He added that anyone who transferred through Hong Kong airport, a major international hub, would be at risk of extradition to China under the amendment. He said the case of Meng Wanzhou, the chief fin……
Tagged By finance
Financial products keeping step with surging demand
Financial firms have also set lending caps to prevent defaults. Half of the borrowers have a spending limit of 2,000 yuan or below. China’s consumer finance market is projected to grow to $1.6 trillio… (…
China’s Huawei soft power push raises hard questions
The cheery corporate message contrasts with the standoff over the arrest of Huawei Chief Financial Officer Meng Wanzhou on a U.S. warrant. In what looks like retaliation, China detained two Canadians … ( read original…
Trump pick for World Bank chief spent years criticizing its mission
If confirmed to run the bank, Malpass would seek to reduce lending to middle … of the state in China’s economy and has participated in ongoing trade talks with Beijing. But he was forced into…
Mnuchin in Beijing for crunch US-China trade talks
Mnuchin appeared at a Beijing hotel a couple of days ahead of scheduled high … President Donald Trump’s nominee to lead the World Bank, in negotiations set for Thursday and Friday. China’s delegatio… ( read…
US, China envoys hold last talks before March 1 deadline
Beijing has tried to deflect pressure by emphasizing China’s growth as an export market. It has announced a series of changes over the past year to open finance and other fields, including allowing fu… (…
Mnuchin hopes for ‘productive’ trade meetings in China
BEIJING (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Wednesday he hopes for “productive” trade meetings in China this week, as the two countries seek to hammer out an agreement amid a fe… (…
U.S.-China Trade Talks Face Big Obstacle: Ensuring That Promises Are Kept
BEIJING — When China joined the World Trade Organization, the global fraternity of cross-border commerce, it promised to open itself up to foreigners in lucrative businesses like banking, telecommunic… ( read original story …)
China: New Guidance to Implement Blockchain in Agriculture Finance Sector
The Chinese government has issued the “Guiding Opinions on Rural Service Revitalization of Financial Services,” according to an official announcement on Feb. 11. The new framework is part of a … ( read original story…
Does Beijing Urban Construction Design & Development Group Co., Limited’s (HKG:1599) P/E Ratio Signal A Buying Opportunity?
Beijing Urban Construction Design & Development … To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely … ( read original…
China unveils guidelines on financial services for rural rejuvenation
BEIJING (Reuters) – China on Monday issued guidelines to improve financial services for rural rejuvenation, vowing to encourage local governments’ special bonds issuance to support projects in the cou… ( read original story …)
U.S. Naval Patrol Prompts Chinese Protest as Trade Talks Start
(Bloomberg) — China accused the U.S. of “tricks” as two American warships sailed through waters claimed by Beijing on the eve of high-level trade talks. China’s foreign ministry said the country’s na… ( read original…
Chinese banks named top banking brands
Visitors check out new financial products at ICBC’s booth at the Beijing International Wealth Managment Expo … as four Chinese banks led by the Industrial and Commercial Bank of China (ICBC) are nam… ( read…
