(ABC News) In his statement, Mr Keating rejected Mr Tillerson’s claim that China’s control of access the South China Sea would be a threat to the entire global economy. “No country would be more badly…
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South China Sea: Paul Keating says Rex Tillerson threatening to involve Australia in war
China warns of ‘devastating consequences’ if US blocks its plans for artificial islands
THE US has been warned of potentially “devastating consequences” if it blocks China from islands it has built in contested waters in the South China Sea, according to Chinese media reports. And in more inflammatory…
China warns US of 'devastating confrontation'
The United States has been warned of a potentially “devastating confrontation” if it blocks China from islands it has built in contested waters in the South China Sea. Chinese media reports have also warned US…
HSBC risks losing advantage with year-long delay in Chinese banking push
LONDON HSBC’s (HSBA.L) ambitions to establish an investment banking franchise in China have hit a roadblock, with the bank still waiting for approval for its partnership with a state-owned fund more than a year after…
China's big banks, after record write-offs, poised for recovery
Record write-offs for bad loans and shrinking margins – caused by six consecutive interest rate cuts – led to flat profits and beaten down valuations last year for the likes of Industrial and Commercial Bank…
China c.bank lends $44.28 bln via MLF, rates unchanged
BEIJING Jan 13 China’s central bank said it lent 305.5 billion yuan ($44.28 billion) to 21 financial institutions via its medium-term lending facility (MLF) on Friday. Interest rates on the MLF loans were unchanged at…
Why China’s central bank fears bitcoin
It was only one week ago that the price of the digital currency bitcoin hit a new all-time high of $1,130. Now the price has fallen precipitously, and was hovering around $800 on Thursday afternoon.…
China c.bank expected to roll over maturing MLF loans on Friday – sources
SHANGHAI Jan 13 China’s central bank is expected to roll over maturing medium-term facility (MLF) loans on Friday, multiple banking sources said. The total amount of maturing MLF loans due this month is 435.5 billion…
After record write-offs, China’s big banks poised for recovery
Record write-offs for bad loans and shrinking margins — caused by six consecutive interest rate cuts – led to flat profits and beaten down valuations last year for the likes of Industrial and Commercial Bank…
China bank loans surge in December
DOHA: Chief of Naval Staff Adm … BEIJING: Chinese bank lending grew far faster than expected in December, the central bank said Thursday, adding to concerns that a flood of credit is increasing financial risks…
Bank of China : Young, diverse, innovative and female
The fastest-growing Chinese-owned companies in the United Kingdom come in all shapes and sizes – although a look at the executives reveals that they do share some things in common. Boards are typically gender diverse,…
Asia trips worth more than $52K cost of doing business, says N.S. fisheries minister
Contact him with story ideas at michael.gorman@cbc.ca To get a sense of just how important China has become as a market for Nova Scotia business, take a look at expense reports for bureaucrats and ministers.…
China’s embrace of a new electricity-transmission technology holds lessons for others
YOU cannot negotiate with nature. From the offshore wind farms of the North Sea to the solar panels glittering in the Atacama desert, renewable energy is often generated in places far from the cities and…
