SAN FRANCISCO/HONG KONG (Reuters) – Chinese conglomerate Dalian Wanda Group has tapped three banks including Citigroup Inc and UBS Group AG to work on a proposed initial public offering for its sports businesses, four people…
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Ford tests Focus prototype in U.S. ahead of China production launch
DETROIT (Reuters) – Ford Motor Co is testing prototypes of the redesigned 2020 Focus compact car on U.S. roads 18 months ahead of the car’s production launch in China. The 2020 Focus will be the…
People: PBoC deputy appointed vice-mayor of Beijing
China: One of the Chinese central bank’s deputy governors has been appointed the vice-mayor of Beijing, according to an official government announcement. Yin Yong, who was appointed deputy governor of the PBoC in 2016, was…
China and the west head for a clash of systems
The Davos splash made last year by Xi Jinping, China’s leader, derived from his apparent defence of globalisation. His message played well to the globetrotting elite, but a year later the disharmonies between China and…
China bans hip hop, actors with tattoos from appearing on television
and funeral culture (decadent culture),” according to news portal Sina. Rappers PG One and GAI, who were both featured on the massively popular show “Rap of China,” have been sanctioned for content that runs counter…
China is already gene-editing a lot of humans
A new report says at least 86 people have had their genes edited in China to help cure disease. What’s new: An investigation by the Wall Street Journal says that CRISPR gene-editing has actually been…
China defends role in trade after U.S. criticism
China is “strictly complying with WTO rules” and “making great … “We are a defender, builder and contributor of the multilateral trade system,” Hua said at a regular news briefing. “And you may have noted…
China Publishes More Scientific Articles Than the U.S.
The numbers: According to the National Science Foundation, China published over 426,000 research papers … the frequencies that affect particular ecosystems. Last week’s CES technology show sold a vision of driverless cars—but this week’s motor…
China Unicom Deploys Huawei CloudFabric To Build Private Cloud
Chinese operator China Unicom Monday announced that it has selected Huawei CloudFabric solution to build its first ever private cloud resource pool. The move marks a significant step for China Unicom in enabling its business…
BMO boosts ties with Chinese bank as country vows to open up sector
Bank of Montreal is venturing deeper into China by expanding its relationship with the country’s largest state-owned bank. A new memorandum of understanding with Industrial and Commercial Bank of China Ltd. (ICBC), signed in November…
China takes aim at hip-hop, saying ‘low-taste content’ must stop
Chinese news portal Sina reported on Friday that China’s broadcasting watchdog had said immoral and vulgar content should be kept off the air, including hip-hop – and even tattoos. The State Administration of Press, Publication,…
Shanghai Pudong Development Bank fined $72 mln by CBRC over bad loans
A new round in China’s campaign against market wrongdoing in the financial sector is unfolding, with the Chengdu branch of the Shanghai Pudong Development Bank (SPD Bank) being the latest to be penalized for illegal…
How a China Bank Foxed Regulators And May Force a Market Rethink
NSE’s Limaye Says Options Open To Stop Futures Trade From Moving To Singapore Modi’s ‘Sabka Saath’ And WEF 2018’s ‘Shared Future’ Why Jhunjhunwala, Damani Joined The Race For Binani Cement From Farm To Market: A…