On Tuesday, Swedish Minister for Foreign Affairs Margot Wallstrom said in a news release that China has given no clear explanation for Gui’s detention. Sweden has already summoned China’s ambassador in the Scandinavian country over…
Monthly Archives For January 2018
Beijing’s population falls for first time in 20 years
(CNN)The population of Beijing fell for the first time in two decades, state media reported Wednesday, amid ongoing efforts by the city’s government to drive out migrant workers. Beijing’s population dropped by 0.1% in 2017,…
Chinese news outlets like to steal my stories — but they probably won’t take this one
Its failure has changed China” was again translated and published by major Chinese portals including Sina and NetEase , Beijing-based news and information content platform Jinri Toutiao, and technology news website cnBeta, which together generated…
China’s cryptocurrency crackdown cost bitcoin company BTCC tens of millions in revenue: ‘It was in the realm of our worst possibility’
China banned bitcoin exchanges at the end of 2017 … BTCC founder and CEO Bobby Lee told Business Insider: “We always knew it was a risk that the Chinese government would look unfavourably on bitcoin…
China’s method of business will ultimately beat out the US approach, CEO says
Chinese entrepreneurs are focused on their domestic market, but they will start looking abroad within the next five to 10 years, according to the chairman and CEO of venture capital firm Sinovation Ventures. When that…
China wants to make the chips that will add AI to any gadget
Computer chips are key to the success of AI, so China needs to develop its own hardware industry to become a real force in the technology (see “China’s AI Awakening”). The West shouldn’t fear China’s…
China tries to quell protests over failed investment scheme
Qianbao had as many as 200 million registered users, according to Chinese news reports. The founder, Zhang Xiaolei — dubbed “China’s most notorious swindler” by one newspaper — turned himself in Dec. 26 to Nanjing…
BRIEF-China Development Financial Holding unit disposes stake in Chipbond Technology for T$308.9 mln
* Says its unit CDIB Capital Group disposed 5 million shares of Chipbond Technology Corp, at the average price of about T$61.78 per share, for T$308.9 million in total ( read original story …)
Rogoff: China is the top candidate for being at the center of the next big financial crisis
Below is a new interview with Ken Rogoff, published in today’s issue of the Swiss Business newspaper Finanz und Wirtschaft by editor Christoph Gisiger. Excerpts from the interview re-printed with permission Get the entire 10-part…
Reform vital for China’s financial market to flourish
If China is to become a global powerhouse in the new era, an important indicator that cannot be bypassed is its international financial status. A great country should have an open and highly marketized financial…
Davos 2018: China vows to save world from 2008-like economic crash to avert chain reaction
the deputy chief of the China Regulatory Securities Commission and a key architect of policy, hit back at those he accused of trying to make money from a suspected crash. He said the Chinese banking…
Beijing to launch campaign to root out ‘low taste’ video games: Xinhua
BEIJING (Reuters) – Beijing is starting a special investigation campaign into online video games to root out those with “low taste”, the official Xinhua news agency reported. The month-long campaign that began Monday will seek…
Beijing, Shanghai record first population decline in 40 years
The population of Beijing and Shanghai, for the first time since 1978, recorded a slight decline in 2017, as China’s two mega cities strive to shed lower-end industries and slow population growth. According to the…
