Still, state media has proclaimed China’s key role in the Silk Road and how Beijing plans to use it to challenge the West. The official Xinhua news agency, in a commentary on the front page…
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China launches first home-built aircraft carrier amid South China Sea tension
Foreign military analysts and Chinese media have for months published satellite images, photographs and news stories about the second carrier’s development. China confirmed its existence in late 2015. The launch “shows our country’s indigenous aircraft…
Netflix strikes licensing deal in China
Netflix is making its first big inroads in China through a licensing agreement with local streaming giant iQiyi. The company confirmed the deal to CBC News. It will allow Netflix’s original shows to be available…
China launches its first homegrown aircraft carrier
News of the launch comes as tensions mount over North Korea, China’s unruly neighbor and ally. However, the carrier isn’t expected to enter active service until 2020. A ship is launched when it is first…
China Mobile Denies Plan to Buy Majority Stake in Singapore’s M1
Reuters said last week that top shareholders in M1 had approached both China Mobile, the world’s biggest telco, and private equity firms to try and offload the combined stake. Together they own 61% of the…
China's President Xi calls for increased efforts to maintain financial security: Xinhua
BEIJING Chinese President Xi Jinping called on Tuesday for increased efforts to ward off systemic risks to help maintain financial security, the official Xinhua news agency said. The country’s leaders have pledged to shift the…
China to Relax Foreign Car Venture Limit in Orderly Manner
China has provided the clearest indication to date that it plans to lift the cap on how much foreign carmakers can own of their local joint ventures, putting pressure on Chinese carmakers to speed up…
Ivanka Trump-brand clothing workers endure long hours, low pay
Workers at a factory in China used by the company that makes clothing for Ivanka Trump’s fashion line and other brands worked nearly 60 hours a week to earn wages of little more than $84…
Are China’s KOLs Creating True ROI for Brands?
As social media influencers continue to leverage their massive fan bases to command significant compensation from brands in exchange for mentions, marketing departments across the world are beginning to look more closely at the ROI…
China's biggest property markets still hot, prices may rebound if curbs lifted: People's Daily
BEIJING Home prices in China’s biggest cities would likely rebound if government curbs are relaxed, a senior official from the country’s top economic planner was quoted as saying, suggesting authorities are in no mood to…
China banks miss out on U.S. investment banking bonanza
NEW YORK As scores of investment bankers profit from the fee bonanza offered by Chinese companies hunting for deals in the United States, one group is conspicuously absent – Chinese banks. Despite their deep ties…
China launches 1st domestically-made aircraft carrier
China launched its first aircraft carrier built entirely on its own on Wednesday, in a demonstration of the growing technical sophistication of its defense industries and determination to safeguard its maritime territorial claims and crucial…
China, South Africa launch science park cooperation
China and South Africa officially launched science park cooperation on Monday amid efforts to strengthen bilateral cooperation in science and technology. In a speech delivered at the launch ceremony, Chinese Vice Premier Liu Yandong noted…
