FRANKFURT (Reuters) – Global automotive manufacturers have appealed to the Chinese government to delay and soften proposals for electric and hybrid car quotas, a letter seen by Reuters showed. The letter is a joint protest…
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Foreign automakers call on China to soften electric car quotas
and the Korea Automobile Manufacturers Association (KAMA). As well as aiming to reduce pollution, China is looking to promote electric vehicles to try to steal a march on European, U.S. and Japanese automakers which have…
Milestones in China’s pro-democracy movement
News of his condition is met with dismay and draws calls from supporters and foreign governments for him to be allowed to seek treatment overseas. China rebuffs the calls. ( read original story …)
Liu Xiaobo: China’s most prominent dissident dies
Mr Liu was a pro-democracy figurehead for activists outside mainland China, although many of his compatriots were unaware of his struggles because the authorities rigorously censored news about him. The dissident won the Nobel Peace…
China June trade beats expectations on robust demand, but headwinds eyed
China posted stronger-than-expected June trade figures on Thursday, bolstered by firm global demand for Chinese goods and robust appetite for construction materials at home, but local curbs on lending could weigh on imports later this…
China trade with sanctions-struck N.Korea up 10.5% in first half
“As neighbours, China and North Korea maintain normal business and trade exchanges,” he said, adding that goods for ordinary people and those used for humanitarian reasons are not subject to sanctions. Overall trade growth with…
Cochlear ‘committed’ to Australia despite China plant
“Cochlear has been building its presence in China for more than 20 years and this investment recognises the importance of our business in China and will support the future growth of our emerging markets business,”…
Bank of China announced as first official partner of Beijing 2022
The Bank of China has been announced as the first official partner of the Beijing 2022 Olympic and Paralympic Winter Games. A signing ceremony took place in the organisation’s headquarters in the Chinese capital earlier…
China Unicom obtaining 700MHz spectrum from state agency
China’s second largest player China Unicom is currently in talk with the country’s State Administration of Radio, Film and Television (SARFT) to obtain 700MHz spectrum in exchange for shares. A deal looks set to be…
China June trade beats expectations as global demand remains strong
Beijing (Reuters) – China reported better-than-expected trade data for June, suggesting the economy is holding up well thanks to firmer global demand, despite a cooling property market at home amid a financial crackdown that has…
IPO Watch: Razer Plans IPO At Up To $5 Bln Valuation
BEIJING (dpa-AFX) – Razer Inc. plans a Hong Kong initial public offering that could value the gaming gear maker at as much as $5 billion, reports said citing people familiar with the matter. The IPO,…
China defends imports of North Korean iron ore
BEIJING — China defended Thursday its purchase of iron ore from North Korea following criticism by U.S. President Donald Trump and said it is “strictly and earnestly” complying with U.N. sanctions. China stopped importing North…
Too Little Too Late? Why Chinese Banking Reforms May Not Be Enough To Keep Money Flowing
China’s economic expansion requires a responsive and responsible banking system to keep money flowing. This means financial reform in how China does business or else face severe financial implications having global consequences. China’s economy has…
