China will further open industries including the financial and new energy vehicle sectors to foreign investment in the second half of this year, the country’s top economic planner said Friday. Meng Wei, spokesperson with the…
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Volkswagen, China Mobile, and Other Far-Flung Bargain Stocks
For more than 15 years, Causeway Capital Management has reliably provided investors with disciplined exposure to out-of-favor foreign large-cap stocks. Co-founded by Sarah Ketterer and Harry Hartford, the Los Angeles–based firm has an excellent long-term…
China punishes 31 for deadly construction accident
China has ordered 31 people to be placed under “coercive measures” for a collapse last year at a construction site that killed 73 people, the state news agency reported Saturday. Coercive measures are a form…
US should ‘do its duty’ to resolve North Korea nuclear crisis, China says
The core of it is the conflict between the US and North Korea,” Foreign Ministry spokeswoman Hua Chunying told a daily news briefing … who singled out China and Russia as the two nations best…
China to deliver two pandas to Indonesia
Sept. 15 (UPI) –China is wooing Indonesia with “panda diplomacy” and is expected to deliver a gift of two of the animals next week. Indonesian news service Kompas reported Friday the pandas will be taken…
China puts squeeze on bitcoin, platforms to shut
A senior executive at China’s state-backed internet finance body says ”stateless” digital tokens such as bitcoin pose risks as they could be used for illegal actions, in further comments that ramp up the rhetoric against…
North Korea — either China helps, or all bets are off
Multilateral sanctions should be aggressively pursed; we should birddog all allies, as well as China and Russia, to conform. But, cold splash of realism: Lack of international unity and shared conviction, dissembling and non-cooperation by…
North Korea: China urged to take ‘direct action’ as state fires a missile over Japan
US Secretary of State Rex Tillerson said North Korea threatened the whole world and urged China to use its influence on unpredictable dictator Kim Jong-un. Could Kim Jong Un’s missiles really set off World War…
Reports: China orders bitcoin exchanges to shut down
Regulators in Shanghai, the country’s financial centre, gave verbal instructions to exchange operators to shut down, China Business News and 21st Century Economic Report said on their websites. They gave no other details. Bitcoin’s value…
China’s WeChat crackdown drives bitcoin enthusiasts to Telegram
China is also cracking down on VPNs, which route traffic through servers outside the country, to stamp out access to foreign news sites and services. Apple is removing many VPNs from its Chinese app store…
China’s Ant Financial Pushes U.S. to Approve MoneyGram Deal
Ant Financial is expected to make a third try for U.S. approval of its takeover of MoneyGram International Inc. as a secretive national security panel throws up hurdles for Chinese investors seeking to buy American…
China Unicom Hong Kong Ltd (CHU) Shares Trending Lower Last 5 Session
Israel Discount Bank of NY purchased a new stake in shares of China Mobile (Hong Kong) in the first quarter valued at $119,000. Whether or not this should be a cause for concern for investors…
China’s bitcoin crackdown forces exchanges to close. The price is crashing
China’s bitcoin crackdown is wreaking havoc on the virtual currency. Two of the country’s most prominent bitcoin exchanges, BTC China and Via BTC, said they will halt trading this month. BTC China has also stopped…