Fonterra, the world’s largest dairy exporter, said the facility provided diversity in its yuan funding sources for its operations in China, its largest market. “Bank of China has strong liquidity in renminbi and its local…
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China syndicated loans hit record; Big Singapore property loan
Shaanxi Yanchang Petroleum Group has signed a RMB 15.3 billion facility through sole mandated lead arranger Bank of China. Syndication saw Agricultural Bank of China, Bank of Communications, China CITIC Bank International, China Construction Bank…
FBI probes bank regulator FDIC hack linked to China's military: sources
Washington: The FBI is investigating how hackers, believed sponsored by China’s military, infiltrated computers at a US federal agency that regulates commercial banks for several years beginning in 2010. The agency, the Federal Deposit Insurance…
China makes progress in building government financial report system
China has made headway in its plan to build a comprehensive government financial report system in a bid to raise fiscal transparency, according to an official report released Friday. At present, the country has started…
China's Year Of Virtual Reality
My company Niko Partners estimates China’s VR hardware 2016 market size will hit $300 million by the end of this month with mobile VR being the unequivocal leader in terms of hardware unit sales. Virtual…
China to Set Communication Standard for Post-2018 Driverless Cars, Industry Official Says
China’s aim to establish a national standard could speed the implementation of driverless cars in the world’s biggest auto market. According to News 18, this is in contrast to the patchwork of state laws and…
Dogs saved from slaughter at meat festival in China make new home in Ottawa
After travelling halfway around the world, 10 dogs rescued from a meat festival in China are getting settled at foster homes in Ottawa. The dogs are part of a larger group of 110 dogs that…
Alibaba-Backed China Retailer Suning Wins Approval To Set Up Bank
Suning Commerce Group, the big China appliance retailer whose investors include China e-commerce leader Alibaba Group, has received regulatory approval to set up a bank. The China Banking Regulatory Commission on Tuesday said Jiangsu Suning…
Beijing’s got a dialect dilemma
To the untutored ear, the Beijing dialect can sound like someone talking with a mouthful of marbles, inspiring numerous parodies and viral videos. Its colourful vocabulary and distinctive pronunciation have inspired traditional performance arts such…
China reports seven bird flu cases so far in December
BEIJING — China has reported at least seven cases of bird flu across China this month, including two deaths, as authorities sought to guard against an outbreak. State media reported five cases of H7N9 bird…
China reports first two human deaths from bird flu this winter
Authorities in Shanghai, China’s biggest city with more than 24 million residents … after a 44-year-old man was diagnosed with H7N9 flu, state news agency Xinhua reported on Wednesday. The patient was in hospital and…
China 'closely following' Trump comments on nuclear policy
BEIJING — China said Friday that countries with the largest nuclear … Trump’s cabinet, in summary: How rich, how conservative, how friendly to Canada? Fox News has kept most of its audience after the election…
China says it will co-operate with Trump but warns on Taiwan
BEIJING – China has warned that ties with the U.S. will likely see new complications and the only way to maintain a stable relationship is by respecting each other’s “core interests.” Foreign Minister Wang Yi’s…