Those who speculate and sell the yuan short will surely suffer heavy losses, according to the prepared speech of Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), … ( read original…
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China Denounces US Tariff “Bullying”
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Recent Posts
Tsinghua Global Finance Forum opens in Beijing
China to offer liquidity to Baoshang Bank
BEIJING (Reuters) – China’s central bank said on Sunday that it would offer liquidity to Inner Mongolia-based Baoshang Bank, which the country’s financial regulators have said they would take over due … ( read original…
Shenzhen Is Known As The ‘World’s Factory,’ Where 90% Of All Our Gadgets Are Made
Shenzhen is known as the “world’s factory” for a reason, and that’s because pretty much everything is made there. Of course, that goes double for electronics. An estimated 90 percent of the world’s … (…
China’s robot censors crank up as Tiananmen anniversary nears
In 2012, China’s most-watched stock index fell 64.89 … including major political news, natural disasters and diplomatic visits. “When it comes to news, the rule is simple … ( read original story …)
Why China is building hundreds of new airports
When China’s air industry hits the news, stories are typically centered on passengers going rogue, punching each other, trying to wrestle open emergency doors mid-takeoff or dangerously tossing coins … ( read original story …)
Beijing is building hundreds of airports as millions of Chinese take to the skies
While alarming and fascinating in equal measure, these headlines conceal another tale — one of a country undergoing a breakneck expansion into the world of flying as its people take to the sky in ……
Beijing building new airports as millions of Chinese take to skies
When China’s air industry hits the news, stories are typically centered on passengers going rogue, punching each other, trying to wrestle open emergency doors mid-takeoff or dangerously tossing coins … ( read original story …)
China says U.S. demand on its state-owned enterprises is ‘invasion’ on economic sovereignty
… of its state-owned enterprises (SOEs), a demand that China sees as an “invasion” on its economic sovereignty, Chinese state news agency Xinhua said on Saturday. Trade tensions between … ( read original story …)
Chinese regulators announce takeover of Baoshang Bank, cite credit risks
China’s financial regulators announced today China Construction Bank will take over business operations of Inner Mongolia-based Baoshang Bank, Reuters writes. The takeover will last a year. … ( read original story …)
US envoy calls for Beijing ‘dialogue’ with Dalai Lama
BEIJING: The US ambassador to China has called on Beijing to open a “substantive dialogue” with the Dalai Lama in remarks made this week during a rare visit to Tibet, his embassy said Saturday (May…
Analysis: The US won a trade war against Japan. But China is a whole new ball game
In an editorial last year, China’s Xinhua state news agency warned that “Japan was seriously hurt by its improper response” to the Plaza Accord and US trade pressure. It blamed the US for scapegoating ……
United States’ escalation of trade tensions ‘solves nothing’, China’s financial regulator says
In a written speech delivered by a deputy at the Tsinghua PBCSF Global Finance Forum in Beijing, Guo Shuqing spoke out against the criticism levelled by Washington on issues such as forced technology … (…
JD.com and Alibaba slug it out in blockchain space
Chinese e-commerce giant JD.com has applied for over 200 blockchain patents, according to a report by Securities Daily News. Its rival Alibaba Group has, meanwhile, applied for 262 patents in this … ( read original…
