Pyongyang’s official KCNA news agency said today a new ballistic missile controlled … They also discussed regional issues of concern, with China’s foreign ministry saying in a statement that Yang told Japan it should view…
Monthly Archives For May 2017
In rural China, body in the woods turns out to be blow-up doll
Villagers in a rural part of Yunnan, southwestern China called police after finding what they thought … Wayao village to find an inflatable doll lying abandoned in the woods, news website Yunnan.cn reports. Officers disposed…
China’s steel scrap exports said to be ‘only a temporary phenomenon’
Closure of induction furnaces in China has created displaced volumes of scrap, some of which have been dispatched to a number of other Asian countries – including India, Japan, South Korea and Taiwan – even…
China plans underwater observation system
HONG KONG (CNN) – China is planning to build a massive underwater observation system across the disputed East and South China seas that experts say could be used to detect the movement of foreign ships.…
China may hit funds roadblock over OBOR, says think tank
NEW DELHI: China’s ‘One Belt One Road’ mega initiative could hit a roadblock, a Hyderabad-based think tank has claimed, arguing that the country may increasingly find it difficult to fund several infrastructure projects across continents…
The impact of downgrading China
On May 24 Moody’s Investor Services downgraded China’s debt for the first time since 1989 to A1 from Aa3. This is still investment grade, but just a lower rating, and is due to a rise…
China table tennis champion sued over casino debts
One of China’s best-known table tennis players is being sued by a Singapore casino over alleged gambling debts. Former world champion Kong Linghui owes Marina Bay Sands 454,375 Singapore dollars ($327,600; £255,600), according to a…
Japan urges China to play bigger role in restraining North Korea
Pyongyang’s official KCNA news agency said on Tuesday a new ballistic missile controlled … that North Korea’s actions had reached a new level of provocation. “Japan and China need to work together to strongly urge…
Big Data Is Part Of China Unicom’s New Investment Strategy
China Unicom’s deputy general manager Jiang Zhengxin said that China Unicom attaches great importance to the development of big data and considers it as a strategic business for the group and has therefore set up…
China’s shadow banking crackdown shakes markets
A crackdown on China’s $9.4tn shadow banking business is hitting bank share prices and rattling bond markets. The country’s new top banking regulator has already taken several shots at stemming the rapid growth of off-balance-sheet…
New trends in China’s banking industry
In 2016, the Chinese central bank launched the Macro Prudential Assessment (MPA) regime and began to assess the overall financial health of banks. [Photo/Xinhua] China’s rapid technological progress has brought about a revolution in the…
The other credit risk to watch in China: Fintech-fuelled debt
China’s government has copped what Scott Morrison is so desperate to avoid: a credit rating downgrade. But in the discussion about Moody’s surprise move last week to cut its rating for our biggest trading partner,…
Beijing’s man during handover urges Hong Kong to ‘seriously consider’ enacting national security to ensure harmony
Beijing’s top man in Hong Kong during the handover to China two decades ago has urged the city to “seriously consider” enacting its own national security laws to help create “a harmonious society”. Zhou Nan,…
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