Chinese banking regulators have told lenders to crack down on the use of consumer loans to finance home purchases, the latest effort to cool down the overheated property market and rein in financial risk. In…
Tagged By beijing
China’s massive property bubble creates mad scramble to take on decades of debt
Massive infusions of cash by way of the central bank, combined with runaway mass panic-buying has stampeded Chinese people into buying into the property markets in boomtowns like Shenzhen, despite the insane prices that almost…
Tillerson Plays Good Cop on North Korea in Beijing Trip
Secretary of State Rex Tillerson’s public acknowledgment that the U.S. has direct channels to North Korea has underscored his role as an administration moderate when it comes to reining in the regime over its nuclear…
Beijing’s bitcoin crackdown sends market sliding
A delegation of Australian Bitcoin entrepreneurs have arrived in China to find a chorus of official condemnation of the dangers of “virtual currencies”, amid a crackdown on the world’s biggest Bitcoin market. ( read original…
Jo Konta’s place at year-end WTA Championship in danger after fifth straight loss in Beijing Open first round
Jo Konta’s alarming slump in form has continued to the point where she could jeopardise her chances of a place in the prestigious, year-end WTA Championships. The British No 1 was painful to watch as…
Manny transports Vegas glitz to Beijing
BEIJING – Sen. Manny Pacquiao brought a taste of Las Vegas to this Chinese capital as he put on a glittering event of nine fights, highlighted by the pro debut of Rio Olympian Lu Bin,…
Israel, China set up first accelerator program in Beijing
Israel’s Ministry of Economy and Industry said Sunday it was setting up a first China-Israel accelerator program in Beijing together with Chinese partner ShengJing Group, a fund-of-funds manager and consulting firm. The program aims to…
China Steers Credit to Small Business With Targeted Reserve Cut
China took action to ensure credit reaches small business, rural borrowers and startups, a move tailored to shore up the economy as a vital political transition approaches. The People’s Bank of China announced late Saturday…
China oil giant enters Singapore petrol station business
Chinese oil giant Sinopec is muscling into the Singapore petrol station business, having outbid the incumbents for two sites recently. Observers said this could lead to more competitive petrol prices for consumers. It is the…
PT Expo China 2017 closes with 59,600 unique attendees recorded
Embassies and trading organizations passionately participated in “The Belt and Road Initiative” Trading Fair, a new series activity during the event that connects entities from outside China with Chinese companies for international business promoting. (…
Why China needs Asean and you
During the past decade, China has made studied and steady steps to enlarge its economic influence around the globe. We think of that in terms of issues, such as its military expansion in the South…
Thousands in Hong Kong participate in ‘anti-authoritarian rule’ march against China
Pro-democracy activists carry a banner reading “anti-authority, against suppression”, during a protest on China’s National Day in Hong Kong Thomson Reuters HONG KONG (Reuters) – Tens of thousands marched in China-ruled Hong Kong on Sunday…
U.S. IPO Weekly Recap: Roku Streams Ahead In Week Of 6 IPOs
In another strong week for IPOs, six companies combined to raise $1.2 billion … RYB Education, a provider of early childhood education in China, priced above the range at $18.50 and raised $144 million. It…
