To put that in perspective, only two other financial centres globally have grown at a faster rate: Beijing and Shanghai. While our stature as a global financial centre has elevated, sustaining that … ( read…
Featured Posts Title
Skycamp’s Journey to Becoming a Global Leading Star Dome Glamping Manufacturer: An In-Depth Industry Analysis
Three men charged with illegally smuggling advanced AI chips into China
Tim Cook’s China visit reinforces country’s importance to Apple as global frictions rise
Beijing’s Big Problem: An Incredible Shrinking Economy
Super Micro co-founder engaged in backdoor scheme to divert Nvidia chips to China, US government says
Beijing-backed brain chip firm says it is 3 years behind Musk’s Neuralink
US student delegation wraps nine-day visit to Beijing, Hebei
Recent Posts
Fintech innovation – an imperative for the success of Canada’s financial sector
Beijing takes control of rating agency Dagong, following last year’s licence suspension in China
said it would ban Dagong from rating debt-financing instruments for non-financial firms. the firm had provided “false” statements and “fake” information to the regulator. The restructuring of Dagong … ( read original story …)
China reportedly monitors what civil servants do outside work as the country rolls out its ambitious social credit system
It quickly became the most downloaded app across Chinese social media platforms, the South China Morning Post reported in February. According to Bloomberg, some small business owners in the eastern … ( read original story…
China’s Huawei makes second attempt at Brazil smartphone market
SAO PAULO (Reuters) – China’s Huawei Technologies Co Ltd is making a second attempt at cracking the Brazilian smartphone market, the fourth-largest in the world, with the launch of two high-end … ( read original…
For Amazon, China’s E-Commerce Market Proved Too Much of a Jungle
The firms entered the Chinese market with great fanfare in the early 2000s only to wither in the face of competition from China’s faster-moving internet titans. Amazon has been in talks to merge its e…
China Minsheng Banking : NOMINATION OF EXTERNAL SUPERVISOR
A meeting of the board of supervisors (the “Board of Supervisors”) of China Minsheng Banking Corp., Ltd. (the “Company”) was convened on 18 April 2019, at which the Resolution on the Nomination of Mr. ……
China’s troubled Anbang to slash registered capital by a third
A state takeover work group, which has seized control of Anbang since February last year, has decided to trim the company’s registered capital to 41.5 billion yuan ($6.21 billion) from 61.9 billion … ( read…
China’s EximBank provides more than $149 bln for Belt and Road projects
BEIJING, April 18 (Reuters) – The Export-Import Bank of China (EximBank) has provided more than 1 trillion yuan ($149 billion) to more than 1,800 “Belt and Road” projects, it said on Thursday. The … (…
Investors are worried about European bank earnings — here is all you need to know
Several analysts have raised concerns over earnings this quarter due to external risks such as low economic growth, uncertainty over U.S.-China trade deal, Brexit and a U-turn on major central bank … ( read original…
Major banks raise China growth forecasts after surprise GDP numbers — some are still cautious
“Our new baseline scenario is that a framework trade deal between the U.S. and China will be reached in (the second quarter) and it will lift most, if not all, existing punitive tariffs,” economists ……
China Borrowing Cost Rises to Four-Year High on Cash Demand
The People’s Bank of China rolled over about half of the funds coming due through one of longer-term policy tools Wednesday, while offering 160 billion yuan ($23.9 billion) of seven-day money via open … (…
China’s Bitcoin Ban, Crypto Endowments, & Arbitrage bots
Considering the cryptocurrency trade’s rampant speculation, fraud, and energy consumption, China has good reason to end crypto mining. Unlike the internet where the Communist party was able to … ( read original story …)
China continues buying and stockpiling crude oil
China appears to have kept the flow of crude into strategic and commercial storage facilities at high levels in the first quarter, even as the price of oil climbed. While China doesn’t release … (…
