(Bloomberg Opinion) — China is not just another front in President Donald Trump’s war on trade. Unlike Mexico, Canada, Europe and other targets of the president, China will be a source of economic co… (…
Monthly Archives For August 2018
Samsung may suspend operations at China mobile phone factory: Electronic Times
SEOUL (Reuters) – Samsung Electronics Co Ltd is considering suspending operations at one of its mobile phone manufacturing plants in China due to slumping sales and rising labor costs, the Electronic … ( read original…
China Faces Problem in Getting Its Banks to Lend More Money
The People’s Bank of China is tackling a problem it rarely had to worry about until recently — persuading banks to lend the money they have. Thanks to the central bank turning on the liquidity…
China has prevented ‘great tragedy’ in Xinjiang, state-run paper says
BEIJING (Reuters) – Massively stepped-up security in China’s restive far western region of Xinjiang has helped prevent “great tragedy”, a state-run newspaper said on Monday, in the country’s first res… ( read original story …)
China’s Xi beset by economic, political challenges
BEIJING — As China’s leaders gather for their annual Yellow Sea retreat … Notably, Xi used to dominate state-run newspapers’ front pages and the state broadcaster CCTV’s news bulletins on a daily ba… ( read…
Trump’s tariffs prove tougher obstacle than China expected
China’s central bank also guided interbank lending rates … Chinese officials must strike a balance between their determination to reduce financial risks and ensuring that economic growth does not sl… ( read original story …)
Insight: Beijing struggles to defuse anger over China’s P2P lending crisis
China’s propaganda machine has swung into action as Beijing seeks to reassure people that the Chinese economy and financial markets are healthy despite a trade war with the United States and steep dec… ( read…
China expels German student who researched rights lawyers
BEIJING – A German man has learned the hard way that practicing journalism in China, even for a class project, could lead to serious trouble. David Missal, 24, was pursuing a master’s degree in journa……
Beijing struggles to defuse anger over China’s P2P lending crisis
Across the city, others who had lost money investing in China’s online peer-to-peer (P2P) lending platforms – including some who had traveled from as far away as Shandong and Shanxi provinces – got si… (…
The US-China trade war is worrying some Hong Kong-owned manufacturers, CEO says
Hong Kong -owned companies that manufacture in mainland China are increasingly worried about the escalating Washington-Beijing trade war, according to one industry executive. Hong Kong’s dynamic skyli… ( read original story …)
China Unicom to use cutting-edge tech for Winter Olympics
Virtual reality video streaming and facial recognition technologies will be used in the Beijing 2022 Winter Olympics, as China United Network Communications Group Co Ltd, the country’s second-largest … ( read original story …)
China banking and insurance regulator voices support for more lending
SHANGHAI (Reuters) – China’s banking and insurance regulator said it will facilitate the transmission of monetary policy by supporting more lending by financial institutions. The China Banking and Ins… ( read original story …)
China Mobile expects continued slide in revenue-per-user due to fee cuts
* Firm has never caused any security risks -Chairman (Adds chairman comments) By Trista Shi and Maggie Liu HONG KONG, Aug 9 (Reuters) – China Mobile Ltd on Thursday said average revenue per user (ARPU…