With the world’s most resource-hungry economy, China has gone into overdrive to corner natural resources. On the most essential resource, freshwater, it is seeking to become the upstream controller by manipulating trans-boundary flows through dams…
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China Seen Raising Money Market Rates Three Times This Year
China’s central bank will make modest increases in money-market rates in 2018 as it aims to keep up the pressure on deleveraging and prevent too much divergence with U.S. policy, according to a Bloomberg survey.…
A Saucy App Knows China’s Taste in News. The Censors Are Worried.
HONG KONG — One of the world’s most valuable start-ups got that way by using artificial intelligence to satisfy Chinese internet users’ voracious appetite for news and entertainment. Every day, its smartphone app feeds 120…
U.S. blocks MoneyGram sale to China’s Ant Financial
(Reuters) – A U.S. government panel rejected Ant Financial’s acquisition of MoneyGram International Inc over national security concerns, the companies said on Tuesday, the most high-profile Chinese deal to be torpedoed under the administration of…
U.S. Bars Merger of MoneyGram, China’s Ant Financial
An American national-security panel refused to approve a deal for Chinese billionaire Jack Ma’s Ant Financial Services Group to buy MoneyGram International Inc., the companies said Tuesday, in the latest sign the U.S. is tightening…
U.S. shoots down MoneyGram’s sale to China’s Ant Financial
(Reuters) – A U.S. government panel rejected Ant Financial’s acquisition of MoneyGram International Inc (MGI.O) over national security concerns, the companies said on Tuesday, the latest Chinese deal torpedoed under the administration of U.S. President…
China’s Martha Stewart? Meet the woman using feng shui and Kate Middleton’s favourite designer to build a lifestyle business empire in the East
A Beijing-based entrepreneur is taking on All-American lifestyle icon Martha Stewart with a home-grown Chinese app that uses face-scanning technology to suggest high-end products and is the exclusive retailer in China of Kate Middleton’s favourite…
China’s out-of-control space station may crash to Earth in 2 months
the space agency told Business Insider it “actually doesn’t track any debris.” Ailor said pieces of China’s space station are “really unlikely” to hit anyone or anything on Earth. “It’s not impossible, but since the…
Good news for elephants — China bans ivory sales
A ban on ivory sales in China, the world’s largest importer and end user of elephant tusks, took effect on Sunday with wildlife activists calling it a vital step to reducing the slaughter of the…
China ordered a fallen billionaire back to the country by New Year’s Eve — but he didn’t show
The order , issued by the China Securities Regulatory Commission last Monday … but had not seen any related action taken by Jia to comply, local news agency Xinhua said. of debt defaulters maintained by…
China says ‘no’ to contaminated recycling from Canada
China is saying no thanks to much of the recycled paper and plastic we’ve been shipping there for decades. China says most of the recycling material is too contaminated. The province’s environmental commissioner, Diane Saxe…
The story behind China House restaurant, serving St. John’s since the 1970s
Tam’s brother, mother and other family members came to Canada years earlier, in the 1970s. Her brother opened China House restaurant on Torbay Road. But Tam’s husband, Nam Shan Chung, stayed in Hong Kong where…
China Mobile to deploy Huawei’s CloudFabric for SDN data centre network
China Mobile has announced plans to use Huawei’s CloudFabric solution in order to develop a software-defined networking data centre resource pool. China Mobile is developing a private cloud resource pool for data centres in Hohhot…