China Mobile will invest US$200 million in its Pakistani operation this year in order to add 3G and 4G mobile sites to its network. The Chinese telco, which operates in Pakistan as Zong, issued a…
Monthly Archives For February 2017
China investigates 'rare pangolin banquet' in Guangxi
The pangolin is on China’s list of endangered wild animals … and Chinese forestry officials have since said they are probing the incident, reported Chinese media. News outlets have identified the Weibo user as a…
China Seen as Key to Financial Sanctions on North Korea
China’s willingness to implement existing sanctions is vital to financial pressure on the development of nuclear arms by North Korea, a former senior U.S. official said Tuesday. Since early 2015, Washington has been applying incremental…
Atlantic Canadian oil headed to China for the first time amid OPEC cuts
ARC Financial Corp. vice president, energy research Jackie Forrest said she was not aware of any previous shipments of oil from Atlantic Canada heading to China because of the high price of transportation. “Typically, there…
Why China's Central Bank Is Losing Money
Bill Adams, senior international economist at PNC Financial in Pittsburgh says China’s rainy day fund is in decline because exports are in decline, foreign investment into China is weaker than usual and interest rates are…
Sparks fly as Vatican conference challenges China on organs harvested from prisoners
VATICAN CITY – Participants at a Vatican conference on organ trafficking challenged China on Tuesday to allow independent scrutiny to ensure it is no longer using organs from executed prisoners, saying Chinese assurances aren’t enough…
The Biggest IPOs To Look Out For In China, Hong Kong This Year
Investors are preparing for one of the hottest IPOs in years—Snap’s $25 billion listing in New York. They should also keep on eye on some big debuts in Hong Kong and mainland China, the world’s…
Vatican defends China invite to organ trafficking summit
The Vatican has defended its decision to invite China to a conference on organ trafficking despite its record of using executed inmates as organ donors. The head of the Pontifical Academy of Sciences (PAS) admitted…
China News – Citi, JPMorgan
Reuters reports that Citigroup is the first U.S.-based bank to be granted the Type A license to act as a bond settlement agent in China’s interbank bond market. Other global banks with such a license…
South China Sea: 'There cannot be' conflict between US and China, Foreign Minister warns
China’s Foreign Minister has warned that both sides would lose in a conflict between his country and the United States over the South China Sea. In a press conference in Canberra with his Australian counterpart…
US should 'brush up on' South China Sea history: China
BEIJING: The United States needs to brush up on its history about the South China Sea, as World War II-related agreements mandated that all Chinese territories taken by Japan had to be returned to China,…
China, US cannot afford conflict: Chinese foreign minister
SYDNEY: There would be no winner from conflict between China and the United States, Chinese Foreign Minister Wang Yi warned on Tuesday, seeking to dampen tension between the two nations that flared after the election…
Disney boss warns China trade war would be damaging
Walt Disney’s chief executive has warned that a trade war between the US and China would be bad for business. China is increasingly important for the firm’s movie and merchandise sales. And it says Disneyland…
