Despite political tensions that have seen China block a range of Australian exports over the past year, the massive iron ore trade has remained unscathed.
Tagged By banking
Global Banks Losing Share in China’s $186 Billion Loan Market
Global banks are losing share in the $186 billion lending market for Chinese borrowers offshore, falling behind local rivals boosting their presence just as the nation’s corporate sector recovers from …
China April new bank loans fall to 1.47 trillion yuan, below forecast
Chinese banks extended 1.47 trillion yuan ($228.21 billion) in new yuan loans in April, down from March and missing analysts’ expectations. Analysts polled by Reuters had predicted new yuan loans …
Beijing’s Investment Opportunities for Foreign-Owned Investors
We profile Beijing’s investment opportunities in key services and technology industries, based on recent market-openings and roll-out of incentives.
China Leads on Central Bank Digital Currency
The broader adoption of general-purpose central bank digital currencies (CBDCs) will present authorities with trade-offs between the associated risks and benef …
China Finance Online: Q4 Earnings Snapshot
China Finance Online Co. (JRJC) on Monday reported a loss of $5.6 million in its fourth quarter. On a per-share basis, the Beijing-based company said it had a loss of $2.44. The financial information …
China Finance Online Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading …
Beijing Cracks Down on Fan Culture
Hundreds of Chinese fan clubs have pledged to rein in unruly behavior. How will this impact brands who bank on crazed consumer spending? What Happened: Notorious for taking their love to the extreme, …
Goldman Sachs seeks to hire more than 400 employees in China, Hong Kong
The American investment bank plans to increase its staff in China and Hong Kong after it reached an agreement to take full control of its mainland joint venture in December.
China’s Finance Ministry: Will extend tariff exemption for some US imported products from May 19
EUR/USD is trading below 1.2150 but off the lows, as US Treasury yields retreat and weigh on the dollar. Earlier, the safe-haven greenback benefited from flows after China reported disappointing data.
China stocks end at over 2-month high on consumer, healthcare boost; Shanghai Composite closes nearly 1% higher
The blue-chip CSI300 index rose 1.5 per cent, to 5,184.99, its highest closing level since March 5, while the Shanghai Composite Index added 0.8 per cent to 3,517.62, strongest closing level since …
China’s Recovery Comes Off Boil as Consumer Spending Lags
China’s economic activity moderated in April from its record expansion in the first quarter as retail sales missed forecasts.
China’s Recovery Remains Unbalanced as Consumer Spending Lags
China’s recovery was a mixed bag in April, with industrial output and investment buoyed by strong exports and a hot property market, while retail sales missed forecasts.Industrial output rose 9.8% in …