BEIJING China’s central bank will continue to conduct spot investigations on bitcoin exchanges, its Beijing head office said on Wednesday, in a statement on its website. The People’s Bank of China (PBOC) this month launched…
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China central bank to keep up spot checks on bitcoin exchanges
Deutsche Bank: China’s Property Bubble Has Been Popped
China’s Property Bubble may have fizzled for good for the time being if data from Tier-3 cities confirms that the tightening measures introduced to cool the market in Tier-1and Tier-2 cities spark a countrywide property…
China c.bank lends $35.83 bln via MLF, rates raised
BEIJING Jan 24 China’s central bank said it lent 245.5 billion yuan ($35.83 billion) to 22 financial institutions via its medium-term lending facility (MLF) and raised interest rates for the loans on Tuesday. Interest rates…
Nestlé tightlipped on frozen snack partnership with Hostess Brands
The number one brand is Unilever, which owns 19.5% of the market. Nestlé has been making moves in the ice cream category over the years, in order to “dominate the market,” China Candy said. In…
China's central bank lifts two of its lending rates to rein in debt
SHANGHAI China’s central bank raised interest rates on a key funding tool, the medium-term lending facility (MLF), on Tuesday in its latest bid to cut debt levels and bolster financial stability. Policymakers are trying to…
A key figure just presented China with a nasty choice for its economy
China has just been presented with a harrowing choice for its economy, according to Reuters. The choice is both complex and simple: Either keep money from flowing out of the country, or join the ranks…
China responds to the US: We will protect our 'irrefutable' sovereignty in the South China Sea
BEIJING/WASHINGTON — China said on Tuesday it had “irrefutable” sovereignty over disputed islands in the South China Sea after the White House vowed to defend “international territories” in the strategic waterway. White House spokesman Sean…
Three China IPOs suspended from trade after surging by maximum-permitted 44 pc in debut action
Three initial public offerings on mainland stock markets surged by their daily limit 44 per cent in debut trade on Monday, as retail investors continued to chase newly listed stocks despite warnings from authorities over…
China says will protect South China Sea sovereignty
Chinese Foreign Ministry spokeswoman Hua Chunying told a regular news briefing on Tuesday “the United States is not a party to the South China Sea dispute”. China claims most of the South China Sea, while…
Communist Party members told to stay off the links as China shuts down 111 golf courses
China has launched a renewed crackdown on golf, closing 111 courses in an effort to conserve water and land, and telling members of the ruling Communist Party to stay off the links. The state-run Xinhua…
White House warns China on trade, South China Sea
Washington: The White House warned China on Monday that the United States will defend “international interests” in the South China Sea and that trade must be a “two-way street.” At his first formal daily briefing,…
China will protect South Sea sovereignty
Chinese Foreign Ministry spokeswoman Hua Chunying told a news briefing on Tuesday “the United States is not a party to the South China Sea dispute”. China claims most of the South China Sea, while Taiwan,…
TRUMP IN ITS SIGHTS? Moscow accuses China of deploying missiles ready to hit the US
Trump scolded by China over islands as tensions at breaking point Mr Sivkov told Russian Government owned TASS news agency: “This is an inter-continental class missile with an effective range of ten thousand to twelve…
