BEIJING (Reuters) – China will steadily reform and further open its financial sector while putting “equal emphasis” on preventing financial risks through regulation and supervision, the new central bank governor said on Sunday. In his…
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China’s new central banker pledges to rein in financial risk
BEIJING — China’s new central bank governor has outlined sweeping changes aimed at reining in rising debt and financial risks but expressed confidence Beijing can prevent potential dangers. Speaking at an economic conference, Yi Gang…
China names Guo Shuqing as central bank party secretary: NYT tweet
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, has been named as Communist Party chief of the People’s Bank of China (PBOC), the New York Times said…
China will steadily advance financial reforms, open up sector: PBOC’s Yi Gang
BEIJING (Reuters) – China will steadily push forward financial reforms as it further opens up the sector, Yi Gang, the central bank’s new governor, said on Sunday, adding that the process of opening up will…
China renews pledges to open economy, protect intellectual property rights
China pledged on Sunday to press ahead with market opening and reforms while reiterating that it will treat domestic and foreign firms equally and protect intellectual property rights. The pledge on reform and equal treatment…
China’s new finance says some tax changes coming
BEIJING (Reuters) – China’s new finance minister on Sunday vowed to push ahead fiscal reforms, including changes in tax on manufacturing and transportation, to support the government’s goal of “high-quality” growth. Liu Kun made the…
China renews pledges to open economy, protect IP rights
BEIJING (Reuters) – China pledged on Sunday to press ahead with market opening and reforms while reiterating that it will treat domestic and foreign firms equally and protect intellectual property rights. The pledge on reform…
China ‘moving forward’ in technology research
Cai Rui, deputy director of the Dalian Institute of Chemical Physics, believes China is catching up with the West in the technology race. Provided to China Daily Cai Rui believes China is catching up with…
China targets $3 billion of US goods in tariff spat
BEIJING (AP) — China announced a $3 billion list of U.S. goods for possible retaliation in a tariff dispute with President Donald Trump and girded Friday for a bigger battle over technology policy as financial…
China is Working on a Rocket as Powerful as the Saturn V, Could Launch by 2030
According to statements made by the Academy of Aerospace Propulsion Technology (AAPT) – part of the China Aerospace and Technology Corporation (CASC) and the one’s responsible for developing the hardware – these engines would be…
China should not seek high growth as financial risk mounts: party official
BEIJING (Reuters) – China should focus less on rapid economic growth and more on the quality of its economy, given the dangers from already accumulating financial risks, a senior Chinese Communist Party official warned on…
China should not seek high growth as financial risks mount, warns government official
China should focus less on rapid economic growth and more on the quality of its economy, given the dangers from already accumulating financial risks, a senior Chinese Communist Party official warned on Saturday. In the…
China warns U.S. it will defend own trade interests
China’s commerce ministry expressed regret at the filing on … SOYBEANS, AUTOS, PLANES The commerce ministry’s response had so far been “relatively weak”, respected former Chinese finance minister Lou Jiwei said at the forum. “If…
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