SHANGHAI May 31 The banker at the other end of the phone line was furious, recalled Shanghai lawyer Wang Chaoyu. A pile of steel pledged as collateral for a loan of almost $3 million from…
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China’s Monetary Conundrum
This trend can be traced back at least to 2004, when a fast-growing trade surplus and massive capital inflows, as well as relentless exchange-rate appreciation, forced the People’s Bank of China (PBOC) to resort to…
Probers of Ivanka Trump brands in China arrested, missing
SHANGHAI, CHINA A man investigating working conditions at a Chinese company that produces shoes for the Ivanka Trump brand and other companies has been arrested and two others are missing, the arrested man’s wife and…
Why Building Another Airport Actually Benefits Beijing Capital International Airport
Construction of another civil airport in the same city would hurt the existing airport, one might think. However, our analysis indicates that is not the case with BCIA. Building Daxing will actually benefit the entrenched…
Global stocks mostly higher as China falls
BEIJING — Global stock markets were mostly higher Thursday following Wall Street’s decline while Chinese stocks fell after a survey showed manufacturing activity weakening. KEEPING SCORE: France’s CAC-40 gained 0.5 per cent to 5,308.60 and…
China’s new cyber law just kicked in and nobody’s sure how it works
One of the most contentious parts of the new law involves measures allowing China to conduct security reviews of technology products and services that could affect national security. Critics have slammed the plans as intrusive…
China makes concessions to Germany on electric car quotas
Li told a joint news conference he had discussed the issue at a dinner in Berlin on Wednesday and China had agreed to make concessions to automakers, without giving details. Merkel said Germany and China…
Monetary policy and China’s soaring leverage problem
China’s leverage ratio — the ratio of debt to assets or equity — is rising at an alarming pace and approaching a historical high. High leverage ratios have in the past caused concern that financial…
Huawei and Henan Unicom Jointly Deploy All-Optical Access Smart Hotels
[Shenzhen, China, June 1, 2017] Huawei will team up with Henan Unicom (the Henan branch of China Unicom) to deploy a smart hotel solution based on all-optical access, helping to promote the digital transformation of…
GSMA Reveals Shortlist for 2017 Asia Mobile Awards
Leading News Anchor Jason He Confirmed as Host of AMO Awards Ceremony; GSMA Announces Leaders from China Mobile and China Unicom Will Deliver Keynotes HONG KONG–(BUSINESS WIRE)– The GSMA today announced the nominees for the…
China vows to stick to Paris climate deal
“No matter whether other countries’ positions may change, we will continue to uphold” a model of sustainable development, Hua said at a regularly scheduled news conference. When asked about whether China had spoken to the…
Atomico: Europeans are seizing share in fast-growing China mobile game market
The Europeans are heading East. A new report from venture capital firm Atomico has found that European game companies doubled their share in the Chinese mobile game market from 2014 to 2016. European game company…
China’s Debt Problem Moves Back to the Future
The Chinese bond market is dead. Long live China’s shadow banks. Beijing’s full-frontal assault on financial market leverage this spring has driven bond yields skyward, but hasn’t sparked the systemic credit crunch that many feared.…
