Monday, 15th, 2019 | 9:55PM Updated

Wealth Management Products by Banks
Investors in China’s $9 Trillion WMPs Unlikely to Get Bailout in Case of Default

Investors in China who have poured $9 trillion in wealth management products (WMPs) and similar products remain hopeful that they will get bailed out in case of a major blowup despite reports that China’s policymakers will not issue state guarantees, the Financial Post reported.

A CNPC billboard
China National Petroleum Corp to Expand in Middle East with Dubai Office

China National Petroleum Corporation (CNPC) will establish its Middle East headquarters in Dubai's Jebel Ali Free Zone.

China is intensifying its efforts to be a world leader in terms of producing solar and wind energy.
China's Solar and Wind Power Sectors Predicted to Gain Investments Worth $789 Billion by 2030

Around $789 billion worth of investment is expected to be received by China's solar and wind power sectors by 2030. This is according to a recently published reported by Greenpeace.

China's Insurance Industry
China's Insurance Industry Warned Against Risks as CIRC Tightens Regulations

The country’s insurance industry has been warned against risks arising from several factors as China Insurance Regulatory Commission (CIRC) announced on Monday, April 10, that it will tighten regulations to avoid a systemic crisis, the Xinhua News Agency reported.

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CBRC Chairman Guo Shuqing
China Intensifies Efforts to Curb Financial Market Malpractice, Addresses Banking Risks

Chinese authorities are stepping up efforts to crack down on financial market malpractice such as insider trading, while the China Banking Regulatory Commission (CBRC) unveiled new measures aimed at addressing risks in the banking sector, the Xinhua News Agency reported.

Coca-Cola Opens Its 44th Plant in China
Coca-Cola Opens Its Largest Bottling Plant in Central China

Beverage giant Coca-Cola announced that its biggest bottling plant in China has begun its operations in Hunan Province.

U.S Treasury Bills as Collateral
How the US May Negotiate Its $1 Trillion Debt to China

The U.S. owes China more than $1 trillion in treasury bonds, but it was not reason enough to trigger a trade war which the two countries believed would be disastrous to both of them.

KFC Bans Human Antibiotics in Chicken
KFC to Cut Use of Antibiotics in Chickens Supplied to US Outlets

Popular fast food chain KFC plans to cut the use of antibiotics in the chickens purchased for its U.S. stores.

Goldman Sachs Forecast
Goldman Sachs Forecasts Growth of Chinese Economy

Goldman Sachs forecasts a 6.8 percent growth of Chinese economy in the first quarter of 2017.

Macau Casino Melco Crown
Industries in China’s Anti-Corruption Drive Make a Comeback as Casino, Premium Liquor Stocks Rise

Once targeted by China’s anti-corruption policy, industries engaged in casino operation, manufacture of expensive liquors and importation of luxury watches have all returned to business in China, according to a Bloomberg report.

COSCO Opens a New Regional Service for North Europe and the Mediterranean
China’s COSCO Launches New Service in Northern Europe-Mediterranean Region

On Sunday, China’s COSCO Shipping Lines launched a new regional service of container shipping for Northern Europe and the Mediterranean.

Terrestrial photovoltaic power project built in Yantai
China’s Global Solar Business Shakes Foreign Competitors

China’s relentless pursuit to become self-dependent on sophisticated industries, such as solar panel systems, have left foreign competitors and even smaller-scale Chinese businesses in the dust, an article by Today Online reported.

Hong Kong is widely accepted as the most expensive city in the world to live.
Mainland Developers Drive Up Hong Kong Property Prices

Incoming Hong Kong leader Carrie Lam’s promises to make property prices more affordable could end up unfulfilled as mainland Chinese developers continue to bid up property values, the Straits Times reported.

Starbucks is one of the U.S. companies benefiting from China's new economy, with sales in the country reaching 6 percent last year.
As Economy Revamps, US Companies Cash In on China

As China’s economic transformation shifts growth from the industrial to the service sector, U.S. companies are seeking new avenues for growth in the country.

The Cottage Inn Pizza logo.
Cottage Inn Pizza to Expand in China

U.S. gourmet restaurant Cottage Inn Pizza has announced plans for expansion into new locations in China in a bid to bite off a bigger slice of the Chinese market.

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