The People’s Bank of China will put more regulations in place on financial systems and institutional arrangements to guarantee financial safety, its deputy governor said at a forum over the weekend. Chen Yulu, deputy governor…
Featured Posts Title
‘It’s trade, tourism, trust’: Air China restarts direct Beijing–Delhi flight
Olympic champion swimmer Cameron McEvoy breaks the 50-meter freestyle world record
NIH hosts lecture making the case that COVID-19 came from a Chinese lab
US intel softens on China threat, says no Taiwan invasion planned by 2027 despite military buildup
Skycamp’s Journey to Becoming a Global Leading Star Dome Glamping Manufacturer: An In-Depth Industry Analysis
Three men charged with illegally smuggling advanced AI chips into China
Tim Cook’s China visit reinforces country’s importance to Apple as global frictions rise
Recent Posts
PBOC regulating financial system
KPMG: China now a fintech force
If KPMG is set to launch a compilation of top 50 financial technology or fintech companies in China, it indicates the new business segment has truly arrived and is poised for rapid growth, said Zhou…
Wasted green power tests China’s energy leadership
BEIJING – China’s scramble to curb pollution has made it the world leader in renewable energy development, yet increasing amounts of that green electricity have gone unused as the country struggles to integrate wind and…
China slams US for remarks on South China Sea, Taiwan
China has accused the United States and Japan of making “irresponsible remarks” over the South China Sea and Taiwan during the recently held Shangri-La Dialogue. Stressing that China has indisputable sovereignty over the Nansha islands…
China stocks fall even as IPO pace cools; Hong Kong also eases
SHANGHAI, June 5 China’s stocks fell on Monday morning, as sharp losses in financial firms offset news the securities regulator had cut the number of initial public offerings coming onto the market. The CSI300 index…
Guangzhou Rural Bank launches up to $1.1 billion Hong Kong IPO
The IPO for China’s fifth-largest rural commercial bank by assets consists of 1.58 billion shares offered in an indicative range of HK$4.99-HK$5.27 each, according to a term sheet of the deal seen by Reuters. That…
Chinese regulator rejects more IPO applications
China’s top securities market regulator has rejected more initial public offering (IPO) applications from companies amid efforts to improve the quality of listed companies and protect the interests of individual investors. The China Securities Regulatory…
Canada beats U.S. in pork sales to China – feet, elbows and all
Canada’s pork sales to China, after a sharp rise last year, exceeded those of the United States in the first quarter of 2017. That’s only happened a handful of times in two decades, according to…
China’s Debt Crackdown Is Driving Borrowers Into Riskier Territory
BEIJING—China’s crackdown on debt is driving some companies to a murkier form of financing as it gets harder to secure bank loans or tap the bond market. New loans from so-called trusts, firms that raise…
China’s HNA to tap M&A brake after $50 billion deal splurge
HNA’s top backers include China Development Bank, whose Hainan office in 2012 provided the group with a 100 billion-yuan line of credit, along with other Chinese state-owned lenders. After two significant HNA acquisitions closed in…
China services sector expands at fastest pace in four months in May: Caixin PMI
BEIJING Activity in China’s services sector expanded at the fastest pace in fourth months in May thanks to a surge in new orders, a private business survey showed, helping to offset worries about unexpected weakness…
Ivanka Trump company seeks new trademarks in China, reviving ethical concerns
They come on top of 36 applications the company filed in China last year. Ivanka Trump’s business, which mostly makes clothing and accessories, says the latest trademark applications were filed to block others from profiting…
Silk Road hub or tax haven? China’s new border trade zone may be less than it seems
Last month at China’s Belt and Road Summit – its biggest diplomatic event of the year – promotional videos about Horgos’ booming economy ran on a loop at the press centre. But Chinese business owners…
ADVERTISEMENT
