BEIJING (Reuters) – The International Monetary Fund kept its forecast for China’s 2018 economic growth unchanged at 6.6 percent on Wednesday, but warned that overly rapid credit growth and trade frictions could pose risks for…
Monthly Archives For May 2018
At Beijing security fair, an arms race for surveillance tech
BEIJING (Reuters) – It can crack your smartphone password in seconds, rip personal data from call and messaging apps, and peruse your contact book. The Chinese-made XDH-CF-5600 scanner – or “mobile phone sleuth”, as sales…
Anarchy in … China? Wealthy Generation Z prefers domestic brands over foreign names and are more wilful, report says
China’s teenagers no longer think foreign brands are superior and are increasingly turning to home-grown names amid a perception that they are better quality with an improved user experience, says a new report, turning decades…
Jiakun Architects design Serpentine Pavilion in Beijing
Upon first seeing digital renderings of architect Liu Jiakun’s Serpentine Pavilion Beijing — a row of 38 steel rods pulled taut by cables, like fishing poles bearing a formidable catch — many were struck by…
Australia’s spat with China just a ‘misunderstanding’, says Chinese business delegation
Australia’s relationship with China is not in crisis — but no-one would blame you for thinking that, writes Stephen Dziedzic. Then came the news that a top-secret report pointed to Chinese government influence within Australia’s…
China slams surprise U.S. trade announcement, says ready to fight
“Trump is crazy. Crazy tactics might work, though,” the person added. State news agency Xinhua said China hoped that the United States would not act impulsively but stood ready to fight to protect its own…
Hongkong Land Officially Opens WF CENTRAL in Beijing
BEIJING, May 30, 2018 /PRNewswire/ — Hongkong Land today officially opened WF CENTRAL, its US$1.2 billion first flagship retail-led project in Beijing. It will play a crucial role in the redevelopment of the historic Wangfujing…
Serpentine Galleries and WF CENTRAL Officially Open Serpentine Pavilion Beijing
Designed by Jiakun Architects, the first international Pavilion in Beijing hosts an eclectic programme of art … leaders across a wide spectrum of industries including leading finance, media, entertainment, retail and hospitality experts, invited to…
Room seen for finance sector reform
Yi Gang, governor of the People’s Bank of China. [Photo/VCG] There is more room for further opening-up by China in the financial sector, with more efforts to focus on three areas-capital account convertibility, market-oriented exchange-rate…
China’s state media slam U.S. trade announcement, say Beijing ready to fight
Still hanging in the balance, however, is San Diego-based Qualcomm Inc’s proposal to acquire NXP Semiconductors NV – a $44 billion deal that requires clearance from China’s antitrust regulators. State news agency Xinhua said China…
China carries out spot checks on shadow banking-CSJ
SHANGHAI, May 30 (Reuters) – China’s banking regulator is carrying out nationwide inspections on financial institutions such as trusts to check on their shadow banking and interbank activities, the China Securities Journal reported on Wednesday…
Chinese State Media Slam U.S. Trade Announcement, Say Beijing Ready to Fight
SHANGHAI — Chinese state media criticized a U.S. announcement that it would press ahead with restrictions on investment by Chinese companies, saying on Wednesday that Beijing was ready to fight back if Washington was looking…
US to keep confronting Beijing in S. China Sea: Mattis
Aboard a US military aircraft (AFP) – Defense Secretary Jim Mattis vowed Tuesday that the US would keep confronting China over its territorial claims in the South China Sea, where Beijing has established a significant…