Dollar bonds sold by China’s property developers are being lapped up by investors, lured by the companies’ stronger earnings and improving credit profiles. Notes sold in July and August by Chinese developers attracted orders 6.3 times the issue size ... ( read original story ...)
Widow of Chinese dissident Liu back in Beijing: NGO
Liu Xia, the widow of Chinese Nobel Peace Prize winner Liu Xiaobo who died in detention in July, is back in Beijing but still under house arrest, a Hong Kong NGO said Sunday. Liu had been kept incommunicado by the authorities for almost a month, her lawyer ... ( read original story ...)
China: BRICS and stones may break our loans
China’s leader has the same priorities for his country – and a plan built with BRICS to make sure things go his way. John Moody is Executive Vice President, Executive Editor for Fox News. A former Rome bureau chief for Time magazine, he is the author ... ( read original story ...)
China’s Huawei unveils mobile AI assistant
Chinese electronics giant Huawei on Saturday unveiled its first mobile personal assistant with artificial intelligence in Berlin, in hopes it will rival the dominance of Samsung's Bixby and Apple's Siri. "Smartphones are smart but they are not intelligent ... ( read original story ...)
Chinese president urges BRICS nations to oppose protectionism
XIAMEN, China -- Chinese President Xi Jinping on Sunday called for the world to reject protectionism even as American and European pressure mounts on Beijing to lower market barriers, speaking at the start of a Chinese-led summit of five large emerging ... ( read original story ...)
Migrant workers’ tears as schools and homes flattened in Beijing
Chinese authorities have begun demolishing schools attended by some of the capital's poorest children, in a crackdown that could leave thousands without access to education. On the outskirts of Beijing we found large swathes of housing reduced to rubble ... ( read original story ...)
China’s big banks improve profitability as smaller lenders lag
But smaller, national and regional lenders — which control about a third of China’s banking assets — are still feeling the strain, hit by a regulatory crackdown on risky activity that has made it difficult to sell some products and access the capital ... ( read original story ...)
China’s Xi says BRICS must promote open world economy
XIAMEN, China (Reuters) - The BRICS group of emerging economies must promote trade liberalization and an open world economy, Chinese President Xi Jinping said at a business meeting on Sunday at the start of a three-day summit being held in southeastern China. ( read original story ...)
China’s mobile payment systems put to the test on a cash-free day out in Shenzhen
Two hundred yuan (30 US dollars, HK$235) for a SIM card with one gigabyte of data. “It’s a really good deal,” the salesman reassures us. We are in the southern Chinese city of Shenzhen and about to spend a day there without a cent in hard cash. ( read original story ...)
China Needs Rapid Growth to Ease Huge Debt Bubble
When it stops growing it collapses." China has lots of first-rate infrastructure and talented people. But a financial crisis there would surely do damage to the world economy, including the US. Better for China to reform now, than to risk a financial ... ( read original story ...)