Beijing has joined a host of other popular Chinese cities and regions offering visitors transiting China to a third country the ability to stay and visit for up to 144 hours visa-free, doubling the time…
Monthly Archives For January 2018
Beijing to build technology park for developing artificial intelligence
BEIJING — A technology park dedicated to developing artificial intelligence will be built in Beijing in five years, authorities said. The park will be situated in suburban Mentougou district in western Beijing, covering 54.87 hectares,…
Over 90,000 visitors attend flag raising ceremony in Beijing
BEIJING (AFP): The biggest event of the new year in China was the flag-raising ceremony. A group of soldiers from People’s Liberation Army raised the national flag at the heart of Beijing Tian’anmen square on…
Beijing is pursuing a complex strategy to corner natural resources.
With the world’s most resource-hungry economy, China has gone into overdrive to corner natural resources. On the most essential resource, freshwater, it is seeking to become the upstream controller by manipulating trans-boundary flows through dams…
China Seen Raising Money Market Rates Three Times This Year
China’s central bank will make modest increases in money-market rates in 2018 as it aims to keep up the pressure on deleveraging and prevent too much divergence with U.S. policy, according to a Bloomberg survey.…
A Saucy App Knows China’s Taste in News. The Censors Are Worried.
HONG KONG — One of the world’s most valuable start-ups got that way by using artificial intelligence to satisfy Chinese internet users’ voracious appetite for news and entertainment. Every day, its smartphone app feeds 120…
U.S. blocks MoneyGram sale to China’s Ant Financial
(Reuters) – A U.S. government panel rejected Ant Financial’s acquisition of MoneyGram International Inc over national security concerns, the companies said on Tuesday, the most high-profile Chinese deal to be torpedoed under the administration of…
U.S. Bars Merger of MoneyGram, China’s Ant Financial
An American national-security panel refused to approve a deal for Chinese billionaire Jack Ma’s Ant Financial Services Group to buy MoneyGram International Inc., the companies said Tuesday, in the latest sign the U.S. is tightening…
U.S. shoots down MoneyGram’s sale to China’s Ant Financial
(Reuters) – A U.S. government panel rejected Ant Financial’s acquisition of MoneyGram International Inc (MGI.O) over national security concerns, the companies said on Tuesday, the latest Chinese deal torpedoed under the administration of U.S. President…
China’s Martha Stewart? Meet the woman using feng shui and Kate Middleton’s favourite designer to build a lifestyle business empire in the East
A Beijing-based entrepreneur is taking on All-American lifestyle icon Martha Stewart with a home-grown Chinese app that uses face-scanning technology to suggest high-end products and is the exclusive retailer in China of Kate Middleton’s favourite…
China’s out-of-control space station may crash to Earth in 2 months
the space agency told Business Insider it “actually doesn’t track any debris.” Ailor said pieces of China’s space station are “really unlikely” to hit anyone or anything on Earth. “It’s not impossible, but since the…
Good news for elephants — China bans ivory sales
A ban on ivory sales in China, the world’s largest importer and end user of elephant tusks, took effect on Sunday with wildlife activists calling it a vital step to reducing the slaughter of the…
China ordered a fallen billionaire back to the country by New Year’s Eve — but he didn’t show
The order , issued by the China Securities Regulatory Commission last Monday … but had not seen any related action taken by Jia to comply, local news agency Xinhua said. of debt defaulters maintained by…
