BEIJING — China on Thursday ordered North Korean-owned businesses to close, cutting foreign revenue for the isolated North under U.N. sanctions imposed over its nuclear and missile programs. China is North Korea’s main trading partner,…
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Beijing policy on Hong Kong remains the same after reshuffle
With so much happening on the political horizon in Hong Kong and on the mainland, the last thing the city needs is uncertainty. In a welcome step, the new leaders of the State Council’s Hong…
Beijing eyes ‘robotic and human settlement’ on Mars with ambitious 2020 mission
Preparations for China’s ambitious mission to Mars in 2020 are “going smoothly”, a top space scientist said, as he told a forum of the potential for “robotic and human settlement” on the mysterious planet. Zhang…
Beijing’s makeover envisioned
A blueprint for Beijing’s development in the next 20 years, which caps the capital’s population at 23 million and calls for more green space, has been given the seal of approval by the central leadership.…
WEF issues GLOBAL financial crash warning on TWO huge world powers
It’s just a decade since the financial system was brought to its knees by risky lending. Yet China’s debt has ballooned to sky-high levels, in a worrying echo of the United States before the 2007-08…
China increases financial support for small and micro businesses
China will further bolster its small and micro businesses with more financial measures in order to increase economical vitality, according to a decision made at a State Council executive meeting chaired by Premier Li Keqiang…
China steps up financial support to small and micro businesses
China will further bolster its small and micro businesses with more financial measures to increase vitality of the economy, according to a decision made at a State Council executive meeting chaired by Premier Li Keqiang…
China Unicom slashes cost of customer acquisition through online model
China Unicom CEO Wang Xiaochu said the telecom operator cut its Capex (capital expenditure) by 49.5 percent to RMB9.14 billion in the first half of 2017. China Unicom in the last two years improved network…
China carmakers narrow quality gap on global rivals: report
BEIJING (Reuters) – The quality gap between new domestic and international vehicles in China continued to narrow, with Chinese brands doing slightly better than their global rivals in three of eight quality categories surveyed, according…
China’s private banks grow their assets
A man passes by a wealth management center of China Merchants Bank in Nanjing, capital of Jiangsu province.[Photo/VCG] China’s top 10 private banking institutions managed 7.5 trillion yuan ($1.12 trillion) of assets at the end…
China says intellectual property rights crackdown not reaction to other countries’ probes
BEIJING (Reuters) – China’s commerce ministry said on Thursday that its months-long crackdown on intellectual property rights violations was not a response to probes by other countries. Protection of intellectual property rights is important to…
China to boost financial support for small businesses
HONG KONG (Reuters) – China’s cabinet said on Wednesday that it will take a number of measures, including tax exemptions and targeted reserve requirement ratio cuts, to encourage banks to support small businesses. Financial institutions…
China Finance Online Co. Limite (NASDAQ:JRJC) Among Today’s Biggest Gainers – Up by 3.43%
China Finance Online Co. Limite is now up by 3.43% percent from yesterday’s close and has one of the biggest price gains of the day. 47,857 shares have changed hands. Short traders are more bearish…