(Bloomberg) — One of China’s largest listed drug makers said related parties used the firm’s funds to trade its shares, a day after the securities regulator alleged financial data had been fabricated … ( read…
Tagged By finance
Huawei CFO house arrest contrasts with Canadians detained in China
TORONTO (Reuters) – Huawei Chief Financial Officer Meng Wanzhou described … the two Canadians detained in solitary confinement in China for a similar length of time. Daughter of Huawei … ( read original story …)
US-China trade war: who will blink first?
The fact that US growth held firm even after past rounds of tariffs sent tremors through financial markets emboldened the president to take a tougher line in the talks with China. But unless a deal…
China’s Former Top Securities Regulator Under Investigation
He was chairman of the China Securities Regulatory Commission for three years before being replaced in January by Yi Huiman. Several financial regulators have been brought down in the past few years … ( read…
A $19 Billion Test Is Coming Straight for China’s Battered Yuan
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. China’s yuan, already battered by the U.S. trade dispute, will soon have a catalyst…
360 Finance: A Unique ‘Tech-Giant Backed’ Fintech Opportunity
360 Finance (QFIN) provides a unique opportunity for investors to get a share of the “Tech Giant Backed” fintech league in China; Its connection with Qihoo 360 Group provides significant advantage … ( read original…
China Tech Can’t Spend Its Way Out of This Mess
Spoiler alert: profitability plummets. China’s biggest tech companies are not only battling a sustained economic slowdown, they’re getting to the natural end of a decades-long expansion – fueled by … ( read original story …)
Trade war: Trump’s tariffs could cost China big
This effort will fail unless the government can overcome three habits that tend to reassert themselves whenever economic and financial insecurities increase in China. The first is the tendency for … ( read original story…
China to further open up financial sector: central bank
BEIJING, May 19 (Xinhua) — China has made remarkable progress in opening up its financial sector and will continue to expand opening-up of the sector, the central bank said. In expanding … ( read original…
Belt and Road Brings Chinese Finance to the Gulf
During his meeting with the King of Bahrain, Sheikh Hamad bin Isa al-Khalifa, in 2013, Xi Jinping stated that China would deepen financial cooperation with Gulf countries. In recent years … ( read original story…
China Doesn’t Want to Be Like the West
(Bloomberg Opinion) — Theories abound for why the U.S.-China trade talks collapsed into stalemate, from misplaced overconfidence on the part of Beijing to President Donald Trump’s calculation that a … ( read original story …)
Canada has ‘very few options’ to secure release of Canadians being held in China: experts
Kovrig and Spavor were detained shortly after Chinese tech company Huawei’s chief financial officer Meng … is “deeply concerned” about China’s latest move. Goodale said the arrests … ( read original story …)
China’s ban on scrap imports a boon to US recycling plants
ALBANY, N.Y. — The halt on China’s imports of wastepaper and plastic that has disrupted U.S. recycling programs has also spurred investment in American plants that process recyclables. U.S. paper … ( read original story…
