China’s banking and insurance watchdog said on Tuesday that it will soon release new rules to boost financing to the private sector including small companies, and urged banks to keep lending to busine… ( read…
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China boosting loans to small firms as economy slows
China’s financial markets are bouncing around like a cat on a hot tin roof
Chinese financial markets are having another wild session on Tuesday. Both stocks and the Chinese yuan are off their earlier lows. The recovery was unusually abrupt. China’s “National Team” may be con… ( read original…
China’s finance ministry calls out Xiaomi over accounting errors
BEIJING (Reuters) – Chinese authorities on Tuesday said smartphone maker Xioami Corp made errors in its accounting, sending the company’s Hong Kong-listed shares down amid a wider sell-off of … ( read original story …)
China reverses ban on trade in tiger, rhino products
BEIJING — China says it will allow trading in products made from endangered tigers and rhinos under “special circumstances,” reversing a previous ban and bringing condemnation from conservation group… ( read original story …)
Wingtech Technology: all you need to know about Chinese firm behind audacious US$3.6 billion takeover of chip maker Nexperia
Electronics manufacturer Wingtech Technology Co has seen its fortunes prosper since it was founded in 2006 amid China’s development as the world’s biggest smartphone market. While it has become a majo… ( read original story…
Beijing will play the long game on the renminbi
A suite of reforms has encouraged investment in the domestic financial sector, especially fund management. Success in attracting actively managed capital has so far been patchy but Beijing has made si… ( read original story…
China’s King of Internet Fluff Wants to Conquer the World
Bytedance says that more than half a billion people worldwide use its video apps Douyin (in China) or TikTok (the rest of the world) at least once a month. BEIJING — A Chinese internet company…
Early indicators show China’s economic slowdown worsened again in October
China’s economic growth continued to slow in October … including steps to boost liquidity in the financial system, new tax deductions for households and targeted measures aimed at helping exporters. … ( read original story…
China’s tech means nation is now more powerful than US, warns former secret intelligence chief
The US is losing its dominance in the world stakes to a “more assertive” China thanks to the latter’s booming technology industry, Britain’s former secret intelligence service chief has warned. Sir Jo… ( read original…
Beijing planing to set up new banking system for financial, banking coop. with Tehran
Establishment of this alternative banking system is underway, so that banking experts of the two countries have thus far held several meetings in this regard. Given the above issue, China’s Bank of Ku… ( read…
Implications Of Postponed Tencent Music IPO
This is the second biggest such service in China behind the iQiqi (NASDAQ:IQ) product. iQiQi itself had an IPO in March this year. Live streaming online entertainment is very popular in China. ( read original…
China Regulator to Propose 50% Cut to Car Purchase Tax
China’s National Development and Reform Commission, also the top regulator, has submitted a plan but no decision has been, they said. “This is definitely good news and a message the market has been wa… (…
China tells speculators not to hope for relaxed curbs on property purchases
BEIJING (Reuters) – China warned property speculators against holding false hopes for a price rally, in a report on Monday by state news agency Xinhua that said authorities would not loosen curbs on b… (…
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