China on Friday outlined its ambitions to extend President Xi Jinping’s signature Belt and Road Initiative to the Arctic by developing shipping lanes opened up by global warming. Releasing its first official Arctic policy white…
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China to develop Arctic shipping routes opened by global warming
Fears that China wants to plunder Arctic resources or damage the environment were “absolutely unnecessary”, Vice Foreign Minister Kong Xuanyou said, according to Reuters news agency. The paper does acknowledge China’s interests in oil and…
This Week In China Tech: Record Breaking IPOs And News From Davos
There was massive tech news coming from China this week from staggering IPOs and massive fundraising rounds to complicated international listing announcements and central government directions. Every week, we try to help you take count…
China considering merging its banking, insurance regulators: report
China is considering a merger of its banking and insurance regulators, Bloomberg News reported on Friday, citing people familiar with the matter. Government agencies under the direction of a Communist Party central reform group led…
Sogou doubles down on AI with launch of real-time translation and transcription devices
At the start of the Sogou Partner Conference in Beijing, the audience heard a recording that sounded like American President Donald Trump congratulating Sogou on the recent IPO and how this was a step forward…
China’s bitcoin crackdown has simply driven trade underground
Bobby Lee, the founder and CEO of China’s oldest bitcoin exchange BTCC, told Business Insider: “It’s gone underground. “The point is the demand is there. It’s not like you ban alcohol and you can’t get…
China unveils vision for ‘Polar Silk Road’ across Arctic
BEIJING (Reuters) – China on Friday outlined its ambitions to extend President Xi Jinping’s signature Belt and Road Initiative to the Arctic by developing shipping lanes opened up by global warming. Releasing its first official…
China claims its activities in Arctic will bring opportunities
Vice Foreign Minister Kong Xuanyou said China is interested in participating in scientific … and companies would “bring opportunities to the Arctic,” Kong said at a news conference called to introduce the government’s first comprehensive…
Hong Kong stocks power to new high led by property, IT firms, China also up
SHANGHAI, Jan 26 (Reuters) – Hong Kong stocks recouped their losses from the previous session and hit a new peak, poised to record their seventh straight week of gains, bolstered by a strong rally in…
China Starts Experiment to Tame Its Wild Property Market
Chinese President Xi Jinping has unleashed the world’s biggest experiment aimed at taming runaway property prices. After Xi used a milestone Communist Party Congress in October to push a housing model that emphasizes renting, a…
China Considers Merger of Banking, Insurance Watchdogs
China is considering a merger of its banking and insurance regulators, people familiar with the matter said, as it seeks to better coordinate its attempts to counter financial risks in the world’s second-largest economy. Government…
China considering merging its banking, insurance regulators – Bloomberg
BEIJING (Reuters) – China is considering a merger of its banking and insurance regulators, Bloomberg News reported on Friday, citing people familiar with the matter. Government agencies under the direction of a Communist Party central…
China’s BAIC Plans Listing Electric Car Unit
China’s state-backed Beijing Automotive Group (BAIC) will take its electric vehicle unit public by injecting it into another listed subsidiary, boosting its financial muscle as the battle for the country’s hotly contested green car market…
