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SoftBank pulls plug on plans to invest in Chinse Telsa Rival
Japan’s SoftBank Group Corp. has decided not to invest in the Shanghai-based startup’s initial public offering.
HK boosting its links to Chinese banks — but there are risks involved
Hong Kong's burgeoning financial links with China hold enormous opportunities — but they carry risks for its banking sector as well.
BOC finances over 600 projects under Belt and Road Initiative
Bank of China (BOC) announced on Wednesday that it has financed more than 600 projects under the Belt and Road Initiative.
Bank of Beijing H1 net profits up 7 pct on yr to RMB 11.854 bln
Bank of Beijing announced on Wednesday that it generated 11.854 billion yuan of net profits attributable to shareholders in H1, up 7 percent y-o-y.
Int'l rating agencies confident in BRICS bank
The BRICS New Development Bank (NDB) has received favorable ratings from S&P Global Ratings and Fitch Ratings, the Shanghai-based bank said Wednesday.
Tariffs on China to harm American tire market, says U.S. importer
If history is any guide, the entire tire market would see a price hike should the United States impose additional tariffs on Chinese imports.
BOC to acquire 27 rural banks from CCB for about RMB1.6 bln
BOC and Fullerton Financial will jointly acquire 27 rural banks from the CCB for about 1.606 billion yuan.
China's local authorities strengthen supervision of Didi
Chinese Local authorities have ordered branches of Didi Chuxing to ensure the safety of its services after a female passenger was killed last week.
China's securities firms add bonds and derivatives
Some of China's big securities firms are seeing a robust profitability in their investment activities despite the stock markets' turbulence.
China Zheshang Bank replenishes capital in H1
China Zheshang Bank said funds raised through its A-share listing plan will be used to support the real economy.
Bike makers hit hard by sharp slowdown in sharing sector
Bike manufacturers' interim results indicate that they are taking a hit due to the slowdown in China's once-vibrant bike-sharing sector.
TCM exports up as local firms ride B&R Initiative
Traditional Chinese medicine or TCM exports are rising on the back of resilient demand from traditional markets.
World Insights: Int'l trade with China soars in 2022, decoupling theory crushed b...
Live COVID-19 updates: U.S. COVID-19 cases top 1 mln
Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town