US President Donald Trump says North Korea showed “great disrespect” to its major ally China by “shooting off yet another ballistic missile”. Early on Monday morning, North Korea launched a short-range ballistic missile that flew…
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A crackdown on China’s £7.3 trillion ‘shadow banking’ industry is rattling markets
Shadow banking is broadly defined as financial activities such as lending which are conducted in unregulated conditions, and it’s a massive deal in China: Business expanded to around £7.33 trillion ($9.4 trillion) a year in…
China’s News Websites Face Harsh Discipline
Chinese netizens will soon have nothing but government-allowed content to read and watch, and that’s not an exaggeration. The Chinese government is conducting the most serious crackdown so far on China’s five biggest non-government news…
China must do more to restrain North Korea’s nuclear and missile programmes says Japan
Pyongyang’s official KCNA news agency said today a new ballistic missile controlled … They also discussed regional issues of concern, with China’s foreign ministry saying in a statement that Yang told Japan it should view…
In rural China, body in the woods turns out to be blow-up doll
Villagers in a rural part of Yunnan, southwestern China called police after finding what they thought … Wayao village to find an inflatable doll lying abandoned in the woods, news website Yunnan.cn reports. Officers disposed…
China’s steel scrap exports said to be ‘only a temporary phenomenon’
Closure of induction furnaces in China has created displaced volumes of scrap, some of which have been dispatched to a number of other Asian countries – including India, Japan, South Korea and Taiwan – even…
China plans underwater observation system
HONG KONG (CNN) – China is planning to build a massive underwater observation system across the disputed East and South China seas that experts say could be used to detect the movement of foreign ships.…
China may hit funds roadblock over OBOR, says think tank
NEW DELHI: China’s ‘One Belt One Road’ mega initiative could hit a roadblock, a Hyderabad-based think tank has claimed, arguing that the country may increasingly find it difficult to fund several infrastructure projects across continents…
The impact of downgrading China
On May 24 Moody’s Investor Services downgraded China’s debt for the first time since 1989 to A1 from Aa3. This is still investment grade, but just a lower rating, and is due to a rise…
China table tennis champion sued over casino debts
One of China’s best-known table tennis players is being sued by a Singapore casino over alleged gambling debts. Former world champion Kong Linghui owes Marina Bay Sands 454,375 Singapore dollars ($327,600; £255,600), according to a…
Japan urges China to play bigger role in restraining North Korea
Pyongyang’s official KCNA news agency said on Tuesday a new ballistic missile controlled … that North Korea’s actions had reached a new level of provocation. “Japan and China need to work together to strongly urge…
Big Data Is Part Of China Unicom’s New Investment Strategy
China Unicom’s deputy general manager Jiang Zhengxin said that China Unicom attaches great importance to the development of big data and considers it as a strategic business for the group and has therefore set up…
China’s shadow banking crackdown shakes markets
A crackdown on China’s $9.4tn shadow banking business is hitting bank share prices and rattling bond markets. The country’s new top banking regulator has already taken several shots at stemming the rapid growth of off-balance-sheet…
