In 2022, Beijing will co-host the Winter Olympics and become the … The third precondition rests on successful media deals to finance the games. In 1984, the Los Angeles Olympics sought to make the games…
FINANCE
Beijing-Tianjin-Hebei cluster to see organized development
In the first three quarters in 2017, the service sector accounted for 82 percent of Beijing’s total GDP during the period, during which finance, information and technology industries together accounted for more than 50 percent…
China Biologic Reports Financial Results for the Fourth Quarter and Fiscal Year 2017
— 4Q17 Total Sales Up 12.2% YoY and Non-GAAP Adjusted Net Income Down 6.8% YoY in RMB terms, or Total Sales Up 16.1% YoY to $90.1 Million and Net Income Down 226.8% YoY to a…
Beijing takes over Anbang Insurance Group in unprecedented move
But Beijing’s clampdown on risky financial practices since 2016 crippled its fund-raising. “It is a serious problem. There may now be a flood of redemptions coming through,” said Peking University economics professor Christopher Balding. (…
China considers merger of insurance and banking watchdogs, sources say
China is considering plans to merge its banking and insurance watchdogs to bring more order to a fragmented regulatory system and to heed President Xi Jinping’s calls to reduce financial risk. Sources with knowledge of…
Artprice’s Annual Report on the Global Art Market in 2017: A Genuine Alternative to Financial Markets, with China in First Place
Our 20th Global Art Market Annual Report is once again the fruit of an alliance between Artprice, world leader in Art Market information, founded and directed by thierry Ehrmann, and Artron, its powerful Chinese institutional…
China’s military flexes muscles for domestic objective: more funding
BEIJING (Reuters) – With stealth jets entering service, leaked pictures of new high-tech naval artillery and proud reports of maneuvers that “dare to shine the sword,” China’s armed forces are putting on a show of…
China banking sector’s total assets reach 252t yuan
Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a bank in Beijing on March 30, 2016. [Photo/Agencies] BEIJING – Total assets in China’s banking sector saw steady…
Please Step in Through the Left Window: Directions in Beijing Are Getting Really Complicated
BEIJING—Officials in China’s capital are getting served reminders of an old saying about resistance to bureaucratic rule: “The higher-ups have measures. Those lower down have countermeasures.” Load Error Li Kang began deploying countermeasures … (…
BRIEF-China Financial International Investments Posts H1 Profit Of HK$31.4 MLN
* H1 REVENUE HK$32.1 MILLION VERSUS HK$12.3 MILLION Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
The Zacks Analyst Blog Highlights: Sinopec Shanghai Petrochemical, Waddell & Reed Financial, Buckle and China Petroleum & Chemical
Chicago, IL – Feb 27, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the…
China’s Crypto Exchanges Didn’t Just Survive – They’re Thriving
It began like this: officials from the People’s Bank of China stepped into the offices of the largest crypto exchanges in the country and sat down with their executives. From the financial regulator’s Shanghai and…
China’s Crypto Exchanges Are Thriving Despite the Ban
It began like this: officials from the People’s Bank of China stepped into the offices of the largest crypto exchanges in the country and sat down with their executives. From the financial regulator’s Shanghai and…
