BEIJING/SHANGHAI (Reuters) – China’s banking and insurance regulator will soon publish detailed rules on banks’ wealth management products (WMPs) as part of Beijing’s effort to curb risks in the financial sector, three sources familiar with…
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China to tighten rules on banks’ wealth management business – sources
China’s Tencent signs broad cultural deal with Britain
Its billion user-strong WeChat messaging app sits at the heart of China’s booming internet economy, yet the company remains largely unknown to Westerners outside of technology or financial circles. Tencent said the initial focus of…
“Qingdao, a City of Brands” Global Market Promotion
An Opportunity for Global Investors in the “Made in China” Program QINGDAO, China, May 8, 2018 /PRNewswire/ — Qingdao, known as a “City of Brands”, is the 7th busiest port in the world in terms…
China’s Leshi questioned by bourse over trading suspension risk
HONG KONG (Reuters) – Leshi Internet Information & Technology Corp Beijing, the debt-laden Chinese tech firm founded by Jia Yueting, has been formally asked whether trading in its shares was at risk of suspension, showed…
Paulson Institute to support growth of green finance market
The Paulson Institute’s green finance center will support China’s development of a robust green finance market with market-based solutions. The center, led by Deborah Lehr, vice-chairman of the Chicago-based think tank and research institution, marks…
Big four banks raise first-home mortgage rates in Beijing
(ECNS) — The Beijing branches of China’s big four banks have raised the mortgage rates for first-time home buyers in the capital city. All four lenders—Industrial and Commercial Bank of China, China Construction Bank, Agricultural…
China technology stocks resurge despite trade war overhang
The resurgence in high-flying technology stocks is far from just a US phenomenon. In fact, the Guggenheim China Tech exchange-traded fund, ticker CQQQ, has outpaced the Nasdaq 100 Index’s rally since the release of Facebook’s…
China’s Tech Comeback Outpaces the U.S.
The resurgence in high-flying technology stocks is far from just a U.S. phenomenon. In fact, the Guggenheim China Tech exchange-traded fund, ticker CQQQ, has outpaced the Nasdaq 100 Index’s rally since the release of Facebook’s…
Decoding China’s Aerospace Technology Transfer Strategy
At Aviation Week, aerospace analyst Richard Aboulafia makes the case against China’s technology transfer strategy in the aerospace sector. Aboulafia suggests, as Fatih Oktay has argued here at the Diplomat, that China’s technology transfer policies…
China Merchants Bank accused of US discrimination
A former senior banker at China Merchants Bank is suing her ex-employer and three of its top executives, claiming she was fired from the New York office after complaining about discriminatory lending practices. Xin Wang,…
China cutting US soybean purchases in face of tariffs threat
At the same time, farmers in China are being encouraged to plant more soy, apparently to help make up for any shortfall from the United States. Beijing has included soybeans on a list of $50…
China Merchants Bank Is Accused of Racial Discrimination in Suit
China Merchants Bank Co. was accused of discriminating against African-Americans in a lawsuit filed on behalf of a former executive who claims she was fired for blowing the whistle on its conduct. The Shenzhen, China-based…
China’s Cooling Smartphone Market Creates Zero-Sum Web Game
Hi folks, it’s Shelly Banjo. Raise your hand if dollar signs pop into your mind when thinking about China’s 1.4 billion consumers. That was certainly true for mobile-phone makers in the 1990s and until 2012,…
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