TOKYO (Reuters) – Nomura Holdings Inc is ready to serve wealthy Chinese as soon as the world’s second-largest economy allows foreign financial institutions to open securities brokerages, the chief executive of Japan’s biggest brokerage and…
Tagged By beijing
China extends pilot plan to mortgage rural land rights
China’s top legislature on Wednesday approved a decision to extend a pilot program allowing farmers in selected areas to mortgage their land use rights and housing property rights. The decision was made by the Standing…
Automotive – Beijing’s Electric Vehicle push aims for a global Chinese auto brand
But while mainland producers may lead the industry by number of new vehicles sold, China has yet to develop a car brand that rivals the cachet of Audi, BMV, Mercedes, or even some General Motors…
Cash is dead as small businesses opt for e-payment in China’s digitalisation drive
By June this year, China’s third-party payment market according to consultancy … For restaurant owner Lin, there is a need to further digitalise his business. “The apps collected a big amount of data through the…
A command and control structure that works only in China
It seems that China’s leaders have now forsaken Deng Xiaoping’s advice to tao guang yang hui (“keep a low profile”). In declaring a “new era” for China during October’s 19th National Congress in Beijing, President…
China spotted illegally selling oil to North Korea, report says
told the news organization. Cai added the “tightening … reflects China’s stance.” More on North Korea… It’s unknown if China supplies crude oil to the North, but it’s believed by industry insiders that China provides…
As China smothers Xinjiang, even mild critics are silenced
BEIJING — Zhang Haitao was a rare voice in China, a member of the ethnic Han majority who for years had criticized the government on social media for its treatment of the minority Muslim Uighurs.…
Taiwan president says China military causing regional instability
TAIPEI (Reuters) – China’s frequent military activity is causing regional instability, Taiwan President Tsai Ing-wen said on Thursday, adding that the island’s forces have been keeping a close eye on what they are up to.…
Huawei’s China smartphone sales chief detained for suspected bribe-taking
“We take our business ethics extremely seriously, and have zero tolerance for corrupt behaviour.” It gave no further comment. In an internal memo to staff, however, Huawei said Teng Hongfei, the Greater China sales head…
China’s Geely takes $3.3-billion stake in Swedish truck maker Volvo
AB Volvo owns 45 per cent of Dongfeng Commercial Vehicles, one of China’s largest truck makers, and also has a significant construction equipment business in China. The value of the investment amounted to around 27.2…
China extends tax rebate on hybrid and electric cars
China will extend a tax rebate on purchases of so-called new-energy vehicles (NEV) until the end of 2020, a boost for hybrid and electric car makers amid a shift by policy-makers away from the traditional…
Sunac China Holdings Increases Stake in LeEco’s Le Vision Pictures
The drama of China’s entertainment and tech group LeEco continues to unfold as property developer Sunac China Holdings has increased its stake in one of the troubled group’s subsidiaries. According to an announcement made on…
China defends sanctions work after report of NK oil transfer
BEIJING – China’s foreign ministry has defended its enforcement of U.N. sanctions against North Korea following reports Chinese ships improperly transferred oil to North Korean vessels at sea. A ministry spokeswoman, Hua Chunying, said Wednesday…
