“China is acting preemptively to prevent the yuan from falling, as they see the tariffs coming, which is bearish,” said Irene Cheung, foreign-exchange strategist at Australia & New Zealand Banking Gro… ( read original story…
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Yuan Outperforms Peers as China Deters Bears Before Tariffs
China’s central bank pumps funds into market via MLF
BEIJING, Sept. 7 (Xinhua) — China’s central bank Friday injected 176.5 billion yuan (25.88 billion U.S. dollars) of funds into the market via the medium-term lending facility (MLF) to maintain liquid… ( read original story…
China’s Meituan Dianping confirms $4.4 billion Hong Kong IPO
China’s Meituan Dianping, an online food delivery-to-ticketing services platform, set an indicative price range of HK$60 to HK$72 ($7.6-$9.2) per share for its IPO, valuing itself at up to $55 billion … ( read original…
China vows tax reforms won’t boost corporate costs
BEIJING (Reuters) – China’s cabinet has pledged sweeping tax reforms will not increase companies’ cost burdens, though analysts remain cautious as the government has yet to unveil specific measures. R… ( read original story …)
China to raise export tax rebates for machinery, electronic products
BEIJING (Reuters) – China’s finance ministry said on Friday that it will raise export tax rebates for machinery and electronic and cultural products. Tax rebate rates for multi-component … ( read original story …)
Financial aid given to 95.9 million students
China will further improve funding for students so that no one will have to drop out of school because of family financial difficulty. [Photo/VCG] China spent 188.2 billion yuan ($27.5 billion) last y… ( read…
Bank Fines Surge in China as Watchdog Battles Rising Bad Loans
China’s banking regulator is handing out fines at a record pace, as it battles a build-up of financial risk. The China Banking and Insurance Regulatory Commission, along with its predecessor agency, h… ( read original…
China’s top marble tiles brand GANI unveils its global branding strategy
Li Jia, GANI’s brand executive, shares the company’s brand internationalization strategy. [Photo provided to China Daily] The first DACHINA Dialogue was held by DACHINA Interchange Management GmbH … ( read original story …)
Honor smartphone brand targets younger customers
Zhao’s comments came just as Honor unveiled its latest smartphones in China. Analysts saw the move as the brand’s accelerated effort to meet rising demand from a large customer group pursuing … ( read original…
China Mobile’s Two Main Rivals Could Merge Soon
The Chinese government is mulling a merger between China Unicom (NYSE: CHU) and China Telecom (NYSE: CHA), according to Bloomberg, which could combine the country’s second and third largest … ( read original story …)
China says African countries don’t think cooperation adds to debt
BEIJING (Reuters) – African leaders attending this week’s summit with China don’t think that cooperation between the continent and Beijing has added to their debt burden, the Chinese government’s top … ( read original story…
China’s Meituan Dianping to focus on domestic market after $4.4 billion Hong Kong IPO
HONG KONG (Reuters) – China’s Meituan Dianping, an online food delivery-to-ticketing services platform, confirmed it had filed for an up to $4.4 billion Hong Kong IPO and said it will focus on its dom… (…
Pay-with-your-face systems and self-driving cars: Inside Baidu’s headquarters in Beijing
Like Alphabet in the U.S., the Chinese company is also working on a host of other technologies. CNBC recently visited its headquarters in Beijing , which is home to around 20,000 of its 40,000-person ……
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