BEIJING — Facing a blizzard of trade complaints, China is throwing an “open for business” import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force. … (…
Monthly Archives For November 2018
US charges China-controlled company in trade secrets theft
LOS ANGELES — The United States has charged a government-controlled company in China with stealing trade secrets from an American semiconductor company, the Justice Department said Thursday as it outl… ( read original story …)
Beijing Capital-Gemdale JV Buys 2 of 3 Sites at RMB 9.81B Land Sale
Beijing’s city government took in RMB 9.81 billion on the last day of October by selling a trio of land parcels, including two sites in the capital’s coveted Chaoyang district, according to an announc… (…
Beijing shows softer side as Carrie Lam takes grip
The central government is generally considered to have taken a much harsher line on Hong Kong ever since the Occupy protests of 2014. There are, however, growing signs that it is leaning towards a mor……
China Biologic Reports Financial Results for the Third Quarter of 2018
3Q18 Total Sales Up 21.9% YoY in RMB terms, or 19.6% YoY in USD terms; Non-GAAP Adjusted Net Income Down 12.7% YoY in RMB terms; Net Income Up 4.1% YoY to $32.9 Million Board of…
Small businesses take B.C. brand to Shanghai
Despite growing uncertainty over the future of Canada-China trade, interest from B.C. small and medium-sized businesses (SMEs) towards the Chinese market remains strong, say organizers of a local dele… ( read original story …)
BEIJING | US senator says China, US ‘competitors but not adversaries’
BEIJING — China and America are “competitors but not adversaries,” U.S. Sen. Lamar Alexander told Chinese Premier Li Keqiang on Thursday, despite a spiraling trade war and other tensions that have pus… ( read original…
Why Sri Lanka’s Power Struggle Is Good News for China
Want to receive this post in your inbox every day? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more. Holed up in a colonial-era mansion on…
Beijing gets World Bank thumbs-up for its better business environment
The World Bank has endorsed China’s measures to improve its business environment for both foreign and private investors, granting the world’s second largest economy its highest ever ranking in the ann… ( read original story…
China to step up policy support for rural economy: central bank vice governor
BEIJING (Reuters) – China will step up monetary policy support for rural areas and encourage local firms to raise funds in the capital markets, said a central bank vice governor, pledging that Beijing … (…
U.S.-China trade battle shows deepening economic impact across Asia
through the business confidence channel. “The real economic shock is yet to come,” he said. China’s manufacturing sector barely grew last month after stalling in September and export orders … ( read original story …)
China Property Slowdown Expected to Hurt Metals Already Hit by Trade War
China’s property slowdown is set to further weaken metals demand that’s already been hit by a trade war with the U.S. and a stronger dollar, sending prices toward their first annual loss in three year……
State official on China tech theft
The State Department is stepping up efforts to block China from acquiring American technology in a large-scale, high-technology military buildup. Christopher Ford, assistant secretary of state for int… ( read original story …)