(Bloomberg) — China’s alternative to the American-owned GPS extended its coverage beyond the Asia-Pacific region with a goal of becoming a dominating technology in the future, spurring gains in share… ( read original story …)
Tagged By finance
Bank of China, China Construction Bank get wealth management units in shake up of US$4.3 trillion industry
Beijing has given two of China’s biggest banks the go-ahead to set up wealth management units, a move that could create a new growth engine for an industry struggling to sustain profitability. The Ban… (…
China to Speed Up Approval for Foreign-Owned Financial Firms
Sources: China Banking and Insurance Regulatory Commission, Asset Management Association of China, Securities Association of China, Oliver Wyman, Casey Quirk, Bloomberg Economics Chinese officials hav… ( read original story …)
China says new financial information rules aimed at providers for institutions
BEIJING (Reuters) – China’s internet regulator said on Friday the recently published rules governing financial information providers are aimed at firms supplying information to an institutional … ( read original story …)
China central bank pledges prudent monetary policy and a stable yuan
BEIJING (Reuters) – China’s central bank said on Thursday it will maintain a prudent monetary policy and keep the Chinese currency basically stable while offering “reasonably ample” liquidity to … ( read original story …)
Tesla sets up Shanghai financial leasing unit as China plans accelerate
BEIJING (Reuters) – Tesla Inc has registered a financial leasing company in China, a local business registration filing shows, in the latest sign the U.S. electric car maker is attempting to speed up … (…
Beijing Tong Ren Tang Chinese Medicine Company Limited (HKG:3613) Is Trading At A 30.53% Discount
View our latest analysis for Beijing Tong Ren Tang Chinese Medicine … To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research ……
China’s middle class hit by shadow banking defaults
A senior manager at the Beijing office of a large US tech company did not want his boss to know he spent his vacation days protesting outside government offices. It is difficult to put exact…
U.S.-China Trade Talks to Take Place in Beijing in Early Jan.
(Bloomberg) — A U.S. government delegation will travel to Beijing in the week of Jan. 7 to hold trade talks with Chinese officials, two people familiar with the matter said. Deputy U.S. Trade Represe… (…
China Studying Plans to Boost Bank Capital Amid Lending Push
(Bloomberg) — Chinese authorities are studying plans to help banks replenish capital as they look to continue with their crackdown on financial risk without hurting credit growth. Key Insights … ( read original story …)
China’s central bank drains liquidity from market
BEIJING, Dec. 26 (Xinhua) — China’s central bank drained liquidity from the financial system Wednesday. The People’s Bank of China (PBOC) conducted 20 billion yuan (about 2.9 billion U.S. dollars) of … ( read original…
UPDATE 1-China tells domestic online financial info providers to keep ‘economic order’
* Move comes as China tightens grip on internet, economy slows (Adds details, official comments) BEIJING, Dec 26 (Reuters) – China’s cyber watchdog on Wednesday issued new regulations for domestic fin… ( read original story…
China tells domestic online financial info providers to keep ‘economic order’
China’s cyber watchdog on Wednesday issued new regulations for domestic financial information providers, in an apparent crackdown on online content deemed detrimental to the country’s financial stabil… ( read original story …)
