The risky but potentially lucrative business of trading in bonds on the verge of default is in its infancy in China, almost as new as the phenomenon of corporate defaults in the state-run economy. (…
Featured Posts Title
China is ripping up the rulebook for the global auto industry
Turkmen leader Berdymukhamedov basks in Beijing’s embrace
U.S. executives, from Apple to Eli Lilly, revamp their push into the world’s second-largest economy at the China Development Forum
China’s open-source dominance threatens US AI lead, US advisory body warns
China urges US, Israel to stop military action in Middle East, warns of ‘vicious cycle’
China limits fuel price hike to cushion impact of rising oil prices
Shenzhen APEC could be breakthrough for North Korea-US talks
Recent Posts
China’s fledgling junk bond market spawns new breed of vulture funds
China’s central bank to take steps for multi-level capital market
BEIJING: China’s central bank will take further steps to encourage equity financing and facilitate capital market reforms to diversify financing services in the banking sector, a senior official … ( read original story …)
China’s JD.com teams up with Farfetch to attract luxury shoppers
Foreign brands have struggled to crack China’s fast-moving online world alone, which has pushed them to try out partnerships with local players. Chinese e-commerce firms, meanwhile, lack the … ( read original story …)
China Mobile appoints Qumin to promote new image and CMLink sim card in the UK
China Mobile, China’s largest telecom corporation, has appointed Chinese creative agency Qumin to promote its CMLink sim card to overseas Chinese consumers in the UK. In China, the state owned brand r… ( read original…
China Bank profit climbs in 2018
CHINA BANKING Corp. booked higher net income in 2018 propelled by the sustained growth of its core businesses. In a regulatory filing Thursday, the Sy-led lender said it booked an P8.1-billion net pro… ( read…
Stocks Decline on China PMI, Trump-Kim Summit News: Markets Wrap
(Bloomberg) — Asian stocks extended declines along with U.S. futures as investors fretted over the meaning of a sudden change in the schedule for the U.S.-North Korea summit, where leaders had previo… ( read original…
China’s ruling elite tell Xi they have ‘strengthened education’ of families
BEIJING (Reuters) – Members of the ruling elite of China’s governing Communist Party … the official Xinhua news agency said, offering a broad outline of the contents of their work reports. ( read original story…
China is facing employment challenges as its economy slows, official says
China’s economic slowdown is creating some difficulties for … As the country grapples with slowing growth, ensuring that people have jobs also has a financial imperative. “(Beijing’s) social policy … ( read original story …)
Starbucks’ China rival Luckin Coffee taps three banks for U.S. IPO: sources
HONG KONG (Reuters) – Chinese startup Luckin Coffee, which has ambitions to overtake Starbucks at home this year, has tapped three banks including Credit Suisse to work on a U.S. IPO in 2019, said peo……
HK regulator suspends former China brokerage exec for IPO sponsor guidelines breach
HONG KONG, Feb 27 (Reuters) – Hong Kong’s financial watchdog has suspended the licence of a former senior banker at China Merchants Securities (CMS) for breaching its code of conduct about initial … ( read…
Worries that China trade talks are stalling weigh on stocks
Comments from a key U.S. trade negotiator stoked doubts overnight over how much progress was being made on resolving the trade war between the U.S. and China. There was more discouraging economic news … (…
China Unicom & Huawei: 5G Injects Vigor into the New Media Industry
At MWC 2019, China Unicom and Huawei held a joint communication conference on new media innovation outcomes where the latest achievements and development trends of 5G new media were discussed. Through… ( read original story…
Qatar, China, Japan sought ‘extras’ after Barclays 2008 fundraising: court
Cross-examined by William Boyce, a lawyer for Boath, Leighton agreed that Japan’s Sumitomo and China Development Bank sought Memoranda of Understanding to deepen relationships with Barclays … ( read original story …)
