BEIJING — China has added two satellites to its homegrown global navigation and positioning network that seeks to reduce reliance on the U.S.-based Global Positioning System, state media reported Monday. The pair of Beidou-3 satellites…
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China named 2017’s fastest growing nation brand
China is fast closing the gap with the US when it comes to the prestige and value of its national brand. According to 2017’s annual Brand Finance Nation Brands study, China is the fastest growing…
Hong Kong stocks tumble as negative news triggers profit-taking; China calm
SHANGHAI, Nov 6 (Reuters) – Hong Kong stocks fell sharply on Monday morning as negative news flows at the weekend – including a corruption crackdown in Saudi Arabia and a call for tougher regulation in…
China’s answer to anthem disrespect: up to 3 years in prison
Such punishments previously applied to the desecration of the national flag and emblem in public, China’s official Xinhua News Agency reported. The legislature also moved to apply a separate, recently passed law on the national…
China to expand corruption supervision pilot scheme nationwide: Xinhua
BEIJING – China will expand a pilot project for anti-graft supervision reforms nationwide next year that will consolidate existing corruption agencies, state-run news agency Xinhua reported, as President Xi Jinping expands his signature policy drive.…
China, ISIS threats get India, US together in Sri Lanka and Maldives
China has consolidated its hold on the island … India’s policies in the Indian Ocean region are undergoing a sea change. Get latest news & live updates on the go on your pc with News…
Lotte gets approval for China property project as bilateral tensions ease
SEOUL (Reuters) – Lotte Corp (004990.KS) said on Monday that a major property development in China had received approval from local authorities to start a second phase of construction – the latest sign that tension…
China Unicom (Hong Kong) Ltd (NYSE:CHU) Upgraded at Nomura
China Unicom (Hong Kong) Ltd (NYSE:CHU) was upgraded by stock analysts at Nomura from a “reduce” rating to a “neutral” rating in a research note issued to investors on Thursday, October 26th, MarketBeat reports. A…
China’s Shadow Banking Halts as Regulation Bites, Moody’s Says
China’s shadow banking sector, estimated by some analysts to be worth 122.8 trillion yuan ($18.5 trillion), stopped growing in the first half of the year as issuance of wealth management products declined, according to Moody’s…
China shadow banking activity as percentage of GDP falls in H1: Moody’s
HONG KONG (Reuters) – China’s broad shadow banking activity stopped growing in the first half of 2017 and declined relative to gross domestic product for the first time in five years, Moody’s Investors Service said…
Brands that portray Chinese women as successful and powerful are gaining an edge
China’s young, affluent female consumers are increasingly choosing products and companies that advocate progressive feminist values over those that don’t, analysts say. Brands that get this right will gain an edge over their competitors. “This…
China’s central bank chief urges Beijing to promote equity, cut debt, eliminate ‘zombie’ companies
China’s central bank boss spelled out his strategy to prevent a future financial crisis, urging broadened equity funding and direct finance to reduce corporate leverage and eliminate “zombie” companies, official media reported on Saturday. Zhou…
China’s Central Bank Chief Warns of ‘Sudden, Contagious and Hazardous’ Financial Risks
China’s financial system is getting significantly more vulnerable due to high leverage, according to central bank governor Zhou Xiaochuan, who also flagged the need for deeper reforms in the world’s second-biggest economy. Latent risks are…
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