Tang Hanbo was ordered to pay 250.7 million yuan ($36 million) for allegedly manipulating a Shanghai stock, Zhejiang China Commodities City Group Co., the China Securities Regulatory Commission said in a statement on Friday. Tang, separately hit with 925.4 ... ( read original story ...)
Regulator says Made in China 2025 is fair
The Made in China 2025 initiative brings equal opportunities to foreign ... The remarks followed a report by the EU business group saying the push to upgrade industry will give Chinese companies an unfair advantage. Miao rebutted the allegation, saying ... ( read original story ...)
China central bank restarts reverse repo operations after two-day halt
BEIJING - China's central bank Monday restarted the use of an open market operation tool that injects cash into the banking system. The People's Bank of China conducted 30 billion yuan ($4.35 billion) of reverse repos, a process where the central bank ... ( read original story ...)
China stocks post best gains in 3 weeks as Beijing official says economy steadier
SHANGHAI: China stocks posted their best gains in three weeks on Monday after a senior research official said over the weekend that the world's second-largest economy was on steadier footing. The blue-chip CSI300 index rose 0.9 percent to 3,458.10 ... ( read original story ...)
Should China move its historic monuments?
made news in 2011 when it slid 295 feet (90 meters) on a set of rails. The land it was located on had been purchased by real estate developers, according to the China Construction Engineering Management Association. "China is going through a time of major ... ( read original story ...)
Eric Peters: “If China And The World Bank Are Right, We're Headed For A Depression”
"Some people blindly invested offshore and were in a rush to do so,” explained China’s central bank chief, justifying his recent capital controls. “Some of this outbound investment was not in line with our own policies and had no real gain for China.” ( read original story ...)
Government vows to control risks in financial markets
The latest evidence of tighter risk control are the coordinated efforts by the People's Bank of China, the central bank, and the regulators of the banking, securities and insurance industries to draft a comprehensive regulatory framework to tackle the ... ( read original story ...)
China’s Central Bank Governor urge public not to panic over forex stockpile
China now still holds the largest foreign exchange reserve stockpile in the world, much higher than the runner-up, Zhou Xiaochuan, the governor of the People’s Bank of China said on Friday, but stressed that there is no need for China to overreact to the ... ( read original story ...)
Not Rolex, not Cartier … guess what’s China central bank chief’s watch of choice?
BEIJING — While the 1.5 hour morning press conference by the head of China's central bank may not have moved the financial markets, his taste for timepieces spurred a flurry of comments on social media. Mr Zhou Xiaochuan, governor of the People's Bank of ... ( read original story ...)
China Mobile, China Unicom, and China Telecom to report mostly downbeat results for 2016 this week, analysts’ polls say
Investors are likely to find a mixed bag of full-year earnings announcements from China’s telecommunications industry as the three major network operators kick off their latest reporting season this week. To further complicate matters, China Mobile ... ( read original story ...)