The members of the board of Directors (the “Board”) of China Minsheng Banking Corp., Ltd. (the “Company”) are set out below. The Board has established 6 committees. The table below provides membership information of these…
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China Minsheng Banking : List of Directors and Their Role and Function
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No other products have been listed twice and it now faces cumulative import duties of 71 percent, not including value added tax, according to a formula published on the website of China’s finance ministry last…
China’s Property Market Most at Risk of a Cash Squeeze
A mad scramble by Chinese property developers to build up their land banks is taking its toll on the industry’s creditworthiness, with builders singled out as having the highest risk of default as channels of…
China’s Xiaomi secures seven cornerstone investors for $6.1 billion Hong Kong IPO
HONG KONG (Reuters/IFR) – Chinese smartphone maker Xiaomi Corp has lined up $548 million from seven cornerstone investors including U.S. chipmaker Qualcomm Inc for its Hong Kong IPO of up to $6.1 billion, according to…
FS meets financial officials
Financial Secretary Paul Chan met senior financial officials in Beijing today. He first met Deputy Governor of the People’s Bank of China Pan Gongsheng. They discussed the maintenance of financial stability, the internationalisation of the…
China says U.S. swinging “big stick” of unfair trade tactics
China on Thursday accused the United States of using bullying … and blackmail by swinging the big stick of trade protectionism,” Gao told reporters at a news conference. “The U.S. is abusing the tariff methods…
China to reduce U.S. oil imports post-September amid trade spat: sources
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China has been steadily intensifying its economic and strategic relations with developing countries in recent years. Through deepening trade ties, large-scale infrastructure financing and its ambitious vision to create ‘seamless connectivity’ through … ( read…
China smartphone makers at crossroads as high-end handsets target Apple’s iPhone X
Chinese smartphone brands are challenging their budget image with premium models costing more than US$1,000, taking aim at a segment that is dominated by Apple’s iPhone X. Oppo, China’s second-largest smartphone brand, unveiled its Find…
Why you can’t talk about John Oliver in China
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Exclusive: Pope says China talks going well, dialogue worth the risk
and make new progress in the process of improving relations and advancing constructive bilateral dialogue,” Geng told a regular news briefing in Beijing on Thursday, without elaborating. The most outspoken critic of the pope’s China…
China Mobile eyes 5G as subscriber base crosses 900 million
China Mobile Communications Corp, China’s major telecom carrier, announced on Wednesday that its user base reached 901.92 million in May, increasing by 2.26 million from the previous month, jiemie reported. While the number of China…
China’s Xi can make life tough for U.S. companies, from Apple to Walmart
vice president of China operations for the U.S.-China Business Council in Beijing. One advantage of this tactic for Xi is that this time the numbers are on his side, as U.S. investment in China is…
