BEIJING : China has appointed Li Fanrong as the new chairman of state-owned Sinochem Holdings Co Ltd, the company said on Friday. Li, previously a general manager, replaces former chairman Ning Gaoning, the company said on its website.
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China halts more than 20 IPOs sponsored by China Merchants Securities amid probeSHANGHAI : Chinese bourses have halted processing more than 20 initial public offering (IPO) plans sponsored by China Merchants Securities, following an investigation into the broker, according to exchange disclosures.The Shenzhen Stock Exchange has suspended 15 IPO plans set for its ChiNext board, while
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US suspends 26 Chinese flights, responding to China flight cancellationsIt affects flights operated by Xiamen, Air China, China Southern Airlines and China Eastern Airlines. Read more at straitstimes.com.
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US suspends 26 Chinese flights, responding to China flight cancellationsWASHINGTON – The US government said on Thursday (Aug 25) it would suspend 26 China-bound flights from the US by four Chinese carriers in response to the Chinese government's decision to suspend some US carrier flights over Covid-19 cases. The decision will suspend 26 flights by Xiamen, Air China, China Southern Airlines and China Eastern Airlines starting Sept 5 and...
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Canada says lawmakers' Taiwan trip is no pretext for Chinese aggressionOTTAWA (Reuters) -China should not use a planned visit to Taiwan by Canadian lawmakers as pretext for either military or economic aggression, a spokesperson for Foreign Minister Melanie Joly said on Wednesday. China warned on Tuesday it would take 'forceful measures' if Canada interfered in Taiwan, after news that a delegation of Canadian parliamentarians was planning to visit the island later this year to explore trade opportunities. China, which claims Taiwan as its territory under its 'one-China principle,' objects to foreign politicians visiting the island.
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Tropical storm Ma-on barrels towards Hong Kong, Guangdong provinceBEIJING: Several cities in southern China raised their cyclone warning signals on Wednesday (Aug 24), bracing for Tropical Storm Ma-on, which is expected to make landfall along the coast of Guangd
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China to name Zhang Qingsong as vice governor of central bank -CaixinBEIJING : China is set to name Zhang Qingsong as a vice governor of the central bank, financial magazine Caixin said on Wednesday.Zhang, president of the Agricultural Bank of China, one of the 'big four' state banks, is likely to fill a vacancy left after Liu Guiping was appointed vice mayor of Tianjin i
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