BEIJING China’s military on Wednesday launched a new type of domestically … The 10,000-tonne warship was launched at the Jiangnan Shipyard in Shanghai, the official Xinhua news agency said, making it the first of the…
Monthly Archives For June 2017
China ups use of facial recognition technology for public surveillance
Facial recognition technology is being increasingly used for surveillance in China. Pic: Artem Oleshko/Shutterstock FACIAL-recognition technology is now becoming commonplace in China, with authorities using it on the streets, in subway stations, at … (…
China’s navy launches latest-generation destroyer
China’s increasingly powerful navy launched its most advanced domestically produced destroyer on Wednesday, at a time of rising competition with other naval powers such as the United States, Japan and India. The first 10,000-ton Type…
China launches new warship type to boost military strength
The warship “is equipped with new air defence, anti-missile, anti-ship and anti-submarine weapons,” China’s official news agency Xinhua said. According to the state-run Global Times, the vessel type is thought to be the first type…
China should allow Nobel laureate to seek treatment abroad: U.S. envoy
News of Liu’s illness drew questions from his supporters and human rights advocates on whether China’s government provided him with adequate care while incarcerated. Chinese prisons are notorious for their harsh conditions, and it’s common…
China frees men who probed factory that made Ivanka Trump shoes
GANZHOU, China – Chinese authorities have released on bail three activists who had been detained after investigating labour conditions at a factory that produced shoes for Ivanka Trump and other brands. The three activists walked…
China can control financial risks as debt rises: Li
BEIJING: China’s premier on Tuesday tried to quell fears surging debt might threaten growth, saying financial risks are “generally under control” and Beijing can achieve this year’s development targets. Speaking at a meeting of the…
Tourist trap: China’s surpluses may be bigger than thought
“Financial outflows concealed as travel imports are large and significant, growing to around 1 percent of China’s GDP in 2015 and 2016, and account for a quarter of recorded net private financial outflows,” she wrote.…
China frees 3 activists who probed Ivanka Trump supplier
GANZHOU, China — Chinese authorities have released on bail three activists who had been detained after investigating labour conditions at a factory that produced shoes for Ivanka Trump and other brands. The three activists walked…
China’s huge debt bubble risk to Britain’s stability, warns Bank of England
in its biannual financial stability report. “Vulnerabilities in China remain pronounced” according to the report and the Bank listed the country as one of a number of risks to Britain’s economy. China’s debt has now…
China confronting its financial risks, premier says
DALIAN, China — Beijing possesses the tools to avert damage that could result from the financial risks facing the world’s second-largest economy, Chinese Premier Li Keqiang said Tuesday at the World Economic Forum here. Li,…
China’s shadow finance time-bomb could trigger crisis
In the past decade, shadow banking has taught China great lessons about capitalism. That is, except for the most important one: failure. Since the 2007 financial crisis, China has poured more than $600bn into the…
China regulator issues rules to shore up investor protection
SHANGHAI, June 28 China’s securities regulator has stepped up efforts to protect investors’ interests, publishing a set of know your customer rules on Wednesday that restrict financial institutions from selling risky products to inexperienced investors.…