SHANGHAI May 1 China’s level of leverage is rising at an “alarming pace”, particularly in the finance sector, a senior central bank official said in a commentary, amid growing concern by the country’s senior leaders…
Monthly Archives For May 2017
China spend on Aust agribusiness triples
China’s investment in Australian agribusiness has tripled in … Australian agribusiness – three times 2015’s investment of $375 million – says a report form financial services provider KPMG and the University of Sydney. The report,…
China Minsheng joins Asia partners to tap Belt and Road investment opportunities
China Minsheng Investment Group (CMIG), the mainland’s largest non-state investment conglomerate, is teaming up with regional financial institutions to set up a new fund worth US$10-15 billion, to tap new economy business opportunities on China’s…
China Factory Growth Plummets
Growth in China’s manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers’ efforts to reduce financial risks in the economy weighed on demand.…
First Nation Chief plans China trip to discuss Ring of Fire rail line
China is the world’s leading producer of stainless steel and the company hopes that Chinese investors will be willing to finance the $4-billion rail line and mining project in order to secure a long-term, reliable…
China should deleverage economy at proper pace: central bank official
BEIJING — China should deleverage its economy at a proper pace to ensure the financial sector is under pressure to keep reducing leverage while avoiding being pushed into any systemic financial risks, according to a…
China taking on Wikipedia with its own online encyclopedia
Most entries on science and technology can be read, but a search for sensitive keywords such as “Dalai Lama” and “Xi Jinping” will result in the connection to the server being lost. Yang told the…
My Beijing: The Sacred City
When I first came to Beijing in 1984, the city felt dusty and forgotten, a onetime capital of temples and palaces that Mao had vowed — successfully, it seemed — to transform into a landscape…
Terrifying moment flames burst from a Delta plane as passenger describes how aircraft 'suddenly lost balance' mid-air enroute from Beijing to Detroit
A Delta Air plane’s engine reportedly caught fire today after taking off from the Chinese capital. The plane, which was carrying 227 passengers, had to turn back to the Beijing Capital International Airport before making…
Beijing could intervene in Hong Kong affairs if serious political problems emerge, Chinese expert warns
A leading mainland constitutional scholar and adviser to Beijing has warned that the central government may have to intervene in Hong Kong affairs if the city’s political problems become unmanageable and threaten national security. The…
Beijing planning new approach to Taiwan affairs
Beijing has been reviewing its Taiwan policies after they failed to bear fruit and is considering a shake-up of the people in charge of cross-strait relations, sources and experts say. But analysts in Taiwan say…
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