* Nov property investment growth +4.6 pct vs +5.6 pct in Oct – Reuters calculation * Nov property sales +5.3 pct vs -6 pct in Oct * Nov New construction starts +18.8 pct vs -4.3…
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REFILE-UPDATE 1-China Nov property investment growth slows, sales pick up
China November property investment growth slows, sales pick up
BEIJING (Reuters) – Growth in China’s property investment cooled in November as an official crackdown on riskier lending and stiffer regulation of the real estate market took effect. Property investment growth eased for a second…
Lexinfintech slashes U.S. IPO size as China reins in micro-lenders
following a recent crackdown by Beijing on fast-growing online micro-lenders. Lexinfintech, which focuses on loans to educated young adults between 18 and 36, including loans for online shopping, had planned to raise up to $500…
Growth in China property investment slows to 7.5 percent in January-November
BEIJING (Reuters) – Property investment in China rose 7.5 percent in January-November from the same period a year earlier, slowing from an 7.8 percent gain in the first 10 months of 2017, official data showed…
China Unicom (Hong Kong) (CHU) Receiving Somewhat Positive News Coverage, Report Finds
Headlines about China Unicom (Hong Kong) (NYSE:CHU) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources.…
China says it’s cuttings its debts — here’s how that’s actually working
That progress will only continue after President Xi Jinping signaled greater resolve to tackle financial risks during the 19th Communist Party Congress in October, they added. “Everyone tends to focus on the gross amount of…
Lexinfintech slashes U.S. IPO as Beijing reins in micro-lenders
HONG KONG (Reuters) – Chinese consumer lending firm Lexinfintech has slashed the size of its initial public offering to between $108 million and $132 million – a move that comes in the wake of a…
Venezuela quickly resolves financial dispute with China
CARACAS, Venezuela (AP) — Venezuela’s cash-strapped government has quickly settled a lawsuit filed by a state-run Chinese company, making good on an unpaid bill and appeasing an important ally that holds billions in the South…
Calling China, mate? Mega-network China Mobile launches U.K. phone service
China Mobile has chosen the United Kingdom as the location for its first Mobile Virtual Network Operator (MVNO). Launched on December 13, CMLink is primarily aimed at conveniently and affordably connecting the hundreds of thousands…
In Beijing, helping freezing migrants will get you in trouble with the law
Inside room B209 at the Family of Fortune and Prosperity apartment building near Beijing’s capital airport, You Juhong’s eyes brim with tears as she speaks. “In 2008, Beijing welcomed you. In 2016, Beijing hated you.…
China calling: Mega-network China Mobile launches UK phone service
China Mobile has chosen the United Kingdom as the location for its first Mobile Virtual Network Operator (MVNO). Launched on December 13, CMLink is primarily aimed at conveniently and cheaply connecting the hundreds of thousands…
Must be a goldfinch! Clever bird puts coins into piggy bank with its beak – but won’t accept anything worth too little
An adorable bird proved to be quite the savvy saver in footage showing it collecting money from pedestrians and slotting them into its piggy bank – but not every coin made the cut. Spotted collecting…
China Banking Association Denies Calling for Less Regulation
“We will fully consider the impact on the banking industry as well as on the market before we finalize the rules,” Liu said at a forum in Beijing on Saturday. “We are now gathering feedback…
