People take pictures of the Golden Gate Bridge as smoke from wildfires covers the San Francisco skyline Tuesday, Oct. 10, 2017. Eric Risberg/AP The smell of fire hangs in the air in San Francisco. Despite…
Monthly Archives For October 2017
Beijing wants to hasten property investment as 2017 target only half-met
BEIJING, Oct 13 (Reuters) – Beijing hit just half its target of 250 billion yuan ($38 billion) in annual property investment over the period from January to August, the Chinese capital’s housing bureau said on…
China leads the way toward an electric-car future
If China succeeds — and there is no guarantee — Beijing’s policymakers will be front and centre reimagining the global auto industry, a business that has helped define communities, industries and people’s aspirations for more…
South Korea, China extend currency deal despite missile row
South Korea and China have agreed to extend their currency swap deal, Seoul said Friday, easing concerns the deal would fall through due to tensions over a U.S. missile defense system. The two Asian countries…
China’s most-wanted fugitive jailed for eight years for graft
Some 48 have since returned to China. Yang’s prison sentence and a fine of 800,000 yuan ($121,500) was announced by the People’s Intermediate Court in Hangzhou, the official Xinhua news agency said on social media.…
China Seeks Small Stakes in, and More Sway Over, Online Firms
But the deals struck with the two online news companies could be a sign of things to come. The news media in China is becoming more difficult to police as readers and outlets migrate online…
China Sept imports blow past expectations, exports also quicken
The solid September readings will be welcome news for Beijing ahead of a major political leadership reshuffle next week, at which President Xi Jinping is expected to further tighten his grip on power. Once again,…
Mercedes-Benz, JVs to recall over 350,000 vehicles in China: watchdog
BEIJING (Reuters) – Mercedes-Benz, the luxury brand of German carmaker Daimler AG, and its Chinese joint ventures will recall 351,218 vehicles due to potential issues with air bags made by Japan’s Takata Corp, China’s quality…
China’s Trade With North Korea Slumps as Nuclear Sanctions Bite
North Koreans use boats, cars, trucks and several rail lines to carry everything from seafood to diesel fuel and mobile phones back and forth across the border, according to a report by Bloomberg News. China’s…
China’s trade growth accelerates in September
China has been credited with helping to support global demand and weaker imports might hurt suppliers for whom this country is a major market. China’s global trade surplus in September shrank 38.6 per cent from…
China September FDI jumps most in over 2 years as manufacturing, hi-tech boom
BEIJING, – Foreign direct investment (FDI) in China rose the most in more than two years in September, likely boosted by strong growth in the country’s manufacturing and hi-tech sectors, the commerce ministry said on…
Sohu.com’ Subsidiary Sogou Inc. Files Registration Statement for IPO
BEIJING, Oct. 13, 2017 /PRNewswire/ Sohu.com Inc. (SOHU … U.S. Securities and Exchange Commission relating to a proposed initial public offering (or “IPO”) of American depositary shares (“ADSs”) representing Sogou’s Class A Ordinary Shares. (…
China banking regulator, Hubei chief front runners to head central bank: sources
BEIJING (Reuters) – China’s top banking regulator Guo Shuqing and veteran banker Jiang Chaoliang are front runners to succeed Zhou Xiaochuan, the country’s longest-serving central bank head who is likely to step down next year,…