Hong Kong Stocks Swing on Finance Shares, China Resources Power - Businessweek

WantChinaTimesHong Kong Stocks Swing on Finance Shares, China Resources PowerBusinessweekHong Kong stocks fluctuated as financial shares rose and China Resources Power Holdings Co. led declines amid a corruption probe of its parent's chairman. The Hang Seng Index (HSI) rose 0.1 percent to 22,777.59 as of 9:48 a.m. in Hong Kong after ...China shares mixed on free trade zone plans, HK up on earningsReutersHong Kong finance workers to join protest for democracyThe Japan TimesHong Kong and Shanghai unveil plan to link stock marketsWantChinaTimesNew Tang Dynasty Televisionall 253 news articles »

China cuts RRR for rural financial institutions - Xinhua

China cuts RRR for rural financial institutionsXinhuaBEIJING, April 22 (Xinhua) -- China's central bank announced Tuesday it will cut the reserve requirement ratio (RRR) for county-level rural commercial banks by 2 percentage points and that of rural credit cooperative unions by 0.5 percentage points ...

China heightens alert over illegal funds as internet finance booms - Reuters

China heightens alert over illegal funds as internet finance boomsReutersHe particularly singled out cases conducted in the name of "crowd funding" and "P2P lending", two types of internet finance that are gaining increasing popularity among China's vast number of depositors. "As internet finance is developing rapidly, many ...China Warns of Illegal P2P Lending and Crowd Funding LoopholesInternational Business Times UKall 24 news articles »

Tech groups transform how finance is done in China - Financial Times

Tech groups transform how finance is done in ChinaFinancial TimesThat is the view of Tang Ning, one such financial entrepreneur and the founder of Creditease, a peer-to-peer lending platform. It is a sign of how far the sector has come in just a few short years. The internet is transforming the Chinese mainland. And ...

Russia, China aiming for dollar's demise: Jim Rickards - Yahoo Finance (blog)

NEWS.com.auRussia, China aiming for dollar's demise: Jim RickardsYahoo Finance (blog)Currency Wars detailed a Pentagon-sponsored excercise Rickards took part in back in 2009 -- the Pentagon's first-ever financial war game -- where players could not use actual, physical weapons like bombs, but could only use financial weapons like ...Aust, China look to free-up currency useYahoo!7 Newsall 23 news articles »

Forget Chanos. Cat CEO fights back on China - Yahoo!7 News

Economic TimesForget Chanos. Cat CEO fights back on ChinaYahoo!7 NewsAll of Caterpillar (CAT)'s businesses in China are "doing well," which was evident in the 30 percent increase in first-quarter sales there, Chairman and CEO Doug Oberhelman told CNBC on Thursday, after the heavy equipment maker announced a beat on ...Caterpillar Profits Up but Warns of China, Ukraine RisksIndustryWeekCaterpillar posts higher first-quarter profit, raises outlookBusiness Recorderall 110 news articles »

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Features - Editor, 2 April 2014

China Promotes New-Energy Vehicles

In an effort to boost sales of electric-powered cars, China is reportedly considering cutting or waiving the 10 percent purchase tax applicable to new car purchases. The promotion of what China refers to as 'new-energy vehicles' is part of the drive to reduce the country's dependence on fossil fuels, while at the same time addressing the ongoing, and worsening, problem of air pollution. Shares of China's biggest electric car manufacturer, BYD Co. Ltd. (1211:HK) have risen in Hong Kong trading in response to indications that the government is determined to increase efforts at promoting new-energy vehicles.


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Trade - Editor, 19 March 2014

Developer's Default Indicative of Economic Slowdown

In addition to experiencing a slowdown in its property sector, China's property market received a blow this week with the collapse of real estate developer Zhejiang Xingrun Real Estate Co. Two weeks ago Shanghai Chaori Solar Energy Science & Technology Co warned in a stock market filing that the company is unlikely to meet its interest payment of 89.9 million yuan (US$14.6 million) on the due date of March 7 – and indeed they were not able to, resulting in the country's first domestic bond default. Some analysts note that these are signs that China's economic growth is on a path of slowing down, while others warn that this may be likened to the Bears Stearns scenario in 2008, setting off the risk management meltdown of the investment bank industry on Wall Street.


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News - Editor, 5 March 2014

China Becomes India's Top Trading Partner

A recent report by the New Delhi-based industry trade group, the PHD Chamber of Commerce, reveals that China has replaced the United Arab Emirates as India's top trading partner, with Indian-Sino trade hitting $49.5 billion in the current fiscal year's first nine months. Referred to as "South-South" trade, this inter-regional trend among Asian countries reached $4.7 trillion in 2013, as noted in the United Nations Conference on Trade and Development (UNCTAD) Handbook of Statistics 2013. South-South trade accounts for more than 25 percent of total world exports.


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