BEIJING — Since the 2009 global financial crisis hobbled most of the world’s developed countries, China has been the economic locomotive pulling the rest of the world behind it. As the economies of … (…
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Shanghai in No.5 spot among financial hubs
(Photo: People’s Daily Online) Shanghai retained the No.5 position but saw its score move closer to those of global hubs including New York and London, according to the 25th edition of the Global … (…
China’s acoustic cannon
Mr. Wong said the sonic weapons are made by private companies specializing in police equipment and that, while the cause of the diplomats’ injuries has not been confirmed, China would have … ( read original…
China’s banks must disclose financial stability data
Caixin reported that China’s banking regulator issued new rules requiring the disclosure of bank’s net stable funding ratio in order to comply with Basel III. The new rules also set stricter … ( read original…
Trump says trade deal ‘coming along nicely’ with China
The eight-month trade war between the world’s two largest economies has raised costs, roiled financial markets … top U.S. negotiators were going to China this weekend “to further the … ( read original story …)
South Korean Banks Grow Little in China in 2018
… in China have initiated full-scale risk management processes with South Korean companies in China scaling down their business in the country. The Financial Supervisory Service announced on March … ( read original story …)
HK residents can open mainland banking accounts in HK
as a new service was launched by Bank of China (Hong Kong) (BOCHK) on Wednesday. As the development of the Guangdong-Hong Kong-Macao Greater Bay Area moves forward, regulatory approval has been … ( read original…
Xiaomi weathers China smartphone slowdown but growth worries hit shares
Xiaomi’s quarterly results – the third set since its IPO in Hong Kong – show the company is weathering fairly well a slowdown in demand in China by increasing its focus on international markets. Its…
China’s Citic finds Wall Street values hard to stomach at CLSA
But more than that, the friction between the two sides symbolises the way China has put the internationalisation of its financial system on hold. The departure of the trio — Tang Zhenyi, a former ……
China’s Belt and Road Initiative goes to Italy
Each week, we focus on one of the major international stories making headlines, drawing upon the Financial Times’s team of foreign correspondents and analysts to make sense of world events. Presented … ( read original…
Shanghai’s innovation board promises to be growth booster: China Daily editorial
China is preparing for the launch of a sci-tech innovation board in a bid to leverage financial reforms. [Photo/VCG] The Shanghai Stock Exchange started accepting listing applications for its new … ( read original story…
Trump says tariffs on China could stay to ensure compliance
WASHINGTON — President Donald Trump says if the U.S. gets a trade deal with China, tariffs could stay in place for some time to ensure Beijing “lives by the deal.” Trump said Wednesday the White…
Trump Says Tariffs Will Stay Until China Complies With Any Deal
(Bloomberg) — President Donald Trump said he’ll keep tariffs on China until he’s sure Beijing is complying with any trade deal, refuting expectations that the two nations will agree to roll back … ( read…
