At the same time, China is Taiwan’s top trading partner, with imports and exports totaling $118 billion last year and billions of dollars invested by Taiwanese in the mainland since the 1990s. Tainan city news…
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Taiwan premier’s resignation puts spotlight on China ties
PIERS MORGAN: China could get rid of Kim Jong-un with one simple act AND the minimum loss of life, so why won’t they bring the madman in their backyard to heel?
It was by far the most powerful yet, sparking a 6.3-magnitude earthquake and prompting tremors felt in China and Japan. This, according to experts, indicates the hydrogen bomb had a 100-kiloton yield. Like me, you…
China Herds ICO Cats
A steady flow of news out of China in the past week indicates the government may … Soon after, the state-endorsed National Internet Finance Association warned that ICOs pose a financial risk and have disrupted…
China’s Central Bank Declares Initial Coin Offerings Illegal
China PBOC says all ICOs must be stopped and refunds provided China’s central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge…
China regulators target ‘systemic risk’ from money-market funds
China will impose tighter regulation on “systemically important” money-market mutual funds, potentially forcing Ant Financial’s popular fund to de-risk its portfolio and reduce yields for investors. MMFs have exploded in popularity in recent years ……
China’s Reformist Central Banker Could Be a Tough Act to Follow
But any successor will face challenges working for Xi Jinping, China’s president, who appears determined to reassert control in a financial sector that Mr. Xi’s allies see as needing more government control, not less. “No…
China faces risk of financial tsunami
Credit default swap products sent many a financial firm to the edge of collapse in 2008, and almost 10 years after that financial tsunami no one can believe it that another potential CDS crisis is…
China’s top consumer credit firm fined US$1.37 million for malpractice, executives fined, blacklisted
Bank of Beijing Consumer Finance Company, which was established in 2010 with the hope of finding a business model for consumer credit in China, was fined nine million yuan (US$1.37 million) for “seriously violating prudent…
China virtual currency events moved or delayed as central bank bans digital coin fundraising
Two conferences on cryptocurrencies and related technologies in China’s capital Beijing have been abruptly moved or delayed while a third in a provincial city has been cancelled, on the same day as the central bank…
Warburg Pincus adds $183 mln to China’s Nova Property investment
HONG KONG, Sept 4 (Reuters) – Private equity firm Warburg Pincus LLC on Monday said it will invest $183 million in Nova Property Investment Co. Ltd as the Chinese real estate developer and asset manager…
China central bank says initial coin offerings are illegal
BEIJING (BLOOM BERG) – China’s central bank said that initial coin offerings are illegal and have asked all related fund-raising activity to be halted immediately, according to a notice from the regulator. The People’s Bank…
China says Trump’s trade threat over N. Korea ‘unacceptable’
BEIJING — China says President Donald Trump’s threat to cut off trade with countries that deal with North Korea is unacceptable and unfair. Trump said on Twitter on Sunday the United States is considering halting…
China just banned initial coin offerings, calling them illegal fundraising
BEIJING (Reuters) – China’s central bank on Monday banned individuals and organizations from raising funds through initial coin offerings (ICO), saying the practice constituted illegal fundraising. ICOs have become a bonanza for digital currency ……
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