China opened up its financial sector to more foreign investment as the government said it will take targeted measures to cope with rising risks and challenges facing the industry. Foreign investors … ( read original…
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China Opens Up Financial Sector to More Foreign Investment
China to scrap foreign ownership caps for life insurers earlier than expected
SHANGHAI (Reuters) – China will remove foreign ownership caps for life insurers, securities firms and funding houses by 2020, a year earlier than scheduled, the top financial watchdog said on Saturday … ( read original…
China Southern Airlines to receive $4 billion capital injection
It will also use the funds to serve its main air transportation business, pay for construction related to China’s Belt and Road Initiative and support aviation development in cities in the southern … ( read…
China Vows Targeted Measures as Financial Stability Risks Rise
(Bloomberg) — China said it will take targeted measures to cope with rising risks and challenges facing the nation’s finance sector amid slowing economic growth and trade tensions with the U.S. The … ( read…
Explosion at gas factory in central China kills at least 10
The official Xinhua news agency said the explosion occurred in the air separation unit of the Yima gas factory of the Henan Coal Gas (Group) Co., Ltd. The blast was not in the gas tank…
China Unicom reports June subscribers data
China Unicom (CHU +0.4%) reports June mobile billing subscribers of 324.35M slightly up from 324.33M in May. 4G Subscribers of 238.94M up from 235.91M in May. Fixed-line broadband subscribers of … ( read original story…
China Mobile International sees business potential in Malaysia
Hong Kong-based China Mobile International (CMI), a wholly-owned subsidiary of New York Stock Exchange and Hong Kong Stock Exchange listed China Mobile Ltd, will be launching its solutions in Malaysia … ( read original story…
Is Viva China Holdings Limited’s (HKG:8032) CEO Paid At A Competitive Rate?
In 2013 Ning Li was appointed CEO of Viva China Holdings Limited (HKG:8032). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we … ( read original…
China’s intelligence law looms over EU 5G safeguards: official
BRUSSELS (Reuters) – The European Union cannot ignore China’s National Intelligence Law, which requires Chinese citizens to support state information-gathering, as Brussels seeks rules for super-fast … ( read original story …)
China’s 5G network investments to grow rapidly, eclipsing buildout in North America
China’s 5G network investments are predicted to surpass those in North America between 2019 and 2023, as the world’s second largest economy rapidly shifts from 4G to the next-generation mobile … ( read original story…
Bitcoin Deemed ‘Virtual Property’ By Chinese Court
While the court ruled that the client’s lawsuit against the cryptocurrency exchange was insufficient, the court deemed bitcoin to be property under the specifics of the case — a landmark distinction … ( read original…
US China trade war: India may have lost the opportunity to capitalise on Dragon’s woes
China is the largest trade partner of the US in terms of goods … who started his career as international trade negotiator and served with US team for NAFTA negotiations told Financial Express Online ……
Bitcoin Is ‘Virtual Property’ Says Second China Court
China has officially recognized Bitcoin as a valid phenomenon for a second time after a court determined it is “virtual property.” “We should recognize it as a virtual property,” the judgement text, … ( read…
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