SHANGHAI (Reuters) – China’s city commercial banks should direct more of their lending to small businesses in a bid to boost the private sector and address regional economic disparities, a senior banking regulator said in…
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China’s commercial banks need to focus more on small businesses: regulator
China to further regulate financial markets
China will further regulate financial markets and get tough on illegal financial activities, deputy head of China’s banking regulator said Tuesday. “Despite progress in the ongoing financial scrutiny, the market is still prone to risks…
China’s commercial banks need to focus more on small businesses
SHANGHAI, Dec 6 (Reuters) – China’s city commercial banks should direct more of their lending to small businesses in a bid to boost the private sector and address regional economic disparities, a senior banking regulator…
Canada’s trade minister stays in Beijing to keep alive hopes of free trade talks
Abrupt change of plans for International Trade Minister François-Philippe Champagne came just after Prime Minister Trudeau and China’s president held a private dinner in Beijing Tuesday night. The prime minister says pursuing free trade with…
China’s financial sector opening raises prospect of talent war
HONG KONG (Reuters) – In the last two years, more than 30 global asset managers have been awarded licences to set up wholly-owned units in China as they sought a share of the country’s $1.5…
Canadian business will benefit from Trudeau’s China trip
A former diplomat, Colin Robertson is vice-president and fellow at the Canadian Global Affairs Institute. Prime Minister Justin Trudeau’s China trip may not have netted the expected free-trade talks, but Canadians should be satisfied on…
China’s budding coffee culture propels Starbucks, attracts rivals
speaking at the launch of Starbucks’ first overseas “Reserve Roastery” – an opulent flagship store with gourmet coffees and a bakery – said China was on track to be “bigger, more powerful and more significant”…
Blunder in Beijing risks undermining Canada on NAFTA
It may take some time to figure out exactly why things went sideways for Prime Minister Justin Trudeau in China this week. But this much is clear: He went all the way to Beijing holding…
Is China Ready for a Property Tax?
Revealing a roadmap for an annual property tax, Chinese Finance Minister Xiao Jie lately indicated that this long-awaited initiative is being fast tracked, starting a new chapter in the housing market. Xiao suggested property tax…
Hidden peril awaits China’s banks as property binge fuels mortgage fraud frenzy
SHANGHAI • When Zhu Chenxia bought a flat early last year from Lei Yarong in the up-market Nanshan district of China’s southern metropolis of Shenzhen, the two women drew up three purchase agreements to cover…
Canada’s trade minister stays behind in Beijing to keep hopes of free trade with China alive
Abrupt change of plans for International Trade Minister François-Philippe Champagne came just after Prime Minister Trudeau and China’s president held a private dinner in Beijing Tuesday night. The prime minister says pursuing free trade with…
With no formal trade talks, Trudeau leaves international trade minister in Beijing
Prime Minister Justin Trudeau says Canada will continue to work toward the goal of starting formal trade negotiations with China despite continued differences over a number of significant issues, even if that means leaving his…
Shares to buy from the think tanks: China Unicom (Hong Kong) Limited (CHU)
As it reflects the theoretical cost of buying the company’s shares, the market cap of China Unicom (Hong Kong) Limited (NYSE:CHU) is currently rolling at 44.55B, making it one of the key stocks in today’s…
