(Bloomberg) — China’s still importing oil from Iran weeks after the U.S. imposed sanctions aimed at halting sales of crude from the Persian Gulf nation. Official customs data on Friday showed China … ( read…
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Recent Posts
China’s Still Taking Iran Oil Weeks After U.S. Toughens Sanction
Another Month, Another Chinese Bank Bailout
Beijing dislikes bailing out state companies—particularly banks—but can’t seem to kick the habit. The latest example is Bank of Jinzhou. On Thursday, this small Northern lender said it was in talks … ( read original…
China’s central bank continues to skip reverse repos Friday
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, Oct 8, 2018. [Photo/IC] BEIJING – China’s central bank continued to skip open market operations via reverse … ( read…
China’s Wanda Sports raises $190.4 million in downsized IPO
on Friday priced its downsized U.S. initial public offering (IPO) below its targeted range to raise $190.4 million. The Beijing-based company, a unit of Chinese conglomerate Dalian Wanda Group, has … ( read original story…
China’s Wanda Sports raises US$190.4 million in downsized IPO
REUTERS: Wanda Sports Group , a sport events owner whose interests include selling sponsorship rights to the FIFA World Cup, on Friday priced its downsized U.S. initial public offering (IPO) below its … ( read…
Beijing says People’s Liberation Army is a ‘pillar of stability’ for Hong Kong
The People’s Liberation Army is a pillar for stability in Hong Kong and will always abide by the law, Beijing said on Friday amid concerns it might mobilise troops to help bring an end to…
China Proposes Tighter Oversight of Financial Holding Firms
China plans to start regulating large conglomerates that may pose systemic risks to the nation’s financial sector. Certain non-financial firms or individuals with businesses that straddle at least two … ( read original story …)
Beijing’s liaison office in Hong Kong hits out at accusations it was behind Yuen Long attacks, calling them ‘malicious rumours’
Beijing’s liaison office in Hong Kong has condemned those who accused it of being behind violent attacks in the northern town of Yuen Long on Sunday, with the foreign ministry also slamming US senator ……
Beijing says local governments can set winter output limits for Chinese industry’s war on smog
Beijing will not set overall output restrictions on China’s heavy industry for the coming winter but will direct local governments to set limits based on manufacturers’ emissions, the environment … ( read original story …)
US state department worried by Beijing’s hints it could use troops to put down Hong Kong protests
‘We urge Beijing to adhere to its commitments in the Sino-British Joint Declaration and Basic Law to allow Hong Kong to exercise a high degree of autonomy’ Department ‘categorically rejects’ charge … ( read original…
China Proposes Tighter Oversight of Financial Holding Companies
China plans to start regulating large conglomerates that may pose systemic risks to the nation’s financial sector. Certain non-financial firms or individuals with businesses that straddle at least two … ( read original story …)
China moves to regulate ‘blind’ business expansion of financial holding firms
BEIJING — China’s central bank on Friday unveiled the first draft rules to regulate the country’s vast and often complex financial holding companies, which it said have had “blind business … ( read original story…
China’s Vice Premier, Sinopec Expected to Meet Saudi Energy Minister
Sinopec is China’s biggest buyer of Saudi crude. Aramco, the world’s most profitable company, has held talks with a select group of investment banks to discuss potential roles on the offering, … ( read original…