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China appeals for cooperation as it warns of ‘trade war’
Washington accuses China of flooding global markets with unfairly low-priced steel and other goods and stealing or pressuring foreign companies to hand over technology. “The business community has always supported the idea that open market…
Air China to Launch New Beijing-Houston-Panama City Route
BEIJING, March 26, 2018 /PRNewswire/ — On 5 April, 2018 Air China will launch a new route from Beijing to Panama City via Houston. The new route is expected to greatly facilitate exchanges between both…
Beijing issues three-day major smog alert, third this year
Saturday’s orange alert, the second-highest in a four-level system after red, will run from Monday to Wednesday, the Beijing environmental protection bureau said in a post on its official Weibo microblog account. The central part…
Mnuchin: Trump not afraid of a trade war with China – Fox News
WASHINGTON (Reuters) – Despite threats of retaliation from China over U.S. plans to impose tariffs on up to $60 billion in Chinese goods, Treasury Secretary Steve Mnuchin on Sunday said President Donald Trump had no…
China to Name Reformer Guo Shuqing as Party Secretary of Central Bank
BEIJING—China has picked a reform-minded financial regulator to be the party secretary of the central bank, according to people familiar with the matter, a move that could bolster momentum for financial overhauls. Guo Shuqing, who…
China Unicom boosts capex after 2017 recovery
China Unicom, the country’s second largest mobile operator, plans to increase capex this year by 19 per cent to as much as CNY50 billion ($7.9 billion) after cutting back on network investment sharply in 2017.…
China to name reformer Guo Shuqing as central bank party chief: sources
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, can be expected to also be installed soon in the role of Communist Party chief of the People’s Bank…
China’s new central bank chief pledges steady opening of financial sector
BEIJING (Reuters) – China will steadily reform and further open its financial sector while putting “equal emphasis” on preventing risks through regulation and supervision, the new central bank governor said on Sunday. In his first…
China appeals for co-operation, warns against ‘trade war’ amid dispute with U.S.
However, he also emphasized that China’s income per person still is low … interest and hopes both sides will remain rational,” according to the official Xinhua News Agency. Consumers would be the biggest victim in…
China will steadily advance financial reforms, open sector: Central bank governor
In his first public speech since becoming central bank chief last week, Yi Gang told the China Development Forum in Beijing that opening up leads to progress while closure points to backwardness. The sector’s opening…
China will steadily advance financial reforms, open sector: central bank’s Yi Gang
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…
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…