China has banned all Security Token Offerings and all activities linked to them. The government wants to regulate the new tokens before legalizing them to eliminate cases of fraud. The emerging crypto… ( read original…
Tagged By finance
China Says Canada Violated Bilateral Agreement in Huawei Arrest
(Bloomberg) — China accused Canada of violating a bilateral agreement by failing to speedily inform its consulate of the arrest of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou, as ten… ( read original story…
China to Announce Resumption in U.S. Soy Purchases Soon
or will follow a cut in tariffs, they said. China’s commerce ministry and the finance ministry have not replied to faxes seeking comments. ( read original story …)
China slams ‘inhumane’ treatment of Huawei executive
China on Monday ratcheted up its protest over … saying Meng has been accused of “conspiracy to defraud multiple financial institutions”. If convicted, she faces more than 30 years in prison. ( read original story…
China summons US ambassador over Huawei arrest
China summoned the US ambassador on Sunday to … The arrest of Huawei’s chief financial officer Meng Wanzhou has infuriated Beijing, which demanded Washington drop its extradition request … ( read original story …)
China deliberates draft rules targeting financial holding companies: sources
BEIJING (Reuters) – China’s central bank has started seeking internal feedback on draft rules regulating financial holding companies, targeting big-name conglomerates that hold multiple financial lice… ( read original story …)
China Summons US Ambassador Over Huawei Official’s Arrest
China summoned the US ambassador on Sunday to protest the “extremely bad” arrest of telecom giant Huawei’s chief financial officer in Canada and demand that the United States drop its extradition requ… ( read original…
China calls on Canada to free Huawei CFO Meng Wanzhou or face consequences
China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd’s chief financial officer, calling the case “extremely nasty”. Chin… ( read original story …)
China Telecom joins with tycoon to challenge Philippine duopoly
“Looking at the business potential the Chinese market can bring, it’s just a no-brainer,” Mr Uy told the Financial Times days after the deal was signed, endorsing Mr Duterte’s economic and political t… ( read…
China’s real endgame in the trade war runs through Europe
SCHLOSS ELMAU, GERMANY – Hungarian Prime Minister Viktor Orban recently shared some history with a friend, explaining why he reached out to China’s then-Premier Wen Jiabao in 2011, seeking urgent fina… ( read original story…
China’s Yuan Policy Is a Bad Kabuki Play
(It retreated on Wednesday and again on Thursday after the chief financial officer of Huawei Technologies Co. was arrested in Canada at the U.S.’s request, enraging China.) While we can’t say for sure … (…
China calls on Canada to free Huawei CFO or face consequences
BEIJING/OTTAWA (Reuters) – China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd’s [HWT.UL] chief financial officer, call… ( read original story …)
China watchdog calls for banks to meet private sector credit demand: China Party journal
BEIJING (Reuters) – China’s banking and insurance regulator is calling for banks to meet credit demand from private firms “to the greatest possible extent”, a top journal of China’s ruling Communist P… ( read original…
