The Chinese banking system is healthy and can handle its nonperforming loans, China Huarong Asset Management Co Ltd Chairman Lai Xiaomin said. “My confidence comes from the fact that the banking system has been making…
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China spares major cognac makers from EU brandy dumping duties
LDS Church suffers setback in China as government shuts down congregations in Beijing and other cities
Capital market set for further policy boost
US Plans AI Chip Curbs on Malaysia, Thailand Over China Concerns
US Allies Plan To Flex Aircraft Carrier Muscles Near China
American bombs in Iran also reverberate in China and North Korea
Analysis-China’s intense EV rivalry tests Thailand’s local production goals
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Banking sector can handle NPLs
China Central Bank Injects A Record 1.035 Trillion In Bank Liquidity This Week
Heading into the Chinese Lunar New Year, local banks are suddenly starved for liquidity like never before. On Tuesday China’s benchmark money-market rate jumped the most in two years, with unprecedented cash injections by the…
China’s US Treasury debt holdings fall for 6th straight month
“Perhaps this does suggest that there is further pressure on the Chinese central bank to sell Treasuries to raise cash in order to meet those capital outflows,” he added. China’s yuan currency had weakened around…
Chinese-funded Silkroad Int'l Bank opens in Djibouti
Dawaleh said the opening of the bank was the latest example of China’s long-term support for infrastructure development in Djibouti. The Chinese government is developing the best relations with Djibouti based on the principles of…
China's move to relax foreign investment restrictions too late for ANZ
However, many foreign banks and investment groups, including Australia’s ANZ, have already sold out of their interests in China, frustrated by the slow pace of reforms. Earlier this month, ANZ sold its 20 per cent…
Foreign business skeptical of China’s promised opening
The State Council said on its website that China would lower restrictions on foreign investment in a broad range of financial services, plus telecommunications, the internet, culture, education and transport sectors. It also said it…
China preparing to retaliate against Trump on trade: business group
BEIJING — China is preparing to retaliate if U.S. President-elect Donald Trump raises duties on Chinese goods and already has toughened its stance, an American business group said Wednesday. Trump, who is due to be…
China economic growth to slow slightly this year as policymakers focus on risks
BEIJING (Reuters) – China’s economy will likely expand 6.5 percent this year as authorities tolerate a further slowdown so they can focus on containing increasing financial risks, but a weakening yuan will complicate their policy…
U.S. lobby says China protectionism fuelling foreign business pessimism
BEIJING (Reuters) – More than 80 percent of members of a U.S. business lobby in China say foreign companies are less welcome than in the past, a survey released on Wednesday showed, with most saying…
Stricter financial supervision needed before exchange rate flows freely
Xie Yaxuan, chief economist with China Merchants Securities, has said the country needs to strengthen financial supervision before allowing the yuan to float freely. He added, however, that a free-floating yuan will not be a…
Adia open to more investments in China
Sheikh Hamed bin Zayed, Adia’s managing director, told China Finance, a bimonthly journal, that steps to liberalise financial markets in China were promising and could lead to more investments in listed companies, fixed income, real…
China may allow foreign firms to launch IPOs
China may allow foreign companies to launch IPOs on its stock exchanges and issue corporate bonds, the government said, after President Xi Jinping promised the world his country was committed to opening its markets. The…
China Mobile Selects Brocade NFV Software Appliance to Support Internet Plus Mission
Mobile Giant to Break New Ground in China Service Provider Landscape with Leading-Edge SDN/NFV Deployment BEIJING, CHINA–(Marketwired – Jan 18, 2017) – Brocade (NASDAQ: BRCD) today announced that China Mobile Ltd (SEHK: 0941) (NYSE: CHL),…
