China Renaissance Group, a Beijing-based investment bank that had been involved in several high-profile Chinese tech deals, could raise as much as US$800 million in a Hong Kong IPO, Reuters reports, citing sources with knowledge…
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Oil prices jump; optimism over China’s consumption stimulus boosts Asia shares
China’s new home prices fall in February
China unveils plan to boost domestic consumption
Beijing cracks down on stock market misinformation
Chinese cities strengthen policy efforts to help stabilize real estate market
Pentagon is closely monitoring Russia and China test military capabilities in space
How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
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China Renaissance eyes up to US$800 mln in HK IPO: report
Beijing woos foreign businesses as US trade war looms
In its search for business allies abroad, Beijing has also rolled out a number of announcements opening China’s financial services industry, reforms that had long been sought by foreign businesses. Policies announced since March included…
China cuts bank reserves by $100bn to cushion US tariffs
Last week China’s stock markets fell to two-year lows and the carefully managed renminbi declined 1 per cent against the US dollar as Mr Trump escalated his tariff threats and a host of economic indicators…
Trump risks prompting China financial shock
Donald Trump should be careful what he wishes for as he shoulder-checks China’s economy. Some might go for a poking-the-dragon metaphor here. But the U.S. president is not provoking the second-biggest economy so much as…
Taiwan hit by jump in cyber attacks from China
Taiwan has been hit by a jump in serious cyber attacks from China during the past two years in the latest sign that Beijing is only increasing its pressure as the US reaffirms its support…
China Moves to Shore Up Economy as Slowdown and Trade Fight Loom
China in essence told the country’s banks on Sunday that they do not have to sock away as much for a rainy day, allowing them to lend the money instead. The central bank said that,…
As trade war looms, China cuts some banks’ reserve requirements to boost lending
BEIJING (Reuters) – China’s central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points (bps), releasing $108 billion in liquidity, to accelerate…
The Changing Face of Beijing
Walking through Beijing’s hutongs – alleys bordered by rows of single-story courtyard houses that criss-cross the city – it is immediately apparent that the Chinese capital’s urban landscape is changing rapidly. A large proportion of…
Baidu Partners With China Mobile in AI, 5G, and Driverless Cars
Baidu (NASDAQ:BIDU) and China Mobile (NYSE:CHL) recently signed a sweeping strategic partnership that pools their resources in “frontier areas” including AI, big data, 5G networks, and driverless cars. China Mobile, the largest wireless carrier in…
Beijing to unlock Dh396bn with bank reserves cuts
China’s central bank will cut the amount of cash some lenders must hold as reserves, unlocking about 700 billion yuan (Dh396.63bn) of liquidity, as it seeks to control leverage and support smaller companies. The required…
China’s central bank frees up US$100 billion in funding as trade war looms
China’s central bank said on Sunday it would unlock at least US$100 billion for the country’s lenders to bail out troubled state firms and to help small businesses, as Beijing tries to shore up growth…
China’s central bank to cut reserve requirements
BEIJING: China’s central bank announced Sunday it would reduce the reserve requirement ratio (RRR) for most banks by 50 basis points to free up funding for small firms as a trade war with the US…
3 reasons why China’s viral video app Douyin is not good for luxury brands
In 2018, it seems like everywhere you turn in China, people are talking about Douyin. The social media app lies halfway between Musical.ly and Snapchat, offering users the opportunity to post and send photos, live-stream…
