So much for deleveraging. China’s biggest shadow lenders are back. On the surface, it may look like regulators have managed to shrink the role of trust companies, after a wide-ranging, months-long … ( read original…
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China to stop all imports of ‘meat products’ from Canada starting Wednesday
EDMONTON — On the eve of Prime Minister Justin Trudeau’s trip to the G20, China has called a halt to all meat exports from Canada, an escalation of a burgeoning diplomatic dispute between the ……
China to stop all imports of ‘meat products’ from Canada on Wednesday
Relations between China and Canada nosedived in December after Vancouver police detained Meng Wanzhou, the chief financial officer of Huawei Technologies Co., on a U.S. arrest warrant. She denies … ( read original story …)
China to stop all imports of ‘meat products’ from Canada on Wednesday -media report
OTTAWA — China will turn away any “meat products” shipped from Canada starting on Wednesday, according to a report in Le Journal de Montreal, citing an official in the office of the Chinese … (…
India is cheapest solar energy producer; beats China, UK, US among others
Beating countries like China, which usually is the cheapest manufacturer of … Budget 2019: Fintech players expect tax relaxation to push financial inclusion, propel Digital India Budget 2019: … ( read original story …)
Top financial regulator plans more steps to open insurance sector
The middle- and high-end health insurance sector will become the investment priority for foreign insurers. [Photo/VCG] China’s top financial regulator plans to launch a new round of legislative … ( read original story …)
China Merchants Bank, Bank of Communications and Shanghai Pudong Development Bank dismiss US’s North Korea sanctions breach charges
Mainland Chinese commercial banks China Merchants Bank, Bank of Communications (Bocom) and Shanghai Pudong Development Bank (SPDB) on Tuesday dismissed allegations they were in possible breach of … ( read original story …)
China’s retail sales expected to slow as trade war looms- eMarketer
China’s retail sales is expected to grow at a slower-than- anticipated pace and would now overtake the United States only in 2021 as the trade war between Beijing and Washington takes a toll on ……
China criticizes possible US penalties against banks
The newspaper said the court didn’t identify the banks but their details fit the identities of Bank of Communications, China Merchants Bank and Shanghai Pudong Development Bank. “We consistently … ( read original story …)
UPDATE 1-Chinese bank may face U.S. action in N. Korean sanctions probe – Washington Post
Shanghai Pudong Development Bank could lose access to US dollars * Shares in China Merchants, BoCom, Shanghai Pudong fall (Adds details, background, stock move) A U.S. judge has found three large … ( read original…
China Merchants Bank says not involved in any probe related to sanction violations
BEIJING — China Merchants Bank said on Tuesday that it complies with related United Nations resolutions and Chinese laws, and is not involved in any investigations related to possible violations … ( read original story…
China shares fall as trade concerns break bull run
An index tracking Chinese banks fell 2.81%. China’s central bank said on Monday that more loans had been extended to small firms in the first five months of 2019. ** Banks also came under ……
China to issue first offshore government bond in Macau
China’s Ministry of Finance and Macau’s government said in a joint statement on Tuesday that the issuance “supports Macau’s particular financial development, is a key measure to push forward the … ( read original story…
