CCB, entrusted to handle Baoshang’s business operations, itself faces slowing profit growth as well as Beijing’s order to lend more to private companies. Even government policy lender, China … ( read original story …)
Tagged By banking
China Suspends Canada Meat Imports Citing Forged Documents
The move also comes at time of escalating tension between the nations after Canada arrested Huawei Technologies Co. Chief Financial Officer Meng Wanzhou at the request of U.S. authorities last year. … ( read original…
Morrison steps out on China, carefully
China is now assessing the implications of the return of the … whether this be in technology, payments systems, financial services or other areas,” the Prime Minister told an Asialink event in … ( read…
Nike reportedly pulled a shoe line from China after its designer supported Hong Kong protests
Nike canceled the China sale of a range of sports shoes designed by Undercover, the brand of Japanese designer Jun Takahashi, the Financial Times reported. Earlier this month, Undercover posted on its … ( read…
Three China Banks Fall After Report on North Korea Sanctions
China Merchants Bank Co., Bank of Communications Co. and Shanghai Pudong Development Bank Co. fell in Shanghai and Hong Kong trading after the Washington Post said that a U.S. judge found three … ( read…
China Is Losing the War Against Shadow Banking
So much for deleveraging. China’s biggest shadow lenders are back. On the surface, it may look like regulators have managed to shrink the role of trust companies, after a wide-ranging, months-long … ( read original…
China to stop all imports of ‘meat products’ from Canada starting Wednesday
EDMONTON — On the eve of Prime Minister Justin Trudeau’s trip to the G20, China has called a halt to all meat exports from Canada, an escalation of a burgeoning diplomatic dispute between the ……
China to stop all imports of ‘meat products’ from Canada on Wednesday
Relations between China and Canada nosedived in December after Vancouver police detained Meng Wanzhou, the chief financial officer of Huawei Technologies Co., on a U.S. arrest warrant. She denies … ( read original story …)
China to stop all imports of ‘meat products’ from Canada on Wednesday -media report
OTTAWA — China will turn away any “meat products” shipped from Canada starting on Wednesday, according to a report in Le Journal de Montreal, citing an official in the office of the Chinese … (…
India is cheapest solar energy producer; beats China, UK, US among others
Beating countries like China, which usually is the cheapest manufacturer of … Budget 2019: Fintech players expect tax relaxation to push financial inclusion, propel Digital India Budget 2019: … ( read original story …)
Top financial regulator plans more steps to open insurance sector
The middle- and high-end health insurance sector will become the investment priority for foreign insurers. [Photo/VCG] China’s top financial regulator plans to launch a new round of legislative … ( read original story …)
China Merchants Bank, Bank of Communications and Shanghai Pudong Development Bank dismiss US’s North Korea sanctions breach charges
Mainland Chinese commercial banks China Merchants Bank, Bank of Communications (Bocom) and Shanghai Pudong Development Bank (SPDB) on Tuesday dismissed allegations they were in possible breach of … ( read original story …)
China’s retail sales expected to slow as trade war looms- eMarketer
China’s retail sales is expected to grow at a slower-than- anticipated pace and would now overtake the United States only in 2021 as the trade war between Beijing and Washington takes a toll on ……
