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 yuan ($63.12 billion) with the first ... ( read original story ...)
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 of China Ltd (ICBC) and China Construction ... ( read original story ...)
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 in the world's second-largest economy. ( read original story ...)
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, younger and willing to work alongside ... ( read original story ...)
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. More and more, people are making the trek to ... ( read original story ...)
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 industrial centres that consume it. To boost ... ( read original story ...)
China's exports fall for second year as U.S. trade war fears mount
BEIJING (Reuters) - China's massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States that is clouding the ... ( read original story ...)
China's exports return to decline, import growth eases
HONG KONG — China's exports fell back into contraction again last month, signalling renewed weakness for the world's second biggest economy. Customs data posted Friday showed that exports shrank 6.1 per cent to $209.4 billion in December compared with ... ( read original story ...)
China steel exports fall from record in relief for global steelmakers
MANILA (Reuters) - China's steel exports fell in 2016 from a record in the previous year, dragged down by improved demand at home and Beijing's resolve to tackle overcapacity, in a relief for steelmakers elsewhere that have been hit by cheap Chinese shipments. ( read original story ...)
China scores new victories in Africa as Taiwan handed diplomatic blow
It was a dramatic lesson in China’s growing financial muscle. As a Chinese official dangled the possible reward of $40-billion (U.S.) in desperately needed investments, Nigeria this week hastily ordered the shutdown of a trade office by China’s rival ... ( read original story ...)