A branch of the Bank of Beijing is seen on Sept 9, 2018. [Photo/VCG] The opening-up of China’s financial sector is seeing another landmark event as Bank of Beijing, one of the largest city commercial…
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Exclusive: U.S. threatens to derail meeting of Latam lender if China bars Venezuela
WASHINGTON (Reuters) – The United States on Thursday threatened to pull out of the annual meeting of the Inter-American Development Bank in China next week if Beijing refuses to allow a … ( read original…
Japan firms see prolonged Sino-U.S. trade war, China slowdown to persist: Reuters poll
Corporate fears of damage from the trade war and China’s slowdown are feeding growing expectations that the Bank of Japan will maintain its massive stimulus for some time. Those who want the … ( read…
China chemical plant blast kills 44, injures hundreds more
BEIJING — A massive explosion at a chemical plant in eastern China with a long record of safety violations has killed at least 44 people and injured hundreds of others, 90 of them seriously. ……
Asian stocks mixed on doubts over US-China trade deal
SINGAPORE — Asian markets were mixed on Friday as caution set in ahead of U.S.-China trade talks in Beijing next week. The Shanghai Composite index was 0.1 per cent lower at 3,097.81 while the Kospi…
China urges subsidies to help disease-hit pig farms restock
FINANCIAL STRAIN The steps come after ministry figures showed … said Yao Guiling, an analyst with China-America Commodity Data Analytics Co Ltd. Rabobank expects China’s hog production to fall by … ( read original story…
AETOS CEO On Doing Business in China: “Better Than the EU”
Draco Ng, elaborated to Finance Magnates on the state of the local industry and on the way which the company aims to remain relevant at a time when the industry is changing. Mr Ng thinks…
China Merchants Bank to start financial education program
Employees of China Merchants Bank are seen at a booth at a financial exhibition in Guangzhou, Guangdong province. [Photo by Liu Jiao/For China Daily] China Merchants Bank, one of the major lenders in … (…
China banks raise record US$48b in Q1
SEE ALSO: EU leaders to discuss stronger shield against Chinese influence The health of the world’s largest banking system is of global importance, given its key role in propping up China’s US$13 … ( read…
Death toll in China chemical plant explosion rises to 44
BEIJING — The death toll in an explosion at a chemical plant in eastern China has risen to 44, with another 90 people seriously injured, the local government reported Friday. Thursday’s blast at the ……
China’s Boeing threat has more bite than bark
Recall that Xiamen Airlines was reportedly mulling a break from a longstanding allegiance to Boeing in favour of Airbus, and that China and Airbus have had on-again/off-again talks about a separate … ( read original…
Frayed nerves as China kills off its zombie companies
In 2009, China launched a $600 billion stimulus program in an attempt to shield itself from the worst effects of the global financial crisis. Through its system of regional banks, the government … ( read…
China’s new bank lending falls sharply in February from record high
New bank lending in China fell sharply in February because of seasonal factors, and as the government took action to dampen speculative activities after lending hit a record high the previous month. … ( read…
