Beijing has emerged as the best city in its region for air quality improvements over the past four months – a time when the capital usually suffers its worst air pollution – according to the…
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Pakistan back on terror financing watchlist as China stays silent
NEW DELHI: China stayed neutral as Pakistan was put back on an international terrorism financing “grey list”, three years after it was removed from that list. As the plenary meeting of the Financial Action Task…
China securities regulator proposes to delay IPO reform
SHANGHAI, Feb 23 (Reuters) – China’s top securities regulator Liu Shiyu has proposed to delay a deadline for the government to authorise a registration-based initial public offering mechanism until Feb. 29, 2020, the official Xinhua…
China’s new anti-graft superministry adds to concerns about suspects’ rights
Though China’s criminal justice system has long been criticized … The National Peoples Congress declined to comment on the issue. A parliament news department official said they would answer reporters’ questions during next month’s parliament…
Exclusive: Xi confidant emerges as front runner to head China’s central bank – sources
BEIJING (Reuters) – Liu He, a Harvard-trained economist who is a trusted confidant of Chinese President Xi Jinping, has emerged as the front runner to be the next governor of the People’s Bank of China…
China regulator to assume management of Waldorf owner Anbang
China’s insurance regulator said Friday it is assuming management … “At present, operations of the Anbang Group are stable overall and business is basically steady,” the statement said. “The legitimate rights and interests of insurance…
China ‘highly concerned’ over possible breach of UN sanctions on North Korea
“China is highly concerned about the situation and we are in the middle of an investigation,” Geng said at a regularly scheduled news conference. Punishment of any Chinese entities found to have been involved would…
China seizes control of insurance giant Anbang
In an unusual move, Anbang Insurance Group will now be taken over by China’s insurance regulator for one year. The firm is known for its aggressive international acquisitions, including New York’s Waldorf Astoria hotel. “Clearly…
China’s Huawei set to lead global charge to 5G networks
FRANKFURT/HONG KONG (Reuters) – China’s Huawei is forging closer commercial ties with big telecom operators across Europe and Asia, putting the company in prime position to lead the global race for next-generation 5G networks despite…
China’s central bank continues to inject liquidity into market
BEIJING, Feb. 23 (Xinhua) — The People’s Bank of China, the country’s central bank, pumped 230 billion yuan (about 36 billion U.S. dollars) into the financial system through open market operations Friday. The operations will…
China prosecuting tycoon who considered Kushner investment
News reports have accused Anbang of misreporting the source … Regulators said they wanted to cool spending on foreign real estate and other assets they said did nothing to develop China’s economy. Following that, Anbang…
China’s cutthroat smartphone market is coming down to a handful of major brands
Consumers in China are waiting longer for more significant upgrades in features before replacing their smartphones, contributing to a slowdown in sales in the world’s largest mobile handset market. Major Chinese smartphone firms are expected…
Beauties revive cosmetics brands
For instance, Cle de Peau Beaute, a high-end brand of Japanese cosmetics manufacturer Shiseido Co Ltd, has been in the China market for nearly two decades. But, until recently, it remained largely obscure and was…
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