Ghosts of financial crises past rarely revisit in exactly the same way. Still, stresses looming in China’s behemoth banking system eerily resemble the ones its U.S. counterpart suffered just ahead of its meltdown a decade…
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80 global executives to gather in Beijing for key annual summit
AI Dependence and Political Blind Spots Undermine Beijing’s War Strategy
China, Hong Kong threaten to thwart sale of Panama Canal ports to America’s BlackRock
UMMC officials reflect on five years after COVID-19 pandemic
US Military Praises Missile Deployment Against China
China’s State Media Celebrates VOA Collapse—’Dirty Rag’
Moscow and Beijing rejoice at looming death of Radio Free Europe, VOA
Recent Posts
China’s Tectonic Shift in Bank Funding
China's big banks say bad-loan fears eased in 2016
Bad-loan concerns at China’s big banks eased in 2016 despite flat earnings growth, the companies said this week, but analysts warn asset-quality problems in the world’s second-largest economy could worsen next year. Bank of China,…
Shanghai Composite Index Slips as Central Bank Clamps Down on Liquidity
The company delisted from the NYSE last year as shareholders took the company private. Agricultural Bank of China – among Mainland China’s biggest lenders, saw a 1.8 percent profit increase year over year for 2016,…
China downplays tensions with U.S. as Xi prepares to meet Trump
“China does not deliberately seek a trade surplus. We also have no intention of carrying out competitive currency devaluation to stimulate exports. This is not our policy,” Zheng said. State news agency Xinhua also struck…
Can China's ivory trade ban save elephants?
At the height of the market some of them could sell for many thousands of dollars. Now, to the delight of conservationists everywhere, China is calling a halt to this lucrative end of a brutal…
China Mobile Hong Kong Unveils “Supreme” Service Plan Series
HONG KONG, March 31, 2017 /PRNewswire/ — China Mobile Hong Kong (CMHK) today proudly announced the launch of the “Supreme” Service Plan Series, encompassing the “Supreme Global”, “Supreme Asia” and “Supreme Greater China” Service Plan…
China says not devaluing yuan, urges U.S. cooperation as Xi prepares to meet Trump
BEIJING (Reuters) – China called on the United States to play its part in resolving trade frictions between the two countries, and said Beijing isn’t devaluing its currency to boost exports as tensions simmered ahead…
China Everbright eyes $1.5 billion financial deal in overseas push
HONG KONG The financial services arm of state-owned China Everbright Group plans to allocate $1.5 billion of its 2017 spending to the purchase of a fund manager, private bank or insurer overseas to help it…
U.S. trade barriers report slams China on overcapacity, tech transfer
WASHINGTON The Trump administration on Friday slammed China on a range of trade issues from its chronic industrial overcapacity to forced technology transfers and long-standing bans on U.S. beef and electronic payment services. The annual…
China March factory activity grows fastest in nearly five years
“The rally in China’s producer prices is reaching the limit…As prices start to ease, buyers will likely halt new orders and hence overall business momentum will slow,” analysts at ANZ said in a note. Indeed,…
Dairy business strengthening ties with China
Blue River Dairy is expanding business and has developed two new products off the back of a visit from a powerful Chinese leader. General manager Robert Boekhout said at the beginning of this year two…
China's Xi to meet Trump, who predicts 'difficult' meeting
U.S. President Donald Trump will meet with his Chinese counterpart Xi Jinping for the first time on April 6-7 at Trump’s Florida resort, China’s Foreign Ministry announced Thursday, amid a range of pressing issues including…
China factory index hits 5-year high as economy gains steam
China’s factory activity ticked up again last month to its highest level in five years, according to an official survey released Friday, in a fresh sign that the world’s No. 2 economy is picking up…
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