China’s shadow banking sector, estimated by some analysts to be worth 122.8 trillion yuan ($18.5 trillion), stopped growing in the first half of the year as issuance of wealth management products declined, according to Moody’s…
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China’s Shadow Banking Halts as Regulation Bites, Moody’s Says
China shadow banking activity as percentage of GDP falls in H1: Moody’s
HONG KONG (Reuters) – China’s broad shadow banking activity stopped growing in the first half of 2017 and declined relative to gross domestic product for the first time in five years, Moody’s Investors Service said…
Brands that portray Chinese women as successful and powerful are gaining an edge
China’s young, affluent female consumers are increasingly choosing products and companies that advocate progressive feminist values over those that don’t, analysts say. Brands that get this right will gain an edge over their competitors. “This…
China’s central bank chief urges Beijing to promote equity, cut debt, eliminate ‘zombie’ companies
China’s central bank boss spelled out his strategy to prevent a future financial crisis, urging broadened equity funding and direct finance to reduce corporate leverage and eliminate “zombie” companies, official media reported on Saturday. Zhou…
China’s Central Bank Chief Warns of ‘Sudden, Contagious and Hazardous’ Financial Risks
China’s financial system is getting significantly more vulnerable due to high leverage, according to central bank governor Zhou Xiaochuan, who also flagged the need for deeper reforms in the world’s second-biggest economy. Latent risks are…
China’s condom startups challenging foreign brands
A number of new companies are attempting to seize a greater share of the country’s potentially huge market. When choosing condoms, most Chinese remain resolutely “old school” and go for trusted or well-known international brands.…
China Unicom (Hong Kong) (CHU) Receiving Somewhat Favorable News Coverage, Study Finds
News headlines about China Unicom (Hong Kong) (NYSE:CHU) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news…
China’s Central Bank Chief Renews Warnings About Financial Risk
China’s financial system is getting significantly more vulnerable due to high leverage, according to central bank governor Zhou Xiaochuan, who also flagged the need for deeper reforms in the world’s second-biggest economy. Latent risks are…
China calls for stronger co-op with US in next-generation nuclear technology
China wants joint cooperation with the US in developing next-generation nuclear power technology, Chinese premier Li Keqiang said, ahead of President Donald Trump’s visit to Beijing this week. Trump will be in China from Wednesday…
Beijing’s smog-choked skies to clear just in time for Donald Trump to sweep into town
Smog shrouding Beijing is expected to clear just in time for US President Donald Trump’s first state trip to China this week. The Chinese capital issued an orange pollution alert – the second highest in…
China’s central bank is developing its own digital currency, even as it bans bitcoin and private cryptos
China’s central bank is conducting research to issue the country’s own sovereign digital currency, a move in parallel with similar efforts ongoing in Russia, even as the government has doubled down on banning the use…
Beijing — Not Silicon Valley — Is The World’s Top Tech Hub, Report Says
Beijing has unseated Silicon Valley as the top technology hub in the world — at least according to one report. Expert Market, a business resource company, released its second annual Top Tech Cities in the…
China calls for stronger cooperation with U.S. in next-generation nuclear power technology
Chinese Premier Li Keqiang has called for closer China-U.S. cooperation in developing the next-generation nuclear power technology, as he met with Bill Gates, co-founder of Microsoft and chairman of TerraPower in Beijing on Friday. Speaking…