South Korea and China have agreed to extend their currency swap deal, Seoul said Friday, easing concerns the deal would fall through due to tensions over a U.S. missile defense system. The two Asian countries…
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South Korea, China extend currency deal despite missile row
China’s most-wanted fugitive jailed for eight years for graft
Some 48 have since returned to China. Yang’s prison sentence and a fine of 800,000 yuan ($121,500) was announced by the People’s Intermediate Court in Hangzhou, the official Xinhua news agency said on social media.…
China Seeks Small Stakes in, and More Sway Over, Online Firms
But the deals struck with the two online news companies could be a sign of things to come. The news media in China is becoming more difficult to police as readers and outlets migrate online…
China Sept imports blow past expectations, exports also quicken
The solid September readings will be welcome news for Beijing ahead of a major political leadership reshuffle next week, at which President Xi Jinping is expected to further tighten his grip on power. Once again,…
Mercedes-Benz, JVs to recall over 350,000 vehicles in China: watchdog
BEIJING (Reuters) – Mercedes-Benz, the luxury brand of German carmaker Daimler AG, and its Chinese joint ventures will recall 351,218 vehicles due to potential issues with air bags made by Japan’s Takata Corp, China’s quality…
China’s Trade With North Korea Slumps as Nuclear Sanctions Bite
North Koreans use boats, cars, trucks and several rail lines to carry everything from seafood to diesel fuel and mobile phones back and forth across the border, according to a report by Bloomberg News. China’s…
China’s trade growth accelerates in September
China has been credited with helping to support global demand and weaker imports might hurt suppliers for whom this country is a major market. China’s global trade surplus in September shrank 38.6 per cent from…
China September FDI jumps most in over 2 years as manufacturing, hi-tech boom
BEIJING, – Foreign direct investment (FDI) in China rose the most in more than two years in September, likely boosted by strong growth in the country’s manufacturing and hi-tech sectors, the commerce ministry said on…
Sohu.com’ Subsidiary Sogou Inc. Files Registration Statement for IPO
BEIJING, Oct. 13, 2017 /PRNewswire/ Sohu.com Inc. (SOHU … U.S. Securities and Exchange Commission relating to a proposed initial public offering (or “IPO”) of American depositary shares (“ADSs”) representing Sogou’s Class A Ordinary Shares. (…
China banking regulator, Hubei chief front runners to head central bank: sources
BEIJING (Reuters) – China’s top banking regulator Guo Shuqing and veteran banker Jiang Chaoliang are front runners to succeed Zhou Xiaochuan, the country’s longest-serving central bank head who is likely to step down next year,…
Tencent’s China Literature passes HK stock exchange IPO pre-approval
Tencent’s China Literature (阅文集团), China’s largest e-book and online publishing company, has completed the listing hearing for the Hong Kong Stock Exchange, according to Hong Kong’s Sing Tao Daily (in Chinese). Analysts say the share…
Indonesia, China take securitization route to infrastructure finance
Pakpahan: infrastructure financing Asset-backed securities will be key to unlocking the multi-billion dollars of funding needed to finance the Belt and Road Initiative because of the huge opportunities the projects offer to securitize long term…
Here are 3 ways that China’s big political congress matters to investors
These reforms should help China’s urbanisation efforts, and also support growing consumer demand. Xi could also push through reforms to create more transparent capital markets, streamline business approval procedures and lower fees and taxes. And…
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