BEIJING (Reuters) – Ford Motor Co’s (:F – News) struggle to boost sales in China showed no sign of ending soon with volumes for May sliding 29 percent despite steps being taken by the U.S.…
FINANCE
China’s Theme Park Biz Heading for Bumpy Ride
calls the third era of mainland China’s theme park industry … a new phase of mega-projects combining international brands and IP with substantial Chinese finance. In the pipeline are a Universal mega-park on the outskirts…
China reshuffles central bank monetary policy committee, Governor Yi named chief
China’s top financial regulators also sit on the 14-member policy panel, which meets once every quarter to discuss economic and policy issues. The committee can recommend changes or action when necessary, but its influence is…
China lashes out as President Trump weighs new tariffs
Trade tensions once again heat up between U.S. and China. Yahoo Finance’s Stephanie Sy, Dion Rabouin and Ethan Wolff-Mann discuss. ( read original story …)
China poses ultimate test of Trump’s rationality
Diplomacy is about getting other countries to do what you want them to do. Without China’s help, Donald Trump cannot hope to enforce his deal with Kim Jong Un. Eliminating North Korea’s nuclear arsenal is…
China’s Evolving Toolkit to Manage Monetary Policy
China’s monetary policy is in flux, as the central bank tries to weed out risky lending while ensuring money keeps flowing to the economy. To achieve those sometimes competing goals, the People’s Bank of China…
China Shows Signs of Losing Steam as PBOC Pauses After Fed Hike
China’s central bank held off from immediately raising borrowing costs following the U.S. Federal Reserve, a decision that came just as economic data for May showed that the economy is losing steam. With the prospect…
The 4th China-Israel Investment Summit to be held in China’s Zhuhai in July
ZHUHAI, China, June 14, 2018 /PRNewswire/ — On the back the great results of the 3 rd summit achieved last year, with the guidance and support of the responsible Chinese and Israeli government agencies, the…
Green finance pilot to be extended
China is preparing a nationwide green finance development trial model and extending a one-year pilot program in five provinces, to encourage faster and cheaper loans for environment-friendly industries, according to a senior central bank official.…
ISACA launches presence in Beijing
The Beijing facility will provide a base for the global organization … ISACA already has begun serving customers in China, particularly those in the banking and financial services sectors, as well as expanding active relationships…
Recon Announces Strategic Cooperation Agreement between JD Finance and Future Gas Station to Promote Online Gas Station Payments
today announced that Future Gas Station (Beijing) Technology, Ltd (“FGS”), of which Recon indirectly owns 8%, has recently entered into a strategic cooperation agreement with JD Finance, to establish an information communication mechanism and long…
Malaysia finance minister suggests China connection to 1MDB
Mr Lim said. The finance ministry has filed a report with the country’s Anti-Corruption Commission and said it might seek Beijing’s help to trace Malaysia’s payments. Mr Lim’s announcement comes as the government continues an…
Chinese bank invests in Russia’s Northern Sea Route
(Sergey Guneyev/AFP/Getty Images) Building of Russian Arctic infrastructure is part of a $9.5 billion credit agreement signed with the China Development Bank. On the sidelines of the recent Shanghai Cooperation Organisation’s summit in Qingdao ……
