The further opening of China’s financial sector, despite introducing foreign competitors, would help introduce more mature financial products and test the governing ability of Chinese financial regula… ( read original story …)
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China Makes New Move Against US Ally in Disputed Waters
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Dow sees huge surge as US stocks open strong on trade deal with China
What does the US-China tariff deal mean?
Investors cheer US-China tariff truce, but cautious over a final deal
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China’s financial opening ‘not a threat’ for local players: analysts
China’s Xiaomi: Smart phones, no smart IPO
The firm’s IPO was overshadowed by last week’s deterioration of the … of its business model were among the reasons for the lower valuation, analysts said. Beijing-based Xiaomi is the first firm in H… (…
Xiaomi’s IPO flop: Shares fall in Hong Kong debut
In this 2015 file photo, Lei Jun, chairman and CEO of China’s Xiaomi Inc. presents the company’s new product, the Mi Note, in Beijing, China … they had recouped most of their losses. Xiaomi’s IPO…
China’s FX reserves post surprise gain, withstand June market chaos
Reserves rose $1.51 billion in June to $3.112 trillion, compared with a drop of $14.23 billion in May, central bank data showed on Monday. Economists polled by Reuters had expected reserves to drop by ……
People’s Bank of China economist predicts U.S. tariffs will have little short-term impact on Beijing
The trade war will between Washington and Beijing will be difficult for the U.S. to sustain as many tariff targets are produced by joint ventures in China, predicts one of China’s leading economists. … (…
German government, JPMorgan deny report on Deutsche Bank
Shares in Deutsche had jumped by as much as 6 percent on Friday after WirtschaftsWoche (WiWo) magazine said JPMorgan and Industrial and Commercial Bank of China (ICBC) (601398.SS) might invest in the … ( read…
REFILE-Allianz Real Estate aims to raise China investment in new economy, logistics -APAC CEO
HONG KONG, July 9 (Reuters) – The property investment arm of Germany’s Allianz SE expects China to account for up to 50 percent of its Asia-Pacific fund allocation going forward from 40 percent now, w……
Shares of Chinese smartphone maker Xiaomi open for trade below IPO price
Xiaomi debuted for trade in Hong Kong below its IPO price. The company’s Hong Kong offering was priced at 17 Hong Kong dollars, which was on the low end of the expected range. Xiaomi has…
Home Ministry flags Chinese bank eyeing second branch in India
At a time when the Centre has cleared the decks for the maiden Bank of China branch in India, the Ministry of Home Affairs is learnt to have raised objections to a proposal by the…
China’s ‘firefighter’ vice president avoids flames of U.S. trade war
The week before last, for example, the only news he appeared to make was when he met Bangladesh’s foreign minister and when he was appointed honorary president of the Chinese Red Cross. For some China…
China scales back property subsidies, adding to growth concerns
It was self regulating,” said Zhao Quanhou, director of the financial research centre at the Chinese Academy of Fiscal Sciences, a think-tank under China’s finance ministry. “But monetary resettlement … ( read original story …)
Inside China’s Dystopian Dreams: A.I., Shame and Lots of Cameras
The monitor shows their comings and goings, all day, everyday. In China, snooping is becoming big business. As the country spends heavily on surveillance, a new generation of start-ups have risen to m… ( read…
Property companies prominent as Hong Kong directors, firms trade own shares
Shimao Property Holding and China Evergrande Group. The repurchases were made following sharp falls in their share prices. There were rare acquisitions by Greenland’s honorary chairman, Wang Weixian, … ( read original story …)
