Simon Wong Kit-Lung, chairman and president of LH Group, said at the IPO press conference on May 14 that the company is planning to expand its business in mainland China and Southeast Asia and has…
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Chinese state-owned firms launch car-chip testing platform in Shenzhen amid Nexperia row
US is ‘going to have a good deal’ with China, Trump says ahead of Xi meeting
Trump says China will work with him to stop fentanyl trafficking
Trump speaks at summit in South Korea ahead of meeting with China’s Xi Jinping
After Demolishing the U.S.-China Relationship, Trump Is Rebuilding It His Way
Trump, Xi to Discuss Lowering China Tariffs for Fentanyl Crackdown
Trump signals he plans to speak to China’s Xi about Nvidia’s ‘super duper’ chips
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Asian hotpot operator becomes latest retail frenzy IPO
People’s Bank of China seen cutting its reserve ratio within weeks
The case for the People’s Bank of China to cut the amount of cash lenders are required to hold is getting stronger. Chinese banks racked up 2.93 trillion yuan ($US457 billion) in medium-term loans extended…
Fidelity on the hunt for under-performing Chinese banking stocks, while avoiding pharmas
While big state-owned lenders, including Industrial and Commercial Bank of China and China Construction Bank, have retreated at least 5 per cent this year amid liquidity tightening and corporate bond defaults, the risk reward is…
China invites all UN countries to use its future space station
China announced Monday that all member states of the United Nations (UN) will be welcome to cooperate with China to jointly utilize its future China Space Station. A ceremony took place in Vienna during which…
China Merchants Bank to expand focus on fintech
and the restructuring of human resources to hire more talents specialized in digital and information technologies,” said Chen at a news conference in Beijing. China Merchants Bank will expand its reach outside of just financial…
China’s Mighty Piggy Bank Is Shrinking
China’s much-criticized trade surpluses are declining in a shift that’ll see less of its excess savings recycled into global capital markets. For emerging markets already struggling to cope with rising U.S. interest rates, that prospect…
China hints at retaliation as U.S. says $50B in tariffs are back on
China’s government accused the Trump administration of hurting … “I wouldn’t say we are in favour of, specifically, export controls, investment restrictions,” Zarit said at a news conference. But he said American companies want equal…
China cuts import duties on some consumer goods
BEIJING — China is reducing import duties on washing machines, cosmetics and some other consumer goods amid U.S. pressure to narrow its multibillion-dollar trade surplus. The Cabinet announcement Wednesday was the third tariff cut in…
Why China is making brands nervous to acknowledge Taiwan
The world’s largest companies are starting to feel China breathing down their necks, as the economic superpower has started extracting apologies from major brands that do not refer to Taiwan as Chinese territory. The democratically…
How Will Ant Financial, China’s Fintech Giant, Be Impacted By New Regulations?
Ant Financial, which began as an online payment branch of Jack Ma’s internet marketplace behemoth Alibaba, is now an affiliate company that operates the largest online payments platform in the world. Ant Financial also has…
African finance leaders to debate using China’s yuan as a reserve currency
Central bankers and officials from 14 African nations will discuss the viability of using China’s yuan as a reserve currency for the region, Xinhua reported on Tuesday. Seventeen top central bankers and officials from the…
China vows to fight Washington on tariff hike
China’s main market index fell 2.5 per cent and Japan’s benchmark … “I wouldn’t say we are in favour of, specifically, export controls, investment restrictions,” Zarit said at a news conference. But he said American…
China vows to protect its interests from ‘reckless’ U.S. trade threats
“We urge the United States to keep its promise, and meet China halfway in the spirit of the joint statement,” Chinese Foreign Ministry spokeswoman Hua Chunying told a daily news briefing, adding that China would…
