Large Chinese property developers are raising funds to refinance their debt, as investors voice concern over borrowing in the sector and authorities clamp down on leverage. Country Garden, Longfor Properties and China Evergrande Group are…
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China’s regulator pours cold water on debt-fuelled land purchases, starting with Shanghai
Some banks have stopped granting new credit lines to property developers, and stopped issuing loans for construction projects altogether, according to a report this week by China Securities Journal, a newspaper run by state-owned Xinhua…
UPDATE 1-Trump vows to protect U.S. intellectual property, without directly blaming China
WASHINGTON, Jan 30 (Reuters) – U.S. President Donald Trump vowed on Tuesday to protect American intellectual property, but made little mention of China, which his administration has accused of trade abuses, in his first State…
How China’s factories have made an unexpected legacy for Ivanka Trump
In this June 6, 2017, file photo, Chinese, American, and other international flags fly as women walk past a Huajian Group shoe factory, which made shoes for Ivanka Trump’s brand, in Ganzhou in southern China’s…
Chinese brands increasingly global: British market research firm
According to a report released Thursday by the London-based market research company, the fastest-growing brand comes from China. Wuliangye, a Chinese brand of aromatic liquor, grew a striking 161 percent year-on-year to 14.6 billion dollars,…
Hong Kong, China stocks brace for more downdraught
Hong Kong and Chinese stocks may still come under pressure on Friday, adding to a sell-off in the previous session, as the markets have yet to fully digest the implications of disappointing earnings prospects among…
Eyes on China at Singapore aviation gathering amid industry consolidation
The biennial show, the largest in Asia, will bring together buyers and sellers against the backdrop of China’s attempt to play a bigger role in a realigning global aerospace industry. The Chinese push into the…
Internet in China — no more safe havens?
Ferdinand Schaff from the Asia-Pacific Committee of German Business (APA) believes German companies active in China will have to change their approach. “Our firms will have to think twice before sharing any sort of information…
UK firms see ‘golden era’ in China
… bolstered by policy support such as the opening-up of financial markets and the government agenda of Healthy China 2030, UK business representatives said. “We’re delighted to announce that our wholly foreign-owned enterprise secured registration…
When it comes to energy, he said “America First”, I see “China First”
China is also investing in renewable energy R&D in an effort … Stay on top of the latest facts, information and resources aimed at the intersection of business and the environment. Sign up for the…
China cuts over 900 bln yuan in tax via VAT reform in 2017
China made further headway in cutting tax for enterprises in 2017 via its ongoing reform to replace business tax with value-added tax. A total of 918.6 billion yuan (145.98 billion U.S. dollars) was saved last…
Billions worth of business deals expected
China and the United Kingdom are sealing business deals worth up to 9 billion pounds ($12.75 billion or 80.7 billion yuan) during British Prime Minister Theresa May’s visit, the Ministry of Commerce said on Thursday.…
Behind kerfuffle over a ‘nationalized 5G network,’ real US-China concerns
The more difficult challenge will be reconciling Western economic ideals with China’s development strategy in cutting-edge technologies. At stake are trillions of dollars of business in industries that entrepreneurs are just beginning to dream up…
