TOKYO (Reuters) – Japan’s government downgraded its assessment of the economy in March for the first time in three years, blaming a bruising U.S.-China trade war for slumping exports and industrial … ( read original…
Tagged By banking
China smartphone maker Xiaomi beats profit view, sees more global expansion
This marks the third set of financial results for the company since its IPO in Hong … Speaking on a call with reporters, Xiaomi CFO Shou Zi Chew said that sales from outside of China…
China will fund 2 railway projects in Luzon, Mindanao – DOF
During the Philippine delegation’s courtesy visit last Tuesday to China Vice President Wang Qishan in Beijing, Finance Secretary Carlos G. Dominguez III said that the Philippines and China were … ( read original story …)
China Buyer JL Vision Picks Up Oz Sci-Fi ‘2067’ With Kodi Smit-McPhee & Ryan Kwanten, First Look Image
and was financed with support from Elevate Production Finance. Kew Media Distribution is handling all territory sales outside of China, and Australia and New Zealand, where Umbrella Entertainment will … ( read original story …)
Top Philippine nickel miner says 2019 ore sales steady, exports to China to fall
its chief financial officer told Reuters. Nickel Asia accounts for about half of the nickel ore output in the world’s second-biggest supplier of the metal. Its ores are exported to customers in China … (…
As Xi heads to Italy, China takes Belt and Road controversy in its stride
Asked about China’s possible investment in a port in … The two sides will sign commercial pacts on infrastructure, machinery and finance, he added. Italy’s drive to be the first Group … ( read original…
Huawei crisis spurs welcome rethink of Canada-China relations: expert
However, it was written before the arrest of Huawei chief financial officer Meng Wanzhou on December 1, 2018. Manthorpe said the fallout from Meng’s arrest is the worst crisis in Canada-China … ( read original…
It’s China Slowdown — Not the Trade War — Investors See as the Bigger Risk
(Bloomberg) — A slowdown in China’s economy — not the trade war — is now the biggest risk for investors for the first time in almost two years, according to the latest fund manager survey…
Italy to join China’s Belt and Road initiative over US worry
MILAN — Premier Giuseppe Conte pledged Tuesday to make Italy the first Group of Seven nation to join China’s ambitious Belt and Road initiative, despite objections from the United States and concerns … ( read…
China’s tit-for-tat detention of two Canadians is a test
Years ago, as a UN official, I watched China’s long coming out. After focusing in the early years of Deng Xiaoping’s leadership on economic reform and development, China shifted to a focus on … (…
European foreign policy: a new realism on China
“China has discovered it can pick off different EU members … Most northern member states have distanced themselves from the initiative, under which Beijing seeks to finance and build infrastructure … ( read original story…
China state investment giant drops coal
A SDIC spokesperson confirmed his comments, which have not previously been reported outside China, when contacted by The Australian Financial Review. SDIC’s investment focus was now on healthcare, … ( read original story …)
China banks face huge capital hole as stimulus spurs lending
China’s bank regulator has forcefully implemented the global Basel III rules on bank capital adequacy as it seeks to fortify lenders against financial risks from a decade of rapid debt growth, which … ( read…