BEIJING – The Chinese insurer that owns New York City’s Waldorf Astoria Hotel said Wednesday its chairman was unable to perform his duties following a report he was detained by regulators amid accusations of possible…
Monthly Archives For June 2017
UPDATE 2-China May property investment eases, construction starts dip sharply
* May Property investment +7.2 pct y/y (vs +9.6 pct in April) * New construction starts +5.2 pct y/y (vs +10.1 pct in April) * Sales by floor area +10.2 pct y/y (vs +7.7 pct…
China May property investment eases, construction starts dip sharply
BEIJING Annual growth in China’s real estate investment slowed in May, the first fall-off in three months, as government curbs cooled an overheated market and undermined investment, taking a toll on new developments. Worries over…
Huawei, China Mobile to verify 5G high band, low band coordination technology
NEW DELHI: China Mobile Research Institute, China Mobile Shanghai and Huawei have jointly established a 5G trial field to verify 5G High Band and Low Band Coordination Technology at Huawei’s Shanghai R&D Center. China Mobile…
UPDATE 1-China May property investment eases, construction starts dip sharply
BEIJING, June 14 Annual growth in China’s real estate investment slowed in May, the first falloff in three months, as government curbs cooled an overheated market and undermined investment, taking a toll on new developments.…
China May property investment growth eases for first time in three months
BEIJING, June 14 China’s property investment growth eased for the first time in three months in May, a Reuters calculation based on the National Bureau of Statistics (NBS) showed on Wednesday. It grew 7.2 percent…
China’s shadow banking woes force regulators to change course on policy making
The sobering fact that China’s shadow banking system now contributes about one-third the country’s total credit to the real economy is a stark lesson in how well-intentioned policy can lead to a financial mess. Mainland…
Globe editorial: Why are the Liberals doing Beijing’s bidding?
The Liberal government of Justin Trudeau has an odd take on China: Where other governments are wary of Chinese companies trying to take over their domestic technology firms, ours is happy to facilitate a quick…
China upholds strict electric car sales quotas despite industry protests
The latest draft by China’s Ministry of Industry and Information Technology, open for public comment until June 27, is largely unchanged from one issued in September, with no change to the timings. Dominik Declercq, China…
Shanghai rebar falls after 4-day spike on property demand worries
June 13 China’s rebar steel futures edged lower on Tuesday after a four- day climb amid concern that a slowing property market may dent steel demand in the world’s top consumer. China has been restricting…
IOC ‘very happy’ with Beijing prep for 2022 Winter Olympics
BEIJING — The International Olympic Committee is “very happy” with Beijing’s preparations for the 2022 Winter Games, amid assurances Tuesday that the main venues will be completed three years before the events are held. Beijing…
Panama establishes ties with China, abandoning Taiwan, as Beijing steps up the pressure
BEIJING — Panama has established diplomatic ties with China and broken with Taiwan, as Beijing steps up efforts to isolate Taipei internationally since last year’s election of President Tsai Ing-wen. Panamanian President Juan Carlos Varela…
Panama establishes ties with China, ditches Taiwan in win for Beijing
Panama has established diplomatic ties with China and broken with Taiwan in a major victory for Beijing, as it lures away the dwindling number of countries that have formal relations with the self-ruled island. Panamanian…