Slowing economic growth and shrinking net interest margins are leading to rising bad debt and sluggish profit growth. Most of China’s bad debt is from “old economy” sectors most of which are struggling with overcapacity…
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Hong Kong lawmakers barred by Beijing from office
Beijing has made an unprecedented intervention in Hong Kong politics to block two lawmakers from taking office. Pro-independence elected lawmakers Sixtus Leung and Yau Wai-ching have refused to pledge allegiance to Beijing when being sworn…
Rights advocates express alarm after China police official chosen as head of Interpol
BEIJING – A top Chinese police official was elected president of Interpol on Thursday, setting off alarm bells among rights advocates over abuses and lack of transparency within China’s legal system. Vice Public Security Minister…
UK and China seek to bury power plant spat with deeper finance ties
LONDON Britain and China smoothed over a diplomatic spat on Thursday as top finance officials announced closer cooperation between stock exchanges in the two countries and other initiatives in the financial services sector. British finance…
U.K., China Agree ‘Strategic Plan’ for Financial Services
LONDON—The U.K. and China on Thursday agreed to deepen ties between their financial services industries, in part of Britain’s ongoing push to establish London as a global hub for Chinese finance that has gained added…
UK-China 8th Economic and Financial Dialogue: financial services
Plans for London-Shanghai Stock Connect to progress to next stage as part of long-term, strategic plan for financial services cooperation between UK and China. The London-Shanghai Stock Connect – the first of its kind outside…
Hong Kong's economic growth to ease in third-quarter on China slowdown
continuing to take a toll on the Asian financial centre. The once vibrant city is also grappling with a slowdown in China, while its outlook has been hurt by rising tensions with Beijing that could…
China Cord Blood Corporation to Report Second Quarter and First Half Fiscal 2017 Financial Results
China Cord Blood Corporation (NYSE: CO) (the “Company”) today announced that it plans to release financial results for the second quarter and first half fiscal year 2017 on Thursday, November 17, 2016, after the market…
Ousted China Finance Minister Lou's Unfinished Tasks
China’s local governments have accumulated RMB24 trillion … it builds up a large amount of leverage throughout the financial system, which is a potential risk to financial stability. Throughout his term, Lou devoted much of…
Developing financial systems to support sustainable growth in China
The ESRC and National Natural Science Foundation of China (NSFC) are pleased to announce nine new collaborative research projects that seek to develop and deepen our understanding of the Chinese financial system and its crucial…
China's Tianjin Airlines extends China-Britain service
China´s Tianjin Airlines has extended China-Britain service with the addition of a new flight route from London to Xi´an, capital of Northwest China´s Shaanxi province, the company said. The new flight service will be operated…
China auto sales rise in October over demand for SUVs
BEIJING — China’s auto sales rose 20.3 per cent in October from a year earlier, propelled by surging demand for sport utility vehicles. An industry group, the China Association of Automobile Manufacturers, reported Thursday dealers…
Airshow China: A Thieves' Bazaar
On November 1, Airshow China in Zhuhai unveiled stolen technology from at least one U.S. company. In a marquee spectacle that underwhelmed viewers, Aviation Industry Corporation of China (AVIC) revealed its J-20 stealth fighter for…
