Tags: China

China: Credit Cut off to Rebalance Economy

Friday last, China announced that it would cut off credit to force consolidation in industries. Last Friday, China announced that it would cut off credit to force consolidation in industries.


No Banking Crisis In China Despite Cash Crunch

Cash crunch in China does not signify banking crisis According to experts, China's financial system is on a healthier trend. The recent cash crunch experienced by the country did not signal any systematic risk.

Ding Xuedong, New Chairman of Sovereign Wealth Fund CIC

China appointed Ding Xuedong as the new head of the country's sovereign wealth fund. Ding Xuedong was appointed as head of China's sovereign wealth fund.

Daiwa House to Obtain about US$1.37 billion Through Share Sale

Daiwa House Industry Co. would raise about US$1.37 billion through share sale which would be the biggest stock sale by a property business.


Latest News

China probes Tetra Pak for possible market dominance China probes Tetra Pak, the world renowned Switzerland-based food-packaging company for any possible abuse when it comes to market dominance.
Two food giants, Nestle and Danone faced China's probe on the food sector for unethical practices with price cuts on infant milk formula.
Temasek Holdings, an investment company belonging to the Government of Singapore, hold on to their stocks of China's top banks.
Actis Capital sold majority stake of Vesta to Illinois Tool Works Inc. (Photo : Reuters)This is the logo of Illinois Tool Works Inc. , which acquired Vesta, a Chinese kitchen equipment maker.
Chinese firms advanced after its stocks rose following the rally of consumer discretionary companies, property developers and coal producers.
GSK under scrutiny from China's NDRC. (Photo : Reuters)GSK under probe in China The National Development and Reform Commission or NDRC began a survey concerning production costs of over 60 firms situated in China.
Chinese entrepreneur Cai Rongjun became a billionaire after his touchscreen manufacturer company advanced its stocks.
China started its investigation on the "dumping" of EU wine in the country. (Photo : Reuters)Chinese authorities started probe on EU wine imports today.
Asia-pacific investors continue to fret due to Fed’s quantitative easing and China’s economic slowdown.
The chairman of the Chinese Banking Regulatory Commission allays fears of liquidity issues saying that the system has sufficient funds to cover all settlements.