China will be bolder in the opening up of its financial sector, Zhou Xiaochuan, the country’s central bank governor, said Friday.[Special coverage] Zhou made the remarks at a press conference on the sidelines of the…
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China’s financial reforms could quicken as financial supervision improves: PBOC governor
BEIJING (Reuters) – China’s financial reforms could quicken as financial supervision improves, People’s Bank of China governor Zhou Xiaochuan said on Friday on the sidelines of the annual parliament session. Controlling financial sector risk has…
China’s financial reforms could quicken as financial supervision improves – PBOC gov
BEIJING, March 9 (Reuters) – China’s financial reforms could quicken as financial supervision improves, People’s Bank of China governor Zhou Xiaochuan said on Friday on the sidelines of the annual parliament session. Controlling financial sector…
China’s top smartphone brands narrow the gap with Samsung in Southeast Asia
If there seems to be more people using Chinese smartphones in the streets of Kuala Lumpur, Jakarta or Manila, that is because these brands now collectively outsell Samsung Electronics, the long-standing market leader in Southeast…
China Bank to raise up to P50B
CHINA BANKING Corp. (China Bank) is set to conduct fund-raising activities to expand its business. In a disclosure to the local bourse on Thursday, the Sy-led China Bank said its board of directors approved a…
Foxconn gets China go-ahead for Shanghai IPO of subsidiary
SHANGHAI (Reuters) – China has approved the Shanghai listing of an internet and industrial-focused subsidiary of Taiwan’s Foxconn, which the world’s largest contract electronics manufacturer hopes will help fund new projects. Foxconnn, whose clients ……
Exclusive: China Resources Beer in talks to acquire Heineken’s China business – sources
HONG KONG (Reuters) – China Resources Beer (Holdings) Co Ltd is in talks to acquire Heineken NV’s China business in a deal that could be worth more than $1 billion, as the country’s largest brewer…
China will step up property controls in smaller cities – finance official
BEIJING, March 8 (Reuters) – A senior Communist Party economic official said he believes China will step up property control policies in smaller cities known as tier-three and tier-four cities. The comments were made by…
China looking to be more active in regional, global diplomacy
BEIJING – China wants an eight-nation group it and Russia have dominated … to maintain peace and stability in our region and beyond,” Wang told reporters at a news conference held on the fringes of…
Should You Be Happy With China Mobile Limited’s (HKG:941) Performance Lately?
Increase in profitability and industry-beating performance can be essential considerations in a stock for some investors. In this article, I will take a look at China Mobile Limited’s (SEHK:941) track record on a high level,…
China enlists Foxconn unit IPO in unification campaign
BEIJING/SHANGHAI — The fast-tracked approval process for the … Foxconn Industrial is seen raising 27.3 billion yuan ($4.3 billion) through the IPO. The purpose of the listing is “to expand our presence in the China…
Trade wars ‘harm the initiator’: China’s foreign minister just fired a warning shot at the US over Trump’s tariffs
China’s foreign minister Wang Yi said on Thursday that history shows trade wars harm the initiator as well as the target. Speaking at China’s annual legislative meeting, Wang said that if a trade war were…
China’s February exports surge, trade surplus widens
BEIJING — China’s exports surged in February while its politically sensitive trade surplus widened amid mounting tension with Washington. Exports rose 44.5 per cent over a year earlier to $171.6 billion, accelerating from January’s 11.1…