South Korea’s new finance chief said he hopes China and his country can put aside their political rift to forge closer economic ties, and bring about an early end to China’s action against Korean companies…
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China pushing rise of electric ultra-high-performance cars
Communist leaders see electric vehicles as a way to clear China’s smog-choked cities and as an engine for economic development. “We really haven’t seen non-Chinese companies get into this super-technology market,” said Chris Robinson, who…
China cracks down on moneylenders targeting students
China is cracking down on online moneylenders who target university students, following concerns about the largely unregulated industry. A recent government directive has ordered such lenders to suspend all activities wooing student borrowers. The move…
New Beijing Chief Vows to Finally Win Fight Against Pollution
Beijing’s new top official vowed to tackle the city’s smog problem, a simmering cause of discontent among China’s expanding middle class. Cai Qi, the Communist Party chief in the capital, told a gathering of local…
China Unicom 4G subscriber base reaches 133.37 mn
China Unicom said its 4G subscriber base has reached 133.37 million by adding 5.62 million users in May 2017. China Unicom has 268.35 million total mobile subscribers. It added 1.05 million mobile phone users to…
Dead ends on the new Silk Route: Why business with China is risky business
On paper, China’s ambitious initiative to create a network through South Asia, the Middle East, Africa and Europe by building land and sea links appears an ideal vision to boost global trade and create infrastructure…
METALS-London copper edges up on buoyant China property
(Adds comment, detail, updates prices) MELBOURNE, June 19 (Reuters) – London copper climbed on Monday after China’s property market remained robust in May, but analysts expected prices to stay trapped in a range over the…
Why China is set to spend US$411 billion on 5G mobile networks
Mainland China is expected to see total investments on 5G mobile networks reach 2.8 trillion yuan (US$411 billion) in the period from 2020 to 2030, which could mark the country’s most expensive build-out of telecommunications…
China bans more synthetic opioids blamed for US drug deaths
Addressing the news conference, Justin Schoeman, Beijing-based country attache for the U.S. Drug Enforcement Administration, said: “I can tell you that when China controls a substance, (new psychoactive substances) or fentanyl-classed substance … ( read…
China-backed Asian infrastructure bank touts growth, sustainability
Leaders of the China-backed Asian Infrastructure Investment Bank touted its growing membership and commitment to sustainable development at its annual meeting, even as environmental groups were disappointed by its openness to investing in coal projects.…
South Korea Finance Chief Hopeful of Easing Tensions With China
Kim says Korea-U.S. free trade is mutually beneficial South Korea’s new finance chief said he hopes China and his country can put aside their political rift to forge closer economic ties, and bring about an…
China’s month-on-month home price growth remains robust in May
BEIJING Prices in China’s sizzling property market kept pace in May with the previous month, indicating resilient demand despite the imposition of tougher official measures to curb surging prices. Firm price gains highlight the challenge…
Iran, China hold joint naval drill in Persian Gulf
The official IRNA news agency said Sunday’s drill included an Iranian warship as well as two Chinese warships, a logistics ship and a Chinese helicopter that arrived in Iran’s port of Bandar Abbas last week.…
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