The U.S. Navy has deployed a destroyer to sail close to the Spratly Islands, an area in the South China Sea claimed by Beijing. The move prompted a furious response from Beijing, ratcheting up ……
Monthly Archives For October 2018
Beijing demands apology after UK Conservative Party kicked out a Chinese journalist who slapped a party volunteer
Beijing is demanding that the British Conservative party apologise for kicking out a Chinese journalist who slapped a volunteer at a conference. Kong Linlin, a reporter for the state-run China Global … ( read original…
China Mobile (CHL) Shares Rose While Lazard Asset Management LLC Has Upped Position by $124.67 Million
Lazard Asset Management Llc increased its stake in China Mobile (CHL) by 13.63% based on its latest 2018Q2 regulatory filing with the SEC. Lazard Asset Management Llc bought 2.83M shares as the compan… ( read…
China banking system outlook stable for next 12-18 months: Moody’s
BEIJING, Oct. 1 (Xinhua) — The Chinese banking system will have a stable outlook over the next 12 to 18 months amid a steady operating environment, according to a report released by credit rating age……
World Bank finances rural road project in east China
BEIJING, Oct. 2 (Xinhua) — The World Bank has decided to lend 200 million U.S. dollars to a transport project in east China to improve the maintenance and management of rural roads. The project will…
Tennis-Del Potro Powers Past Ramos-Vinolas in Beijing Opener
(Reuters) – U.S. Open finalist Juan Martin del Potro swatted aside Spain’s Albert Ramos-Vinolas 7-5 6-2 on Tuesday to reach the China Open second round. Del Potro, playing his first match since losing … (…
China says security dialogue postponed at U.S. request
SHANGHAI (Reuters) – China has postponed upcoming security talks with the United States at the request of Washington, a Chinese foreign ministry spokeswoman said on Tuesday, amid rising tensions … ( read original story …)
Bank savings growth in China drops to record low
“Bank savings? No, I don’t have any,” a woman who is almost 30 and works in the financial circle, told The Beijing News. She added, “I don’t think about keeping a bank deposit, as the…
China condemns U.S. for South China Sea freedom of navigation operation
BEIJING (Reuters) – China expressed anger on Tuesday after a U.S. Navy destroyer sailed near islands claimed by China in the disputed South China Sea, saying it resolutely opposed an operation that it … (…
US Bancorp DE Acquires 9,203 Shares of China Mobile Ltd. (CHL)
US Bancorp DE lifted its holdings in shares of China Mobile Ltd. (NYSE:CHL) by 42.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 30,999 shares of the…
China’s tech workers work harder than their US counterparts and it could drive the country’s future success, insiders say
It’s largely agreed by both Chinese and American investors that it’s easier to get things done in China, as well. After all, in cities like Shanghai, Shenzen, and Beijing, it’s common to take meetings ……
Beijing axes coal and steel production curbs as economy slows
Beijing will not renew significant cuts on steel production and coal use aimed at improving air quality this winter, as policymakers look to boost China’s economic performance in the midst of the coun… ( read…
Pentagon chief drops planned visit to China as tensions continue
Defense officials confirmed news reports of the meeting cancellation … but the tension has spilled over into the military arena. China, for example, has refused a request for a U.S. warship … ( read original…