an upset that’s highlighting the less-wholesome workings of China’s financial system. Things could certainly turn sour for insurance giant Ping An, which the Financial Stability Board has designated as one of the world’s systemically important…
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Recent Posts
Spoiled-Milk Lending Flows to a Chinese Insurance Giant
China’s central bank chief sees end of monetary road in reforms
China’s leaders still banking on ‘irreplaceable’ central … associated with former premier Wen Jiabao’s all-out stimulus response to the global financial crisis. Some critics say the stimulus created a debt mountain equivalent to 261 per…
Why Apple Is Letting Oppo and Vivo Win in China
During 2016, both brands — subsidiaries of BBK Electronics — surpassed Apple’s (NASDAQ:AAPL) iPhone in terms of unit sales in China. Last week, Oppo and Vivo founder Duan Yongping talked about how Oppo and Vivo…
China stops individuals from buying Beijing commercial property
SHANGHAI China’s regulators have introduced rules to curb the purchase of new commercial property in Beijing by individuals in the latest step by authorities to cool the market. New commercial plots can now only be…
American Airlines in negotiations to buy stake in China Southern
proposed issue of shares of the company and other business cooperation,” the Guangzhou-based operator said in a stock exchange filing on Sunday. Shares of China Southern will resume trading in Hong Kong on Monday. They…
China prevents prof from returning home to Australia
“He has no way of leaving China right now,” Chen said. Officials have not said why they suspect Feng of “endangering national security,” Chen said, but it could be related to his research on human…
Carrie Lam, Beijing's pick, chosen as Hong Kong's leader
The candidate favoured by China’s Communist leadership was chosen as Hong Kong’s new leader on Sunday, in the first such vote since huge pro-democracy protests erupted over the semi-autonomous Chinese city’s election system in 2014.…
No surprise: Beijing's pick Lam chosen as Hong Kong's leader
A committee dominated by pro-Beijing elites selected Carrie Lam, Hong Kong’s former No. 2 official, as the financial hub’s chief executive even though she was far less popular than her main rival. Lam received 67…
China will open more to investors, but others must be fair – central bank chief
“we want China to get fair treatment overseas”. Among financial sectors targeted for further opening in China were banking, insurance, investment banking, securities firms, and payments, he told the Boao Forum for Asia. Zhou said…
Jing-Jin-Ji: China Planning Megalopolis the Size of New England
a humanities professor and environmental campaigner based in the Hebei captial of Shijiazhuang told NBC News. “It used to take almost one day to travel from Hebei to Beijing, but now it’s only a few…
China-friendly Carrie Lam chosen as Hong Kong leader
Hong Kong lawmakers, local councillors and delegates to China’s rubber-stamp parliament also have votes, and some 326 seats, mostly in the education, legal, health and social welfare sectors, are held by pro-democracy supporters. Associated Press…
Brazil meat scandal: China and others lift ban
China and Chile will keep their import bans for the 21 Brazilian … the conduct of individuals and not the quality of the meat,” Mr Maggi told Reuters news agency. In a statement, Brazil’s President…
China, others lift ban on meat imports in boost for Brazil
BRASILIA/BEIJING (Reuters) – China lifted a ban on imports of meat from Brazil on Saturday after Brazilian authorities clarified details of a police investigation into alleged bribery of health inspectors, in a victory for President…