China’s banking watchdog has publicly acknowledged that household debt levels are becoming a cause for concern. In an interview published in Monday’s People’s Daily, the official mouthpiece of the ruling Communist Party, Guo Shuqing, chairman…
Tagged By finance
Big portion of future GM electric vehicles for China market: executive
DETROIT (Reuters) – General Motors Co’s China unit will sell a “substantial portion” of the automaker’s future electric vehicles, GM China President Matt Tsien said on Wednesday. In a briefing at GM headquarters, Tsien said,…
Hong Kong needs more financial innovation to effectively tap Greater Bay Area opportunities
HNA Innovation Finance Group Zhang Yuge, China Development Institute’s director of Hong Kong and Macau Studies, said more local policies to promote economic cooperation between Hong Kong and the rest of the bay area were…
China banking regulator chief warns ‘black swan’ event could threaten financial stability
China’s banking regulator chief warned that a “black swan,” or an unforeseen event could threaten the country’s financial stability, official People’s Daily reported on Wednesday. In an interview with the paper, Guo Shuqing said that…
Uoolu to Bring Together 100 Global Leading Developers at Beijing Summit
View original content with multimedia:http://www.prnewswire.com/news-releases/uoolu-to-bring-together-100-global-leading-developers-at-beijing-summit-300582974.html Marcus s is the lead editor for Our Finance Daily. He holds a B.A. in Psychology from the … ( read original story …)
UPDATE 2-China 2017 non-financial ODI posts first decline since records began
* Dec non-financial ODI rises 49 pct y/y to $12.53 bln * 2017 non-financial ODI falls 29.4 pct to $120.08 bln * Dec FDI drops 9.2 pct y/y to 73.94 billion yuan * 2017 FDI…
UPDATE 1-China 2017 non-financial overseas investment falls 29.4 pct y/y
* Dec non-financial ODI rises 49 pct y/y to $12.53 bln * 2017 non-financial ODI falls 29.4 pct to $120.08 bln * Dec FDI drops 9.2 pct y/y to 73.94 billion yuan * 2017 FDI…
China 2017 non-financial ODI down 29.4 pct y/y to $120.08 bln – media
BEIJING, Jan 16 (Reuters) – China’s non-financial outbound direct investment in 2017 fell 29.4 percent year-on-year to $120.08 billion, the business daily Securities Times newspaper reported on Tuesday, quoting a commerce ministry official. Irrational ……
Mainland China to Enhance Banking Oversight Amid Rampant Financial Risks
China’s financial regulator vows to implement additional measures to crack down on shadow banking and tighten control over lending practices in order to contain the debt accumulation by the private sector and state-owned enterprises, as…
BRIEF-China Shandong Hi-Speed Financial Group’s Unit Xiang Long To Grant A Loan Of Rmb160 Mln To Borrower
Jan 15 (Reuters) – China Shandong Hi-Speed Financial Group Ltd: * UNIT XIANG LONG TO GRANT A LOAN OF RMB160 MILLION TO BORROWER; INTEREST RATE AT 12 PERCENT Source text for Eikon: Further company coverage:…
Apple’s iPhone 7 Plus was the second-best selling phone in China in 2017
Apple was the only foreign brand to have a smartphone model in the top 10 best-selling handsets in China in 2017. The iPhone 7 Plus managed 2.8 percent of all sales in the world’s largest…
Barry Callebaut sees China’s potential as one of the world’s biggest chocolate markets
Celebrates 10-year anniversary of its chocolate factory in China SHANGHAI, Jan. 15, 2018 /PRNewswire/ — The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, celebrates the 10th anniversary of its…
Banking on China’s global ambitions
In 2013, China unveiled a Silk Road plan for the 21 st century – a strategy that aims to boost trade and productivity between the country and others across Asia, Africa and Europe. The strategy,…
ADVERTISEMENT
