An unspecified number of miners were still buried under the ground and rescue efforts were underway, Xinhua said. China is the world’s largest coal producer and deadly accidents are common. A further 33 miners were…
Monthly Archives For December 2016
China watching capital flows, accepts US rate rise likely
Bloomberg China’s policymakers are closely watching market changes and capital flows, vice Finance Minister Zhu Guangyao was quoted as saying on Saturday. Zhu said China will “unswervingly” push forward reforms including the internationalisation of the…
Infant formula company Bellamy's shares plunge 44pc on weaker China sales
Organic baby formula maker Bellamy’s share price has plummeted after the company reported weaker sales in China. As much as 43.9 per cent was wiped from the shares this morning after Bellamy’s released an investor…
China hopes Trump call with Taiwan leader won't damage ties
China’s foreign minister said Saturday he hopes Beijing’s relations with the U.S. would not be “interfered with or damaged” after president-elect Donald Trump broke with decades-long diplomatic tradition and spoke directly with Taiwan’s leader. It…
Nomura Downgrades China Unicom Ltd. (CHU) to Neutral
China Unicom Ltd. (NYSE:CHU) was downgraded by equities researchers at Nomura from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday. A number of other research…
China Unicom Global Launches "CUniq" MVNO Business in the UK
LONDON, Dec. 2, 2016 /PRNewswire/ — On 2 December 2016, China Unicom Global Limited (“CUG”) launched the “CUniq” overseas mobile virtual network operator (“MVNO”) service in London, the UK and unveiled the first one-card-multiple-number service.…
Bank of China sharply limits forex sales to companies in Shanghai: sources
SHANGHAI Bank of China, one of the country’s “Big Four” state banks, has begun to sharply limit corporate customers’ ability to purchase foreign currency in Shanghai, in what sources said on Friday was a bid…
China and the Church: The 'outlaw' do-it-yourself bishop
Without the Pope’s permission, or Beijing’s, this 58-year-old labourer from a village in northern China calls himself a bishop. China and the Vatican are believed to be close to a historic agreement governing the selection…
China urges U.S. to abide by WTO anti-dumping agreement
BEIJING (Reuters) – China on Friday urged the United States to abandon a surrogate country approach it uses to calculate anti-dumping measures against Chinese exports, as a related clause in China’s World Trade Organization (WTO)…
China's top social messaging app censors users abroad: report
BEIJING (Reuters) – Censorship on China’s top social messaging app WeChat goes beyond the country’s borders, according to a report released on Thursday, with messages containing sensitive terms that are sent from overseas to mainland-linked…
China Technology Transfers: The Relationship and Deal Structure Myths
In my previous post Three Myths of China Technology Transfers, I focused on the misconceptions Western companies so often have regarding China technology transfer deals. In this post, I focus on two commonly held misconceptions…
Fear, Then Skepticism, Over Antibiotic-Resistant Genes in Beijing Smog
BEIJING — Reports that Beijing’s already notorious smog contained bacteria with antibiotic-resistant genes spread through the city last week like pathogens in a pandemic disaster movie. “Drug-resistant bacteria make people very afraid,” The Beijing ……
Beijing to quit coal mining by 2020
BEIJING: Beijing will close its last three coal mines in the next four years and entirely quit coal mining by 2020, ending an 800-year-old practice in a bid to curb alarming air pollution. China is…
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