BEIJING: China has condemned the European Commission for imposing new anti-dumping duties on its steel products, accusing the EU’s executive of making China an industrial scapegoat. The 28-nation bloc said on Friday that it would…
Monthly Archives For June 2017
China unlikely to see repeat of 2013 market turbulence: Financial News
SHANGHAI China is unlikely to see a repeat of the market turbulence similar to that of June 2013 as the risk of another liquidity crisis was currently low, the state-run Financial News newspaper said on…
China urges banks to devolve loan approval responsibility to boost lending
SHANGHAI China’s banking regulator has urged lenders to devolve responsibility for loan approvals in order to boost credit to small and micro businesses, but also emphasized that risks need to be kept under control. Guo…
China Mobile gives out Honor 9 spoilers with 6GB RAM possibilities
Ahead of its official debut, the Honor 9’s specifications are getting teased out with a joint promo from China Mobile. Of course, the phone will work on China Mobile’s 4G+ network, though availability details aren’t…
Ivanka Trump’s fashion brand distances itself from China shoemaker amid scrutiny over labor conditions
SHANGHAI — Ivanka Trump’s fashion brand sought to distance itself from a Chinese manufacturer that has come under scrutiny after activists investigating labor conditions there were detained, saying the company last made its products three…
Is philanthropy catching on among China’s super rich?
Wang Bing, who has been called China’s “most influential” philanthropist, says Chinese tycoons aren’t stingy, they’re just cautious. “Everybody in my circle wants to give,” he tells BBC News. “There is a lot of money…
China, Pakistan investigate IS claim 2 Chinese were killed
China and Pakistan said they are investigating the Islamic State group’s claim that two Chinese teachers kidnapped in Pakistan have been killed. Chinese Foreign Ministry spokeswoman Hua Chunying told the official Xinhua News Agency Friday…
China could stop North Korea’s nuclear threat in a heartbeat without firing a shot
After a provocative North Korean missile launch in 2003, China completely cut off its supply of oil to North Korea for three days, and in no time the Kim regime caved to international demands and…
Beijing’s first private bank set to open
The Beijing office of China’s banking regulator on Tuesday approved the opening of Zhongguancun Bank, the capital’s first private financial institution. It will be the 13th such bank granted permission to operate in the country.…
China’s campaign to ease corporate costs will hit fiscal revenue: finance ministry official
BEIJING China’s efforts to cut taxes and fees on companies will hurt government revenues, but increased economic activity generated by a lighter cost burden will help keep overall state finances stable, a finance ministry official…
China can’t fix its financial problems by debt cutting alone, economists say
The push for real economic reforms remains a key challenge facing President Xi Jinping during his second term, as structural improvements beyond debt reduction are needed to contain China’s financial risks, chief economists of China’s…
Ivanka Trump’s brand distances itself from China shoemaker
Ivanka Trump’s fashion brand sought to distance itself from a Chinese manufacturer that has come under scrutiny after activists investigating labor conditions there were detained, saying the company last made its products three months ago.…
In Beijing, Perry promotes US-China clean energy cooperation
BEIJING (AP) – America and China have “extraordinary opportunities” to work together on clean energy, U.S. Energy Secretary Rick Perry said Thursday, amid global criticism of President Donald Trump’s decision to pull the U.S. out…
ADVERTISEMENT
