China announced to deepen its value-added-tax (VAT) reform again on August 18 this year at a State Council executive meeting chaired by Premier Li Keqiang. The government’s newest move sets out to enhance the non-standardized…
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China’s Xi pledges to work to ease tensions with South Korea: state media
China’s President Xi Jinping pledged to make concerted efforts with South Korea’s President Moon Jae-in to address differences between the two countries properly, the official Xinhua news agency said on Thursday. Xi made the remarks…
Intense flooding, rain from Typhoon Hato kill at least 16 in China
China’s official Xinhua News Agency said eight more people were killed in Guangdong and one person remained missing. Typhoon Hato roared into the area Wednesday with winds of up to 160 kilometres per hour. It…
China accuses Trump of ‘sabotaging’ world trade
China is escalating the war of words with President Trump over … and trade relationship,” Commerce Ministry spokesman Gao Feng said Thursday at a regular news briefing. Trump has so far failed to follow through…
Forget NAFTA, the roaring silence around trade talks with China is even more troubling
As Canadians digest a stream of news and punditry about NAFTA renegotiations, there’s another trade relationship — possibly more consequential for our future — that’s being forged in comparative silence. The second China-Canada Foreign Ministers…
China says will use all necessary means to defend interests against U.S. trade probe
“We will take all the necessary measures to resolutely defend the interests of China and Chinese firms” in the face of the unilateral U.S. actions, commerce ministry official Gao Feng told reporters at a regular…
China’s cabinet expects information technology market to reach 6 trillion yuan by 2020
BEIJING (Reuters) – China’s State Council on Thursday issued a guideline for the development of the country’s information technology (IT) industry. The State Council expects China’s IT industry to reach 6 trillion yuan ($901 billion)…
12 dead as strong typhoon floods Macau, southern China
China’s official Xinhua News Agency said four more people were killed in Guangdong and one person remained missing. Typhoon Hato roared into the area Wednesday with winds of up to 160 kilometers (100 miles) per…
China tells U.S. that Pakistan’s security concerns must be respected
BEIJING (Reuters) – The United States must value Pakistan’s role in Afghanistan and respect its security concerns, China’s top diplomat Yang Jiechi told U.S. Secretary of State Rex Tillerson in a phone call, according to…
China stocks fall the most in 2 weeks, China Unicom tumbles
SHANGHAI, Aug 24 (Reuters) – China stocks fell the most in nearly two weeks on Thursday, as China Unicom tumbled after rallying earlier in the week as excitement over state enterprise reforms cooled. Investors were…
Exclusive: In China, the Party’s push for influence inside foreign firms stirs fears
The presence of party units has long been a fact of doing business in China, where party organizations exist in nearly 70 percent of some 1.86 million privately owned companies, the official China Daily reported…
China stocks flat as China Unicom slumps; Hong Kong follows Asian markets up
SHANGHAI, Aug 24 (Reuters) – China share indexes barely moved on Thursday morning, as profit-taking in China Unicom Network Communications Ltd cooled excitement about state enterprise reforms, though raw material stocks rebounded, aided by a…
China’s buzzing sharing economy may not be real, but the money sure is
Inspired by the huge success of companies that make a business out of sharing cars and housing, China is going through a bout of a sharing boom, with increasing number of seemingly shareable products and…
