BEIJING, Feb 24 (Reuters) – Property price growth in China was “stable while slightly lower” in January, the nation’s statistics bureau said in a statement on Saturday, as data showed prices in eleven major cities…
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China’s property price growth slowed ‘slightly’ in Jan – stats bureau
UPDATE 1-China’s Jan property prices rise 5 pct y/y – stats bureau
* Jan new home prices +0.3 pct m/m – Reuters calculations * Beijing’s prices +0.2 pct m/m, Shanghai and Guangzhou -0.4 pct (Recasts, adds national data and background) BEIJING, Feb 24 (Reuters) – China’s new…
Anbang seizure shows China’s resolve for financial stability
BEIJING/SHANGHAI — China’s de-facto takeover of Anbang Insurance Group shows the government will take any steps necessary to stave off shocks to the financial system, suggesting even tougher times await financial conglomerates with massive overseas…
Beijing takes over Anbang Insurance Group, including its billions in B.C. property
The Chinese government’s dramatic takeover of Anbang Insurance Group, citing concerns about the Beijing-based company’s ability to pay its debts and the fraudulent conduct of its former chairman, puts into question the future of the…
Beijing tops list for improved air quality
Beijing has emerged as the best city in its region for air quality improvements over the past four months – a time when the capital usually suffers its worst air pollution – according to the…
Pakistan back on terror financing watchlist as China stays silent
NEW DELHI: China stayed neutral as Pakistan was put back on an international terrorism financing “grey list”, three years after it was removed from that list. As the plenary meeting of the Financial Action Task…
China securities regulator proposes to delay IPO reform
SHANGHAI, Feb 23 (Reuters) – China’s top securities regulator Liu Shiyu has proposed to delay a deadline for the government to authorise a registration-based initial public offering mechanism until Feb. 29, 2020, the official Xinhua…
China’s new anti-graft superministry adds to concerns about suspects’ rights
Though China’s criminal justice system has long been criticized … The National Peoples Congress declined to comment on the issue. A parliament news department official said they would answer reporters’ questions during next month’s parliament…
Exclusive: Xi confidant emerges as front runner to head China’s central bank – sources
BEIJING (Reuters) – Liu He, a Harvard-trained economist who is a trusted confidant of Chinese President Xi Jinping, has emerged as the front runner to be the next governor of the People’s Bank of China…
China regulator to assume management of Waldorf owner Anbang
China’s insurance regulator said Friday it is assuming management … “At present, operations of the Anbang Group are stable overall and business is basically steady,” the statement said. “The legitimate rights and interests of insurance…
China ‘highly concerned’ over possible breach of UN sanctions on North Korea
“China is highly concerned about the situation and we are in the middle of an investigation,” Geng said at a regularly scheduled news conference. Punishment of any Chinese entities found to have been involved would…
China seizes control of insurance giant Anbang
In an unusual move, Anbang Insurance Group will now be taken over by China’s insurance regulator for one year. The firm is known for its aggressive international acquisitions, including New York’s Waldorf Astoria hotel. “Clearly…
China’s Huawei set to lead global charge to 5G networks
FRANKFURT/HONG KONG (Reuters) – China’s Huawei is forging closer commercial ties with big telecom operators across Europe and Asia, putting the company in prime position to lead the global race for next-generation 5G networks despite…
