* Shanghai Pharma makes two non-binding bids for Cardinal China * Cardinal China had revenue of more than $3.5 bln last year (Adds Lazard declined comment) By Julie Zhu HONG KONG, Oct 18 (Reuters) -…
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China’s deflationary slide is worsening as companies spiral into price wars
US Moves To Loosen China’s Grip on Rare Earth Minerals
‘There just aren’t enough quality jobs’: Why China’s graduate wave can’t fix its labour shortage
Local government investigation into kindergarten lead poisoning in China reveals deep distrust in authorities
US Allies in Europe Project Aircraft Carrier Power Near China
China’s GDP growth set to slow, raising pressure on policymakers
Exclusive: Pandora exploring ways to restructure struggling China business, sources say
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UPDATE 1-Shanghai Pharma bids for U.S. Cardinal Health’s China business
Shanghai Pharma says bid for U.S. Cardinal Health’s China business
HONG KONG, Oct 18 (Reuters) – Shanghai Pharmaceuticals Holding Co said it has bid for Cardinal Health Inc’s China business, as the U.S. drug distributor looks to exit over worries China’s upcoming drug distribution reform…
China to give foreigners greater access to banking sector – regulator chief
BEIJING (Reuters) – China’s top banking regulator said on Thursday that the country will further open up its banking sector to foreign investors and crack down on business irregularities to prevent financial risks. “We will…
China signals tougher line on finance sector
People’s Bank of China Governor Zhou Xiaochuan, who is due to retire soon, told a meeting of top finance officials at the National Party Congress on Thursday that corporate debt levels were too high. He…
China central bank warns against ‘Minsky Moment’ due to excessive optimism
BEIJING (Reuters) – China will fend off risks from excessive optimism that could lead to a “Minsky Moment”, central bank governor Zhou Xiaochuan said on Thursday, adding that corporate debt levels are relatively high and…
China’s ’emergency exit’ from debt: devaluing the currency, says Credit Suisse
The world’s second largest economy has already entered a state of deleveraging and the era of investment and of housing-led growth is over, said the head of Credit Suisse’s private banking business in China, Dong…
UPDATE 1-China c.bank warns against “Minsky Moment” due to excessive optimism
* Says yuan trade band not a key issue at moment * Zhou is expected to step down early next year (Adds details, comments) BEIJING, Oct 19 (Reuters) – China will fend off risks from…
China will crack down on irregularities in banking sector – regulator chief
BEIJING (Reuters) – China will crack down on irregularities in the banking sector and resolutely curb any rise in hidden debt, Guo Shuqing, head of the country’s banking regulator, said on Thursday. China also will…
China’s central bank just warned of a sudden collapse in asset prices
China will fend off risks from excessive optimism that could lead to a “Minsky Moment,” central bank governor Zhou Xiaochuan said on Thursday, adding that corporate debt levels are relatively high and household debt is…
China has ‘halted intervention in yuan exchange rate market’
a deputy governor at the People’s Bank of China said on Wednesday. Pan Gongsheng, who is also the head of the State Administration of Foreign Exchange, told journalists on the sidelines of the opening ceremony…
China biotech’s ‘coming out party’ masks long road ahead
LONDON/SHANGHAI (Reuters) – Investors are betting on China’s potential to feed the global pharmaceutical pipeline, putting a multi-billion-dollar price tag on a handful of stocks, even as the country struggles to close a huge R&D…
China offers conflicting goals as Xi Jinping looks to extend rule
BEIJING – China’s ruling Communist Party is expanding its role in business even as it promises freer markets and support for entrepreneurs on the eve of President Xi Jinping’s second five-year term as leader. Party…
Asian stocks mixed as data shows China growth slowed
SEOUL, Korea, Republic Of – Asian markets were mixed on Thursday after Wall Street closed at record highs. Data showed that China’s quarterly growth slowed slightly but was in line with expectations. KEEPING SCORE: Japan’s…
