Chinese iQiyi Buys Mobile Game Developer
Nasdaq-listed video streaming service provider iQiyi Inc. said Tuesday it took over Chinese mobile game developer Skymoons Digital Entertainment Co. in a
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China Increased US Treasury Bonds for First Time in Three Months
China boosted its holdings of US treasury bonds in May, snapping three straight months of declines. The largest holder of US government
Chinese Pinduoduo Doubles Nasdaq IPO Target to US$1.87 Billion
Pinduoduo, China’s leading online group discounter, has nearly doubled the amount of money it aims to raise through an initial public offering
PBOC cut Yuan’s fixing by 63 pips to 6.6821 per USD, lower for the fourth straight day, the weakest level since 9th August 2017.
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Chinese Economy Shows Turning Point, Further Slowdown Expected
China’s economic growth moderated as expected in the second quarter amid ongoing government efforts to cut debt levels which crimp economic activities
Faraday Future’s Founder Jia Yueting Gets to Stay as CEO Till Year-End
Jia Yueting, the embattled Chinese businessman who founded Faraday Future, will be allowed by its biggest shareholder to keep control over the
China’s Q2 GDP Growth Slipped to 6.7%, Further Slowdown Expected
China’s economic growth slipped to 6.7 percent in the second quarter, but stayed on par with expectations despite trade tensions with the
BMW to be First Foreign Firm With Controlling Stake in Auto JV
Whether shareholding ratios in Chinese-foreign joint ventures will change is forming the focus of widespread attention as China gradually eases its curbs
Xiaomi Tumbled After Excluded From Stock Connect Scheme by Chinese Exchanges
Chinese smartphone maker Xiaomi’s shares tumbled in Hong Kong on Monday, reversing four consecutive days of advances, as the company finds itself
China’s Real Estate Investment Cools as Government Crackdown Continues
China saw its real estate development investment grow at the slowest growth in six months in June as developers face tightening restrictions
Chinese ZTE Shares Surge After US Lifts Supplier Ban
Chinese telecom equipment maker ZTE Corp surged more than 12 per cent in Hong Kong on Monday after the United States lifted
China is seeing another shakeout in P2P lending
Tighter scrutiny by financial regulators could lead to another shakeout in China’s fiercely competitive peer-to-peer (P2P) lending sector and delay the issuing
China’s M2 Money Supply Hit New Record Low in June
China’s broad money supply growth or M2, a key gauge of inflation, retreated to a record low in June, despite a slight
China refutes US allegations of IPR theft “groundless”
China said Friday that its attitude on respecting and protecting intellectual property rights (IPR) is serious and its actions are effective, calling
China’s exports keep rising amid trade tensions with the US
China’s foreign trade increased 7.9 per cent year-on-year to 14.12 trillion yuan ($2.12 trillion) in the first half of 2018, despite escalating
Two-Year Weak Exports Push Global Manufacturing PMI to 11-Month Low
The headline JPMorgan Global Manufacturing PMI, fell from 53.1 in May to 53.0 in June, its lowest since July of last year.
China Warns Over Threatened Tariffs Before Taking Effects
China’s Commerce Ministry on Thursday said that 59 per cent of the $34 billion imports subject to United States tariffs are produced
Pessimism Piles on Asia Pacific Stock Markets, in Particular China
Asia Pacific stock markets have been through turbulence in the past two weeks. Looking ahead, analysts and strategists from the world’s biggest
China Moving Closer to Reserves Cut, Marginal Monetary Easing Expected
While China has pledged to push forward with a deleveraging campaign to cut debt levels and prevent systemic risks, more and more
Offshore Yuan breaks through 6.5 per USD mark to weakest in five months
Chinese currency the yuan continued to depreciate on Thursday, breaking through the critical psychological line of 6.5 per USD in the offshore
China Pledges Targeted Reserve Cuts to Boost Lending to Small Firms
China pledged targeted cuts in banks’ reserve requirement ratio (RRR) and other monetary policy tools to boost lending to small and micro
Google to Invests $550 Million in Chinese Online Shopping Mall JD.com
Technology giant Google is placing $550 million bet on Chinese online shopping mall JD.com in a strategic partnership to develop a range
China Sees Spike in Bond Defaults as Easy Money Waves Goodbye
As China moves forward with a deleveraging campaign in the financial sector, risks in its corporate bond market have started to emerge
“Made in China 2025” Strategy Is What Really Worries the US
While the Trump administration decided to impose tariffs on imports from China covering wide-ranging categories of goods, but actually it’s China’s high-tech