“The recent success of policymakers to reign in property price growth amongst China’s larger cities look set to extend to third-tier cities,” he wrote in a note released last month. “Mortgage lending has advanced around…
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Shares in Chinese property developers are getting hammered
China Unicom sets up big data company
BEIJING, Sept. 25 (Xinhua) — China Unicom announced Monday the establishment of a big data unit in its latest effort to seek new growth as traditional business shrinks. The new subsidiary will make full use…
AviaAM Financial Leasing China Concludes $500 Million Aeroflot Project
AviaAM Leasing announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has brought a $500 million-worth aircraft delivery project to a conclusion. Eight…
As China Piles on Debt, Consumers Seek a Piece of the Action
Now, it’s Li Jing’s turn. Ms. Li, a 33-year-old car saleswoman here in the middle of China’s declining industrial zone, is one of the growing millions of Chinese using mortgages and credit cards to finance…
Fitch Ratings is expecting China’s first local government bond defaults, but timing uncertain
There are concerns about the potential for a wave of defaults in China due to high local government debt, which could impact the financial markets and potentially spread a wave of contagion across the global…
China to more closely oversee state firm finance units, sources say
China will create a centralised financing company to oversee billions worth of dollars in funds held by the country’s state-owned enterprises’ finance units, people familiar with the matter said, allowing the government closer supervision of…
China Development Bank Financial Leasing and Unit to Buy Aircraft From Airbus and Boeing
HONG KONG–China Development Bank Financial Leasing Co. Ltd. (>> China Development Bank Fnacl Lsng Co Ltd) said late Friday that it together with its unit in Ireland CDB Aviation Lease Finance DAC, have signed agreements…
Financial market reform crucial to China’s economy
China is expected to further open up its financial market as part of a strategy to expand its economy in the coming years, according to Harvey Schwartz, president and co-chief operating officer of Goldman Sachs…
Chinese brands outstrip rivals in market share
That’s more than double the growth rate of the passenger car sector as a whole, according to statistics from the China Association of Automobile Manufacturers. Chinese brands seized 43.2 percent of the market share in…
Beijing ‘unswerving’ on ‘one country, two systems’, new chief of Hong Kong affairs says; lashes out at independence advocates
The new chief of Beijing’s office responsible for Hong Kong affairs said the Chinese government would continue its “unswerving” implementation of the “one country, two systems” governing principle despite a reshuffle of officials. On his…
Baba Beijing and Big Bear smack down Uncle Sam in Iran and Venezuela
Cross-linked with http://chinarising.puntopress.com/2017/09/24/baba-beijing-and-big-bear-smack-down-uncle-sam-in-iran-and-venezuela-china-rising-radio-sinoland-170924/, https://youtu.be/VdpYThnrfXk and https://soundcloud.com/44-days/baba-beijingbig-bear … ( read original story …)
China’s Leshi Internet plans to buy finance business from affiliate for 3 billion yuan
(Reuters) – The main listed unit of Chinese technology conglomerate LeEco said on Sunday that it plans to buy investment and financial service assets from an affiliate for up to 3 billion yuan ($455.24 million)…
China banks told to stop N.Korea business
China’s central bank has told banks to strictly implement United Nations sanctions against North Korea, four sources have told Reuters, amid US concerns that Beijing has not been tough enough over Pyongyang’s repeated nuclear tests.…
