China’s push to lead the global development of electric cars is nearing a moment of truth. Two of the largest start-ups in the industry — both Chinese — launched new passenger vehicles in the last…
Tagged By finance
China’s ‘pent up demand’ may prop up Hong Kong’s property market in 2019
“If you look at the basic fundamentals, unless we get a financial crisis in China or something like that, I think we’re looking at a correction — not a crisis in the Hong Kong property…
Deutsche Bank ready to help German companies’ China ambitions as trade war pushes Beijing closer to Europe, says Asia chief
Deutsche Bank said it is ready to support German companies’ growing ambitions in China. It expects German firms to increase their investments as the US-China trade war prompts Beijing to deepen its ti… ( read…
China’s $856 Billion Startup Juggernaut Is Getting Stuck
(Bloomberg Opinion) — If you’re impressed by Masayoshi Son’s $100 billion Vision Fund, China’s $856 billion in “guidance funds” will blow your mind. The country is quickly becoming a major player in … ( read…
Boeing opens first 737 plant in China amid U.S.-Sino trade war
ZHOUSHAN, China (Reuters) – Boeing Co opened its first 737 completion plant in China on Saturday, a strategic investment aimed at building a sales lead over arch-rival Airbus in one of the world’s top ……
China’s consumers, factories take a beating as economic gloom deepens
Over the weekend, China reported far softer than expected November exports and imports, reflecting slower global demand and waning domestic factory activity as profit margins narrow. With economic gro… ( read original story …)
Canada-China Tensions Spell Big Trouble for Canada Goose Holdings Inc. (TSX:GOOS) Stock
Canada Goose has been caught in the crossfire of an unfolding diplomatic crisis between China and Canada. This began after Canadian authorities arrested Meng Wanzhou, the chief financial officer of Ch… ( read original story…
China Seeks to Defuse Trade War With Reversals on Cars and Corn
The 25 percent tariff imposed on vehicles as a tit-for-tat measure will be scrapped starting Jan. 1, the finance ministry said Friday. China also may buy at least 3 million metric tons of American cor……
China says to halt additional tariffs on U.S.-made cars from Jan. 1
BEIJING (Reuters) – China will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1, 2019, the country’s finance ministry said on Friday, following a … ( read original story…
Exclusive: China Development Bank supervising HNA asset sales – sources
HONG KONG/BEIJING (Reuters) – China Development Bank (CDB) is leading a team to supervise HNA Group’s asset disposals as the heavily indebted conglomerate scales back operations to a point that will l… ( read original…
Does China Financial Services Holdings Limited’s (HKG:605) CEO Pay Reflect Performance?
In 2011 Luo Rui was appointed CEO of China Financial Services Holdings Limited (HKG:605). First, this article will compare CEO compensation with compensation at similar sized companies. After that … ( read original story …)
Ahead of China anniversary, trade war fans calls for faster market reforms
China has long said it would further liberalize its vast market … made a similar call at a recent finance forum in Beijing. “It will be very difficult for a society to maintain systematic progress…
China’s central bank keen to avoid ‘irrational panic’ despite economic slowdown, says governor
China’s central bank will continue to fine-tune its monetary policy in a timely manner to better offset the slowdown in the country’s economy and look to maintain the stability of yuan exchange rate b… (…
