China must do more to address a severe shortfall in pensions that could, by one estimation, amount to US$540 billion by next year, according to experts. “The government is not doing nearly enough,” … (…
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China faces US$540 billion pensions shortfall and must do more to educate population about retirement, say experts
China struggling to quit its debt addiction
Nonetheless, 2017 appeared to mark a decisive break from China’s addiction to debt. For years policymakers had paid lip service to warnings from global bodies like the International Monetary Fund and … ( read original…
Alibaba, Tencent and Suning partner with auto brands on ride hailing service
China’s tech and retail giants, Alibaba, Tencent and Suning have partnered with a host of automotive brands to launch a Chinese ride-hailing venture. The venture, which will focus on new energy … ( read original…
China’s ‘Davos’ loses its appeal for Australians
As political and business leaders gather on China’s Hainan Island this week for the annual Boao Forum for Asia, Australia’s presence is more low key than it had been for years. Australia was heavily ……
China refuses to concede on U.S. demands to ease curbs on tech firms, report says
Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on … ( read…
Bringing your Brand to Chinese Consumers
The spending power of the world’s largest middle-class population has made China the world’s largest market for a host of consumer goods, and many Australian brands have successfully leveraged this … ( read original story…
Aussie label has designs on China growth
Fortune favours the brave — and the very prepared. And for those trying to crack the lucrative China market, preparation is everything. Adelaide fashion brand C/meo Collective has just taken up … ( read original…
Scheer says Trudeau admires China’s ‘basic dictatorship’ in reference to 2013 remark
Scheer, in conversation with Global News’ Mercedes’ Stephenson, was seemingly referring to comments made by Prime Minister Justin Trudeau several years ago, suggesting that China’s … ( read original story …)
China Has a Lot of Financial Opening Up to Do, Says Central Bank
(Bloomberg) — The level of openness of China’s financial markets to the rest of the world isn’t high so there’s a lot of room for further opening, according to People’s Bank of China Governor Yi…
China central bank head says country to step up oversight of systemically important financial firms
BEIJING (Reuters) – China will increase oversight of systemically important financial institutions and holding companies as the country opens up its financial sector, Central Bank Governor Yi Gang … ( read original story …)
China Officials Tap Lower Tariffs, Debt Sales to Aid Growth
Meanwhile, the government will speed up bond sales and the use of the funding to boost domestic demand, Finance Minister Liu Kun said at the same event. The commitments foreshadow another round of … (…
China refuses to concede on U.S. demands to ease curbs on tech firms: FT
(Reuters) – Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people … ( read…
The US-China trade war is drawing a new battle line over megaproject funding. At least it will be good for infrastructure
The signs can be seen in Italy’s foray into China’s Belt and Road Initiative (BRI), and the naming of a Trump loyalist to head the World Bank. Donald Trump and Xi Jinping have a lot…