China’s foreign ministry on Sunday again rejected President-elect Donald Trump’s suggestion that he might use American policy on Taiwan as a bargaining chip between the two sides. Spokesman Lu Kang said Sunday that the “one…
Monthly Archives For January 2017
China's currency manipulation could become a global problem in 2017
People’s Bank of China in Beijing, China AP Images This is going to be a pivotal year for China. We will see if it can levitate another year or whether it falls back to Earth…
Trudeau’s embrace of China exposes his naïveté
The government seems smitten with the dynamic, entrepreneurial and innovative China that dominates the business pages, while remaining largely silent about the China that tramples human rights at home and intimidates rivals abroad. This is…
China's foreign minister: Taiwan is 'non-negotiable', Trump can't use it against China
China’s Foreign Minister Wang Yi attends a joint news conference in Beijing Thomson Reuters China’s foreign ministry on Sunday again rejected President-elect Donald Trump’s suggestion that he might use American policy on Taiwan as a…
China tops US in cinemas, but many sit empty
ZHUOLU, China — The brightly decorated 3-D cinema in this town outside Beijing is showing the latest Chinese and Hollywood films, to row after row of empty red seats. So few people come to watch…
WEF expects China to be ‘responsible, responsive’ global leader
Xi will deliver a speech at the opening ceremony, and hold discussions with Schwab and guests from business, media and academic circles. Calling China “a strong geoeconomical and geopolitical power,” he said that “in the…
A sharp fall in the yuan, and a trade war with the US: China’s nightmare economic double whammy, according to Deloitte
A sharp fall in the value of the yuan to 7.5 per US dollar and a potential trade war between the US and China have been highlighted as the major challenges faced by Asia and…
China-built electric railway opens up landlocked Ethiopia
A US$3.4bil electrified railway line built by China was officially launched on Tuesday to link the Horn of Africa to its inland countries. The line connects the strategic Red Sea port of Djibouti and Addis…
China gets record $31bn venture investment in 2016 despite global woes
Megadeals in China helped bring a record $31bn in venture-capital investment to the country in 2016 despite a sluggish global economy and a sharp drop in the number of deals, a report showed on Friday.…
China again rejects Trump's suggestion to negotiate Taiwan
BEIJING — China’s foreign ministry on Sunday again rejected President-elect Donald Trump’s suggestion that he might use American policy on Taiwan as a bargaining chip between the two sides. Spokesman Lu Kang said Sunday that…
Beijing warns Trump: One China 'not negotiable'
Beijing on Saturday warned the US that the One China policy was non-negotiable, after Donald Trump suggested he could abandon the decades-old diplomatic principle and boost ties with Taiwan. “It is not up for negotiation,”…
How more electric cars are sold in China than the rest of the world combined
Denza is a Chinese brand produced by a joint venture between BYD and Daimler. China’s cocktail of pro-electric policies is a challenge for global auto makers, as foreign manufacturers can access subsidies only via joint…
How China's Asian Infrastructure Investment Bank Fared Its First Year
The China-conceived Asian Infrastructure Investment Bank (AIIB) will celebrate its first year of operations on January 16, having invested in nine projects across Europe, Asia and the Middle East. When the AIIB was announced, critics…