As Beijing strengthens its crackdown on capital outflows since the start of the year, deep-pocketed Chinese property developers have turned their shopping targets back to the ones on home turf, a trend that analysts say…
Featured Posts Title
3 Filipinos nabbed for suspected espionage in Beijing —Chinese state media
Trump tariffs a ‘major blow to world economy’ says EU, as China vows retaliation
Trump’s tariffs on China, EU and more, at a glance
China, EU prepare ‘countermeasures’ as Trump tariffs unite friends and foes
Trump Eliminates Popular Trade Exemption for China Used by Shein, Temu
Tencent-backed China Ruyi aims to raise up to $500 million in convertible bonds, sources say
Leading Scholars Gather at PKU Shenzhen Forum to Discuss AI and Economic Development
Recent Posts
China’s property investors target domestic M&As amid capital curbs
Steady China factory inflation a boon for industrial profits, economic growth
BEIJING (Reuters) – China’s factory price inflation held steady in July in a positive sign for industrial output and profits for the third quarter, even though a government-led deleveraging drive is expected to cool earnings…
Strong quake strikes southwest China, killing at least 7
The information office of the Sichuan province government released an updated number of casualties early Wednesday, but it didn’t have more details on the victims of the Tuesday evening quake, China’s official Xinhua News Agency…
Analysts Set China Unicom (Hong Kong) Ltd (NYSE:CHU) PT at $14.25
The firm has a 50-day moving average price of $53.16 and a 200-day moving average price of $54.79. ILLEGAL ACTIVITY NOTICE: This news story was first posted by BNB Daily and is the sole property…
Roaming charges will be history by September
It is expected to benefit 80 million users. The People’s Daily reported that China Unicom and China Mobile had also announced they would cancel domestic roaming fees from September. China Telecom chairman Yang Jie said…
The firm behind one of the top China analysts in the world is warning of a ticking time bomb
China has shown signs that it is aware of the risks that shadow banking presents. In a recent interview with Bloomberg, Chu stated that Beijing has shown a “surprisingly high appetite for pain” as it…
Visa applies for direct access to China’s bank-card clearing market as it moves to challenge UnionPay dominance
Visa expects the central bank to consider its application in line with the publicly … will for sure means fiercer competition,” said Wang Pengbo, an analyst with Beijing-based consultancy Analysys. “Yet, it still an uncertainty…
China’s rules on overseas bank card transactions to have limited effect on users
BEIJING – China’s new rules on overseas bank card transactions will have a limited effect on card holders as they aim only to gather information to curb money laundering, not spending, an official said Tuesday.…
China Is Taking On the `Original Sin’ of Its Mountain of Debt
In July, the bank watchdog is said to have told some lenders to cut the … investments — funds that Chinese lenders farm out to external asset managers — and Beijing recently extended the deadline…
Finance news you need to know today
BEIJING — China will pay the biggest price from the new UN … KUALA LUMPUR — Malaysia’s government has launched an inquiry into massive foreign exchange losses by the central bank more than two decades…
Interview: Yassin Fawaz
These include the notorious Bank of Dandong, considered a primary tool of the regime … Washington needs to maintain strong pressure on China, to constantly urge a more assertive role by Beijing to force North…
McDonald’s to double number of China restaurants
The company with the instantly recognisable golden arches logo has seen its revenues plateau in China, where competitive local brands and mobile delivery apps have siphoned consumers away from restaurants. After expanding quickly in Asia,…
China says it’s OK with ‘paying the price’ for North Korea sanctions
China will pay the biggest price from the new UN sanctions against … it will face even stronger pressure and sanctions,” Defence Ministry spokesman Moon Sang-gyun told a regular news briefing. “We warn North Korea…