China’s central bank outlined sweeping new regulations aimed at curbing financial risk in the asset management industry on Friday, in the latest signal of its determination to rein in the country’s runaway shadow banking sector.…
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China spares major cognac makers from EU brandy dumping duties
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China tightens rules on asset management to rein in risky lending
UBS: China’s $38 Trillion Off-Balance Sheet Binge Poses Little Risk
Growth in assets kept on the balance sheet has outstripped off-the-book expansion, Bedford wrote after studying 282 bank filings from 2016 and the first half of 2017. Bedford’s conclusions add to a growing assessment that…
China reins in asset managers
BEIJING: China’s central bank has issued sweeping guidelines to tighten rules governing asset management businesses, the latest step by Beijing to fend off systemic risks in the huge “shadow banking” sector. The new guidelines unify…
Beijing and nearby areas report more ‘good air’ days
Beijing and surrounding areas reported good air quality on more days in October thanks to strengthened efforts to reduce emissions. In 13 cities in the Beijing-Tianjin-Hebei region, “good air” days accounted for 69.2 percent on…
Gigi Hadid pulls out of Victoria’s Secret China show
Hadid said in a post on her Twitter account: “I’m so bummed I won’t be able to make it to China this year. Love my VS family, and will be with all my girls in…
Is China Overtaking Japan In Science And Technology?
Is China overtaking Japan in science and technology? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by Misha Yurchenko, author…
Nokia, China Unicom Ink Deal to Deploy Small Cells in China
Nokia Corporation NOK signed an agreement with China Unicom CHU to offer Nokia Flexi Zone small cells and an AirScale low power radio head in 31 Chinese provinces. This will provide flexibility to China Unicom’s…
Nokia, China Unicom to enhance mobile broadband performance
NEW DELHI: Nokia and China Unicom are to offer Nokia Flexi Zone small cells and an AirScale low power radio head for deployment in 31 provinces in China. This will give China Unicom’s subsidiaries new…
Beijing could take action if Hong Kong fails to enact national security law, mainland adviser warns
A Beijing adviser on Hong Kong affairs warned on Friday that the central government could “take action” to safeguard national security if Hong Kong failed to enact the relevant local legislation. Lau Siu-kai, vice-chairman of…
China’s $38 Trillion Off-Balance Sheet Binge Poses Little Risk: UBS
Growth in assets kept on the balance sheet has outstripped off-the-book expansion, Bedford wrote after studying 282 bank filings from 2016 and the first half of 2017. Bedford’s conclusions add to a growing assessment that…
China faces waste hangover after Singles’ Day buying binge
SHANGHAI (Reuters) – China’s Singles’ Day online discount sales bonanza on Saturday saw bargain-hungry buyers spend over $38 billion, flooding the postal and courier businesses with around 331 million packages – and leaving an estimated…
China, Russia to hold simulated anti-missile drill
BEIJING (Reuters) – The Chinese and Russian militaries will next month hold anti-missile drills in Beijing, China’s Defence Ministry said on Friday, amid concern in both countries about the deployment of a U.S. anti-missile system…
Allianz to boost China property investment, launches mall fund
SHANGHAI, Nov 17 (Reuters) – Allianz plans to boost real estate investment in China, announcing on Friday the launch of a $750 million fund that targets malls in major cities such as Shanghai and Beijing.…
