The move comes amid a wider crackdown by Beijing on debt-backed investments overseas, and opaque, shadow banking-linked wealth management products at home that have been repackaged for use in overseas funds. Under the plan, the…
Monthly Archives For January 2018
China says it agrees to joint tanker collision probe with Panama, Iran, Hong Kong
BEIJING (Reuters) – The maritime authorities of China, Panama, Iran and Hong Kong on Thursday signed … The black boxes for the Sanchi and the CF Crystal have been opened, the Iranian Students’ News Agency…
A woman, an investigator, and a quest for justice in China
China Labor Watch posted it on its website … She listened, still and silent, to news of interrogations and surveillance, his son’s sudden nightmares, the jail and the bucket of urine. Her eyes welled. Elegant…
Before China can remove implicit guarantees from financial system it must take these steps, says IMF
In China, many retail investors assume that if they lose money on their investments, the bank that sold these to them should cover the losses, while the banks themselves assume that loss-making state-owned enterprises will…
China urged to release Hong Kong bookseller Gui Minhai
“That’s why it’s been a really big news for many” in Hong Kong, Poon said. WATCH: Hong Kong protesters use China National Day to call for democracy (2:27) Gui’s daughter, Angela, who is based in…
China Unicom deepens reform
A customer uses her mobile phone outside an outlet of China Unicom in Yuncheng, Shanxi province.[Photo/Xinhua] Robin Li, CEO of Baidu Inc, will shoulder a new role as a board member at China United Network…
China Mobile M850 Seen On TENAA: 5.9” FHD+ Screen, Dual Cameras & More
Once in a while, we see network carriers release their own-branded devices. T-Mobile’s Revvl Plus is an example. Chinese carrier, China Mobile appears to have a phone in the works too which has been seen…
US blacklists NKorea business interests in China, Russia
WASHINGTON (AP) — The Trump administration has imposed a slew of sanctions on North Korean financial and business networks in China and Russia in the latest effort to cut off revenues for its nuclear and…
Beijing’s struggle against pollution will be tough, take time: mayor
BEIJING (Reuters) – Beijing’s battle against air pollution will take time and be very tough to win despite recent improvements, the acting mayor of China’s capital said on Wednesday. The city has been fighting to…
Opioid sellers in China exploit U.S. postal service flaw, probe finds
At a time of massive growth in postal shipments from China due to e-commerce, the investigators found that the postal system received the electronic data on just over a third of all international packages, making…
China detained bookseller Gui Minhai ‘to stop him from telling his story’
When people hear about this news in Sweden, they feel that this is China bullying a small country like us.” Fiskesjö said the Swedish embassy and consulates in China had sought access to Gui since…
China’s getting this seven-seat Jeep but we’re not
To further tease us, Jeep’s advertising in China seems to suggest the Grand Commander will be offered in a 4×4 model. The base price is equal to roughly US$38,000, while rumours are the aforementioned Grand…
China’s Banks Are Improving (Sort Of)
The People’s Bank of China — which extended $273 billion to banks in 2017 — at least seems to recognize the scale of the problem. Banks, for their part, need to avoid seeing these injections…