China reported a growth of 6.9% in the second quarter, topping the market expectation as consumption spending continued to be the leading factor driving China’s economic growth, according to analysts at Natixis. “Fixed asset investment…
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Chinese builders to flock to bond markets as maturities, calls loom
Times Property, for example, issued 5-year bonds in April at … pointing to several billion dollars worth that could be refinanced by the end of the year. Greentown China called its bonds due 2019 on…
Ronshine China Holdings Limited — Moody’s: M&A transactions to reach record high in China’s property market in 2017
SEE ALSO: The Fed’s plan to start shrinking its balance sheet could have unforeseen consequences » ( read original story …)
China held a massive military parade showing off its might — and it could surpass the US by 2030
China’s president, Xi Jinping, presiding over the country’s massive military parade in inner Mongolia. CCTV Chinese President Xi Jinping on Sunday presided over a massive military parade from an open-topped jeep, declaring, “The world is…
How China’s biggest bank became ensnared in a sprawling money laundering probe
Xu Kai, who was arrested and released on bail in late 2012, fled to China. She couldn’t be reached for comment. The court filings and wiretap transcripts reviewed by Reuters indicate that within eight months…
Chinese regulator to fast-track reform of registration-based initial public offerings system
China Business News reported. The China Securities Regulatory Commission (CSRC) will speed up the establishment of basic systems in a bid to guard against financial risks during the second half of this year, Li Huiyong,…
A Crackdown on Unfettered Internet Access Is Jeopardizing China’s Pro-Business Credentials
Another big political meeting, another crackdown on Virtual Private Networks (VPNs) — the location-shifting software many in China use to access websites banned by its government, such as Facebook, YouTube and Google. “We have been…
Starbucks buys back its eastern China operation in record deal
Long-term joint-venture partners Uni-President Enterprises and President Chain Store Corporation ceded their 50% stake in the business to Starbucks, which plans to build on its ongoing investments in China, its fastest-growing market outside America. (…
China shut 42.4 million tonnes of steel capacity in the first half
SHANGHAI: China shut 42.39 million tonnes of crude steel capacity in the first half of 2017, equal to 84% of its target for the whole year, a government official said at a meeting of the…
China’s PMI numbers fall slightly in July
Hot weather and flooding in some parts of China temporarily disrupted business activity and dragged the overall index lower. Likewise, the new orders index slid to 52.8 in July from 53.1 and the new export…
Apple removes VPN apps in China as Beijing doubles down on censorship
Beijing appeared to have doubled down on its crackdown of the internet in China, with news emerging that over the weekend, Apple pulled several virtual private network (VPN) services from the local version of the…
Chinese official says no link between US trade and N. Korea
BEIJING — A senior Chinese trade official said Monday the issue of China-U.S. trade should be kept separate from the issue of North Korean security threats, pushing back on statements from President Donald Trump. Vice…
Beijing bans the use and teaching of the Uyghur language in Xinjiang schools
The decree will come into effect at the beginning of the new school year. Schools will have to use Mandarin, according to the principle of bilingual education. The government announces severe punishment for anyone who…
