That clearly is why Beijing stepped in so quickly to contain Baoshang. The Baoshang Bank to all appearances looked healthy. Its last financial report issued in 2017 showed a profit of $600 million for ……
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Recent Posts
Is Baoshang Bank China’s Lehman Brothers?
Brands Must Deal with Counterfeits on Social Commerce—Here’s How
Therefore, while it might seem as if the company, known as “China’s Groupon,” poses a lesser threat for high-end fashion and lifestyle brands, there are actually several reasons why it deserves closer … ( read…
China says it will freeze out U.S. companies that sell arms to Taiwan
China’s government and Chinese companies will cut business ties with U.S. firms selling arms to Taiwan, China’s Foreign Ministry said on Monday, declining to give details of the sanctions in a move … ( read…
China’s growth slows to 27-year low as trade war bites, more stimulus seen
China’s economic growth slowed to 6.2 per cent in the second … adding to expectations that Beijing needs to do more to boost consumption and investment and restore business confidence. The … ( read original…
China Q2 GDP growth slows to 27-year low as trade war bites, more stimulus seen
China’s trading partners and financial markets … needs to do more to boost consumption and investment and restore business confidence. The April-June pace, in line with analysts … ( read original story …)
China’s answer to Zara and H&M ready to take on the world
With China poised to become the world’s largest fashion market in 2019, home-grown high-street brands are well placed to cash in. Peacebird and Bosideng, for example, have both featured in Chinese … ( read original…
China’s Xiaomi continues chip strategy revamp with investment in semiconductor designer
SHANGHAI (Reuters) – China’s Xiaomi Corp (1810.HK … last year bought Chinese chipmaker C-Sky. Its chief technology officer later said the firm will unveil its first artificial intelligence … ( read original story …)
HKUST Signs MoC with China Banking Association, Shenzhen University
About Shenzhen University (SZU) Established in the Shenzhen Special … thereby contributing to the overall quality of the banking industry. Well, unlike many news organisations, we have no sponsors, … ( read original story …)
China Q2 GDP growth slows to 27-year low, more stimulus expected
China’s trading partners and financial markets are closely watching the health of the world’s second-largest economy as the Sino-U.S. trade war gets longer and costlier, fueling worries of a … ( read original story …)
China’s economy growth cools further amid U.S. tariff war
BEIJING — China’s economic growth slowed to its lowest level in a decade in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington. The world’s…
China property investment slows, sales dip
BEIJING (Reuters) – Growth in China’s real estate investment hit 10.9% in the first six months of the year on an annual basis, easing from 11.2% in January-May, official data showed on Monday. It ……
Demand for China Property This Year Will Remain Robust, Says Citigroup’s Liu
Jul.14 — Li-gang Liu, chief China economist at Citigroup, discusses China’s GDP and his outlook for China’s economy. He speaks on “Bloomberg Markets: China Open.” … ( read original story …)
China, US still have room to cooperate in science and technology
The scientific communities of China and the United States still have room for exchanges and cooperation despite ongoing trade and technology disputes between the two countries, a senior science policy … ( read original story…