BEIJING — China’s non-financial outbound direct investment (ODI) in January-July rose 3.3% from a year earlier to 432.92 billion yuan ($61.71 billion), the commerce ministry said on Thursday. ( read original story …)
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China Jan-July non-financial ODI up 3.3% in yuan terms – commerce ministry
China insists on countering US tariffs
China will take unspecified “necessary counter-measures” to the latest U.S. tariffs on US$300 billion of Chinese goods, the finance ministry said today. The ministry also said the U.S. tariffs … ( read original story …)
China says state cryptocurrency set to rival bitcoin is ‘close’ to launch
A senior official at the People’s Bank of China said the cryptocurrency was “close to being out” at an event held by China Finance 40 Forum, according to separate reports in Reuters and Bloomberg, ……
Hong Kong airport protests are a warning that violence is bad for business: Don Pittis
Hong Kong’s business life blood The closure of Chek Lap Kok is an example, a warning if you will, of the changing position of Hong Kong in the world and in China. It is a…
China property price changes in July
Jun 0.6 -0.1 0.1 0.3 0.3 0.5 0.7 May 0.7 0.6 0.2 -0.1 0.8 0.4 1.8 Apr 0.6 0.5 0.7 0.3 1.1 0.4 1.2 Mar 0.6 0.4 0.3 -0.1 0.8 -0.3 0.6 Feb 0.5 -0.2…
China’s Jan-July property investment growth slows, sales fall
BEIJING, Aug 14 (Reuters) – China’s property investment grew 10.6% in the first seven months of the 2019 on a year-on-year basis, slowing from 10.9% in the January-June period, official data showed on … (…
China fixes its yuan midpoint at 7.0326 per dollar, stronger than analysts expected
China’s central bank set the official midpoint reference rate for the yuan at 7.0326 per dollar on Tuesday, stronger than what analysts were expecting. It was the fourth consecutive session where the … ( read…
How Does Bank of China Limited (HKG:3988) Fare As A Dividend Stock?
Could Bank of China Limited (HKG:3988) be an attractive dividend share to own for the long haul? Investors are often drawn to strong companies with the idea of reinvesting the dividends. ( read original story…
U.S. Blacklists China Nuclear Firms Accused of Aiding Military
(Bloomberg) — The U.S. added four Chinese nuclear entities to a trade blacklist, accusing them of helping to acquire advanced U.S. technology for military use in China. China General Nuclear Power … ( read original…
China’s Tencent cautious after surge in quarterly profit
Growth in the company’s gaming business resumed in the second quarter after a long regulatory freeze in China and its fintech operations also generated sharply higher revenues. However … ( read original story …)
Investors Who Bought Shenzhen Expressway (HKG:548) Shares Five Years Ago Are Now Up 78%
To wit, the Shenzhen Expressway share price has climbed 78% in five years, easily topping the market return of -12% (ignoring dividends). However, more recent returns haven’t been as impressive as … ( read original…
A Look At Some Of the Pro-Beijing Neighborhoods In Hong Kong
Young, black-clad protesters have widespread support among residents of Hong Kong. But there have been clashes with residents in pro-Beijing enclaves. ( read original story …)
Why Saudi Arabia Needs An Aramco IPO
While China reports GDP growth of just over 6% … Saudi Arabia is firming up its plans for an Initial Public Offering (IPO) of 5% of giant state oil enterprise Saudi Aramco. ( read original…
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