BEIJING/HONG KONG The Export-Import Bank of China (EXIM) plans to issue up to another $4 billion in euro- and dollar-denominated bonds this year, on top of $4 billion issued so far, as Beijing's Belt and Road initiative drives demand for foreign currency ... ( read original story ...)
Chinese insurer detained amid financial probe
BEIJING - The Chinese insurer that owns New York City's Waldorf Astoria Hotel said Wednesday its chairman was unable to perform his duties following a report he was detained by regulators amid accusations of possible financial misconduct. Anbang Insurance ... ( read original story ...)
UPDATE 2-China May property investment eases, construction starts dip sharply
* May Property investment +7.2 pct y/y (vs +9.6 pct in April) * New construction starts +5.2 pct y/y (vs +10.1 pct in April) * Sales by floor area +10.2 pct y/y (vs +7.7 pct in April) * Govt curbs on more cities saw demand further spills over to smaller ... ( read original story ...
China May property investment eases, construction starts dip sharply
BEIJING Annual growth in China's real estate investment slowed in May, the first fall-off in three months, as government curbs cooled an overheated market and undermined investment, taking a toll on new developments. Worries over the potential bursting of ... ( read original story ...)
Huawei, China Mobile to verify 5G high band, low band coordination technology
NEW DELHI: China Mobile Research Institute, China Mobile Shanghai and Huawei have jointly established a 5G trial field to verify 5G High Band and Low Band Coordination Technology at Huawei’s Shanghai R&D Center. China Mobile Research Institute, the ... ( read original story ...)
UPDATE 1-China May property investment eases, construction starts dip sharply
BEIJING, June 14 Annual growth in China's real estate investment slowed in May, the first falloff in three months, as government curbs cooled an overheated market and undermined investment, taking a toll on new developments. New construction starts ... ( read original story ...)
China May property investment growth eases for first time in three months
BEIJING, June 14 China's property investment growth eased for the first time in three months in May, a Reuters calculation based on the National Bureau of Statistics (NBS) showed on Wednesday. It grew 7.2 percent from a year ago, compared to a rise of 9.6 ... ( read original story ...)
China’s shadow banking woes force regulators to change course on policy making
The sobering fact that China’s shadow banking system now contributes about one-third the country’s total credit to the real economy is a stark lesson in how well-intentioned policy can lead to a financial mess. Mainland financial authorities have been ... ( read original story ...)
Globe editorial: Why are the Liberals doing Beijing’s bidding?
The Liberal government of Justin Trudeau has an odd take on China: Where other governments are wary of Chinese companies trying to take over their domestic technology firms, ours is happy to facilitate a quick and easy sale. The latest example is Norsat, a ... ( read original story ...)
China upholds strict electric car sales quotas despite industry protests
The latest draft by China's Ministry of Industry and Information Technology, open for public comment until June 27, is largely unchanged from one issued in September, with no change to the timings. Dominik Declercq, China representative for the European ... ( read original story ...)