State news agency Xinhua quoted Chinese economists as saying the downgrade wouldn’t impact on foreign investment, because the Chinese government was introducing policies to improve the business environment. China has said it will expand the…
Featured Posts Title
On This Day, Jan. 23: China puts Wuhan in lockdown over COVID-19
China: Five years after Wuhan’s Covid-19 lockdown
China stimulus scheme lifted 2024 consumption growth by 1 pct point
Major Chinese port hit by congestion ahead of holiday, Trump tariff threat
This titanic project: a “great solar wall” to power Beijing with electricity ⚡
China sentences man to death over attack on Japanese school bus
Gold Flirts With Record High as Trump China Comments Hit Dollar
Recent Posts
China hits out at ‘wrong’ S&P downgrade ahead of party meeting
China’s Top Bank Orders Others To Cut Business Ties With North Korea
Moscow and Beijing have proposed kick-starting negotiations with North Korea by freezing Pyongyang’s nuclear and missile tests in exchange for a suspension of South Korea-US annual military drills. Tensions between the United States and North…
China’s spirits sales to surpass US$450bn by 2021
Spirits sales in China are forecast to more than double in the next five years, with speciality spirits such as baijiu and soju continuing to dominate the market, according to business analytics firm GlobalData. The…
Agribusiness delegation heads to China to improve industry ties
More than 120 influential Chinese representatives from government, business and academia including one of China’s vice finance ministers, Zhu Guangyao, and Wahaha Group chairman Zong Qinghou will meet with the Australian delegation in Beijing. (…
BRIEF-Tsumura says business and capital alliance with PING AN INSURANCE (GROUP) COMPANY OF CHINA
* Says two entities will mainly cooperate on crude drug supply system, traditional Chinese medicine and health foods related field through establishment of JV * Says unit of PING AN INSURANCE (GROUP) COMPANY OF CHINA…
China’s Dangerous House Price Boom Is Spreading
But the risk factors that could decide the fate of China’s property boom can be found well beyond the capital and biggest city. A close look at the available economic data of ten cities reveals…
China’s Banking System Won’t Collapse, Former Bank Director Says
Foreigners predicting doom for China’s banks have got it all wrong, according to James Stent, who spent more than a decade serving on the boards of two Chinese lenders. Instead of falling into a debt-fueled…
China’s about to get its first new central bank head in 15 years
China is about to get its first new central bank chief in 15 years The winner of the horse race could show what Beijing is planning for the world’s second-largest economy China is about to…
Beijing Takes A Knee – China Central Bank Tells National Banks To Halt Business With North Korea…
Beijing is quickly recognizing they have painted themselves into an economic corner. Beijing enables the DPRK. President Trump specifically targets this reality as the solution to North Korea’s aggression: ¹Beijing tells DPRK to do stupid…
Asia markets fall after North Korea threat and as investors digest China credit downgrade
HTC shares had been suspended from trade on Thursday, prior to the announcement. Chinese banks were also on the radar after the People’s Bank of China reportedly informed them to adhere to United Nations sanctions…
Shanghai fans eat up Canucks-Kings pre-season China spectacle
Kobe Bryant appeared on video. NHL mascots gave the crowd a primer on what this odd game is all about. NHL preseason hockey made its debut in China — a 5-2 victory by the Los…
S.&P. Downgrades China’s Debt, Citing a Surge in Lending
China’s Finance Ministry called the move “a mistaken decision” and labeled concerns about China’s debt “stale news.” It cited the country’s efforts to close excess factories and streamline industries that suffer from overcapacity and ……
China criticizes S&P credit rating cut as ‘wrong decision’
BEIJING (AP) — China’s Finance Ministry on Friday criticized the cut in the Standard & Poor’s rating agency’s credit rating on Chinese government borrowing as a “wrong decision” and said it ignores the country’s economic…
ADVERTISEMENT
