A White House statement said the US and China agreed North Korea must stop “provocative and escalatory behaviour”. A statement by North Korea’s official KCNA news agency issued on Saturday said the Trump administration “had…
Monthly Archives For August 2017
Beijing faces fresh challenges over its South China Sea claims
Beijing might have got its way over the language used in last week’s communique from Asean foreign ministers, but observers say its sweeping claims to the South China Sea are facing fresh challenges. At the…
China July property investment, sales slow as curbs continue to bite
BEIJING (Reuters) – China’s real estate investment growth slowed in July from June, as government curbs continued to cool an overheated property market and undermined investment, even though underlying demand in smaller cities appears resilient.…
RPT-China Jan-July property investment rises 7.9 pct y/y, vs 8.5 pct gain H1
BEIJING, Aug 14 (Reuters) – Real estate investment in China rose 7.9 percent in January-July period from the same period a year earlier, easing from 8.5 percent growth in the first half of 2017, official…
China Unicom Shares Rally on Strong Profit Growth Forecast
Shares in China Unicom (762.HK) surged as much as 4.6% in Hong Kong trading Monday morning. That came after the state-owned telco put out a positive profit alert after the market’s close Friday evening. Unicom…
China Mobile Reports CNY62.7 Billion Net Profit For H1 2017
China Mobile published its semi-annual report for the first half of 2017, stating that the company realized operating revenue of CNY388.9 billion, a year-on-year increase of 5%; and its net profit was CNY62.7 billion, a…
China SOEs Need More Red Packets
Investors should watch for Chinese state-owned enterprises bearing red envelopes this earnings season. Shares of China Mobile Ltd. bucked the broader market trend Friday to rise as much as 1.7 percent after the telecom operator…
China July factory output, retail sales, investment miss forecasts
BEIJING (Reuters) – China’s factory output slowed more than expected in July while investment and retail sales also disappointed, reinforcing views that the world’s second-largest economy is starting to lose some steam as lending costs…
Doklam standoff: China playing out its ‘Three Warfares’ strategy against India
China’s ‘Three Warfares’ against the Phillipines In 2016 … More disquietingly, the strategy appears designed to subdue India without even needing to fight.” Get latest news & live updates on the go on your pc…
China deadline for dairy exporters of infant formula
A spokesman for Australia’s Department of Agriculture and Water Resources told The Australian that the China Food and Drug Administration had not provided a specific timeframe on how long it required to assess an application…
The biggest companies in China’s Silicon Valley
Combined with financial and regulatory backing for home-grown brands, China has a booming tech industry to call its own. While we’re all familiar with many of California’s biggest tech companies, it’s Shenzhen that’s has earned…
China a sweet spot for U.S. companies’ earnings in second quarter
SHANGHAI (Reuters) – Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. Whether they sell construction equipment, semiconductors…
China Unicom reports huge profit rise on business transformation
BEIJING, Aug. 13 (Xinhua) — China Unicom, one of the country’s three state-owned telecommunications carriers, reported a surge in first-half profits due to its efforts in business transformation. In a brief statement to the Shanghai…