China said it will continue to “resolutely” tackle financial irregularities, after several officials and tycoons were punished last year in a crackdown on market manipulators and fraud. “Some unlawful and [risky] conduct has been making…
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China is not after ‘trophy-type’ investments, economist says
Prudence, on the other hand, is what China is aiming for, he said. This comes as China committed to financial reforms in an annual work report. Delegates of the National People’s Congress have voiced the…
Property market stabilized overall: Minister
According to Premier Li Keqiang’s government work report this year, China will strive to ensure that “homes are for living in, not for speculation” and will pursue “stable and healthy development” of the property market…
Bilibili Updates Terms For U.S. IPO
Bilibili has filed an amended F-1/A to raise $483 million in a U.S. IPO. The firm is a leading provider of online entertainment for younger demographics within China. BILI has posted strong revenue growth and…
A Beijing Bookstore Where George Washington Is on the Shelves
BEIJING — After the brutal suppression of China’s 1989 democracy movement, Liu Suli, a student leader who had narrowly escaped being gunned down near Tiananmen Square, recalled a boyhood dream as he brooded in his…
China’s premier appeals to U.S. to ‘act rationally’ over trade
“No one will emerge a winner from a trade war,” said Li, the No. 2 Chinese leader, at an annual news conference held during the meeting of China’s ceremonial legislature. Li made no mention of…
How China may hit back at the U.S. if Trump imposes his $60-billion tariff package
WASHINGTON – President Donald Trump is preparing to impose a package of US$60 billion in annual tariffs against Chinese products following through on a long-time threat that he says will punish China for intellectual property…
China steel association emboldened as U.S. antitrust probe dropped
BEIJING (Reuters) – China’s steel industry will resolutely respond to any trade action taken by United States, the China Iron & Steel Association (CISA) said on Tuesday as it hailed a climbdown by Washington in…
US tariffs, China trade tensions overshadow G20 finance meeting
Malpass told an Institute of International Finance forum in Buenos Aires that countries were increasingly concerned by Beijing’s move away from market liberalization, its reliance on state subsidies and its use of restrictive investment policies.…
China’s premier hopes trade war can be averted, pledges more open economy
“I hope both China and the U.S. will act rationally, and not be led by emotions, and avoid a trade war,” Li told reporters in a televised news conference at the Great Hall of the…
China electric car execs call for policy support, end to protectionism
SHANGHAI (Reuters) – Delegates to China’s annual meeting of parliament have urged the state to provide more policy clarity for the electric car industry and overhaul a local government subsidy program they say has distorted…
China’s premier appeals to US to ‘act rationally’ over trade
“No one will emerge a winner from a trade war,” said Li, the No. 2 Chinese leader, at a news conference held during the meeting of China’s ceremonial legislature. Li made no mention of a…
China’s premier promises ‘wider opening’ of economy
BEIJING — Premier Li Keqiang on Tuesday promised China “will open even wider” to imports and investment … at a nationally televised news conference Tuesday held during the annual meeting of the national legislature. He…
