China’s official Xinhua News Agency has called for the rein … and had been illegally conducting financing business, according to Xinhua. The PBOC considers bitcoin a commodity and not a currency, which ruled it out…
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China moves to curb overseas acquisitions as firms’ debt levels rise
The curbs were announced in a document released on Friday by the state council, China’s cabinet, in the latest move to halt a string of foreign acquisitions. This week the International Monetary Fund described China’s…
The US just fired the first shot in a trade war with China
“The law hasn’t been used in 15 years and there’s a good reason for that,” economist Chad Bown of the Peterson Institute for International Economics told Business Insider. “We built a brand-new trading system so…
China’s booming e-commerce industry needs better offline infrastructure, experts say
Although China’s e-commerce industry is growing at a rapid rate, industry experts point to offline infrastructure as a future bottleneck unless more investment is made in this area. Online retail sales in mainland China amounted…
China home price growth cools for second month in July
New home prices in China’s 70 major cities rose 0.4% in July from a month earlier, easing from 0.7% growth in June, data out Friday showed. Beijing prices slipped for the second straight month. China…
L Brands: Down 7% On Earnings, But This 6% Yielding Stock Might Have Better Days Ahead
And, by then, it will also have opened several new stores in China. This article will discuss why long-term value and income investors might want to take a closer look at L Brands. For the…
Consumer loyalty and growing individualism pose challenges: Brand Summit China
All brands are after Chinese consumers and their rising incomes, but they are also a fickle lot. For example, only 54 brands which made the list of China’s top 100 brands list in 2007 (part…
Hong Kong designer Vivienne Tam first China stores to open
“People have been asking me for years, “Vivienne, when are you going to open stores in China?’ Finally it’s here. This is another milestone, a new chapter for my brand … it’s taken many years,…
China’s first listed bike-sharing firm surges in Shanghai debut
China’s first listed bike-sharing firm surged to its 44 per … the Jiangsu province-based company closed the day at 38.66 yuan, up 11.81 yuan from its IPO price of 26.85 yuan. The company’s revenue reached…
China’s Alibaba outstrips revenue estimates with online sales growth
Alibaba, China’s top e-commerce firm, beat analyst’s estimates with a 56 per cent rise in first-quarter revenue, driven by growth in online sales which make up most of its business. Thursday’s results show that Alibaba…
Exclusive: China’s CEFC in early talks to buy Rosneft stake – sources
HONG KONG/BEIJING (Reuters) – CEFC China Energy, which has grown from a niche oil trader … One person familiar with Rosneft said it would be open to selling CEFC a stake in its retail business,…
China warns Washington against ‘trade war’
BEIJING — China’s government on Thursday warned “there is no winner in a trade war” after an aide to President Donald Trump called in published comments for a tougher stance toward Beijing. A foreign ministry…
IP Group loses investor after China cracks down on foreign investment
IP Group Plc (LON:IPO) said Beijing Galaxy World Group has pulled out its plans to make an investment in the British intellectual-property firm after hitting a regulatory roadblock in China. The Beijing company, which describes…
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