China’s central bank is walking a tightrope between keeping enough liquidity to support market stability and deleveraging to avert financial risks. The People’s Bank of China (PBOC) injected 498 billion yuan (73 billion U.S. dollars)…
Featured Posts Title
India and the Philippines stage joint sail and naval drill in the disputed South China Sea
From Silicon Valley to Shenzhen: who’s really winning the innovation war?
Beijing expands storm alert as fatal floods keep city on edge
Beijing warns of more rain as fatal floods keep city on edge
China’s BYD breaks delivery growth streak as EV price war reshapes competition
China Mobile buys over 14% stake in HKBN for $138 million
Beijing on top alert for heavy rain, tells residents to avoid going out
Recent Posts
China walks monetary tightrope as liquidity pressure mounts
What about China? Observers surprised Asia doesn’t play more prominently in Freeland speech
towards Asia,” Charest told CBC News. “So, I must say, I think a number of people will be waiting to see what the next step will be on China because this speech doesn’t really give…
Pentagon predicts China will establish new military bases in foreign ports — including Pakistan
China’s construction of a military outpost in Djibouti is just the first of what will likely be an ongoing expansion in friendly foreign ports around the world to support distant deployments, a new Pentagon report…
Alibaba stumbles in bid to wrest mobile control from Tencent
Alibaba Group Holding Ltd.’s six-year-old excursion into mobile operating systems is faltering in China, casting doubt over software that bears billionaire-founder Jack Ma’s name and was once touted as key to countering T China’s largest…
IPO reform a test of Chinese regulator’s resolve
In late May, Han Zhiguo, a Beijing-based economist, fired the first salvo at the China Securities Regulatory Commission (CSRC), lambasting it for the rapid pace of IPO approvals that has undermined the stock market this…
China won’t release activists detained in probe of Ivanka Trump supplier
“The judicial authorities of China can handle relevant cases according to our own laws and regulations,” ministry spokeswoman Hua Chunying told reporters at a regular news briefing. “Other nations have no right to intervene.” The…
China should reform forex system to promote yuan flexibility: central bank adviser
BEIJING China should urgently reform its foreign exchange rate system or risk impeding the economy and plans for the yuan to play a larger role on the global stage, a central bank adviser said on…
Debt-Heavy Fosun Seeks Relief With Medical Unit IPO
(Beijing) — After spending billions of dollars on global acquisitions in recent years, private equity giant Fosun has begun to consolidate and focus on the performance of its many offshore assets as it tries to…
Cheick Tiote: Beijing player recalls former Newcastle midfielder’s collapse
One of Beijing Enterprises’ players has recalled the “horrible” moment when Cheick Tiote fell to the ground in training and later died. The former Newcastle United midfielder, 30, passed away on Monday, about an hour…
Beijing lashes out over Pentagon report on Chinese military
BEIJING — Beijing says it is “firmly opposed” to a Pentagon report on the Chinese military that highlighted China’s construction of military facilities on made-made islands in the South China Sea and speculated that Beijing…
China stocks gain as companies urge workers to buy shares, MSCI inclusion hopes
SHANGHAI, June 7 China stocks rose on Wednesday as a growing number of listed firms encouraged employees to buy shares, and as the central bank injected more funds into the banking system to ease fears…
WuXi Won’t Make Hong Kong IPOs Hot
WuXi Biologics IPO $510 million But one firm … and an asset base that’s more opaque than almost any large bank in China. Next up is probably China Tower Corp., a state enterprise that reported…
Telcos seek 5G cutting edge growth
Chinese telecom companies are accelerating their research and development of 5G, as they scramble to establish a beachhead in the next-generation mobile communication technology. China Mobile Communications Corp, the world’s largest telecom carrier by ……