“China is strongly dissatisfied with this and resolutely opposes it, and has already lodged stern representations with the U.S. side,” she told a daily news briefing. The “one China” principle is the foundation for China-U.S.…
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Banks tighten mortgage loans in Beijing
In response to news that China CITIC Bank had stopped offering personal housing loans over 2 million yuan ($316,000) in Beijing, the major commercial bank said the measure aimed to help ensure the city’s progress…
China Takes Top Spot in Multinationals’ Global Investment Plans
Guangzhou, followed by Shenzhen Rated Most Favored Investment Destination in China GUANGZHOU, China, March 1, 2018 /PRNewswire/ — The American Chamber of Commerce in South China (“AmCham South China”) today released its 2018 White Paper…
China’s retiring central bank chief Zhou tipped for Boao Forum – sources
BEIJING (Reuters) – Zhou Xiaochuan, China’s longest-serving central bank governor, is tipped to become the new vice chairman of the Boao Forum — known as Asia’s Davos — after he retires next month, sources said.…
China’s CEFC chairman investigated for suspected economic crimes: source
News of the probe comes after the Chinese government last week … to curtail big-spending conglomerates as it cracks down on financial risk. Shares in CEFC China Energy’s listed subsidiary CEFC Anhui International Holding (002018.SZ)…
Beijing 2022: How China Plans to Ensure Winter Olympic Success
In 2022, Beijing will co-host the Winter Olympics and become the … The third precondition rests on successful media deals to finance the games. In 1984, the Los Angeles Olympics sought to make the games…
China Unicom reform in full swing
Marketing professional Wu Xiaoen, 28, had never imagined that working with a State-owned enterprise such as China United Network Communications Group Co Ltd or China Unicom, the country’s second-largest telecom carrier by subscribers, would entail…
Beijing-Tianjin-Hebei cluster to see organized development
In the first three quarters in 2017, the service sector accounted for 82 percent of Beijing’s total GDP during the period, during which finance, information and technology industries together accounted for more than 50 percent…
China Biologic Reports Financial Results for the Fourth Quarter and Fiscal Year 2017
— 4Q17 Total Sales Up 12.2% YoY and Non-GAAP Adjusted Net Income Down 6.8% YoY in RMB terms, or Total Sales Up 16.1% YoY to $90.1 Million and Net Income Down 226.8% YoY to a…
Beijing takes over Anbang Insurance Group in unprecedented move
But Beijing’s clampdown on risky financial practices since 2016 crippled its fund-raising. “It is a serious problem. There may now be a flood of redemptions coming through,” said Peking University economics professor Christopher Balding. (…
China banned the letter N from the internet after people used it to attack Xi Jinping’s plan to rule forever
China censored the letter N from its internet for at least a day. The ban came as China cracked down on online discussion over the Chinese Communist Party’s proposal to scrap presidential term limits. Abolishing…
Cameroon captain Moukandjo joins Chinese side Beijing Renhe on loan
Benjamin Moukandjo captained Cameroon to Africa Cup of Nations success in Gabon in 2017. Cameroon captain Benjamin Moukandjo has joined Chinese Super League club Beijing Renhe on a season-long loan from rivals Jiangsu Suning. The…
China Unicom launches edge cloud field trials with ZTE, Intel
At the 2018 Barcelona Mobile World Congress, China Unicom, in partnership with ZTE and Intel, has officially launched its edge cloud field trials, and released the China Unicom Edge Service Platform Architecture and Industry Ecosystem…
