BEIJING–Bank of China said on Wednesday its first-half net profit rose 12% on year, thanks to higher interest and fee income. Net profit for the six months ended June 30 rose to 103.69 billion yuan…
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China’s tycoons made fortunes offshore. Now the party is over.
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China’s industrial profits grow at slowest pace this year
Typhoon Noul: Shenzhen girl, 6, blown away by gale, runs back to safety
China’s influence machine: Federal records expose Beijing’s push to sway America
Typhoon Noul weakens after making landfall, brings heavy rain to southern China
China’s COVID-19 rises to moderate level activity, overtakes flu as top respiratory pathogen in past week: CDC data
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Bank of China net profit up 12%
China’s postal bank plans Shanghai listing, seeks to raise $785 million
HONG KONG (Reuters) – State-owned Postal Savings Bank of China (1658.HK), the country’s biggest lender by branches, said it was planning a Shanghai listing, seeking to raise around $785 million. The move follows its Hong…
China Finance Online Co. Limite (NASDAQ:JRJC) Closed Its 50 Day Moving Average
Trading volume for China Finance Online Co. Limite was 191K on Wednesday. Shares saw a steep increase in trading volume of 406.64% over the normal average daily volume. Investors are feeling more bearish on the…
China rust belt banks ‘at centre’ of murky world of shadow banking
Regional banks in China’s rust belt provinces are driving the rapid expansion of shadow banking in the country, fuelling a web of informal lending that poses wider risks to the financial system, according to a…
China says it hopes India learns lesson from border standoff
BEIJING – China’s foreign minister said Wednesday he hopes India can “learn lessons” from a recently resolved border standoff and avoid such occurrences in the future, as the leaders of the two Asian giants prepare…
China, India rivalry looms over BRICS summit
China and India may have ended a tense border standoff for now, but their longstanding rivalry raises questions about the possibility of meaningful cooperation at an upcoming summit of major emerging economies. The annual summit…
Hyundai resumes production in China after supply disruption
SEOUL, Korea, Republic Of – Hyundai Motor Co. said Wednesday that it resumed production at its plants in China where the automaker has been working to resolve a dispute with a parts supplier that led…
What’s yours is mine in China but is sharing at a peak?
Mr Wang is chief executive of One Tiyu, which translates as One Sports, and he has plans to quite literally roll out 20 million soccer and basketballs across China. “The sharing economy is indeed very…
To Disarm North Korea, Cripple A Large China Bank
Beijing, however, did not take the hint. Therefore, on June 29 President Trump’s Treasury Department, pursuant to Section 311 of the Patriot Act, designated Bank of Dandong a “primary money laundering concern.” The designation effectively…
Chengdu Seeks Hong Kong Cooperation in Finance and Culture
CHENGDU, China, Aug. 29, 2017 /PRNewswire/ The city of Chengdu plans to draw on a thousand years of financial acumen to boost economic cooperation with Hong Kong, according to municipal officials visiting the Special Administrative…
A peek into the future of retailing as technology reinvents how the world shops
Together with other innovative companies in China and America, Alibaba and Amazon are aiming to reinvent the retail experience again for consumers over the next decade. Here are 5 current trends that provide glimpses into…
China orders videotaping of retail investment sales
China’s banking regulator has issued new rules requiring financial institutions to make video and audio recordings of all investment product sales, saying they were needed to “further regulate market order and protect customer rights”. The…
China’s regulatory rumours hit Blackmores
Blackmores CEO Richard Henfrey said talk of potential changes to China’s e-commerce regulations and “the suitcase trade” had impacted the buying patterns of Chinese entrepreneurs and tourists who were previously purchasing products in Australian stores…
