China Unicom said it will offer data packages that will charge users no extra data fees when they use smartphones to access content of Youku, LeTV, iQiyi and other video websites, all major players in…
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China ended its one-child policy and became a 'demographic time bomb' anyway
tells Business Insider. “It’s not like you wake up one day and suddenly the world’s full of old people dependent on workers having to work harder and harder.” That especially makes sense in a country…
China Unicom Units Inflated Sales for Years, Document Shows (1)
(Bloomberg) — China United Network Communications Group Co., the state-run phone giant known as Unicom Group, found what it described as an unprecedented degree of falsified revenue, profit and asset figures at units in the…
China’s Financial Sector Clamps Down On Wealth Management Products
The growing risks in China’s financial sector have long been a hot topic on Wall Street, but until recently, the country’s policymakers have been willing to overlook these risks as growth has blossomed. Now, however,…
China's going to have to tighten its belt if it wants OBOR to be a success. Read why
China’s just-completed conference touting its Belt and Road initiative certainly looked like a triumph, with Russian President Vladimir Putin playing the piano and Chinese leaders announcing a string of potential deals and massive financial pledges.…
China's Xi says he's ready to bury the hatchet with South Korea over US missile defenses
China “is committed to resolving any issues through dialogue and coordination, which is in the fundamental interests of both countries and the region,” Xi was quoted as saying by China’s official Xinhua News Agency. Earlier…
China makes 'flammable ice' breakthrough in South China Sea
Chinese state news agency Xinhua says that makes the fuel a strong contender to replace regular oil and natural gas. But like any fossil fuel, flammable ice raises significant environmental concerns. Related: Is China unstoppable…
China and Japan find way to extract ‘combustible ice’ from seafloor, harnessing a legendary frozen fossil fuel
The official Chinese news agency Xinhua reported that the fuel was successfully mined by a drilling rig operating in the South China Sea on Thursday. Chinese Minister of Land and Resources Jiang Daming declared the…
China's Xi says willing to help end rift with South Korea
… which is in the fundamental interests of both countries and the region,” Xi was quoted as saying by China’s official Xinhua News Agency. Earlier in the day, Lee met with State Councilor Yang Jiechi,…
China claims breakthrough in mining 'flammable ice'
These are external links and will open in a new window China has for the first time extracted gas from an ice-like substance under the South China Sea considered key to future global energy supply.…
China warns Philippines to prepare for WAR if Manila drills for oil in South China Sea
In remarks that could infuriate China, Duterte hit back at domestic critics who said he has gone soft on Beijing by refusing to push it to comply with an award last year by the Permanent…
US: Chinese jets intercepted radiation-detecting plane over East China Sea
“They came much too close,” a Pentagon source told Fox News Friday. Two Chinese Su-30 aircraft on Wednesday intercepted a U.S. WC-135 Constant Phoenix aircraft conducting a routine mission in international airspace over the East…
The promising new energy source Beijing is tapping from the South China Sea and why it matters
This week, Chinese engineers collected methane gas from methane hydrate, or “combustible ice”, in the South China Sea and converted it to natural gas in a single, continuous operation. With that achievement, China joined the…