China’s central bank expanded gold reserves again in July, pressing on with a run that stretches back to December. The People’s Bank of China raised holdings to 62.26 million ounces from 61.94 million … (…
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Trump’s AI Strategy Against China Gets Its First Big Test
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$1.3B in US taxpayer money sent to China and Russia over 5 years, watchdog group says
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Recent Posts
China Scoops Up More Gold for Reserves During Trade War
China c.bank denies rumors about interest rate cuts
BEIJING — China’s central bank on Wednesday denied, and dismissed as untrue, rumors circulated online about its decision to cut the benchmark deposit and lending interest rates from August 10 … ( read original story…
Circulating in China’s financial system: more than $200 billion in IOUs
China’s trade war with the United States has escalated in … the government is clamping down on other ways that property companies raise money, like through the shadow banking system. Property … ( read original…
China fixes yuan below 7.0
In its daily yuan fixing operation, the Peoples Bank of China adjusted the mid-value of the yuan to 7.0039 per US dollar, the first time it has been below 7.0 per dollar since April 2008.…
Three scenarios: From mild to ‘scorched earth,’ how the U.S.-China trade war could hit Canada and the Canadian dollar
The escalating U.S.-China trade war threatens to sideswipe Canada’s economy and the Canadian dollar. The impact may not be huge, but it comes at a crucial time as Canada tries to pick up after a…
Imagine Owning China Demeter Financial Investments (HKG:8120) And Trying To Stomach The 95% Share Price Drop
Long term investing works well, but it doesn’t always work for each individual stock. We don’t wish catastrophic capital loss on anyone. Imagine if you held China Demeter Financial Investments … ( read original story…
Nestle starts selling Starbucks-branded coffee in China
“Right now the overall soluble coffee in China is growing between 3-5% (a year) and we believe that by bringing this exciting new business opportunity we should be able to grow faster than that ……
Reading Toni Morrison in Beijing
The fact that I had read Toni Morrison before I left China in 1996 seems a miracle in retrospect. I was a college student in the early 1990s, and a frequent visitor to Beijing Foreign…
China Mobile profit tumbles as data growth stalls
China Mobile, the largest mobile operator in the world, warned of a limited upside for data traffic as the market becomes saturated, and stressed the need find new growth as its reported declines in ……
China Mobile interim profit slumps to 56b yuan, revenue shrinks
China Mobile (0941) reported net profit for the six months ended June dropped by 14.59 percent from a year ago to 56.06 billion yuan (HK$62.4 billion) amid intensifying competition within the telecom … ( read…
China denounces Australian lawmaker’s World War Two Germany remark
he argued the West had wrongly calculated that economic liberalization in China would lead to democratization. In World War Two, France had failed to appreciate the “evolution of mobile warfare … ( read original story…
China Mobile Ltd.: 2019 Interim Results Press Release
EBITDA = profit from operations + depreciation and amortization The Company has applied the new accounting standard on leases (IFRS/HKFRS 16) since 2019. Should the former corresponding accounting … ( read original story …)
China imports from U.S. fall 19 per cent in July amid trade war
Washington and Beijing are locked in an increasingly costly tariff war over U.S. complaints China steals or pressures companies to hand over technology. The United States and other Chinese trading … ( read original story…
