“This is the first sustained downturn in memory,” said Michael Dunne, CEO of ZoZoGo, a firm that advises automakers on doing business in China. “We would have to go back to the Asian financial crisis…
Tagged By finance
Chinese tech titan Ant Financial in £500m bid for WorldFirst
The payments group affiliated to Alibaba (Berlin: AHLA.BE – news) , China’s biggest internet company, is in advanced talks about a $700m (£550m) takeover of WorldFirst, a British currency exchange sta… ( read original story…
China’s Huawei faces new setbacks in Europe’s telecom market
LONDON — The U.S. dispute with China over a ban on tech giant Huawei is spilling … Bans in Europe could significantly increase the financial pressures on Huawei. They would also cost Europe tens of…
China’s financial commission denies tax cut rumour during key economic meeting
China’s powerful financial stability commission, led by Chinese President Xi Jinping’s top economic aide, on Friday publicly denied a market rumour that Beijing had no plan to cut taxes at this week’s … ( read…
Does China’s bet on big data for credit scoring work?
When Ant Financial launched its credit scoring system, Sesame Credit, in January 2015, it said the data-driven product would “make credit more available to millions of consumers across China”, giving … ( read original story…
US and UK accuse China of cyber espionage campaign
The charges come amid a dramatic escalation of tensions between China and the US, which recently filed criminal charges against the chief financial officer of one of China’s most successful tech compa… ( read original…
China denies New York Times report on building military jets in Pakistan under CPEC
China on Friday dismissed as untrue a US media report that alleged that it has hatched a secret plan to build fighter jets and other military hardware in Pakistan as part of the USD 60…
China’s financial commission denies tax cut rumour
China’s powerful financial stability commission, led by Chinese President Xi Jinping’s top economic aide, on Friday publicly denied a market rumour that Beijing had no plan to cut taxes at … ( read original story…
CRU: Insight from China: The Trade War and Beyond
China was in that position in 2017 when its economy was relatively healthy, and it was able to push forward on its other objectives of a better environment, and financial market regulation to improve ……
China’s financial commission deny tax cut rumour during key economic meeting
China’s powerful financial stability commission, led by Chinese President Xi Jinping’s top economic aide, on Friday publicly denied a market rumour that Beijing had no plan to cut taxes at this week’s … ( read…
China denies any role in theft of western commercial secrets
China has denied any involvement in the theft of western commercial secrets, in a sharp rebuff to allegations by the US and the UK that Beijing has for several years run a cyber-based operation to…
Clock is ticking for Beijing to stimulate economy
The answer, according to a selection of analysts, is that if Beijing does not launch an economic stimulus package, things could get a whole lot worse. Capturing the sense of gloom was a tweet this…
China Is Said to Prioritize Capital Market Reform in Coming Year
Authorities came to a consensus on these key aims for China’s financial markets during the annual Central Economic Work Conference, according to the person, who asked not to be named as the decision i… (…
