China is waging a “quiet kind of cold war” against the United States, using all its resources to try to replace America as the leading power in the world, a top CIA expert on Asia…
Monthly Archives For July 2018
In Senegal, China’s President Xi pledges stronger Africa ties
“Senegal takes a positive view of China’s role in Africa,” Sall said at the news conference. “For its contribution to peace and stability and equally … for the financing of budgets.” But critics say ……
Wild About Tech, China Even Loves Robot Waiters That Can’t Serve
China has become a global technological force in just a few years. It is shaping the future of the internet. Its technology ambitions helped prompt the Trump administration to start a trade war. Hundr… (…
Chinese banking regulator maintains tough line on market violations
BEIJING, July 21 (Xinhua) — Chinese banking regulators continued to take a tough line on market violations in the first half of the year to maintain stable market order and prevent financial risks. T… (…
China issues rules on wealth management of banks
The rules contain specific items designed to standardize the sector, including strengthened supervision, prevention of shadow-banking risks, better leverage control and protection of investor interest… ( read original story …)
China’s Yuan Extends Loss as PBOC Weakens Fix, Easing Bets Mount
(Bloomberg) — China’s yuan fell to a one-year low, as the central bank showed little sign of intervening to slow the currency’s descent and bets for monetary policy easing mounted. The yuan dropped 0 ……
China-UAE Conference on Islamic Banking to launch in November
DUBAI, 21st July, 2018 (WAM) — In line with the nationwide celebrations of ‘UAE-China Week’, Hamdan bin Mohammed Smart University, HBMSU, has reaffirmed its commitment to building bridges of knowledg… ( read original story …)
China President Xi welcomed in Senegal at start of Africa trip
DAKAR (Reuters) – China’s President Xi Jinping arrived in Senegal on Saturday for a two-day visit to sign bilateral deals, the first leg of an Africa tour at time when the continent is awash with…
Alibaba, Tencent in talks over stake in WPP’s Chinese unit: Sky News
Sky News said the firms, along with China Media Capital Holdings (CMC), were in early-stage discussions about buying roughly 20 percent of WPP China in a deal that would value the business between $2 ……
Trump’s raise-the-stakes strategy raises anxiety of an open-ended trade war with China
… that China plays unfair and that unilateral measures are likely needed to get China to play fairer,” said Scott Kennedy, director of the project on Chinese business and economy at the Center for S……
In China, yellow robots deliver snacks to your home
Equipped with a GPS system, cameras and radar, the robots are seen by their creator as the future of logistics in China, whe re he says one billion packages will eventually be delivered every day.…
China’s property loans to individuals see slower growth
A saleswoman (center) talks with customers at a real estate sales office in Huai’an, Jiangsu province. [Photo / China News Service] BEIJING – China’s property loans to individual purchasers grew at a … ( read…
Beijing Boom: Why Chinese tourists are visiting Montreal in record numbers
Montreal is increasingly becoming a draw for visitors from China, with the country now accounting for the second-most visitors to the city after France. The city forecasts 142,000 Chinese tourists wil… ( read original story…