China already has the largest automotive sector in the world … Earlier this year, Geely agreed to buy 49.9pc of Malaysian car business Proton and 51pc of Lotus, which was owned by Proton. In 2013…
Monthly Archives For December 2017
China lashes out at German ambassador over cyber security
Foreign companies use VPNs to communicate securely with their offices abroad and to see news and other websites that are blocked by Chinese web filters. Companies already cite internet controls as among the biggest obstacles…
China central bank skips open market operations for 4th consecutive day
BEIJING, Dec. 27 (Xinhua) — China’s central bank suspended open market operations for the fourth working day Wednesday, citing sufficient liquidity in the banking system. “The rising fiscal spending near year-end is sufficient to offset…
Why China jails activists at Christmas
That can make it the ideal time to bury bad news, experts say. This was on show Tuesday … at least 146 lawyers and their families were detained in a nationwide swoop according to the…
China says part of Hong Kong rail station to be subject to mainland laws
BEIJING/HONG KONG (Reuters) – China’s parliament on Wednesday said part of a Hong Kong high-speed railway station being built in the city center would be regarded as Chinese territory, an unprecedented move that critics say…
What does 2018 have in store for bitcoin, Chinese growth and Hong Kong property prices?
Gravity can be defied, but not indefinitely – this basic law of more or less everything has been proven time and again, yet China’s four decades of economic … that’s a no-brainer – in a…
China bourses behind Asia’s lead in global IPO boom
Louis Lau, partner at KPMG China, said Beijing’s drive to defuse financial risk will continue to support the mainland IPO market. “Deleveraging and supply-side reforms will cause [bank] lending to decline,” Lau said. “That will…
China regulator flags greater scrutiny on chips after price surge
SHANGHAI (Reuters) – China’s economic regulator is paying close attention to a recent surge in the price of mobile phone storage chips and could look into possible price fixing by the firms that make them,…
China extends tax rebate for electric cars, hybrids
BEIJING/SHANGHAI (Reuters) – China will extend a tax rebate on purchases of so-called new-energy vehicles (NEV) until the end of 2020, a boost for hybrid and electric car makers amid a shift by policy-makers away…
Trying to fight pollution, China is now the world’s largest issuer of ‘green’ bonds
Since then, regulators of the country’s banking, corporate and securities sectors have issued guidelines that define a “green” project and outline the eligibility criteria for green bond issuers. China’s Green Finance Committee is reportedly working…
‘Hawaii of China’ dumps GDP targets to save its tropical beaches
Something’s in the air as environment becomes new battleground for China’s cadres Adding to the problems, the inspectors found the island’s sewerage systems were inadequate to cope with all the property projects being built and…
China upset at Japan’s plan to buy F-35B stealth fighter ‘jump jets’ for its helicopter carriers
CHINA has warned another nation not to convert its warships into F-35 stealth fighter carriers — or it will revive the dark days of WWII. JAPAN can’t have aircraft carriers. And just to be sure,…
China hands down harsh sentence to rights activist
Add China as an interest to stay up to date on the latest China news, video, and analysis from ABC News. A prominent activist who calls himself the “Ultra Vulgar Butcher” for mocking and pressuring…