Starting in July 2017, banks and other financial institutions in China will have to report all domestic and overseas cash transactions of more than 50,000 yuan ($7,201), compared with 200,000 yuan previously, the central bank…
Featured Posts Title
Trump is proposing a $12B aid package for farmers hit hard by his trade war with China
A quiet walk through Shenzhen’s green streets
China trade surplus tops $1 trillion for first time on non-US growth
China’s trade surplus hits $1 trillion for first time ever
India seeks assurance from Beijing that it won’t target Indians in transit through China
China’s trade surplus tops $1 trillion as its exports surge
China wants revenge: Chinese virologist who linked Covid to Wuhan lab is scared
Recent Posts
China's new rules on yuan transfers are not capital controls – Xinhua
South Korea considers 'measures' as China blocks charter flights
South Korean Finance Minister Yoo Il-ho said on Sunday he would look into whether China’s decision, which came ahead of a traditional surge in Lunar New Year travel, was “related to” the planned deployment of…
Beijing enjoys brief respite, but smog returning on Tuesday
BEIJING Heavy smog that blanketed parts of China at the weekend cleared somewhat on Monday, with flights in Beijing back to normal, but it was likely only to be a brief respite with more choking…
China starts 2017 engulfed in smog, issues pollution alerts
Heavy smog that blanketed parts of China over the weekend cleared somewhat on Monday … Severe pollution is forecast to persist in the region for three to seven days, the official Xinhua news agency reported.…
China Twitter boss leaves after seven months
The head of Twitter’s China operations has left the firm after seven months in charge. Kathy Chen announced she was leaving following a restructure of the business in Asia. While Twitter is blocked in China,…
What was behind China's 2016 baby boom?
As soon as China abandoned its one-child policy a year ago, Zheng Xiaoyu and her husband started trying for a sibling for their nine-year-old son. Their efforts bore fruit with another boy — one of…
China’s small banks vulnerable to bond sell-off, analysts say
Nonetheless, the fact that the People’s Bank of China still seems able and willing to step in, means that any major crisis remains some way off still. On Friday, yields of Chinese 10-year government bonds…
China central bank adviser calls for flexible 2017 growth target
China’s economy grew 6.7 percent in the third quarter from a year earlier and looks set to achieve the government’s full-year forecast of 6.5-7 percent, buoyed by higher government spending, a housing boom and record…
China facing financial highwire act in 2017
China is embarking on a financial highwire act. At the top of regulators’ agenda in China for 2017 is a campaign to wean the nation’s sprawling financial system off cheap borrowing and rising credit levels.…
China’s First FinTech Angel Fund
China today witnesses the founding of FinPlus, the country’s first angel fund and accelerator that focuses on investing in startups that feature financial technology (FinTech). Fugel Holding, the company that is backing FinPlus, decided to…
China’s economic rebalancing is making progress, but there’s still more to do
The September visit of Prime Minister Justin Trudeau to China was a success, on many levels, and signalled renewed Canadian interest in stronger commercial links. The uncertainty about trade relationships as a result of the…
China Mobile (Hong Kong) Ltd. (NYSE:CHL) Receives An Update From Brokers
Analysts reviewing China Mobile (Hong Kong) Ltd. have recently updated their recommended buy/sell ratings and price targets on the stock. 10/27/2016 – China Mobile (Hong Kong) Ltd. had its “mkt perform” rating reiterated by analysts…
IGM Financial makes bold bet on China with latest deal
IGM Financial Inc. is taking a stake in one of China’s largest investment managers in a bid to tap into the Asian country’s burgeoning base of savers and investors. Mackenzie Financial Corp., IGM’s subsidiary, will…
