China and the United Kingdom are sealing business deals worth up to 9 billion pounds ($12.75 billion or 80.7 billion yuan) during British Prime Minister Theresa May’s visit, the Ministry of Commerce said on Thursday.…
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Billions worth of business deals expected
Behind kerfuffle over a ‘nationalized 5G network,’ real US-China concerns
The more difficult challenge will be reconciling Western economic ideals with China’s development strategy in cutting-edge technologies. At stake are trillions of dollars of business in industries that entrepreneurs are just beginning to dream up…
Exclusive: China-Vatican deal on bishops ready for signing – source
VATICAN CITY (Reuters) – A framework accord between the Vatican and China on the appointment of bishops is ready and could be signed in a few months in what would be an historic breakthrough in…
China debating whether to raise sunken Iranian oil tanker
BEIJING – Chinese officials say they are still debating whether to raise an Iranian oil tanker that sank last month with the loss of all 32 crew members. Chinese transport ministry officials told reporters Thursday…
China Urges Crackdown on M&A Loans Used to Buy Land
Shanghai branch of CBRC is said to issue notice to banks Continues crackdown of flow of funds into risky real estate China’s banking regulator has told lenders in Shanghai to increase their scrutiny of loans…
IMF On China: A Downturn is Inevitable
provides a good summary of many of the key issues facing China’s economy. Rapid credit growth since the global financial crisis is record setting for both its total expansion and its duration. Credit is being…
China’s financial system dogged by a corrupt alliance of cats and rats, central bank discipline chief says
A corrupt alliance of “rats and cats” is to blame for the lack of order and heightened risk within China’s financial system, the newly appointed head of discipline at the country’s central bank said on…
In Aramco IPO, China talks crucial for choice of listing venue: sources
LONDON/DUBAI (Reuters) – Saudi Arabia wants to complete talks with strategic investors such as China, Japan and South Korea before deciding where to list shares in state oil company Saudi Aramco, three sources familiar with…
“Working in Chinese finance was traumatic for me, but more Singaporeans should do it”
But now he wants more to work there. https://news.efinancialcareers.com/uk-en/305691/chinese-vs-western-banks/ Singaporean finance professional Matt Huang spent seven turbulent years in Beijing trying to navigate China’s bewildering business environment. ( read original story …)
China Vanke Names Financial Veteran as President, CEO
Real-estate heavyweight China Vanke on Wednesday appointed financial veteran Zhu Jiusheng as its chief executive officer and president, the right hand of company Chairman Yu Liang. The appointment of Zhu was unanimously approved by Vanke’s…
Bitcoin ads disappear from social media in China after central bank bans cryptocurrency fundraising
China’s major social media networks and search engines don … to prevent advertisers from marketing “financial products and services frequently associated with misleading or deceptive promotional practices”. The move shines a spotlight on the ……
Britain’s May meets China’s Xi on visit focused post-Brexit
May said business deals worth more than 9 billion pounds ($13 billion) will be announced before her visit ends Friday. Bolstering ties with China became more urgent after Britain voted in 2016 to leave the…
China’s January factory growth remains strong as output accelerates: Caixin PMI
China’s manufacturing sector sustained growth at multi-month highs in January, a private business survey showed on Thursday, as factories continued to raise output to meet new orders, suggesting resilience in the world’s second-largest economy. The…
