Malpass told an Institute of International Finance forum in Buenos Aires that countries were increasingly concerned by Beijing’s move away from market liberalization, its reliance on state subsidies and its use of restrictive investment policies.…
Monthly Archives For March 2018
China’s premier hopes trade war can be averted, pledges more open economy
“I hope both China and the U.S. will act rationally, and not be led by emotions, and avoid a trade war,” Li told reporters in a televised news conference at the Great Hall of the…
China electric car execs call for policy support, end to protectionism
SHANGHAI (Reuters) – Delegates to China’s annual meeting of parliament have urged the state to provide more policy clarity for the electric car industry and overhaul a local government subsidy program they say has distorted…
China’s premier appeals to US to ‘act rationally’ over trade
“No one will emerge a winner from a trade war,” said Li, the No. 2 Chinese leader, at a news conference held during the meeting of China’s ceremonial legislature. Li made no mention of a…
China’s premier promises ‘wider opening’ of economy
BEIJING — Premier Li Keqiang on Tuesday promised China “will open even wider” to imports and investment … at a nationally televised news conference Tuesday held during the annual meeting of the national legislature. He…
China’s Xi strikes nationalistic tone in parliament address
BEIJING — Chinese President Xi Jinping struck a strongly nationalistic tone in his closing address Tuesday to the annual session of the ceremonial parliament, saying China would never allow “one inch” of territory to be…
New GSMA Report Highlights Development of Mobile IoT Networks and Applications Across Greater China Regions
China Mobile, China Telecom, Chunghwa Telecom, Huawei and ZTE Showcase How Mobile IoT is Helping to Deliver Everything From Smart Cities to Smart Metering Hong Kong: The GSMA today issued a new report, ‘Mobile Internet…
FilMart: Chinese Film Investor Er Dong Seeks IPO
Capitalizing on its overnight success, fast-rising Beijing-based film investor … He did not disclose either a date for the anticipated IPO, not the amount of new capital it would seek to raise form the share…
Beijing’s ban on gatherings of foreigners in restaurants raises eyebrows, and questions
The pride of foreigners living in Beijing has been injured by the prejudiced policy of restricting foreign entry to certain bars and eateries for the duration of the National People’s Congress in Beijing. The question…
Yi Gang Picked to Take Helm of People’s Bank of China
BEIJING—President Xi Jinping has picked an American-trained economist known for pushing pro-market overhauls to run the central bank, according to people with knowledge of the matter, adding to an economic team strong on proponents of…
China’s New Central Banker Is Just as Important as the Fed’s
The announcement on Monday of Yi Gang as the new governor of the People’s Bank of China, China’s central bank, received somewhat less notice. The world should pay more attention. This choice is as important…
Beijing Shortens Business License Application from 22 Days to 5 Days
The Beijing Municipal Administration will shorten the application process of business licensing documents. Listen to this BEIJING, NNC – Beijing Municipal Government will shorten the process of application for business licensing documents to create a…
Welcome to the US-China technology war, which could affect us greatly
In Washington three events transpired last week to affirm the US-China power struggle is escalating. Though all were notable, one incident was most significant and revealing. It wasn’t the hawkish Mike Pompeo replacing the mild-mannered…
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