HONG KONG (Reuters) – The former assistant chairman of China’s banking regulatory commission has been sentenced to 16 years in prison for accepting bribes, state media said on Thursday, as the Chinese … ( read…
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WeWork’s China Subsidiary Is Raising $500 Million
WeWork Cos.’s China-focused subsidiary is raising $500 million from Asian investors, the co-working giant said Thursday. The round values the business at $5 billion, according to people familiar with … ( read original story …)
China’s Xi says world must ‘reject protectionism outright’
The Trump administration’s trade war with China, the world’s second-largest economy, and other major trading partners has given focus to the summit to rally support for what Xi called “common prosperi… ( read original story…
China Mobile : Big investors are placing bets on China
China’s facial recognition start-ups are attracting big investments at a time when Silicon Valley’s giants are facing a backlash over their use of the technology. In the past week, Chinese facial reco… ( read original…
China to speed up special local government bond issuance to meet demand
BEIJING (Reuters) – China’s special local government bond issuance will accelerate in the second half of this year, and the finance ministry will focus the “proactive” fiscal policy on cutting taxes a… ( read original…
US airlines cave to China’s demand on referring to Taiwan
The International Air Transport Association, a trade group of global airlines, predicts that China could overtake the United States and become the world’s biggest air-travel market by 2022. The U.S. a… ( read original story…
China’s debt threat: time to rein in the lending boom
This seemed manageable. Then, in 2008, came the meltdown of the western financial system and subsequent deep recession in high-income countries. China responded with a huge investment programme amount… ( read original story …)
China’s Battered Property Shares Surge on Outlook for Profits
Things are looking up for battered Chinese property stocks this week as positive profit outlooks and a shift toward monetary easing lure investors. A Bloomberg Intelligence gauge of China real estate … ( read original…
China state media warns of renewed property speculation despite heavy curbs
BEIJING (Reuters) – China’s state news agency Xinhua said on Thursday signs of property speculation has re-emerged in some parts of the country and urged local governments to rein in prices more effec… ( read…
China adds nearly 12 million mobile customers in June
China Mobile added 3.89 million new mobile customers in June, ending the month with a total of 905.80 million customers. China Telecom attracted 5.49 million new mobile customers for a total 281.62 mi… ( read…
China kills Qualcomm’s $44 billion deal for NXP
Ask Qualcomm In March, President Donald Trump blocked a $117 billion takeover of Qualcomm by rival Broadcom (AVGO), arguing that it could help China beat the United States in developing 5G technology. … ( read…
Explosion near US embassy in Beijing wounds attacker
A man detonated a bomb outside the US embassy in Beijing on Thursday, injuring himself but harming nobody else at the American compound near the heart of the Chinese capital. Beijing police said the 2……
Man explodes small device outside US Embassy in Beijing
BEIJING (AP) — A man exploded a small homemade bomb outside the U.S. Embassy in Beijing on Thursday, injuring only himself, according to police and an embassy spokesperson. Photos on social media sho… ( read…
