Cash Crunch for China’s Banking Giants? About: (China Stock Digest, Standard Chartered Bank) China’s boom during a global recession has bred a new cult of doubters, always ready to spread any new conspiracy theory. As we have reported before, auto sales are booming in China this year, with the country’s total car ownership set to [...]

Cash Crunch for China’s Banking Giants? About: (China Stock Digest, China Banking Regulatory Commission (CBRC), BNP Paribas, Industrial & Commercial Bank of China Ltd., China Construction Bank Corp, Bank of China, Bank of Communications Ltd.) Don’t believe everything you read in the papers (or on the Internet). A new Reuters story has financial circles buzzing [...]

China’s Telecoms Slug it Out About: (CHU, China Unicom, China Unicom 3G system, China Mobile, CHL) The battle is on in China for dominance in the newest high revenue arena: 3G wireless service. As China’s big three reach deeper into poor rural areas, their subscriptions continue to increase by millions every month. But ARPU (average [...]

China Unicom Gaining in iPhone War About: (CHU, China Unicom, China Unicom 3G system) Ever since China Unicom introduced the Apple iPhone to China last month, pessimists have been predicting doom. The Chinese don’t want and can’t afford 3G service according to various analysts and experts. Well, it’s true that there weren’t lines around the [...]

The World Invests New Capital in China About: (FDI, Foreign Direct Investment) A great measure of world confidence in any economic system is foreign direct investment (FDI). Foreign direct investment is registered when a company decides to put its money on the construction of new stores, factories or other assets outside of home base. Now [...]