China’s leverage ratio — the ratio of debt to assets or equity — is rising at an alarming pace and approaching a historical high. High leverage ratios have in the past caused concern that financial…
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China State Media Reveals New Nuclear-Armed Submarine
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Street-level View of Nanshan District in Shenzhen – China 4K
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Can monetary policy solve China’s soaring leverage?
China manufacturing grew more than expected in May, official survey shows
ANZ’s senior China economist Betty Wang said in a note that the bank expects infrastructure investment to take a “big role” in supporting growth in the months ahead. “Infrastructure investment appears to have decoupled from…
Why China’s Debt Downgrade is a Tempest in a Teacup
It’s easy to see how these “scary” headline numbers could be used to frighten investors away, especially when those figures get taken completely out of context from what’s actually happening in China today. First, financial…
China’s Zhong An aims to raise at least $1 billion in Hong Kong IPO – sources
HONG KONG Zhong An Online Property and Casualty Insurance, China’s first online-only insurer, has resumed a plan to raise $1 billion or more in a Hong Kong initial public offering (IPO) in the second half…
Special Report: ‘Ghost collateral’ haunts loans across China’s banking system
SHANGHAI The banker at the other end of the phone line was furious, recalled Shanghai lawyer Wang Chaoyu. A pile of steel pledged as collateral for a loan of almost $3 million from his bank,…
China says controversial cyber law not designed to cripple foreign firms
“The purpose is to safeguard [China’s] national cyberspace sovereignty and national security… rather than to restrict foreign enterprises,” the Cyberspace Administration of China (CAC) said in a statement on its website. The law, which was…
Men probing Ivanka Trump brands in China arrested, missing
SHANGHAI — A man investigating working conditions at a Chinese company that produces Ivanka Trump-brand shoes has been arrested and two others are missing, the arrested man’s wife and an advocacy group said Tuesday. Hua…
Mobile Payments Hit $5.5 Trillion In China
Mobile payments reached $5.5 trillion in China in 2016, representing more than half the country’s total gross domestic product. That’s according to a report on the size of the mobile payment market in China, which…
Man probing Ivanka Trump brands in China arrested, two others missing
A man investigating working conditions at a Chinese company that produces Ivanka Trump-brand shoes has been arrested and two others are missing, the arrested man’s wife and an advocacy group said Tuesday. Hua Haifeng was…
Activist probing Ivanka Trump’s brands in China arrested: rights group
SHANGHAI (Reuters) – A man has been arrested and two are missing in China after conducting an investigation into a Chinese company making Ivanka Trump-branded shoes, China Labor Watch, a New York-based advocacy group, said…
Men probing Ivanka Trump brand in China arrested, missing
SHANGHAI — The arrest and disappearance of three labour activists investigating a Chinese company that produces Ivanka Trump-branded shoes in China prompted a call for her brand to cease working with the supplier and raised…
Activists investigating Ivanka Trump brands in China arrested, missing
BEIJING — A labor activist researching working conditions in a Chinese factory that makes shoes for Ivanka Trump’s label has been detained by police, according to his wife and a labor advocacy group, while two…
Study: China struggles to kick world-leading cigarette habit
Most smokers in China, the world’s largest tobacco consumer, have no intention of kicking the habit and remain unaware of some of its most damaging health effects, Chinese health officials and outside researchers said Wednesday.…