The Industrial & Commercial Bank of China Ltd., a state-controlled enterprise and the world’s biggest lender by assets, is due to renegotiate its lease at Trump Tower in Manhattan during Donald Trump’s presidency — a…
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China's yuan will appreciate vs US dollar in the long-term: Central Bank advisor
[BEIJING] The Chinese yuan will appreciate against the US dollar in the longer-term, a central bank adviser said, arguing that recent weakness in the currency is largely due to a stronger US dollar. The Chinese…
DEUTSCHE BANK: The property bubble 'is the most important macro issue in China'
A man rides a motorcycle past a replica of the Eiffel Tower at the Tianducheng development in Hangzhou, Zhejiang Province August 1, 2013. Reuters/Aly Song China’s debt-fuelled property boom, and potential bust, will be one…
Central bank to force dual-network bank cards out of mainland market
Photo: CFP Dual-network bank credit cards, which can operate through the domestic bank card association China UnionPay and foreign networks such as Visa and MasterCard, will soon be phased out the Chinese domestic payment card…
China's central bank denies banning commercial banks on home loans
View of the headquarters of the Peoples Bank of China (PBOC), Chinas central bank, in Beijing, June 27, 2015. [Photo/IC] BEIJING – China’s central bank has not banned commercial banks from issuing personal home mortgage…
China Unicom Hong Kong : Clarification Announcement
11/28 DJ AT&T: Unveils Pricing for DirecTV Now Streaming Service — 2nd Update 11/28 DJ AT&T: Unveils Pricing for DirecTV Now Streaming Service — Update 11/26 DJ AT&T: DirecTV Now Streaming Service Is Unveiled, Watch…
China Unicom surge leads Hong Kong shares higher by midday
HONG KONG (NewsRise) — Hong Kong shares rose on Wednesday as telecommunication companies rallied on speculation Chinese policymakers could approve a mixed ownership plan, bringing in new shareholders as part of a broader reform agenda.…
China’s 4G user base surpasses 700M
China’s three mobile operators added another 26.5 million 4G customers in October, taking the country’s 4G user base to more than 700 million. China Mobile continued to widen its lead on its rivals, adding 16…
Why Facebook's China adventure will need more than censorship to succeed
… needs to invest in more than just censorship tools if it hopes to lift a seven-year ban in China, experts say, amid a tightening space for foreign technology companies in the world’s most populous…
China's Cyber Security Law: Can Foreign Parties Sue China's Technology Cos. for Violating the Law?
With China’s passage this month of its Cyber Security Law (the “Law”; unofficial English translation on China Law Translate), much of the attention in the international business community has focused on how business obligations will…
China's property market has bubble but won't collapse, says Wanda chairman
MORE CINEMAS Since Wanda was founded in 1988, the group has become China’s largest commercial property company. It has also expanded into cinemas, sports clubs and finance, partly through acquisitions. Wang said the group wants…
China Financial POS Terminal Industry Report, 2016-2020
LONDON, Nov. 29, 2016 /PRNewswire/ — With the development of electronic information technology and Internet technology, emerging payments like online payment, mobile payment and fixed-line phone payment have produced certain shunting effect on e-payment ……
China forex regulator tightens controls to stem capital outflows, sources say
SHANGHAI/HONG KONG (Reuters) – China is stepping up measures to stem capital outflows after the yuan currency skidded to more than eight-year lows, sources said on Tuesday, taking aim at outbound investments that have soared…
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