Continental Resources soared 23% on a strong day for the energy sector in general. Crude oil prices soared almost $4 per barrel to $49 after the OPEC cartel made a deal to make production cuts…
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China is having another AI moment
China’s newest aircraft carrier sails through Taiwan Strait
Will China ever be held accountable for COVID-19?
US ally the Philippines claims ‘big win’ over China
Premier says China’s tech advancements an ‘opportunity’ for the world, not a threat
Beijing reinvents the visitor experience
China says it has a right to target people overseas with new ethnic unity law
Recent Posts
Why Continental Resources, China Unicom, and Wayfair Jumped Today
Chinese Police Is Cracking Down on Financial Crime
China‘s police body has set up five specialist units to deal with financial crime, including securities fraud, which is becoming increasingly professionalized, the official Xinhua news agency reported late on Tuesday. The new units, jointly…
Softwood lumber dispute with U.S. sees B.C. turn to China, India
VICTORIA – The prospect of a reignited trade dispute with the United States over Canadian softwood lumber exports has British Columbia looking for new customers in China and India. Mike de Jong, B.C.’s minister of…
China Mobile to begin 5G tests next year
China Mobile plans to begin testing 5G technology next year with a view to rolling out as many as 10,000 5G base stations by 2020. This is according to local news outlet C114… China Mobile…
China Mobile : sets out schedule for 5G
The world’s largest mobile provider by subscribers, China Mobile, has set out a timeline for its 5G deployment, C114 writes. The cellco will initially concentrate on utilising spectrum in sub-6GHz bands, but will test higher…
China's banking regulator asks peer-to-peer lenders to register
BEIJING China’s banking regulator has issued new guidance to tighten control over a fast-expanding peer-to-peer (P2P) lending sector, the regulator said in a statement to Reuters on Tuesday. The guidance, which the China Banking Regulatory…
UPDATE 1-China's national pension fund appoints four custodian banks
BEIJING Nov 30 China’s National Council for Social Security Fund has selected four banks to be custodians for its basic pension insurance fund, it said in an online statement on Tuesday. The four banks are…
China's 'extraordinary leverage' tops Bank of England's growing list of concerns
China, euro zone sovereign debt and the potential fallout from Brexit top the escalating list of concerns for the Bank of England (BOE), according to a report published on Wednesday which warns that risks to…
When Chinese Bank's Trump Lease Ends, Potential Conflict Begins
The Industrial & Commercial Bank of China Ltd., a state-controlled enterprise and the world’s biggest lender by assets, is due to renegotiate its lease at Trump Tower in Manhattan during Donald Trump’s presidency — a…
China's yuan will appreciate vs US dollar in the long-term: Central Bank advisor
[BEIJING] The Chinese yuan will appreciate against the US dollar in the longer-term, a central bank adviser said, arguing that recent weakness in the currency is largely due to a stronger US dollar. The Chinese…
DEUTSCHE BANK: The property bubble 'is the most important macro issue in China'
A man rides a motorcycle past a replica of the Eiffel Tower at the Tianducheng development in Hangzhou, Zhejiang Province August 1, 2013. Reuters/Aly Song China’s debt-fuelled property boom, and potential bust, will be one…
Central bank to force dual-network bank cards out of mainland market
Photo: CFP Dual-network bank credit cards, which can operate through the domestic bank card association China UnionPay and foreign networks such as Visa and MasterCard, will soon be phased out the Chinese domestic payment card…
China's central bank denies banning commercial banks on home loans
View of the headquarters of the Peoples Bank of China (PBOC), Chinas central bank, in Beijing, June 27, 2015. [Photo/IC] BEIJING – China’s central bank has not banned commercial banks from issuing personal home mortgage…