The specific sectors should be identified by senior officials of both countries working within the new Financial and Strategic Dialogue context that was agreed by China and Canada in September. A clear set of principles…
FINANCE
China banking regulator wrestles with $2.9 trillion off-balance sheet WMPs
BEIJING China’s banking regulator may be getting serious about how lenders provision for the more than 20 trillion yuan ($2.9 trillion) of wealth management products (WMPs) that have been issued as non-guaranteed off-balance sheet liabilities.…
China Finance Online Co. (JRJC) Cut to “Hold” at TheStreet
China Finance Online Co. (NASDAQ:JRJC) was downgraded by equities researchers at TheStreet from a “buy” rating to a “hold” rating in a research report issued on Tuesday. Shares of China Finance Online (NASDAQ:JRJC) traded up…
China will defend WTO rights if Trump moves on tariffs: official
WASHINGTON (Reuters) – China will defend its rights under World Trade Organization tariff rules if U.S. President-elect Donald Trump moves toward executing his campaign threats to levy punitive duties on goods made in China, a…
Cooling growth pulls China's yuan down to third place in global trade finance: SWIFT
HONG KONG China’s yuan slipped one place to the third most-active currency for global trade finance, overtaken by the euro, partly due to slowing growth in the world’s second-biggest economy, global transaction service provider SWIFT…
China's Big Five banks to set up AMCs for debt-for-equity swaps: Caixin
BEIJING China’s five biggest state-owned banks are to set up asset management companies (AMCs) to undertake debt-for-equity swaps, the financial publisher Caixin reported on Wednesday. The five state-run banks are Industrial and Commercial Bank of…
As Trump disses TPP, China says to 'play role' in Asia-Pacific integration
BEIJING (Reuters) – China will “play its role” in promoting economic integration in the Asia-Pacific, the foreign ministry said on Wednesday, after U.S. President-elect Donald Trump said he would kill an ambitious regional trade pact.…
Issues in China have not gone away: Expert
China will heat up again as domestic debt problems and trade policy changes expected by president-elect Donald Trump come into sharper focus, says Charlene Chu at Autonomous Research Asia. ( read original story …)
Financial warfare: China and the US T-Bills
The new President Trump appears to be making a confrontation with China the core of his trade policy. If China does not conduct trade in a fairer manner, the US will proceed to introduce import…
The Man Who Ran China’s Biggest Bank Looks West
Will China—home to bad-debt-burdened banks, heavily indebted companies, and an overheated housing industry—be the scene of the world’s next financial train wreck? The debate is one of the biggest in global finance. To bearish investment…
China Fibretech replies to SGX queries on financial statements
DYE maker China Fibretech has responded to queries by Singapore Exchange (SGX) surrounding its financial results for the third quarter ended September and the first nine months of the year. In a filing to the…
China New Borun Announces Third Quarter 2016 Unaudited Financial Results
BEIJING, Nov. 22, 2016 /PRNewswire/ — China New Borun Corporation (NYSE: BORN; “Borun” or the “Company”), a leading producer and distributor of corn-based edible alcohol in China, today announced its unaudited financial results for the…
Tonymoly builds new manufacturing plant in China
Korean K-Beauty favourite, Tonymoly, invests 23 bn won (€19.1 mn) in a new production facility in Zhejiang Province, China. Tonymoly will build the unit through its Chinese cosmetics affiliate Megacos, a manufacturer and seller of…
