China Vanke, the property group which fended-off China’s highest-profile hostile takeover attempt this year, has paid $8.1bn for land in the southern city of Guangzhou, in what is thought to be the most costly land…
Monthly Archives For July 2017
U.S. blacklists Chinese bank accused of illicit dealings with North Korea
it comes a week after the president lamented that China’s promise to help with North Korea “has not worked out.” Calls to Bank of Dandong rang unanswered on Friday. Beijing, however, criticized Washington’s action, saying…
How China Unicom slashing energy cost to improve efficiency
China Unicom, as part of its green initiatives, designated approximately RMB 200 million in 2016 to conduct projects for energy conservation in technology and management, streamlined network and machine room integration, and effectively reduced energy…
China’s One-Way Deal on Green Technology
Since January, liberal states and localities have announced their intention to defy the White House on a range of policies, but none as high-profile as the blue-state reaction to Trump’s plans to leave the Paris…
China factory growth unexpectedly quickens, but debt risks pressure economy
China’s factories grew at the quickest pace in three months in June, buoyed by strong new orders in a sign of stabilizing growth, though analysts expect a further slowdown in the world’s second-biggest economy is…
Huawei, China Mobile, SAIC Motor in 5G remote driving demo
China is expected to be world’s biggest 5G Network by 2025, the industry official said during the Mobile World Congress, Shanghai, which opened 28.06.2017. The demo verified the high-bandwidth, low-latency potential in C-band frequency, laying…
US blacklists China bank, revving up pressure over NKorea
The United States has blacklisted a small Chinese bank accused of illicit dealings with North Korea, escalating the pressure on Beijing to rein in its wayward ally amid increased signs of frustration among President Donald…
Blacklisted China bank cited as North Korea’s conduit to global finance
Washington’s move to shut off Bank of Dandong from the U.S. financial system punishes a small regional Chinese lender with what U.S. authorities say has been an outsized exposure to North Korea and its banned…
Blacklisted China bank cited as a North Korea conduit to global finance
BEIJING Washington’s move to shut off Bank of Dandong from the U.S. financial system punishes a small regional Chinese lender with what U.S. authorities say has been an outsized exposure to North Korea and its…
China strongly protests US arms sales to Taiwan
China on Friday strongly protested a U.S. plan to sell $1.4 billion worth of arms to Taiwan and demanded that the deal be canceled. Chinese foreign ministry spokesman Lu Kang said the sale would severely…
China condemns US sanctions over ‘North Korea funding’
“We will follow the money and cut off the money,” Treasury Secretary Steven Mnuchin told a news conference. But he said the move was not a response to Chinese inaction on North Korea, saying: “This…
China demands U.S. nix $1.4B arms deal with Taiwan
10, 2015 file photo. BEIJING– China on Friday strongly protested a U.S. plan to sell $1.4 billion worth of arms to Taiwan and demanded that the deal be canceled. Chinese foreign ministry spokesman Lu Kang…
China flexes military muscle in Hong Kong during Xi’s visit
President Xi Jinping inspected troops based in Hong Kong on Friday as he asserts Chinese authority over the former British colony China took control of 20 years ago. Xi rode in an open-top jeep past…