China’s central bank has not adjusted benchmark deposit or loan rates since 2015, but the informal move by banks could result in pricier mortgages and corporate loans in line with Beijing’s efforts to discourage excessive…
Monthly Archives For April 2018
How’s the Air in Beijing and New Delhi? From London, I Smelled the Smog and Haze
LONDON — When I moved back to London in 2017 after more than 10 years living abroad, the first thing that hit me was the smell of diesel and the dusty haze hovering over the…
US Admiral warns: Only war can now stop Beijing controlling the South China Sea
THE island fortresses are built. The airfields are ready. The harbours are open. All China needs do now is move in the warships and combat jets. The chief of US Fleet Forces Command has told…
China ‘Welcomes’ Mnuchin’s Interest in Traveling to Beijing for Trade Talks
BEIJING—China showed a renewed willingness to engage in negotiations with Washington after U.S. Treasury Secretary Steven Mnuchin confirmed he is considering a trip to China to discuss the countries’ escalating trade fight. The Chinese Commerce…
BEIJING | China auto show highlights industry’s electric ambitions
BEIJING | April 22, 2018 (AP)(STL.News) The biggest global auto show of the year showcases China’s ambitions to become a leader in electric cars and the industry’s multibillion-dollar scramble to roll out models that appeal…
As chairman investigated over graft, China’s Huarong told to control risks
BEIJING (Reuters) – A senior official at China’s banking and insurance watchdog said that the new leadership of China Huarong Asset Management Co (HKSE:2799.HK – News) must effectively control risks and focus on the company’s…
China ‘welcomes’ Mnuchin’s offer to hold trade talks in Beijing
China said Sunday it would “welcome” direct trade talks with the United States in Beijing. “China has received a message from the US about its willingness to hold bilateral trade talks in Beijing,” the Chinese…
China’s ZTE says it’s seeking a solution to US tech ban
BEIJING — ZTE Corp., one of China’s biggest tech companies … The sanctions could handicap ZTE’s global business selling smartphones that use Google Inc.’s Android system and network gear for phone and internet companies that…
China’s ZTE seeks resolution of U.S. export ban
BEIJING (Reuters) – China’s ZTE (0763.HK) (000063.SZ … compliance and attaches significant importance to the work on export control compliance,” the mobile phone and telecoms company said in a statement to the Hong Kong stock…
China welcomes U.S. to visit China to discuss trade
BEIJING (Reuters) – China on Sunday said it welcomed plans by top U.S. officials to visit the country to discuss trade and economic issues, amid tensions between the world’s two largest economies. “The Chinese side…
Buddhist activists halt Chinese holy mountain IPO
Putuoshan Tourism Development has withdrawn its IPO application from the China Securities Regulatory Commission, according to a notice from the regulator, following a campaign waged over several months by monks who sought to frame the…
17 dead after dragon boats capsize in China
Seventeen people were killed after two dragon boats capsized in southern China, authorities said Sunday … A total of 60 people fell into the water. The official Xinhua News Agency said eight boats and over…
China auto show highlights industry’s electric ambitions
BEIJING — The biggest global auto show of the year showcases China’s ambitions to become a leader in electric cars and the industry’s multibillion-dollar scramble to roll out models that appeal to price-conscious but demanding…
