SHANGHAI (Reuters) – China should take “punitive” measures against Canada if new regulations from Ottawa against dumping of aluminum and steel target Beijing, Chinese tabloid Global Times said in an editorial on Friday. The widely…
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China should punish ‘U.S. colony’ Canada over possible anti-dumping rules: Global Times
Train’s visit to Beijing raises speculation of Kim visit
BEIJING — Speculation about a visit to Beijing by North Korean leader Kim Jong Un or another high-level Pyongyang official was running high Tuesday amid talk of preparations for a meeting between the North’s reclusive…
Zhongguancun Bank, MOLBASE join hands on financing services
Beijing Zhongguancun Bank Co Ltd and MOLBASE (Shanghai) Biotech Company reached strategic cooperation agreement in Beijing on March 28 to provide financial services to small and medium-sized companies. The cooperation will provide micro, small and…
China outlines key targets of 2018 financial work
China’s newly merged banking and insurance regulator has outlined major tasks for financial work in 2018, making preventing and dissolving risks a top priority as the country’s new economic team promised better coordination in this…
China approves 3 new IPO applications
BEIJING, March 30 (Xinhua) — China’s securities regulator approved three new IPO applications Friday, which will raise up to 1.6 billion yuan (254.4 million U.S. dollars) in the A-share market. One of the three companies…
Chinese youth goes for domestic brands
Once derided as the ‘world’s factory’ that only churns out low-quality imitation goods, China has been making progress in upgrading … I personally think about Chinese brands like Huawei and Vivo, which are cheaper than…
Stopping China’s Intellectual Property Theft: What Trump Can Learn From His Predecessors
The Trump administration has decided to apply aggressive tariffs on China, in large part in response to concerns about Chinese intellectual property theft. The tariffs have both an economic and a national security purpose. On…
China cuts tax rates for chipmakers amid trade tensions
BEIJING (Reuters) – China’s finance ministry said on Friday it has introduced new tax breaks and exemptions for firms making semiconductors, seeking to limit dependence on foreign chips amid trade tensions with the United States…
iQiyi, China’s answer to Netflix, plunges in Wall Street debut
Investment bank Jefferies said ahead of the IPO that it valued iQiyi at $17 billion, far higher than the company’s market value of about $11 billion after Thursday’s close, according to FactSet. Related: China’s biggest…
Bank of China back in black, CCB profit also picks up
Bank of China swung back into the black last year while China Construction Bank also joined the country’s state-owned lenders in posting a profit pick-up on the back of an accelerating domestic economy. Bank of…
Is a UK model ‘with Chinese characteristics’ the answer for financial regulation?
China could adopt a UK-style financial regulatory system “with Chinese characteristics” to fix its loopholes, a group of researchers advised Beijing. The idea, raised by academics from Tsinghua University and the London School of Economics…
China Mobile: Invest With Communists For 4.5%?
China Mobile is a profitable mega cap telecom with more than 870 million cell phone customers and growing mobile data traffic, wireline broadband and IoT connectivity business segments. The company boasts reasonable pricing metrics, revenue…
IQiyi, the ‘Chinese Netflix,’ pockets more than $2 billion in IPO, stock falls in debut
IQiyi’s ADS’s are worth seven shares of shares traded elsewhere, such as in China. Don’t miss: The iQiyi IPO: Four things to know While American investors had their first opportunity to buy shares, the company…
