In an unusual move, President Xi Jinping on Wednesday summoned the country’s finance industry watchdogs and ordered them to take stock of financial risks and uphold regulatory vigilance, reflecting his deep concern about dangers facing…
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Xi Jinping summons China’s financial watchdogs in rare move, warning them to watch out for risks
China expects more secure, supportive financial system
China is putting more emphasis on financial security in the name of ensuring that the financial sector serves the real economy. Financial security is an important part of national security and a key foundation for…
Japan, China to resume bilateral dialogue on finance in May
Japan and China are planning to discuss financial issues on May 7 in Yokohama in the first session of the bilateral dialogue in nearly two years, sources said Wednesday, reflecting a recent thaw in relations.…
China Rapid Finance decreases proposed IPO deal size
China Rapid Finance, which operates an online marketplace in China for small peer-to-peer loans, lowered the proposed deal size for its upcoming IPO on Thursday. The Shanghai, China-based company now plans to raise $65 million…
Japan, China to hold bilateral finance dialogue in May: Aso
TOKYO Japan and China will hold a bilateral finance dialogue on May 6 on the sidelines of the annual gathering of the Asian Development Bank in Yokohama, south of Tokyo, Japanese Finance Minister Taro Aso…
BRIEF-China Rapid Finance sees IPO of 10 mln ADS priced between $6.-$7/ADS
* China rapid finance limited sees ipo of 10 million ads priced between $6.00 and $7.00 per ads – sec filing * China rapid finance limited had previously expected its ipo of 10 million ads…
China vows military drills as U.S. rolls out THAAD system in South Korea
Tensions are rising on the Korean peninsula where the U.S. missile system THAAD is being installed in South Korea. In response, China says it will conduct live-fire drills and test new weapons. Adriana Diaz reports.…
China to finance Karachi-Peshawar Railway Line
ISLAMABAD: Pakistan has refused part financing from the Asian Development Bank (ADB) for the $8 billion Karachi-Peshawar Railway Line (ML-1) after China said it wanted to fund the project single-handedly. “China strongly argued that two-sourced…
China Mobile 4G customers reached 535M in 2016
China Mobile’s operating revenue reached 708.4 billion yuan in 2016, representing an increase of 6.0% from the previous year according to its official financial results. The growth rate of revenue from China Mobile’s telecommunications services…
China warned North Korea of sanctions after any nuclear test: Tillerson
in possibly China’s toughest threat yet against its defiant neighbor.Tillerson, speaking on Fox News, said China has asked North Korea not to conduct any more nuclear tests. He noted that major commemorations in North had…
China envoy reaffirms importance of Canada-China free-trade talks
China’s envoy to Ottawa says bilateral negotiations between Canada and the Asian power are taking on a new importance amid tough talk from the United States on North American free trade. Speaking before an audience…
Study comparing subway air quality to Beijing caused 'unnecessary alarm,' TTC charges
The Toronto Transit Commission is firing back after a report on the air quality in Canada’s three major transit systems, released this week, compared the pollution in Toronto’s subway system to “a typical day in…
China Mobile to lower roaming charges in countries and regions along the Silk Road
A map illustrating China’s silk road economic belt and the 21st century maritime silk road, or the so-called “One Belt, One Road” megaproject, is displayed at the Asian Financial Forum in Hong Kong, Image: Reuters/Bobby…
