but we will surely make ourselves clear if what they say concerns China,” Lu Kang said. Still, state media this week began questioning whether Trump was being steered toward confrontation by his transition team, with…
Monthly Archives For December 2016
How China Hides Its Infrastructure Debt
China’s enormous infrastructure spending was often invoked as a model for the U.S. in the campaign speeches of President-Elect Donald Trump. But with debt piling up, Beijing must juggle ever-more furiously to maintain appearances. Photo:…
Trump's Taiwan call could disrupt 'very calibrated dance' between U.S., China
He previously reported for CBC News as an online journalist in New York and Toronto … one of Tsai’s predecessors triggered a scary response from China. One that eventually drew in the American military and…
Daily Report: China Dreams of Silicon Valley
There’s more to it than that, however. As Mr. Mozur writes, China has many accomplished technology companies, but they struggle with Confucian and Communist traditions of respecting order, consensus and seniority. Their American counterparts, raised…
China must step up reforms to curb rising leverage, distortions: U.S. treasury official
Nathan Sheets, the Under Secretary of the Treasury for International Affairs, said that China’s non-financial corporate sector debt – at about 145 percent of gross domestic product (GDP)- is among the highest for major economies,…
China’s internet finance revolution
Internet finance may be a new development in China but its impact is now everywhere. Peking University has developed an index which measures the growth and structure of internet finance across China. It records that…
China trainmaker CRRC to build more plants abroad in expansion plan: China Daily
SHANGHAI (Reuters) – Chinese trainmaker CRRC plans to build more factories abroad as part of its plan to double sales outside of China to up to $15 billion by 2020, state-run China Daily reported on…
China systematically using torture in war on corruption: report
The interrogators work in secret, barraging members of China’s Communist Party they accuse of corruption with questions, shouts and more severe measures. Suspects are kept from sleeping, deprived of adequate food and water, and exposed…
China outraged after Obama blocks efforts to buy German tech company over nuclear concerns
Chinese companies have spent billions to acquire technology from European and US companies in recent years but US officials have increasingly made moves to thwart such deals in a bid to stall the technological capabilities…
Iran nuclear deal: China, Iran make not-so-veiled comments to Trump
The foreign ministers of China and Iran on Monday urged governments not to violate … agreement and Iran has the right to take action against that,” Zarif said at a news conference after meeting with…
China’s Securities Czar Takes Aim at New-Money Barbarians
Some of China’s better-known and better-run companies have seen outsiders swoop in to amass significant stakes. Raising eyebrows among the financial community are firms like Anbang Insurance Group and Baoneng Group, a property and insurance…
China Unicom branches out to the UK with CUniq MVNO
China Unicom has announced the launch of CUniq in London, it’s MVNO offering that allows multiple numbers on one SIM card, if you’re into that sort of thing. The one-card-multiple-number service targets business customers and…
Financial wizardry alone won’t stave off a Chinese debt crisis
China’s debt is beyond worrying … both politically and economically and will likely result in slower growth and great volatility in the financial markets. The debt-for-equity swap program is a temporary measure where a real…
