Chinese banks have frozen the accounts of more than 100 commodities traders in northeast Myanmar in a bid to clamp down on smuggling and illegal gambling, state media reported Tuesday. Myanmar’s government has been negotiating…
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China freezes bank accounts of over 100 Myanmar traders
China’s regulator rejecting IPOs at fastest pace in four years
China’s securities regulator is rejecting initial public offering applications at the fastest pace in four years, suggesting it is getting tougher on the rules introduced to improve the quality of listed companies while speeding up…
Guangzhou Rural Bank makes subdued HK debut after $1 billion IPO
Banks, brokerages and other financial services firms typically account for the bulk of new listings in the city, but have only comprised 23 percent of IPOs so far in 2017, weighed down by concerns over…
Subterranean home for 400 found in Beijing basement
These are external links and will open in a new window The recent discovery of around 400 people living underneath an upscale Beijing apartment complex has shone fresh light on the Chinese capital’s housing crunch.…
China investments drives rise of ultra-performance electric cars
We test drive what’s on the way from China’s biggest car company * Petrol cars will be obsolete in 8 years, says US report * Chinese carmaker aims for electric, self-driving car by 2020 The…
Three Golden Rules of Brand-Building in China
Two conflicting factors motivate Chinese consumers: They want to project their status, but they also want to protect their economic and social interests. This conflict is clear in the rhythms of daily life in China.…
China business confidence index rises in Q2 – c.bank survey
BEIJING, June 20 (Reuters) – Business confidence among entrepreneurs in China improved in the second quarter of 2017 from the first quarter, according to a survey by the People’s Bank of China published on Tuesday.…
Protectionism hurts China’s financial sector, opening helps: PBOC’s Zhou
SHANGHAI Healthy financial institutions are a prerequisite for preventing a financial crisis, and further opening will help build a strong and competitive financial sector, China’s central bank governor Zhou Xiaochuan said on Tuesday. Speaking at…
Protectionism would compromise China’s financial sector, says PBOC governor
China’s financial services industry had benefited from opening up, and must continue to do so, said PBOC governor Healthy financial institutions are a prerequisite for preventing a financial crisis and further opening will strengthen the…
China hopes fourth time is the charm for MSCI inclusion
China’s benchmark Shanghai Composite Index has struggled this year amid a government campaign to cut risk in the financial sector and waning interest by the nation’s army of individual investors. The gauge has fallen more…
China propels rise of electric ultra-high-performance cars
The ventures mix U.S. and European technology with Chinese money and manufacturing, reflecting this country’s rise as a market and investor for an industry where Beijing wants a leading role. Communist leaders see electric vehicles…
China sets new record for quantum entanglement en route to build new communication network
While the spectre of a communication network enabled via quantum satellites is still a long way off, as China edges closer to the goal it has led to predictions of a new space race. Quantum…
S. Korea Finance Chief Hopeful of Easing Tensions With China
South Korea’s new finance chief said he hopes China and his country can put aside their political rift to forge closer economic ties, and bring about an early end to China’s action against Korean companies…