BEIJING China’s five biggest state-owned banks are to set up asset management companies (AMCs) to undertake debt-for-equity swaps, the financial publisher Caixin reported on Wednesday. The five state-run banks are Industrial and Commercial Bank of…
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As Trump disses TPP, China says to 'play role' in Asia-Pacific integration
BEIJING (Reuters) – China will “play its role” in promoting economic integration in the Asia-Pacific, the foreign ministry said on Wednesday, after U.S. President-elect Donald Trump said he would kill an ambitious regional trade pact.…
Issues in China have not gone away: Expert
China will heat up again as domestic debt problems and trade policy changes expected by president-elect Donald Trump come into sharper focus, says Charlene Chu at Autonomous Research Asia. ( read original story …)
Financial warfare: China and the US T-Bills
The new President Trump appears to be making a confrontation with China the core of his trade policy. If China does not conduct trade in a fairer manner, the US will proceed to introduce import…
The Man Who Ran China’s Biggest Bank Looks West
Will China—home to bad-debt-burdened banks, heavily indebted companies, and an overheated housing industry—be the scene of the world’s next financial train wreck? The debate is one of the biggest in global finance. To bearish investment…
China Fibretech replies to SGX queries on financial statements
DYE maker China Fibretech has responded to queries by Singapore Exchange (SGX) surrounding its financial results for the third quarter ended September and the first nine months of the year. In a filing to the…
China New Borun Announces Third Quarter 2016 Unaudited Financial Results
BEIJING, Nov. 22, 2016 /PRNewswire/ — China New Borun Corporation (NYSE: BORN; “Borun” or the “Company”), a leading producer and distributor of corn-based edible alcohol in China, today announced its unaudited financial results for the…
Tonymoly builds new manufacturing plant in China
Korean K-Beauty favourite, Tonymoly, invests 23 bn won (€19.1 mn) in a new production facility in Zhejiang Province, China. Tonymoly will build the unit through its Chinese cosmetics affiliate Megacos, a manufacturer and seller of…
Wowo Limited Reports Third Quarter 2016 Unaudited Financial Results
JMU), a leading B2B online e-commerce platform that provides integrated services to suppliers and customers in the foodservice industry in China, today announced its unaudited financial results for the third quarter of 2016 ended September…
BRIEF-China Fortune Financial updates on agreement with Mankind Investment
* China fortune financial-entered into cinda subscription agreement with Mankind Investment, a wholly-owned subsidiary of china cinda * Cinda subscription agreement deal in principal amount of HK$110.8 million Source text for Eikon: Further company ……
China Sees Strategic Opportunities, But Also Economic Troubles, In Trump's Victory
In this world, not only does China cherish confidence derived mainly from reform and opening up as well as from its dramatic economic takeoff, but developed countries also had much self-confidence, especially prior to the…
China Banking : Bank raises P9.6-B via LTNCD
MANILA, Philippines – China Banking Corp. successfully raised close to P9. 6 billion through the issuance of long-term negotiable certificates of time deposits (LTNCD) to support its strategic initiatives and business expansion. This is the…
China Xiniya Fashion Limited Reports 2016 First Half Financial Results
FUJIAN, CHINA / ACCESSWIRE / November 21, 2016 / China Xiniya Fashion Limited (NYSE: XNY) (“Xiniya” or the “Company”) today reported financial results for the first half of 2016. The unaudited consolidated financial statements and…
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