In 2015, Hyundai Motor Co. was the third-most popular passenger vehicle brand in China, with 5 percent of the market; last year, its share had slipped to 3.1 percent, ranking Hyundai 11th, according to LMC…
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Trump says China’s Xi Jinping offered to help end Iran conflict
Winners and Losers From Trump and Xi’s Two-Day Beijing Summit
Xi takes Trump on tour of Communist Party’s seat of power in Beijing
Trump-Xi summit: the 3 big takeaways from historic meeting in Beijing
Trump brought top CEOs to Beijing but few big deals emerge
Trump leaves China, short on deliverables but with signs of a stabilized relationship
Trump Announces Boeing Jet Order From China. Beijing Stays Silent.
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In trade dispute with Donald Trump, China has a secret weapon
BRIEF-Agricultural Bank Of China To Boost Financial Leasing Unit’s Capital By 6.5 Bln Yuan
April 13 (Reuters) – Agricultural Bank Of China Ltd : * SAYS IT PLANS TO BOOST FINANCIAL LEASING UNIT’S CAPITAL BY 6.5 BILLION YUAN ($1.04 billion) Source text in Chinese: bit.ly/2JIOGVh Further company coverage: ($1…
Trade war or not, China is closing the gap on U.S. in technology IP race
HONG KONG (Reuters) – China’s rising investment in research and expansion of its higher education system mean that it is fast closing the gap with the United States in intellectual property and the struggle to…
China March new loans rebound to $178.23bn, shows data
The financing data also suggested that authorities continue to make solid inroads in their campaign to clamp down on riskier lending practices and shadow banking without stunting economic growth. Banks in China extended 1.12tn yuan…
China’s central bank ‘set to relax’ deposit rate guidelines
China’s central bank will relax its informal guidance on the upper limit of commercial banks’ deposit rates, facilitating the market liberalisation of interest rates, three sources with knowledge of the matter told Reuters on Friday.…
PBOC’s Yi Pledges More Steps to Further Open China’s Economy
(Bloomberg) — People’s Bank of China Governor Yi Gang pledged additional measures to open the economy, offering more specifics that may help ease trade tensions with the U.S. Authorities aim to introduce a Shanghai-London stock…
UPDATE 2-China March new loans rebound to 1.12 trln yuan as shadow banking retreats
BEIJING, April 13 (Reuters) – Chinese banks doled out more loans in March and appeared to make solid progress in reining in off-balance sheet lending that has prompted a sweeping crackdown by regulators looking to…
Scottish business leaders sign China deal
Scottish business leaders hope to tap into a huge Chinese infrastructure programme following a “historic” deal with their East Asian counterparts. Scottish Chambers of Commerce (SCC) signed a memorandum of understanding with China’s Chamber of…
Beijing considers reviving outbound investment scheme for domestic investors after three-year hiatus
Officials at a Beijing-based mutual fund house confirmed to the South China Morning Post that the discussion took place, and said the regulator had been considering relaxing outflow controls under the QDII scheme for a…
Xiaomi-backed phone start-up eyes China’s US$14 billion mobile game market with new handset
Black Shark, a start-up established in August last year with backing from Chinese tech giant Xiaomi, said it has received more than 100,000 registrations from users expressing interest in its new smartphone specifically targeted at…
China’s Credit Expansion Trails Estimates Amid Debt Cleanup
Aggregate financing stood at 1.33 trillion yuan ($212 billion) in March, compared with an estimated 1.8 trillion yuan in a Bloomberg survey and 1.17 trillion yuan the prior month New yuan loans stood at 1.12…
China’s central bank to relax commercial banks’ deposit rate ceiling: sources
HONG KONG/SHANGHAI (Reuters) – China’s central bank will relax its informal guidance for the upper limit of commercial banks’ deposit rates, facilitating the market liberalization of interest rates, three sources with knowledge of the matter…
UPDATE 1-China March new loans rebound to 1.12 trln yuan but miss forecasts
the threat has not reached a point where China is likely to change its monetary policy, the Bank of Communications said in a recent report. Long-term household loans, mostly mortgages, rose to 377 billion yuan…
