Financial Secretary Paul Chan today met financial officials of the Central Authorities in Beijing. In the morning, Mr Chan met Minister of Science & Technology Wang Zhigang, where he said the Hong Kon… ( read…
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FS meets financial officials in Beijing
UPDATE 1-China property developers face new normal: double-digit bond yields
HONG KONG, Nov 20 (Reuters) – Times China Holdings sold a three-year bond in January at a yield of 6.25 percent, now the Chinese property group is having to offer almost double that on a…
China identifies 17 key areas to make AI breakthroughs
China’s Ministry of Industry and Information Technology (MIIT) has identified 17 key areas as priority for artificial intelligence (AI) development through inviting private enterprises and research in… ( read original story …)
Regulated system of shadow banking in China can benefit private firms
Loose lending will create massive bad loans down the road, which runs contrary to Beijing’s fight to deleverage the financial system in the past few years. China central bank adviser joins market refo… ( read…
Top Crypto Exchange Huobi Pays Its Dues to Beijing by Setting up Communist Party Committee
The company behind major cryptocurrency exchange Huobi has created a Communist Party branch as part of its obligations to the Chinese state, the company’s U.S.-based subsidiary Huobi Info confirmed No… ( read original story …)
Beijing To Develop ‘Orwellian’ Plan Of China To Rate Citizens, By 2021
Beijing’s municipal government will assign citizens and firms “personal trustworthiness points” by 2021, state media reported on Tuesday, pioneering China’s controversial plan for a “social credit” sy… ( read original story …)
Beijing to assign ‘personal trustworthiness points’ for all citizens by 2021
Beijing will ascribe all of its residents and companies with “personal trustworthiness points” within three years, as part of China’s plan to use technology to monitor its population more closely. The … ( read original…
The 10 Best Places to Dine in Beijing
With China’s role on the global stage ever-expanding, much of the nation’s culture and cuisine continues to find appreciative audiences everywhere. And yet, what we’ve seen internationally barely touc… ( read original story …)
China should lean more on fiscal policy to spur growth: central bank researcher
BEIJING (Reuters) – China should rely more on fiscal policy to support the economy as downward pressure sharply increases, a senior central bank researcher said on Tuesday, as debate grows over whethe… ( read original…
China central bank adviser Liu Shijin joins chorus urging government to embrace pro-market reforms
China should adopt a market-based growth strategy and respond to international criticism by further opening up its economy, an adviser to the central bank said on Tuesday. Liu Shijin’s comments that C… ( read original…
British Business Awards in China – Winners Announced
BEIJING, Nov. 20, 2018 /PRNewswire/ — The 10th Anniversary British Business Awards in China were held in Beijing on the 15 November and the winners announced at a gala dinner by hosted Dame … (…
Cash-hungry China property developers facing new normal: double-digit bond yields
HONG KONG, Nov 20 (Reuters) – Chinese property developer Times China Holdings sold a three-year bond in January at a yield of 6.25 percent. Now it is having to offer a yield of 11 percent…
China’s Reforms Will Help Offset U.S. Trade Frictions: Central Bank Adviser
BEIJING (Reuters) – China’s high-level reforms and moves to open up its economy will help cope with trade frictions with the United States, a central bank adviser said on Tuesday, adding that … ( read…
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