March 25 (Reuters) – China Financial Leasing Group Ltd : * EXPECTS TO RECORD A LOSS ATTRIBUTABLE TO OWNERS OF COMPANY FOR YEAR ENDED 31 DECEMBER 2018 * EXPECTED RESULT DUE TO NET LOSS ON…
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BRIEF-China Financial Leasing Group Sees FY Loss
Equipment manufacturers reject ‘Made in China’ quality scepticism
China’s manufacturers have historically been known for the quality of their products, which is perceived to be far lower than that of items produced by manufacturers in the US or Europe, for example. … (…
China tech firms, seeking passion and energy, promote younger staff
Explicit age discrimination is illegal in many countries, though not in China. Chinese tech companies … under that plan is its president for new business, Zhang Yaqin, who will retire in October … ( read…
China’s clampdown on shadow banking has pushed borrowers into the online undergrowth
Once the genie’s out of the bottle, it’s impossible to put back in. China has discovered predatory online cash loans, and even an appearance on the state broadcaster’s annual consumer rights program … ( read…
China’s Big Oil Aims Spending Boom at Old Wells to Heed Call
China’s big three — PetroChina Co., Sinopec Corp. and Cnooc … where per-well spending could be 10 times higher than other fields, Huatai Financial Holdings estimates. Returns Uncertain “Investors … ( read original story …)
China Local Government Debt – The Bomb That Doesn’t Explode
Finance Minister Liu Kun said over the weekend that accelerated … If so, that makes a contrast with other securities in China, where borrowers are reneging on bond payments at a record pace. … (…
China’s central bank says country to step up oversight of ‘too big to fail’ financial firms
China has taken several steps in recent months that it says will improve the business environment for foreign firms and investors operating in the world’s second-largest economy, including reducing … ( read original story …)
China faces US$540 billion pensions shortfall and must do more to educate population about retirement, say experts
China must do more to address a severe shortfall in pensions that could, by one estimation, amount to US$540 billion by next year, according to experts. “The government is not doing nearly enough,” … (…
China struggling to quit its debt addiction
Nonetheless, 2017 appeared to mark a decisive break from China’s addiction to debt. For years policymakers had paid lip service to warnings from global bodies like the International Monetary Fund and … ( read original…
Alibaba, Tencent and Suning partner with auto brands on ride hailing service
China’s tech and retail giants, Alibaba, Tencent and Suning have partnered with a host of automotive brands to launch a Chinese ride-hailing venture. The venture, which will focus on new energy … ( read original…
China’s ‘Davos’ loses its appeal for Australians
As political and business leaders gather on China’s Hainan Island this week for the annual Boao Forum for Asia, Australia’s presence is more low key than it had been for years. Australia was heavily ……
China refuses to concede on U.S. demands to ease curbs on tech firms, report says
Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on … ( read…
Bringing your Brand to Chinese Consumers
The spending power of the world’s largest middle-class population has made China the world’s largest market for a host of consumer goods, and many Australian brands have successfully leveraged this … ( read original story…
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