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China enhances appeal to foreign investment

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China should create “a stable, fair, transparent and predictable business environment,” and speed up efforts to build an open economy to promote the sustainable and healthy development of the Chinese economy, according to a meeting…

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China Bank posts 10% profit growth

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Sy family-led China Bank Corp. boosted its six-month net profit by 10 percent year-on-year to P3.6 billion, driven by its robust lending business and other recurring income. This first semester performance translated to a return…

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China bank IPOs lose allure

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Small Chinese banks that have listed in Hong Kong in the past year are badly underperforming the rest of the market – and their exposure to China’s shadow banking system may be a major reason.Lack…

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Douban reforms budgets, weighs listing

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“Paying for valuable content online is becoming increasingly accepted by more users, and in that sense, Douban is now taking the right business path,” Liu Dingding, a Beijing-based independent … Douban would conduct an IPO…

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