China Minsheng Banking Corp has been fined 27.5 million yuan (US$4.2 million) in the fake wealth management products case that exposed lax internal control and risk management at the lender, according to the China Banking…
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China’s retaliatory tariffs are a direct hit to U.S. farmers
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Live updates: China, Canada respond to Trump with new tariffs; Congress barrels toward shutdown deadline
US, China discuss a Trump-Xi summit for June, WSJ reports
Live updates: China, Canada respond to Trump with new tariffs; Congress races toward shutdown deadline
Live updates: China responds to Trump with tariffs on U.S. goods; Congress races toward shutdown deadline
Live updates: China responds to Trump with tariffs on U.S. goods; Congress barrels toward shutdown deadline
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China Minsheng Bank handed fine in fake wealth management products case
Canadians doing business in China should be warned of possible trouble, former envoy says
A former Canadian ambassador to China says Ottawa should issue a prominent and official warning to Canadian business people that commercial disputes in China could result in their being detained and having their passports seized.…
China Transforms the Trucking Business
Travel to the edge of any Chinese city and eventually you’ll find a parking lot full of idling trucks and suffocating diesel emissions. In bigger cities, such as Shanghai, these lots sprawl for tens of…
Why Canada must pursue a trade relationship with China
While no formal announcement has been made, Prime Minister Justin Trudeau is fully expected to launch free-trade negotiations with China during his visit to Beijing next week. After more than five years of on and…
Beware risks of business with China: former ambassador
A former Canadian ambassador to China says the Canadian government is not doing a good enough job of warning people of the risks of doing business in China. Chinese authorities have imprisoned Canadian wine producer…
Rights groups call on Trudeau to raise plight of prisoners held in China on trip
OTTAWA — A Montreal woman whose father has been imprisoned in China wants Prime Minister Justin Trudeau to press for the release of him and more than a dozen other prisoners, but she isn’t optimistic.…
Why Parts of Beijing Look Like a Devastated War Zone
BEIJING — At night on the edges of Beijing, the migrant workers who keep China’s capital city fed, cleaned, swept and supplied wait in fear of a knock on the door that could ruin their…
Minsheng Bank Fined Record $4 Mln for Wealth Management Fraud
… bank executives and employees were handed penalties including fines and bans from the banking industry, according to a statement released Thursday by the Beijing office of the China Banking Regulatory Commission (CBRC). The Minsheng…
BRIEF-China Internet Nationwide Financial Services Reports Q3 Earnings Per Share $0.23
* NET REVENUE INCREASED BY 26.2% TO $5.13 MILLION FOR Q3 OF 2017 Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
Sogou Announces IPO Underwriters’ Exercise of Over-Allotment Option
BEIJING, Nov. 30, 2017 /PRNewswire/ Sogou Inc. (“Sogou” or the “Company”) (NYSE: SOGO), an innovator in search and a leader in China’s Internet industry, today announced that the underwriters of the Company’s initial public offering…
China’s factory growth unexpectedly picks up despite pollution crackdown
Growth in China’s manufacturing sector unexpectedly picked up in November, despite a crackdown on air pollution and a cooling property market that have been widely expected to weigh on the world’s second-largest economy. The upbeat…
China’s Bank of Communications partners with Hong Kong fintech start-up to use AI in finance
Bocom International, the investment banking arm of the Bank of Communications, has tied up with Hong Kong fintech firm FDT-AI to better understand investors’ behaviour and capture market opportunities based on artificial intelligence technology and…
UNEP Inquiry, China’s CUFE Highlight Progress on Green Finance
The International Institute of Green Finance of the Central University of Finance and Economics and UN Environment’s Inquiry into the Design of a Sustainable Financial System have released the report ‘Establishing China’s Green Financial System…