SYDNEY (Reuters) – Britain plans to send a warship to the disputed South China Sea next year to conduct freedom of navigation exercises, Defence Minister Michael Fallon said on Thursday, a move likely to anger…
Monthly Archives For July 2017
Beijing-Shenyang railway to be completed by end of 2018
Photo taken on July 11, 2017 shows the construction site of Xinglongdian grand bridge in northeast China’s Liaoning Province. The Beijing-Shenyang high-speed railway, linking China’s capital Beijing and the Liaoning provincial capital Shenyang, is about…
Chinese cops detain 67 in rare Beijing street protest
Beijing: Police in the Chinese capital have detained 67 people for disturbing social order after demonstrators gathered to stage a rare protest in Beijing, complaining that the government was unfairly targeting a charity. While there…
Kowloon station to come under Beijing control with mainland law
The Hong Kong Government says there can only be one law – Chinese – to govern on customs, immigration, railways and trains. For Democrats it is a first step to delegating legislation on demonstrations and…
Doklam standoff: NSA Doval in Beijing amid PLA unease over Indian ‘trespass’
India’s national security adviser (NSA) Ajit Doval might not have much room to maneuvre when, and if, he sits down with Chinese officials on Thursday or Friday to start a conversation to resolve the military…
China’s newest bullet trains to touch top speeds 6 years after deadly crash
The communist government said it is planning to implement the increased speeds on trains that run between Beijing and Shanghai. The current six-hour journey time will be brought down to four-and-a-half hours, local media reported.…
Two subway lines in Beijing to start construction this year
BEIJING, July 27 (Xinhua) — Two new subway lines in Beijing are expected to break ground at the end of 2017, authorities said Thursday. The combined length of the CBD Line and the branch line…
Glavin: Has Canada just given up – and decided to join with Beijing?
“There is a saying that if you can’t beat them, join them.” That was the telling choice of words former Liberal cabinet minister Martin Cauchon settled on back in November 2011 in greeting the news…
Foreign banks get investment boost
Advertisements for domestic and foreign banks in Beijing Financial Street. [Photo by Yu Zhiqiang/For China Daily] China has loosened up market access for foreign banks that want to invest in domestic lenders. Industry insiders expect…
China’s banks are now stable as ‘shadow’ banking looks less threatening, Moody’s says
Moody’s Investors Service no longer takes a negative view on China’s banking system, raising its outlook to stable on Thursday as concerns over so-called shadow banking eased. “The government’s adoption of more coordinated policy measures…
China’s IPO ‘Glut’ And The Case For Stock Market Reform
For years, many analysts have complained that China’s IPO process is far too sluggish. The China Securities Regulatory Commission has stepped up IPOs this year, but it can’t catch a break. Some experts are now…
WeWork launches dedicated China business backed by $500M from investors
WeWork is making a big move to win the co-working market in China after it announced the creation of a standalone WeWork China business, backed by $500 million in fresh investment from existing backers SoftBank…
Scorching heat turns pleasant for food delivery, ride-hailing services
As hot weather swept across China over the past two weeks, it also brought new opportunities, fueling businesses such as food delivery and online ride-hailing service, 21st Century Business Herald reported. Most parts of the…
