SHANGHAI (Reuters) – China will remove foreign ownership caps for life insurers, securities firms and funding houses by 2020, a year earlier than scheduled, the top financial watchdog said on Saturday … ( read original…
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China Southern Airlines to receive $4 billion capital injection
It will also use the funds to serve its main air transportation business, pay for construction related to China’s Belt and Road Initiative and support aviation development in cities in the southern … ( read…
Is Viva China Holdings Limited’s (HKG:8032) CEO Paid At A Competitive Rate?
In 2013 Ning Li was appointed CEO of Viva China Holdings Limited (HKG:8032). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we … ( read original…
China’s refiners want tax cuts before making cleaner shipping fuel, sources say
China’s central government must waive a 1,218 yuan (US$177.11) per tonne consumption tax and offer rebates of the 13 per cent value-added tax currently levied on fuel oil to allow the country’s … ( read…
China calls on U.S. to ‘correct’ Iran sanctions
BEIJING — China urged Washington on Friday to “correct” sanctions imposed on Chinese companies accused of helping Iran acquire materials for its nuclear program. U.S. pressure on Iran and its … ( read original story…
China will ease policy further, but saving big ammunition for potential shocks: sources
BEIJING (Reuters) – China is keeping all its economic policy tools within reach as the trade war with the United States gets longer and costlier, but still sees more aggressive action like interest … (…
U.S.-China officials discuss trade; Mnuchin eyes possible in-person talks
China has countered that any deal needs to be … that discussions were at a standstill as Washington weighs limits over business with Huawei. Derek Scissors, a scholar at the American Enterprise … ( read…
U.S.-China trade talks continue, in-person meeting may be planned, Mnuchin says
China has countered that any deal needs to be fair and equitable … The Wall Street Journal reported this week that discussions were at a standstill as Washington weighs limits over business with … (…
Beach-Phobic No More: Bikini Envy Hits China
BEIJING, China — Fashion Week Miami Beach Swim, the world’s marquee swimwear showcase, came to a close on July 15. Over 1,000 brands exhibited their swimsuits to an audience of some 7,500 potential … (…
Yili Ranked as Third Most Valuable Food Brand in the World and Most Valuable in Asia
HOHHOT, China, July 18, 2019 /CNW/ — Yili Group, Asia’s largest dairy firm, ranks third in “Top 50 Most Valuable Food Brands in the World”, according to the Annual Report on the World’s Most Valuable…
China’s top liquor brand reports strong growth in H1
BEIJING – China’s top alcohol brand Kweichow Moutai saw its sales revenue jump by 18.24 percent year-on-year in the first half of this year, according to the company Wednesday. Moutai’s net profit … ( read…
Shanghai tech board opens door to broad China IPO reform
Such measures are welcome and long overdue. IPO reforms like this have been on Beijing’s radar for over a decade. The first 25 STAR listings are set to raise 37 billion yuan ($5.38 billion ……
Top China LPG Buyer Considers Singapore IPO for Trading Unit
(Bloomberg) — Oriental Energy Co., China’s biggest importer of liquefied petroleum gas, is considering an initial public offering of its trading and logistics unit on the Singapore stock exchange. … ( read original story …)