Deutsche Bank AG upgraded shares of China Mobile (Hong Kong) Ltd. (NYSE:CHL) from a hold rating to a buy rating in a research report released on Tuesday. CHL has been the subject of a number…
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Amid Beijing's 'Silk Road' splurge, Chinese firms eye Pakistan
“This will facilitate more financial support for our enterprises,” Sun said … The Chinese interest comes as Islamabad and Beijing discuss the next phase of CPEC: how to build Pakistan’s industry with the help of…
China raises short-term interest rates in fresh tightening sign
China’s central bank surprised financial markets on Friday by raising short-term interest rates on the first day back from a long holiday, in a further sign of policy tightening as the economy shows signs of…
Correction: Trump-China story
BEIJING, China – In a story Jan. 21 about reactions to Donald … “It’s really uncertain whether he can properly run the U.S.,” Wei said. “A business person can run a country very well, but…
China service trade deficit rises in December
BEIJING – China’s foreign service trade deficit continued to grow last month, the State Administration of Foreign Exchange (SAFE) said Thursday. The deficit stood at $26.1 billion in December, up from $25.4 billion in November…
China tourism revenue rakes in $61.7 billion in new year holidays
BEIJING: China’s tourism industry has raked in USD 61.7 billion in revenue during the on going Chinese New Year holidays with more affluent people becoming increasingly keen to travel. The volume marked a year-on-year increase…
China tourism revenue surges in week-long holiday
BEIJING – China’s tourism industry raked in 423.3 billion yuan ($61.7 billion) in revenue during the Lunar New Year holiday, as more affluent people become increasingly keen to travel. The volume marked a year-on-year increase…
The stocks linked to China’s missing tycoon Xiao Jianhua
Xiao Jianhua (肖建華), ranked 32nd with his wife on Hurun’s China Rich List 2016, is estimated to be worth US$5.97 billion. A Peking University graduate, he founded his business in 1993 through three closely held…
Apple sees business in mainland China picking up, but Hong Kong not so much
Greater China was Apple’s weakest market for another quarter, but CEO Tim Cook says it is actually doing better in mainland China, with Hong Kong accounting for much of the weakness. Overall, quarterly sales in…
China Stocks Fall as Central Bank Tightens Policy
China stocks snapped a five-day winning streak on Friday after Beijing unexpectedly raised short-term interest rates on the first trading day after the Lunar New Year holiday, in a further sign it has moved to…
As Trump sows tensions with Mexico, Beijing may reap rewards
The world’s number-two economy is closely watching as Trump threatens to renegotiate the North American Free Trade Agreement and presses Mexican President Enrique Peña Nieto to finance construction … trading partner, and Beijing is likely…
China raises short-term interest rates in fresh tightening signal
SHANGHAI (Reuters) – China’s central bank surprised financial markets on Friday by raising short-term interest rates on the first day back from a long holiday, in a further sign of a tightening policy bias as…
China net 2016 outflows at record $725 billion: IIF
LONDON Capital outflows from China surged last year to a record $725 billion and could pick up further if U.S. firms face political pressure to repatriate profits, the Institute of International Finance said on Thursday.…
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