BEIJING -- China's foreign ministry said Wednesday that it welcomes a planned visit by U.S. Treasury Secretary Steve Mnuchin to Beijing next week amid trade tensions between the world's two largest economies. Foreign ministry spokesman Lu Kang said ... ( read original story ...)
Chinese traffic police use big brother-style surveillance cameras to identify drivers with advanced facial recognition technology
Traffic police in China will implement facial recognition technology to identify drivers that violate road rules. From next Monday, police in Shenzhen, a city in south-east China, will implement 40 sets of surveillance cameras dubbed 'robocops' to identify ... ( read original story ...)
China’s financial watchdog begins inspections of banks’ risky lending: sources
BEIJING/SHANGHAI (Reuters) - China’s financial regulator has launched a nationwide inspection of banks’ risky business practices, focusing on consumer loans and real estate lending in regions with high levels of household debt, two sources with ... ( read original story ...)
China’s macroeconomy in the ‘new era’ of politics and power
Under his insistence, The segregation supervision pattern of the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission was established, meaning financial institutions would be split ... ( read original story ...)
Top US admiral says China now capable of controlling South China Sea
“China's impressive military buildup could soon challenge the ... posed the idea of moving the top U.S. military commander in the Pacific to South Korea, news.com.au reported. Australia’s Foreign Minister Julie Bishop confirmed the news Wednesday ... ( read original story ...)
China invites overseas investors to propel local chip ambitions
BEIJING (Reuters) - China is looking for billions of dollars in funds to propel its domestic ambitions in chips to cut a heavy reliance on imports, and has invited overseas investors to help it get there. The country’s industry ministry said on Wednesday ... ( read original story ...)
Greenland ruling party has most votes in election tracked by Canadian mining firms, China
Greenland, a part of the Kingdom of Denmark but with self-rule since 2009, relies on fishing and annual grants from Denmark. China unveils plans for a 'Polar Silk Road' across the Arctic Analysis What does China's new Arctic policy mean for Canada? ( read original story ...)
‘Small-town kids’ shape future of China’s consumption
with half of them likely to be located outside China's top 100 cities, according to a report by The Boston Consulting Group and AliResearch, a unit of the e-commerce giant Alibaba (NYSE:BABA - News). That transformation has already helped spur a spending ... ( read original story ...)
China stocks end lower; property, energy shares weigh
SHANGHAI, April 25 (Reuters) - China stocks closed down on Wednesday as gains in healthcare firms were offset by losses in real estate and energy shares. ** Sentiment was also curbed by losses on the Wall Street where high bond yields triggered risk aversion. ( read original story ...)
Keysight assists China Mobile to develop 5G technologies
Test and measurement company Keysight Technologies announced its partnership with China Mobile Communications to develop 5G technologies. China Mobile, the largest telecom operator, will rely on Keysight, the leading T&M supplier, to perform 5G Radio ... ( read original story ...)