China’s five largest banks turned in better than expected 2016 financial performance last week, but analysts warned that the worst is not over as risks of a property market shock could threaten financial stability in…
Monthly Archives For April 2017
Canada ‘a long, long’ way from China extradition deal: McCallum
Canada remains far from formally discussing, much less concluding, an extradition treaty with China, the new ambassador to Beijing says. “We are a long, long way from negotiations, let alone agreeing to such an agreement,”…
China introduces facial recognition technology to dispense toilet paper
Fed up with the theft of toilet paper from public bathrooms, tourist authorities in China’s capital have begun using facial recognition technology to limit how much paper a person can take. The unusual move —…
Trump presses China on North Korea ahead of Xi talks
The comments, in an interview published on Sunday by the Financial Times, appeared designed to pressure Chinese President Xi Jinping ahead of his visit to Trump’s Mar-a-Lago resort in Florida this week. “China has great…
Trump ready to 'solve' North Korea problem without China
“If China is not going to solve North Korea, we will. That is all I am telling you,” he said in an interview with UK paper Financial Times. Pressed on whether he thought he could…
South Korea Lotte Group says will continue to invest in China despite tensions
SEOUL (Reuters) – South Korea’s Lotte Group will continue to invest in its China business despite diplomatic tensions over the deployment of a U.S. missile defense system, a Lotte executive said on Monday, denying rumors…
Li Na Land, reality TV and fashion — what China's tennis pioneer did next
(CNN)She may have hung up her tennis racket more than two years ago, but two-time grand slam champion Li Na is still winning big in business. China’s first major singles champion, Li has been busy…
New ambassador to Beijing bullish on Canada-China ties
Barely two weeks after leaving the post of federal immigration minister and being installed as Canada’s ambassador to China, John McCallum is already getting down to business. McCallum, in an interview with Postmedia, said his…
Manufacturing growth caps strong first quarter, led by China
Factories across Europe and much of Asia posted another month of solid growth in March, rounding off a strong quarter for manufacturers, even though exporters fear a rise in U.S. protectionism could snuff out a…
South Korean company to China: Don't blame us for THAAD missiles
Lotte, one of South Korea’s biggest conglomerates, has longstanding ties to China. It’s been doing business there for more than 20 years, employs 25,000 people and has invested more than $5 billion, Shin said. China’s…
Dating in China: A booming business
According to a feature in a local newspaper, China’s dating market continues to expand rapidly, with 600 million people registered with matchmaking services (such as dating websites) in 2016, a ten-fold increase since 2011. Some…
Asian markets gain on Japan data, awaiting US-China meeting
Hong Kong’s Hang Seng gained 0.4 per cent to 24,195.21. Shanghai’s bourse was closed for a holiday. U.S.-CHINA: Markets are closely watching for the outcome of the meeting with Chinese President Xi Jinping at Trump’s…
China demand for bananas, cotton and New Zealand lamb drives Asia export rebound
They’re all objects of resurgent Chinese demand. As Donald Trump prepares to go head to head with Xi Jinping on trade, China’s consumer power is kicking Asia’s export engine into gear, moving the world’s fastest-growing…
