Without a comprehensive strategy to tackle the overhang, there is a growing risk China will have a banking crisis or sharply slower growth or both, the International Monetary Fund said last year. China’s central bank…
Monthly Archives For November 2017
China treads carefully to tame financial cycles
While the market debates China’s latest round of economic growth, national regulators are focusing on an equally important factor of the economy: financial cycles. In its latest quarterly monetary policy implementation report, the People’s Bank…
Beijing kindergartens get permanent inspectors after abuse scandal – Xinhua
SHANGHAI (Reuters) – Beijing will hire permanent inspectors to provide oversight at every one of its kindergartens following child abuse allegations at a facility run by the New York-listed RYB Education, state news agency Xinhua…
Chinese kindergarten investigation: Beijing police detain teacher
Beijing (CNN)Police in Beijing have detained a teacher as they investigate allegations that children were drugged and molested at a kindergarten. A 22-year-old female teacher surnamed Liu at RYB Xintiandi, a private kindergarten in Beijing,…
Beijing Hinders Free Speech in America
I spent nearly seven years in a Chinese prison for being a leader of the 1989 Tiananmen Square protests. I was freed in 1998, and the Chinese government let me leave the country. I chose…
China’s RYB Education fires head of Beijing kindergarten embroiled in abuse scandal
A security camera is pictured at the kindergarten run by pre-school operator RYB Education Inc being investigated by China’s police, in Beijing Thomson Reuters BEIJING (Reuters) – Chinese educational services provider RYB Education Inc said…
China Mobile and partners to develop apps on 5G
China Mobile has partnered 112 companies to develop new applications on 5G that should be available between 2018 and 2020 , the world’s biggest mobile carrier said yesterday. The latest apps cover drone, bike sharing,…
China Mobile to Invest Two Billion Yuan on IoT Services in 2018
China Mobile Ltd., the world’s largest wireless carrier by subscribers, said it will roll out a 2-billion-yuan ($303 million) subsidy program next year for customers who purchase its Internet of Things (IoT) technology. China Mobile…
Explosion in China port kills 2, injures 30
Add China as an interest to stay up to date on the latest China news, video, and analysis from ABC News. An explosion in a port city south of Shanghai on Sunday killed two people…
Teacher Detained After Abuse Allegations at Beijing Kindergarten
BEIJING — A kindergarten teacher suspected of abusing children was detained by the police in China’s capital, state media reported on Saturday, as the city government tried to contain public fury over claims that children…
Police investigate claims of sexual abuse at Beijing kindergarten
Chinese police are investigating claims of sexual molestation and needlemarks on children at a Beijing kindergarten, the latest case in a booming childcare industry to spark outrage among parents. The official Xinhua news agency said…
Beijing steps up evictions in gentrification push
Beijing has started a citywide wave of demolitions and evictions within migrant worker communities, the biggest city clean-up campaign in a decade. The surge in evictions was prompted by an apartment fire last week that…
Factory explosion in China port kills 2, injures 30
Add China as an interest to stay up to date on the latest China news, video, and analysis from ABC News. A factory explosion in a port city south of Shanghai on Sunday killed two…