China’s national drink, baijiu, is a clear, potent spirit that can range anywhere between 40-70 per cent in alcohol content. Last year more than 5 billion litres were sold, making it the most consumed spirit…
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China can do more to ease North Korea threat, says US official
China has realised that time is running out to rein in North Korea’s nuclear programme and is open to imposing further sanctions, a senior United States diplomat has said. Ms Susan Thornton, acting assistant secretary…
China hopes Indian leaders to be present at next OBOR meet
“China had invited Prime Minister Narendra Modi and other ministers to the One Belt One Road (OBOR) meet in Beijing. However, they did not find it convenient to attend the meet. Some Indian scholars had…
China continues to steal high-tech trade secrets
Those who have followed China’s technology acquisition over the last 30-plus years will recognize the latest pilfering of high-tech trade secrets as par for the course. It all started with Project 863, which was the…
Is China Outsmarting America in A.I.?
Instead, he went to China. “You couldn’t have started a lab like mine elsewhere,” Mr. Schwertfeger said. The balance of power in technology is shifting. China, which for years watched enviously as the West invented…
Beijing appoints Cai Qi as capital’s party chief: state media
BEIJING Beijing’s mayor Cai Qi has been appointed party chief of the capital city, the official Xinhua news agency reported on Saturday. Cai is close to Chinese President Xi Jinping, sources with ties to the…
China’s tighter financial regulations seen having minimal impact on economy
Chinese financial regulators have moved towards tighter oversight since March. The People’s Bank of China (PBOC) has been squeezing interbank liquidity and has pushed for economic deleveraging. The China Banking Regulatory Commission (CBRC) has issued…
China Moves to Stabilize Currency, Despite Promise to Loosen Control
HONG KONG — China has made a big show of gradually loosening its grip on the value of its currency, an effort meant to mollify critics like President Trump and experts who have long urged…
Myanmar, having warmed to the West, turns to China again
“Amid the unpredictable challenges of this democratic transition, Western influence on Burma is waning, while Beijing is becoming more assertive,” Myanmar’s Irrawaddy news website said in an editorial. Recent weeks have seen a flurry of…
Daughter of winery owners jailed in China seeking Trudeau’s help
The daughter of a British Columbia couple jailed in China last year while on a business trip is calling on the Canadian government to take action and bring her parents home as they face trial…
Taiwan tells China don’t use ‘black box’ hearing against detained activist
China’s official Xinhua news agency reported on Friday that China’s Taiwan Affairs Office said Li had been formally arrested by state security authorities in the southern province of Hunan on suspicion of subversion of state…
Beijing appoints Cai Qi as party chief: state media
BEIJING Beijing’s mayor Cai Qi has been appointed as party chief of the capital city of Beijing, the official Xinhua news agency reported on Saturday. Cai is close to Chinese President Xi Jinping, sources with…
Chinese regulator greenlights seven IPOs
BEIJING, May 27 (Xinhua) — The China Securities Regulatory Commission (CSRC) has newly approved IPO applications of seven companies, fewer than the 10 applications approved last week. The seven companies will raise no more than…
