SHANGHAI (Reuters) – China aims to create 10 “mega” coal producers by the end of the decade as part of its drive to consolidate the industry and tackle overcapacity, the official China Daily reported on…
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China to create 10 'mega' coal companies through M&As – report
China Warns of ‘Storm Clouds Gathering’ in U.S.-North Korea Standoff
“The United States and South Korea and North Korea are engaging in tit for tat, with swords drawn and bows bent, and there have been storm clouds gathering,” China’s foreign minister, Wang Yi, said in…
North Korea nuclear: China fears 'conflict at any moment'
China has warned that “conflict could break out at any moment” as tension over North Korea increases. Foreign Minister Wang Yi said if war occurred there could be no winner. Mr Wang’s comments come as…
Banking Regulator Puts Kibosh on Nepotism
(Beijing) — China’s banking regulator is taking aim at the industry’s preferential hiring practices, including nepotism and the employment of the regulator’s former employees. A policy document issued April 7 by the China Banking Regulatory…
China bank extend 1.02 trln yuan in new loans in March, less than expected
BEIJING, April 14 (Reuters) – China’s banks unexpectedly extended less credit in March than in the previous month as the government tries to contain the risks from an explosive build-up in debt and an overheating…
The ‘Trilemma’ According to China’s Central Bank
China’s central bank has its own theory on the impossible trinity. In an apparent attempt to justify China’s curbs on capital outflows—part of the People’s Bank of China’s laser focus on slowing the yuan’s decline—scholars…
China cbank resumes cash injections as shadow banking crackdowns spur liquidity worries
SHANGHAI, April 13 (Reuters) – China’s central bank resumed injections into the money market on Thursday after a near three-week absence, in an apparent bid to ease fears of a cash crunch in the financial…
“China Commercial Banking Report Q2 2017” now available at Fast Market Research
The accompanying tables present the latest economic data and five-year forecast scenario for the country’s banking system. Also included is SWOT analysis of the commercial banking system as a whole. The China Commercial Banking Report…
Senior Official at China’s Banking Watchdog Relieved of Duties
A senior official of the China Banking Regulatory Commission has been relieved of his duties while a high-profile corruption investigation of the insurance watchdog’s chairman is underway. Authorities haven’t given an official explanation for the…
China Finance Online Reports Fourth Quarter and Full Year 2016 Unaudited Financial Results
BEIJING, April 13, 2017 /PRNewswire/ — China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors…
China central bank resumes cash injections as shadow banking crackdowns spur liquidity worries
SHANGHAI (Reuters) – China’s central bank resumed injections into the money market on Thursday after a near three-week absence, in an apparent bid to ease fears of a cash crunch in the financial system following…
Trump warns China that if it doesn't 'deal with' North Korea, the U.S. and its allies will – a day after hailing Chinese president as a 'gentleman' who 'wants to do the right …
President Donald Trump has warned China that if it is unable to restrain North Korea through its own interventions, the U.S. and it’s allies will. Trump issued the pronouncement on Twitter, a day after hailing…
Trump reverses on NATO, China, Russia and other campaign promises
It’s no longer obsolete,” Trump said of NATO at a news conference with Secretary-General Jens Stoltenberg … acts as president would be to direct his treasury secretary to label China a currency manipulator. It was…
