Nine years after the fall of the US-based Lehman Brothers bank in 2008, which triggered a global financial crisis, China has a shield against its own Lehman moment: a financial stability committee. While details of…
Posts By admin
China Disrupts WhatsApp Service in Online Clampdown
SHANGHAI — The last of Facebook’s major products that still worked in China was disrupted by the government on Tuesday, as Beijing broadly tightened its controls over the internet. The product, WhatsApp, a messaging app…
Zhongyuan shares make sluggish debut in Hong Kong after investors spurn bank’s IPO
The bank’s shares traded for the first time at HK$2.52 each, less than 3 per cent more than the IPO price of HK$2.45. The bank, based in the Henan provincial capital of Zhengzhou in central…
Calgary’s smoky skies reached Beijing-levels of air pollution, says expert
With the return of thick smoke from wildfires expected Wednesday, an air quality expert is comparing conditions in Calgary this week to pollution in Beijing. Dr. Ke Du, an assistant professor at the University of…
Blackstone’s Stephen Schwarzman and Alibaba’s Jack Ma host US-China Business Leaders Summit
[The stream began at 8:50 a.m. ET and ended at 9 a.m.] The summit brought together a group of prominent U.S. and Chinese CEOs to discuss economic issues of mutual importance to both countries. U.S.…
China users report WhatsApp disruption amid censorship fears
BEIJING — Users of WhatsApp in China and security researchers have reported widespread service disruptions amid fears that the popular messaging service may be at least partially blocked by authorities in the world’s most populous…
China property slows as government measures bite
Home prices in Beijing fell for the first time in more than two years in June, while Shanghai declined further and Shenzhen stalled, pointing to significant cooling in China’s biggest real estate markets. David Pollard…
July 18: Doing business with China. Plus other letters to the editor
As the wildfires in B.C. show, nature does not reveal a preference for any particular group based upon their professed beliefs and group-defined differences. People flee together, and they stay together in the rescue centres.…
China Unicom eyes 5G commercial deployment by 2020
The telco operator has completed its first 5G new radio field test in Shenzhen. China Unicom has completed its first 5G new radio field test in Shenzhen. The field test, which started early this year,…
China is crushing the U.S. in renewable energy
China currently boasts 3.5 million jobs in clean energy, by far the most in the world, according to the International Renewable Energy Agency. The country has already become a major manufacturer and exporter of renewable…
China has a donkey shortage — and why that matters
“There aren’t any donkeys left,” Ma said sadly. “We’ve killed them all.” China is in the grip of a massive donkey shortage caused by soaring demand for e’jiao — a traditional medicine made by boiling…
China’s property market slows, Beijing prices down for first time since 2015
BEIJING (Reuters) – Home property prices in Beijing fell for the first time in more than two years in June, while Shanghai further declined and Shenzhen stalled, pointing to significant cooling in China’s biggest real…
China’s property market slows in June as top-tier cities cool
BEIJING (Reuters) – China’s home price growth slowed slightly in June as government efforts to keep prices in check weighed on larger cities though smaller cities maintained rapid growth. Compared with a year ago, average…
