To promote new methods of financing to back China’s transition to cleaner growth, Beijing opened five “green finance” pilot zones. Under the program, the government is going to spend at least three trillion yuan ($450…
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China Firms Call for More Tax Cuts in Government Survey
and challenging project,” Liu Shangxi, the head of the academy, which is under the Ministry of Finance, told a news conference in Beijing. Besides the tax costs, Chinese firms are having to pay increasingly higher…
China New Borun to Report Second Quarter 2017 Financial Results
Company to Hold Conference Call on August 23 at 8:00 a.m. E.T.– BEIJING, Aug. 4, 2017 /PRNewswire/ — China … today announced that it plans to release its unaudited financial results for the second quarter…
China strives to reduce financial risk
Risk control and serving the real economy will be the major tasks of China’s financial sector in H2. Guarding against systemic financial risk is vital to the health of the economy and so the government…
China takes bigger steps on financial opening up
China has quickened the pace of opening up its financial market to spur economic growth, raise financial sector competitiveness and actively participate in the global market. Last month, overseas investors gained direct access to the…
Exclusive: China regulators plan to crack down further on overseas deals
SAFE said in a written reply to questions from Reuters that it would strengthen China’s financial market regulations along with other financial supervisory authorities to ward off overseas investment risks while promoting trade and investment.…
Chinese regulators step in to calm market jitters over crackdown of overseas asset acquisitions
Two of China’s financial regulators have stepped in to calm market jitters about the government’s crackdown on overseas deals, denying reports that they would further discourage and scrutinise the overseas acquisitions by several of the…
Economic Watch: China strives to reduce financial risk
BEIJING, Aug. 3 (Xinhua) — Risk control and serving the real economy will be the major tasks of China’s financial sector in H2. Guarding against systemic financial risk is vital to the health of the…
Hong Kong stocks retreat from two-year high as StanChart slides
The Hang Seng China Enterprises Index, known as the H-share index … they are still waiting for opportunities to buy,” said Alex Wong, a director at Ample Finance Group. Financials were mixed on Thursday, with…
Mouser Electronics Receives Outstanding Brand Image Award at China Finance Summit
Daphne Tien (center), Mouser’s Vice President of Asia Marketing and Business Development, receives the 2017 Outstanding Brand Image Award at the 6th annual China Finance Summit. August 3, 2017 – Mouser Electronics, Inc., the authorized…
China Hedge Fund Says Most ‘Violent’ Phase of Deleveraging Over
Wang said he’s more positive about A-shares than six months ago and expects market liquidity to improve gradually as concerns about the threat of a financial crisis in China start to dissipate. Some of Beijing’s…
Beijing Banks Slow Off-Balance Sheet and Interbank Actions
(Beijing) — Commercial banks in Beijing are shrinking interbank and off-balance sheet business activities as financial regulators step up efforts to reduce financial leverage and contain the fast-growing shadow banking system. By the end of…
China Cracking Down on Harmful Websites
China held a drill with internet service providers to practice cracking down websites that are deemed harmful as the country prepares for a sensitive five-year political reshuffle set to take place later this year. Internet…
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