China plans to levy a roughly $1 billion fine on Meituan for abusing its market position as antitrust regulators wrap up a four-month-old investigation into the food delivery giant, according to a …
Tagged By banking
China Merchants Bank wins a top award for Huawei ADN solution
China Merchants Bank has been named one of the best banking leaders at the 2021 Financial Insights Innovation Awards for a solution implemented with Huawei.
China’s GDP growth in second half of 2021 faces some downside risks: Nomura
Robert Subbaraman of Nomura lowers the bank’s forecast of China’s GDP growth to 5.1% in the third quarter and 4.4% in the fourth quarter. The Chinese economy faces some pressure from Covid resurgence …
China’s SMIC raises revenue expectations following strong Q2
China’s Semiconductor Manufacturing International Corporation (SMIC) reported strong sales of $1.34 billion in the second quarter of 2021 and raised its revenue expectations for the whole year, …
Margaret Zhang’s First Vogue China Cover Is Here
Many new faces feature in this September issue which is the first time readers can get a sense for where Zhang plans to take the magazine.
Huarong Investors Brace for Long-Awaited Financial Results
Four months after China Huarong Asset Management Co. shocked bondholders by failing to announce its 2020 results, the bad-debt manager may finally be on the cusp of unveiling its financial statements.
China’s debt reduction like putting the ‘genie back in the bottle’, but can it succeed to aid the economy?
China’s economy has largely recovered from the impact of the coronavirus, but its debt surged in 2020, forcing Beijing to set the bar higher for infrastructure projects amid rising risks of defaults …
China Telecom Seeks $7.3 Billion in World’s Top 2021 Listing
China Telecom Corp., one of the three mainland telecom carriers booted off the New York stock exchange, is planning to raise 47.1 billion yuan ($7.3 billion) from a listing in Shanghai that is set to…
Return of the fat cats? Bank bonuses rise as profits rebound
Protestors wearing costumes pose outside the venue for the HSBC Annual General Meeting (AGM) in London, Britain April 22, 2016. REUTERS/Lawrence White/File Photo …
China Stock Market Tipped To Open In The Green
The China stock market has alternated between positive and negative finishes through the last six trading days since the end of the four-day losing streak in which it had plunged more than 210 points …
JC Fulton Alliance – China Attractive to Foreign Multinationals
Economists at JC Fulton Alliance say recent data on China’s economy highlights the draw to business operations by foreign companies despite the restrictions imposed on them. In the second quarter of …
China drops in priority for US companies due to rocky relations, survey says
China fell slightly in priority for American companies over the past year as deteriorating US China relations continued to weigh heavily on executives, according to a trade group survey.
Foreign Languages Press depicts stories between China and its foreign friends
This year marks the 100th anniversary of the founding of the Communist Party of China (CPC). Over the past century, friends from around the world who developed a profound friendship with China and its …
