In its Financial Stability Report released Tuesday, the central bank noted that Brexit, high levels of indebtedness in China and an increase in consumer credit in the U.K. as potential risks. According to the IIF,…
Monthly Archives For June 2017
China’s traditional banks lose branding ground to internet rivals
In the early 1980s, people in China had a one-stop shop for all their banking needs: the People’s Bank of China. It was, in fact, the only bank in China at the time, as well…
US envoy: China should allow Nobel laureate treatment abroad
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 hits back at U.S. on human trafficking downgrade
BEIJING — China has pre-emptively hit back at the United States for speaking “irresponsibly” ahead of an expected Trump administration move to name China among the world’s worst human trafficking offenders. Foreign ministry spokesman Lu…
China makes its military more visible in Hong Kong
The carrier, with its complement of J-15 fighter jets and escorted by two destroyers and a frigate, left the eastern Chinese port of Qingdao on Sunday on a routine mission, China’s state-run Xinhua news agency…
Trump turns up pressure on China amid N. Korea concerns
“China was downgraded to Tier 3 action in this year’s report in part because it has not taken serious steps to end its own complicity in trafficking, including forced laborers from North Korea that are…
Human trafficking: US downgrades China over record
China “is not making significant efforts” to stop human trafficking, the US says, claiming that fewer people are now being prosecuted than before. The US Department of State released its annual Trafficking in Persons Report…
China commits to clean technology
China will prioritize green development and focus on clean technology, according to Wan Gang, minister of science and technology, speaking on June 27 at the 2017 Dalian Summer Davos. He stressed the global benefits of…
ZTE and China Mobile showcase 5G eMBB scenario in live 5G field test
SHENZHEN, China, June 27, 2017 /CNW/ — ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced at Mobile World Congress (MWC ……
8 etiquette tips for doing business in China
For the uninitiated, conducting business in China can be a daunting task. CNBC spoke to two etiquette experts, Sharon Schweitzer, of Protocol & Etiquette Worldwide, and Jaqueline Whitmore, of EtiquetteExpert.com, to get a sense of…
Canada and China strike corporate hacking deal
China has signed an agreement saying it will stop conducting state-sponsored cyberattacks aimed at stealing Canadian private-sector trade secrets and proprietary technology. This industrial espionage accord was worked out this past Friday during high-level ……
In Australia, backlash takes hold over Chinese money infecting politics, business
Still, even critics in Australia acknowledge the value in doing business with Beijing. “To highlight the risks is not to say don’t go there. It’s to say, set up management structures to deal with it…
LinkedIn’s head of China is leaving the company
LinkedIn’s head of China, a key figure in the launch of its business in the country in 2014, is leaving the company, LinkedIn has confirmed. Derek Shen, LinkedIn President of China who led the company’s…
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