In November, China’s central bank drafted rules to tighten oversight of the country’s US$9 trillion asset-management industry to rein in shadow-banking lending, according to news reports. China’s ban on entrusted loans to set to end…
Featured Posts Title
‘Restrainers’ Urge Trump to Scale Back US Troops on China’s Doorstep
Nvidia’s Huang meets Trump before leaving for China trip, Bloomberg News reports
Logan Group wins bondholder approval for Shenzhen unit’s debt restructuring
Shenzhen’s relentless innovation enthralls Pakistani PhD student
Key Country Wooed by China, Russia Responds to New Trump Tariffs
Popular power bank recalls 490,000 products & suspends production after overheating risk revealed
Meet the British expat finding connection in Shenzhen through maths, family life and park runs
Recent Posts
China’s tech push likely to increase trade and security tensions with US and Europe, report reveals
Xi Jinping’s war on shadow banking spills over, rocking China’s wider financial world
Beijing’s tightening rein on shadow banking activities, under President Xi Jinping’s call to tame risks, is opening a can of worms in the country’s wider financial realm as deals are falling apart and debts remain…
Chinese financial institutions see net FDI inflows in 2017
BEIJING, Feb. 10 (Xinhua) — China’s financial institutions, including banks, insurers and securities firms, saw net investment inflows from overseas investors in 2017, data from the nation’s foreign exchange regulator showed. Foreign direct investment ……
Nanny Who Set Fatal Fire in China Is Sentenced to Death
pic.twitter.com/VE1XxJsP7f — China Plus News (@ChinaPlusNews) Feb. 9, 2018 The father of the children, Lin Shengbin, who was away on a business trip at the time of the fire, attended the sentencing on Friday. On…
China Finance Online Co Limited (NASDAQ:JRJC): Is Tech An Attractive Sector Play?
China Finance Online Co Limited (NASDAQ:JRJC), is a US$51.02M small-cap, which operates in the software industry based in China. In the past decade, mega-tech companies, have built highly successful and ubiquitous platforms and ecosystem in…
Cheniere taps China’s booming natural gas market, signing first-ever US long-term LNG contract
China is the fastest growing market for liquefied natural gas, a super-cooled form of the fuel that allows it to be shipped overseas in liquid form. Earlier this week, the U.S. Energy Information projected LNG…
How soaring U.S. oil exports to China are transforming the global oil game
U.S. oil shipments to China have surged, creating trade between the world’s two biggest powers that until 2016 just did not exist, and helping Washington in its effort to reduce the nation’s huge trade deficit…
Stock market CRASH: ‘Worst day in TWO YEARS’ for China causing PANIC during global rout
valuations on China-consumer related industries and execution risks on deleveraging (more specifically financial deleveraging). “The bet on blue-chips was getting too concentrated, so a big correction was just a matter of time.” Worries over the…
Chinese regulator approves zero IPO applications in past week
BEIJING, Feb. 10 (Xinhua) — China’s securities regulator did not approve a single Initial Public Offering (IPO) application in the past week amid tightening scrutiny. Up to 18 companies have got the green light from…
China Bank net profit up 15%
CHINA BANKING Corp. (China Bank) saw its net income grow in 2017 on the back of sustained growth in its core and fee-based businesses. In a disclosure to the local bourse on Friday, China Bank…
China Bank 2017 profit hit P7.4B, up 15%
Sy family-led China Banking Corp. grew its net profit last year by 15 percent to P7.4 billion on the back of sustained growth in core lending and fee-based businesses. This translated to a return on…
China tops global poll for faith in AI technology creating jobs and improving lives
People in China are the world’s most optimistic when it comes to the impact of artificial intelligence on the jobs market and improving their lives, a global survey has found. Some 65 per cent of…
Exclusive: Chinese banks eye bid for Germany’s DVB Bank – sources
LONDON/FRANKFURT (Reuters) – Bank of China (BOC) and Industrial and Commercial Bank of China (ICBC) are among suitors looking at a potential purchase of German transport finance lender DVB Bank, three sources familiar with the…