China is emerging as a massive creditor to its economic allies taking up projects to upgrade roads, harbors and airports, making it an increasingly important financial influence on the world stage. China is financing as…
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China to Recruit Civilian Astronauts
China will begin recruiting civilian astronauts for its military-backed space program and plans to increase the number of crewed missions to around two a year, a top official with the country’s space program said. China’s…
China says must control money supply to combat financial risk
BEIJING (Reuters) – China must strengthen regulatory oversight and control the overall amount of money supply to guard against mounting financial risks in the economy, a top economic official said on Sunday. Yang Weimin, the…
‘President for life’ not a bad idea, Trump says of China proposal
Abroad, China is faced with maintaining stability and avoiding the … The Associated Press contributed to this report. Amy Lieu is a news editor and reporter for Fox News. ( read original story …)
Too little, too late? Foreign bankers fall out of love with China as Beijing fails to open up
Banking is a litmus test for the broader Chinese economy. For decades, Beijing took it for granted that overseas investors would be waiting at the gates, keen for a share of a massive market. But…
China to recruit civilian astronauts, boost crewed missions
China will begin recruiting civilian astronauts for its military-backed space program and plans to increase the number of crewed missions to around two a year, a top official with the country’s space program said. China’s…
China says its increasingly powerful military is no threat
That move follows complaints that China isn’t open enough about how it funds its military or what the goals of its massive campaign of expansion and modernization are. Zhang sought to strike a reassuring tone…
As Xi Jinping consolidates power in CPC, China’s parliament prepares to ward off financial risks
Beijing: China’s annual parliament gathering kicks off on Monday as an ever-stronger President Xi Jinping presses ahead with efforts to ward off financial risks without undermining the economy. The run-up to the National People’s Congress…
China says its ‘moderate’ defense spending rises are no threat
“In recent years, China has moderately raised defense investment,” he told a news conference. “Part of it has been to make up for past investment deficiencies, mostly on renewing equipment (and) improving material benefits for…
US aircraft carrier in Vietnam for historic visit aimed at Beijing
Danang, Vietnam (CNN)For the first time since the end of the Vietnam War more than four decades ago, a US Navy aircraft carrier will set anchor in the country Monday. Publicly, the United States has…
Beijing Guoan sign Cedric Bakambu in African-record £65m deal
Beijing Guoan have completed an unbelievable African-record move to sign Villarreal forward Cedric Bakambu for £65m. The DR Congo international penned a four-year deal with the Chinese Super League and was presented as a Guoan…
China: Trump’s tariffs to have ‘huge impact’ on global trade
However, Parker said, soybeans might be held for use later on a bigger issue such as the “301” investigation into Beijing’s technology policy, which could have a broader impact. Trade makes up a smaller share…
China to strictly control new solar capacity expansion, boost tech innovation
BEIJING (Reuters) – China will strictly control the expansion of solar power production capacity and encourage more innovation, the industry ministry said in new guidelines Thursday, to improve technology and cut production costs in its…