Bank of China will soon become the first Chinese bank to open a Dublin branch, capturing Ireland’s increasingly close business and financial ties with China. This new Dublin branch will support Chinese companies to grow…
FINANCE
China president's plane stops in Alaska after Trump visit
Alaska could provide a generation’s worth of liquefied natural gas to China, he told Xi. For Walker, even just a few hours of time with the president of China can pay dividends. China is the…
China vows stricter banking regulation to rein in risks
China’s top banking regulator on Friday vowed to strengthen supervision and punishment over irregularities in the sector to enhance risk control and improve financial services for the country’s real economy. Wang Zhaodi, head of the…
China stock regulator challenges corporate hype to cool economic zone fever
China has unveiled plans to build Xiongan New Area … after the company changed its name to P2P to stir up investor interest at a time when internet finance was a hot investment theme. The…
China court orders Samsung to pay $11.6 million to Huawei in patent dispute
This is actually the first of a slew of lawsuits against Samsung in China –it was first filed in May 2016. This particular case seems to relate to the use of unlicensed 4G technologies, which…
China's press has been relatively mute on the Trump-Xi summit—here's why
However, when the two presidents met in Florida during the early hours in China, there was almost no reporting at all. No photos of Xi. Discussions about the event appeared to be blocked and censored.…
CBRC mulls guidelines to prevent financial risks
China’s banking regulator vowed on Friday to clean up irregularities in the sector and intensify the crackdown on financial speculation that exploits systemic loopholes. Yang Jiacai, assistant chairman of the China Banking Regulatory Commission ……
China tightens collateral rules involving corporate bonds amid rising defaults
SHANGHAI China has published rules barring the use of lower-rated corporate bonds as collateral in short-term borrowing in a bid to reduce financial risks. The rules, which apply to the so-called repurchase agreement (repo) business…
Little confrontation or progress in China-U.S. meeting
The U.S. administration’s first recourse is very likely to be economic — pushing China to crack down on Chinese banks and companies said to provide North Korea access to the international financial system. In a…
A High Flier Among China ETFs (CQQQ, BABA)
Many of these ETFs take a traditional approach to the Chinese economy, which is the world’s second largest behind the U.S. That means a typical China ETF is likely to be heavily allocated to financial…
How China May React to U.S. Strike on Syria
Apr.06 — The U.S. launched a cruise missile attack against Syria after accusing Bashar al-Assad’s regime of using poison gas to kill scores of civilians. Bloomberg’s Tom MacKenzie reports on China’s possible reaction on “Bloomberg…
Beijing struggles to get residents to declare war on trash
Beijing finds it tough to raise participation. “There are only classification targets…but no punitive measures for residents who disobey the instructions,” said Yang Kun, a city management official in the upmarket Finance Street district. “We…
Beijing struggles to get affluent residents to sort their own garbage
Beijing finds it tough to raise participation. “There are only classification targets … but no punitive measures for residents who disobey the instructions,” said Yang Kun, a city management official in the upmarket Finance Street…