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…
Tagged By financials
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…
China’s central bank skips reverse repo for 31 trading days
A reverse repo is a process by which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future. [Photo/IC] BEIJING – The People … (…
China needs bailout and capital plans for crisis event: PBOC Advisor
People’s Bank of China adviser Ma Jun has probed the economy for triggers of financial turbulence, and proposed measures including direct bailouts of enterprises and bank recapitalisation should a cri… ( read original story …)
China Ramps Up Solar Exports After Reforms Hit Home Market
Beijing in June announced a surprise decision to clamp down on new solar plants and curb financial aid to developers after record installations in 2017. That may shrink China’s share of new global sol… (…
