China’s industry minister on Saturday defended a manufacturing development plan and rejected complaints foreign makers of electric cars and other goods might be pressured to hand over technology or forced out of promising markets. Miao…
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China corporate debt levels 'excessive'
“Non-financial corporate leverage is too high,” People’s Bank of China Governor Zhou Xiaochuan told reporters at a news conference on the sidelines of the annual parliament session. Efforts will be made to contain debt levels,…
Students provide play-by-play for NCAA basketball fans in China
March 10, 2017, 8:40 AM | More than one million international students are now studying in the U.S., and nearly a third of them come from China. Dana Jacobson speaks with two student sportscasters who…
China defends its Trump trademark approvals as in line with law
BEIJING (Reuters) – U.S. President Donald Trump was granted initial approval on dozens of new trademarks in China because they met legal standards, a senior Chinese commercial official said on Friday. China’s trademark office in…
Commentary: China's manufacturing ambition is no threat
BEIJING, March 11 (Xinhua) — China’s tech industry development plan released nearly two years ago has unexpectedly become the target of finger-pointing this week. A European business group criticized the strategy, named “Made in China…
China sheds no tears for Park Geun-hye as North Korea brands her 'a common criminal'
A supporter of South Korean President Park Geun-hye confronts police in SeoulChung Sung-Jun/Getty Images North Korean state media is rarely noted for its contemporaneous coverage of international breaking news, but when South Korea’s president Park…
6 Bad Brand Names in China: Lessons from Intertextuality
At first glance these 6 brand names look terribly wrong but upon a closer look they are almost all to some degree memorable and associative. I came to the realization that their imperfection may actually…
Jury Still Out on Yum Brands Split-Up (YUM, YUMC)
Fast-food giant Yum! Brands Inc. (YUM) completed the spinoff of its China operations on Nov. 1, with Yum China Holdings Inc. (YUMC) now trading more than 2 million shares daily on the U.S. exchanges. The…
China clarifies manufacturing plan after EU group criticism
The intention of such policies is to prevent some businesses to cheat on government subsidies, instead of forcing foreign firms to transfer technology to China, Miao explained. As for the target set for the market…
China auto sales slowing, dented by tax increase
Sales of sedans, minivans and SUVs rose 6.3 percent from a year earlier to 3.8 million units, down from December’s 9.1 percent growth, an industry group, the China Association of Automobile Manufacturers, reported Friday. Total…
Prince Charles' former tailor says Savile Row being ruined by 'half-baked brands' peddling fake Chinese suits
“I guarantee you if you are browsing in Savile Row now you will pick up a garment made in China.”Thomas Mahon He says he has grown disillusioned with Savile Row. “You’ve now got these half-baked…
What China’s central bank chief said at his press conference, as it happened
The central bank would cooperate with industry participants, including financial industry and technology firms, to develop inclusive finance, Zhou said, adding that the PBOC would grant incentives in credit policy. China still had large potential…
Canada-China free trade must benefit Canadian workers, new Beijing envoy says
OTTAWA — Canada’s Beijing-bound ambassador says the government will have to sell any possible Canada-China free trade to Canadian workers in order to overcome rising anti-trade sentiment. John McCallum says he’s aware of the populist…
