BEIJING/HONG KONG — China is sharpening its scrutiny of small banks’ shareholders amid fears that loans from the lenders to big investors could prove a weak point in the country’s financial … ( read original…
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‘Takaichi cannot retract her statement and Beijing knows that’: Why China-Japan spat unlikely to be resolved soon
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China probes small bank shareholdings as risk worries persist
IMAX China Reports Half-Year 2019 Financial Results
IMAX China Holding, Inc. (“IMAX China” or the “Company”, HKG: 1970) today reported first half 2019 Greater China revenue of US$59.3 million, up 15.1% year-over-year, primarily driven by strong growth … ( read original story…
China’s Politburo Vows Action on Trade, Tweaks Stimulus Policy
China’s efforts to shore up sagging economic growth are leading to a resurgence in indebtedness, underlining the challenge President Xi Jinping’s government faces in curbing financial risk. Story … ( read original story …)
Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King
Chinese importers in Russia are buying up to $30 million a day of tether (USDT) from Moscow’s over-the-counter trading desks. They use the cryptocurrency to send large sums back to their home country, … (…
Second-hand market comes in from the cold in China
Chinese consumers became the world’s biggest spenders on luxury brands in 2012, according to consultancy Bain, and account for about a third of global purchases. Sales of pre-owned goods account for … ( read original…
Why China is looking to Shenzhen – and not Hong Kong – to reinvent its economic future
A report by state news agency Xinhua about the meeting gave only a broad description, saying the special status was given to Shenzhen to further boost its “innovation-focused development strategy” so … ( read original…
Liberals defend outreach to ex-China diplomats, reject opposition call for study
CTV News spoke with Saint-Jacques and he said that he doesn’t think … In this case that includes the two Canadians in China: Michael Kovrig and Michael Spavor, as well as the livelhoods of the…
Trump Lashes Out at China ‘Rip Off’ Just as Trade Talks Resume
“China is doing very badly, worst year in 27 — was supposed … That’s a reference to Democratic presidential candidate, former Vice President Joe Biden. Financial markets are on edge about the fate … (…
Kontoor Brands: Boring Is Beautiful
Baxter went on to talk about the opportunities that have opened up such as introducing the Wrangler brand in China, which will happen in January of 2020. The new independence also allows Kontoor … (…
Fed cut could spark China interest rate reform, rather than easing from the central bank
Tan Yaling, president of the China Forex Investment Research Institute, a Beijing-based research group, said the Chinese central bank does not necessarily need to follow the Fed step for step. “China … ( read original…
UBS Analyst Who Predicted China Bank Woes Sees $349 Billion Hole
While Bedford is quick to point out that China’s financial industry is on a sounder footing than it was a few years ago thanks to a major cleanup effort by regulators, he sees a difficult…
Opposition prompts meeting over alleged ‘pressure’ on ex-China diplomats
CTV News has not independently verified these reports … and specifically the troubled diplomatic situation Canada is in with China. Since late 2018, relations between Canada and China have been … ( read original story…
Donald Trump launches attack on China over trade ‘rip-off’ – as it happened
Trump’s criticisms of China will form the backdrop tomorrow for the Federal … Thanks for joining us today for coverage of business, economics and markets. Please do join my colleague, Julia Kollewe, … ( read…
