Authorities have assigned the debt ceiling and the value of government debt outstanding has been declining with risks diminishing, said Wang Kebing, deputy head of the Ministry of Finance budget department. Most of the problems…
Posts By admin
Trump taking wrong approach to China, says Reagan official who helped ‘Star Wars’ beat the Soviets
The key is, China has done it through technology-based planning.The country “is run by engineers and physicists, not MBAs and economists,” Sekora said. Technology-based planning over a finance-based approach By stark contrast, Trump is merely…
China’s Xi talks tough on Hong Kong as thousands protest for democracy
Chinese President Xi Jinping swore in Hong Kong’s new leader on Saturday with a stark warning that Beijing won’t tolerate any challenge to its authority in the divided city as it marked the 20th anniversary…
China’s Xi: No tolerance for subversion in Hong Kong
Chinese President Xi Jinping warned Saturday that any activities in Hong Kong seen as threatening China’s sovereignty and stability would be “absolutely impermissible,” employing some of his harshest language yet against burgeoning separatist sentiment in…
China Vanke wins Guangzhou land auction with $8.1bn bid
China Vanke, the property group which fended-off China’s highest-profile hostile takeover attempt this year, has paid $8.1bn for land in the southern city of Guangzhou, in what is thought to be the most costly land…
U.S. blacklists Chinese bank accused of illicit dealings with North Korea
it comes a week after the president lamented that China’s promise to help with North Korea “has not worked out.” Calls to Bank of Dandong rang unanswered on Friday. Beijing, however, criticized Washington’s action, saying…
How China Unicom slashing energy cost to improve efficiency
China Unicom, as part of its green initiatives, designated approximately RMB 200 million in 2016 to conduct projects for energy conservation in technology and management, streamlined network and machine room integration, and effectively reduced energy…
China’s One-Way Deal on Green Technology
Since January, liberal states and localities have announced their intention to defy the White House on a range of policies, but none as high-profile as the blue-state reaction to Trump’s plans to leave the Paris…
China factory growth unexpectedly quickens, but debt risks pressure economy
China’s factories grew at the quickest pace in three months in June, buoyed by strong new orders in a sign of stabilizing growth, though analysts expect a further slowdown in the world’s second-biggest economy is…
Huawei, China Mobile, SAIC Motor in 5G remote driving demo
China is expected to be world’s biggest 5G Network by 2025, the industry official said during the Mobile World Congress, Shanghai, which opened 28.06.2017. The demo verified the high-bandwidth, low-latency potential in C-band frequency, laying…
US blacklists China bank, revving up pressure over NKorea
The United States has blacklisted a small Chinese bank accused of illicit dealings with North Korea, escalating the pressure on Beijing to rein in its wayward ally amid increased signs of frustration among President Donald…
Blacklisted China bank cited as North Korea’s conduit to global finance
Washington’s move to shut off Bank of Dandong from the U.S. financial system punishes a small regional Chinese lender with what U.S. authorities say has been an outsized exposure to North Korea and its banned…
Blacklisted China bank cited as a North Korea conduit to global finance
BEIJING Washington’s move to shut off Bank of Dandong from the U.S. financial system punishes a small regional Chinese lender with what U.S. authorities say has been an outsized exposure to North Korea and its…
