BEIJING (AP) — Five people died in an east Beijing fire, underscoring the challenges for the Chinese capital as it struggles to balance building safety with providing housing for its poor. Local media reported that…
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China’s Class of 1977: I took an exam that changed China
The news came just before midday … The exams in that year marked the beginning of China’s opening up and reform and the Class of ’77 went on to become the backbone of China’s transformation…
China’s central bank raises interest rates after Fed rise
The People’s Bank of China lifted its 7-day and 28-day reverse repurchase agreements by 5 basis points. This essentially represents a modest rise to borrowing costs and is the first rate hike since March. Beijing…
China suffers natural gas shortage as coal ban backfires
The disruption highlights the government’s difficulties in its campaign to clean up China’s smog-choked cities and reduce reliance on coal. The latest shortages stem from Beijing’s effort since 2013 to shift 3 million households in…
Feeding China’s appetite for jellyfish would take food from turtles, group warns
“China is a huge market. The idea they have fished out other … The department said no one was available for an interview with CBC News on the issue. Hoskings said the province is trying…
China Unicom (Hong Kong) Ltd (CHU) Receives Average Recommendation of “Hold” from Analysts
Shares of China Unicom (Hong Kong) Ltd (NYSE:CHU) have received an average recommendation of “Hold” from the twelve research firms that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with…
China lenders lobby to soften shadow bank rules
China will move closer to the western style,” said Qiang Liao, banking analyst for rating agency Standard & Poor’s in Beijing. “It’s a kind of convergence.” Instead of selling products that promise to combine the…
China raises market rates as data shows economic growth moderating
BEIJING/SHANGHAI (Reuters) – China’s central bank on Thursday nudged up money market rates as authorities sought to defuse financial risks without imperiling the economy, a balancing act that it has managed successfully so far this…
REFILE-UPDATE 1-China Nov property investment growth slows, sales pick up
* Nov property investment growth +4.6 pct vs +5.6 pct in Oct – Reuters calculation * Nov property sales +5.3 pct vs -6 pct in Oct * Nov New construction starts +18.8 pct vs -4.3…
China November property investment growth slows, sales pick up
BEIJING (Reuters) – Growth in China’s property investment cooled in November as an official crackdown on riskier lending and stiffer regulation of the real estate market took effect. Property investment growth eased for a second…
Lexinfintech slashes U.S. IPO size as China reins in micro-lenders
following a recent crackdown by Beijing on fast-growing online micro-lenders. Lexinfintech, which focuses on loans to educated young adults between 18 and 36, including loans for online shopping, had planned to raise up to $500…
Growth in China property investment slows to 7.5 percent in January-November
BEIJING (Reuters) – Property investment in China rose 7.5 percent in January-November from the same period a year earlier, slowing from an 7.8 percent gain in the first 10 months of 2017, official data showed…
China Unicom (Hong Kong) (CHU) Receiving Somewhat Positive News Coverage, Report Finds
Headlines about China Unicom (Hong Kong) (NYSE:CHU) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources.…
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