The National Audit of the People’s Republic of China, the country’s supreme audit institution, is pinning high hopes on blockchain technology as a way to improve government auditing functions, according to a statement posted April…
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China Pins Hopes On Blockchain Technology For Government Audits
MGM China Reports 2018 First Quarter Financial Data
HONG KONG, April 26, 2018 /PRNewswire/ — MGM China Holdings Limited (“MGM China” or the “Company”; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the “Group”)…
China, Russia and Saudi Arabia give EU trade reforms thumbs down at WTO
GENEVA (Reuters) – The European Union’s new rules against countries dumping cheap goods on its market got a rough ride at a World Trade Organization meeting, where China, Russia and Saudi Arabia led a chorus…
Disney plays up local ties in China amid trade standoff
SHANGHAI (Reuters) – Shanghai Disneyland should be viewed as a local company in China, Walt Disney (:DIS – News) said on Thursday, shrugging off concerns that U.S.-China trade tensions could affect visitor numbers or import…
Exclusive: Chip wars – China closing in on second $19 billion semiconductor fund: sources
HONG KONG/SHANGHAI (Reuters) – China’s state-backed semiconductor fund is near to closing a 120 billion yuan ($18.98 billion)investment round for a second fund to support the domestic chip sector and help cut reliance on imports…
China flexes muscles with ‘Guam killer’ missile; new drills near Taiwan
claimed by China as its sacred territory, has rattled nerves around the region and in Washington. Speaking at a regular monthly news conference, Defense Ministry spokesman Wu Qian said that the military had begun putting…
China Vanke profit hits $1b on property market boom
China Vanke (2202), the country’s second-biggest property developer by sales, yesterday reported a 22.1 percent rise in first-quarter core profit on solid revenue growth.China posted its fastest property investment growth in three years in the…
China urges US to avoid damaging business confidence
China appealed to Washington on Thursday to avoid damaging business confidence following a report that U.S. authorities are investigating whether Chinese tech giant Huawei violated sanctions on Iran amid spiraling technology tensions. The Wall Street…
Asia stocks supported by Wall St., but China drags
The benchmark Shanghai Composite Index fell 0.9 percent and the blue-chip CSI300 index dropped 1.4 percent as tech shares came under pressure following news that U.S. prosecutors have been investigating if China’s Huawei violated U.S.…
India, China to court each other at informal summit in bid to re-set ties
NEW DELHI/BEIJING (Reuters) – The leaders of India and China are set to make their boldest attempt yet at rapprochement in talks this week just months after a dispute over a stretch of their high-altitude…
Would Warren Buffett Be Interested in China Mobile Limited, One of the 30 Best Stocks in Singapore for 2018?
My Foolish colleague, Chong Ser Jing, recently ranked all the stocks in the Singapore market according to the Magic Formula, an investing strategy popularised by Joel Greenblatt in his book, The Little Book That Beats…
Two China biotechs drop U.S. IPO plans for $800 million Hong Kong floats: sources
HONG KONG (Reuters) – Two Chinese biotechs have axed plans to list in New York and instead aim to raise up to $800 million in Hong Kong IPOs, seeking to cash in on new rules…
Disney emphasizes China roots in Shanghai amid trade tension
SHANGHAI — Walt Disney Co. stressed its deep China connections as it opened an extension of Shanghai’s $5.5 billion Disney Resort on Thursday amid escalating tensions over trade and technology between Beijing and Washington. Disney…