The data gives global investors their first look at business conditions in China at the start of the fourth quarter, with the government’s punishing war on smog adding to uncertainty amid early signs of a…
Monthly Archives For October 2017
Exclusive: China’s CDH, SenseTime raising about $450 million AI fund – sources
HONG KONG (Reuters) – China’s CDH Investments and Hong Kong-based start-up SenseTime Group are raising about 3 billion yuan ($453 million) to invest in firms working on artificial intelligence (AI) technology, two sources with knowledge…
Bank of China Slumps as Lender Lags Peers in Taming Bad Loans
Bank of China Ltd. shares slumped the most in almost four months in Hong Kong after the lender failed to report the same improvements in asset quality as its rivals. The stock lost 3.2 percent…
China may hand prison sentences for disrespecting national anthem
BEIJING – China’s legislature is considering a bill mandating prison sentences of up to three years for disrespecting the national anthem. The move comes amid rising nationalist appeals from the Communist Party under President Xi…
Apple is finally seeing iPhone growth in China, though it may not last
In August, Apple reported that sales in greater China dropped 10 percent from the prior year. While Chinese brands like Huawei, Oppo, Vivo and Xiaomi have struggled to gain traction in the U.S., they all…
China considers three-year jail terms for disrespecting national anthem
BEIJING (Reuters) – China’s largely rubber-stamp parliament is considering tougher penalties for those who disrespect the national anthem, including up to three years in jail, state news agency Xinhua said on Tuesday. In September, China…
China, South Korea Agree to Shelve Thaad Missile Shield Spat
Why Thaad Bothers China So Much: QuickTake Q&A Tensions over the missile shield had prompted Beijing to retaliate economically, suspending sales of package tours and hindering the operations of South Korean companies. The won extended…
South Korea, China seek to mend relations after THAAD fallout
SEOUL/BEIJING (Reuters) – South Korea and China have agreed to work swiftly to get their relations back on track following a year-long standoff over the deployment of a controversial U.S. anti-missile system in South Korea.…
China, US will have some practical cooperation on OBOR, says envoy
Ahead of US President Donald Trump’s visit to China in November, a top Chinese envoy to the US has said that Beijing and America will have some practical cooperation on one belt one road (OBOR)…
South Korea’s Moon Jae-in will meet with China’s Xi Jinping over U.S. missile-defence system
In response to the missile-defence system’s deployment, China has issued angry rhetoric and South Korean businesses operating in China have suffered economic retaliation. China believes the system poses a threat to its own security. Seoul…
China’s October factory growth cools as output weakens
New export orders also faltered and showed almost no change. A separate survey found China’s services sector also lost momentum, with the official monthly non-manufacturing PMI falling to 54.3 from 55.4 the previous month. The…
The Latest: China says it’s talked with SKoreans about THAAD
SEOUL, Korea, Republic Of — The Latest on South Korea and China agreeing to talks to improve ties (all times local): 11 a.m. The Chinese Foreign Ministry says top diplomats from China and South Korea…
South Korea says Moon will hold summit talks with China’s Xi
In response to the missile-defense system’s deployment, China has issued angry rhetoric and South Korean businesses operating in China have suffered economic retaliation. China believes the system poses a threat to its own security. Seoul…