Anbang Insurance Group owns the Waldorf Astoria in New York. Its chairman has reportedly been detained by Chinese authorities. A top executive suddenly dropping off the radar would be alarming for any company. But in…
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China has a worrying habit of making business leaders disappear
Trump Adds More Trademarks in China
The latest trademarks expand Mr. Trump’s business interests in China, the world’s second-largest economy and a country he frequently blamed during the election campaign for the decline in American industrial jobs. Since taking office, he…
China’s Anbang says chairman steps aside, after report of his arrest
That statement fuelled speculation about Wu’s well-being, at a time when Chinese business circles were already spooked by the mysterious disappearance of a China-born billionaire from Hong Kong early this year. Calls to Wu’s mobile…
‘China speed’: Venture capital fuels a startup boom
In a country where business ideas quickly become business stampedes, he is far from alone. At least 20 bike-sharing companies have emerged in China seemingly overnight, each adding its own bright colour to what is…
China May output, retail sales steady but investment cools
Global concerns about China have resurfaced since Moody’s Investors Service downgraded its credit ratings last month, saying it expects the country’s financial strength will erode in coming years as growth slows and debt continues to…
China’s EXIM Bank plans more dollar, euro-denominated bonds this year
BEIJING/HONG KONG The Export-Import Bank of China (EXIM) plans to issue up to another $4 billion in euro- and dollar-denominated bonds this year, on top of $4 billion issued so far, as Beijing’s Belt and…
Chinese insurer detained amid financial probe
BEIJING – The Chinese insurer that owns New York City’s Waldorf Astoria Hotel said Wednesday its chairman was unable to perform his duties following a report he was detained by regulators amid accusations of possible…
UPDATE 2-China May property investment eases, construction starts dip sharply
* May Property investment +7.2 pct y/y (vs +9.6 pct in April) * New construction starts +5.2 pct y/y (vs +10.1 pct in April) * Sales by floor area +10.2 pct y/y (vs +7.7 pct…
China May property investment eases, construction starts dip sharply
BEIJING Annual growth in China’s real estate investment slowed in May, the first fall-off in three months, as government curbs cooled an overheated market and undermined investment, taking a toll on new developments. Worries over…
Huawei, China Mobile to verify 5G high band, low band coordination technology
NEW DELHI: China Mobile Research Institute, China Mobile Shanghai and Huawei have jointly established a 5G trial field to verify 5G High Band and Low Band Coordination Technology at Huawei’s Shanghai R&D Center. China Mobile…
UPDATE 1-China May property investment eases, construction starts dip sharply
BEIJING, June 14 Annual growth in China’s real estate investment slowed in May, the first falloff in three months, as government curbs cooled an overheated market and undermined investment, taking a toll on new developments.…
China May property investment growth eases for first time in three months
BEIJING, June 14 China’s property investment growth eased for the first time in three months in May, a Reuters calculation based on the National Bureau of Statistics (NBS) showed on Wednesday. It grew 7.2 percent…
China’s shadow banking woes force regulators to change course on policy making
The sobering fact that China’s shadow banking system now contributes about one-third the country’s total credit to the real economy is a stark lesson in how well-intentioned policy can lead to a financial mess. Mainland…
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