China Curbs Online Payment in Fresh Blow to Internet Finance - Bloomberg

BloombergChina Curbs Online Payment in Fresh Blow to Internet FinanceBloombergChina plans to tighten regulations governing the nation's 270 online-payment firms including Alibaba Group Holding Ltd.'s finance arm, dealing another blow to the booming business of Internet finance. Under draft rules published on July 31, the central ...China central bank defends online payment rules amid criticismFinancial Timesall 13 news articles »

Meet China's Stock Savior: He Never Saw the Crash Coming - Bloomberg

BloombergMeet China's Stock Savior: He Never Saw the Crash ComingBloombergAfter China's stocks crashed in June, the government put more than $400 billion at the disposal of a little-known state agency, the China Securities Finance Corp., headed by an academic and bureaucrat named Nie Qingping. It was told to save the market.and more »

Asian stocks near 2015 lows on China worry, dollar steadies - Yahoo Finance UK

Yahoo Finance UKAsian stocks near 2015 lows on China worry, dollar steadiesYahoo Finance UKIn line with weaker Asian stocks, financial spreadbetters expected a slightly lower open for Britain's FTSE (.FTSE), Germany's DAX (.GDAXI) and France's CAC (.FCHI). In a blow to risk sentiment, a private survey showed China's factory activity shrank ...Global Markets Weekahead - Commodities, currencies and China in the limelightYahoo News UKall 63 news articles »

China's online finance platforms face uncertain outlook - South China Morning Post (subscription)

South China Morning Post (subscription)China's online finance platforms face uncertain outlookSouth China Morning Post (subscription)Growth in the two darlings of mainland China internet finance - online money market funds and peer-to-peer lending (P2P) - have slowed after last year's freewheeling boom. Held up as examples of home grown innovation in internet finance, they were ...

Lending Platform China Rapid Finance Raises $35M Series C At A $1B Valuation - TechCrunch

TechCrunchLending Platform China Rapid Finance Raises $35M Series C At A $1B ValuationTechCrunchChina Rapid Finance, which claims to be the country's largest online consumer lending marketplace, has closed a $35 million Series C round led by Broadline Capital. The round pegs the company's pre-money valuation of $1 billion. China Rapid Finance is ...

How China's stock market bubbled ... then burst - Yahoo Finance - Yahoo News

Yahoo NewsHow China's stock market bubbled ... then burst - Yahoo FinanceYahoo NewsAs you may have noticed the Chinese stock market has been going haywire lately, causing stocks in the U.S. and around the world to gyrate wildly. Why did the Chinese market go up so much and then go way down? Why is it affecting the market here?China losing control as stocks crash despite emergency measuresTelegraph.co.ukChina markets rout resumes with 8.5% Shanghai sell-offFinancial TimesChina stocks suffer biggest one-day drop since the financial crisisCity A.M.Yahoo News UK -Town Hallall 2,242 news articles »



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Features - Editor, 22 October 2014

Trade Drops for Phase 1 of Canton Fair 2014

Held twice a year in the city of Guangzhou, capital of the Guangdong province, the Canton Fair has been running since 1957 and is considered to be the largest trade fair in China. The Canton Fair (full name being China Import and Export Fair) is organized by China Foreign Trade Center and supported by the Ministry of Commerce of China and People’s Government of the Guangdong Province. To accommodate the more than 150,000 different products showcased by more than 55,800 exhibitors, the Canton Fair is split into three sessions. Phase 1 of the current Canton Fair took place on October 15-19 and included Electronics & Household Electrical Appliances; Lighting Equipment; Machinery, Vehicles & Spare Parts; Hardware & Tools; Chemical Products; Energy Resources; and Building Materials. Phase 2 is set to take place on October 23-27 featuring Consumer Goods; Gifts; and Home Decorations. Phase 3 on October 31 to November 4 includes Office Supplies; Recreation Products; Cases & Bags; Food; Textiles & Garments; Shoes; and Medicines, Medical Devices & Health Products.

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Trade - Editor, 24 September 2014

China's Economic Growth Slows, Shadow Lending Grows

A recent report published by New York-based research company China Beige Book (CBB) revealed that China's economic growth is faltering, despite the government's 'mini-stimulus' strategies launched in May, which included a more relaxed approach to lending and a wave of infrastructure investment projects. The CBB report, which is compiled from surveys of more than 2,100 firms around China, noted that less than 20 percent of the firms surveyed borrowed in the third quarter, whether it be from the bond market, banks or shadow finance firms, which is a drop of 29 percent when compared to the third quarter of 2013. The report also shows that capital expenditures have dipped to the lowest level since the CBB survey began in 2012.

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News - Editor, 10 September 2014

China's e-Commerce Market Booming

As Chinese e-commerce company Alibaba prepares for its IPO through the New York Stock Exchange, the Dalian Wanda group in China announced on Friday that it would be entering into an e-commerce joint venture with Baidu and Tencent Holdings to be registered in Hong Kong. Wanda will own 70 percent of the new venture with Baidu and Tencent each holding 15 percent. The aim is to tap into China's e-commerce market, which is reportedly the largest in the world and currently dominated by Alibaba. The collaboration between the three companies will create the world's biggest online-to-offline (O2O) e-commerce platform, where people use their mobile devises to locate and buy goods and services, often while they are in or nearby the physical store.

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