BEIJING: Chinese state-run shipping giant COSCO Shipping Development Co said on Tuesday that it holds a 3.74% stake in Bank of Kunlun, which has acted as a key official channel for money flows between …
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India blocks bank accounts of China’s ByteDance, company mounts challenge
China has repeatedly criticised India’s move and said it suspected … In mid-March, authorities ordered two of ByteDance India’s bank accounts in Citibank and HSBC to be blocked because of alleged …
Yahoo Finance: Tom Lydon Talks China Buys And Infrastructure Potential
Joining the “ETF Report” with host Alexis Christoforous on Yahoo Finance, ETF Trends’ CEO, Tom Lydon, was on hand to talk about where the record amount of ETF flows has been heading over the past…
China Evergrande vows to meet Beijing’s ‘three red lines’ by 2023
China Evergrande Group, the country’s most indebted private borrower, vowed on Wednesday to bring its finances into compliance with “three red lines” set last year by Beijing to restrict further …
A bank shot for Saudi Arabia in the China-Iran deal
The best way to call attention to Tehran’s hypocrisy in working with Beijing is by comparing the Uyghur cause to … Perhaps; although “realist” may be another word to describe such a bank shot for…
How China uses trade as a weapon
Beijing’s aggressive attitude towards Australia shows how China uses trade and investment as tools to punish countries who challenge it. FT global China editor James Kynge and Australia correspondent …
UK trade secretary Liz Truss urges WTO reform to ‘get tough on China and their behaviour’
Liz Truss told G7 meeting that China should no longer be designated a developing nation, claiming it was ‘ludicrous that some countries can evade market disciplines’.
Suez Canal blockage: China to see minor raw material disruptions, but accident further exposes ‘risks’ of global supply chains
The Suez Canal blockage will have limited impact on China’s economy, but may prompt firms to once again consider diversifying global supply chains after the shock of the coronavirus, economists say.
Chinese state shipping giant Cosco holds stake in Bank of Kunlun
Subscribe to our Telegram channel for the latest updates on news you need to know. BEIJING, March 30 — Chinese state-run shipping giant Cosco Shipping Development Co said yesterday that it holds a …
Industrial Bank net profits up 1.15 pct in 2020
Industrial Bank Co., Ltd., one of the first batch of joint-stock commercial banks on the Chinese mainland, saw its net profits rise 1.15 percent in 2020. Its net profit attributable to shareholders …
Bank of China’s New Boss Seeks to Allay Concerns Over Rise in Lender’s Dud Loans
The incoming president of Bank of China has sought to dispel concerns about an increase in non-performing loans at the lender by saying fluctuations in bad loan levels are no cause for worry so long…
China container maker reaping rewards as Suez Canal blockage adds to global shortage, demand set for record high
Sidney Leng joined the Post in 2015 after spending a year and a half working for US media, including National Public Radio and Foreign Policy Magazine. He has been covering China’s macroeconomic …
China Approves Restructuring of Sinochem and ChemChina
(Bloomberg) — China gave approval for a restructuring … said in November 2019 that they were exploring a merger and working on finance and legal matters. The deal would create an oil-to …
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