BEIJING (REUTERS) – Chinese Finance Minister Xiao Jie on Tuesday (March 7) downplayed the lack of defence spending numbers in this year’s budget as there had been in previous years, saying there was no problem…
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China’s Latest Industrial Policy Is a Waste and a Challenge, Business Group Says
China’s latest plan to dominate advanced manufacturing marshals billions of dollars in subsidies, investment and other government support that a foreign group says distort the market and may end up wasting a huge amount of…
Pomp and Pride at People’s Congress in Beijing
BEIJING — Big political gatherings are intended to inspire a combination of awe and national pride, and the annual full sessions of the National People’s Congress in Beijing are no exception. Guards wear their best…
Business group: China tech plan threat to foreign firms
BEIJING (AP) — China is violating its free-trade pledges by pressing foreign makers of electric cars and other goods to share technology under an industry development plan that is likely to shrink access to its…
China's science and technology sector on the rise: expert
China’s science and technology sector has been surging forward rapidly over the past decade, according to a leading Australian scientist. Professor Andrew Dempster, director of the Australian Centre for Space Engineering Research at the University…
China stocks edge up, helped by a 2nd day of gains for tech shares
SHANGHAI, March 7 China stocks edged up on Tuesday, aided by renewed interest in technology shares in late trading after a listless morning session. The blue-chip CSI300 index ended up 0.2 percent, to 3,453.96, while…
EU group says China plan 'skews' high-tech field
The EU Chamber of Commerce said in a report state subsidies of hundreds of billions of dollars and foreign technology transfers in 10 sectors were “highly problematic” and urged China to stop interfering in the…
China to develop space rockets to launch from planes – state paper
The China Academy of Launch Vehicle Technology has designed a solid-fuel rocket that could carry a 100 kg (220 lb) payload into low Earth orbit, said Li Tongyu, the head of the agency’s carrier rocket…
China TMT overseas M&A market to grow steadily in 2017: Deloitte
China’s technology, media and telecommunications overseas M&A market is expected to grow steadily in 2017, according to a recent report by Deloitte. China served as an active sponsor country for deals in mergers and acquisitions…
China to develop space rockets to launch from planes, reports Chinese newspaper
The China Academy of Launch Vehicle Technology has designed a solid-fuel rocket that could carry a 100 kg payload into low-Earth orbit, said Li Tongyu, the head of the agency’s carrier rocket development. Chinese President…
China to develop space rockets to launch from planes
The China Academy of Launch Vehicle Technology has designed a solid-fuel rocket that could carry a 100 kg payload into low Earth orbit China will develop rockets that can be launched into space from aircraft,…
China regulator asks banks to assess liquidity position, credit risks
SHANGHAI China’s banking regulator has asked banks to inspect how they monitor their liquidity positions and how much credit risk they are carrying, according to a notice seen by Reuters. The move comes amid concern…
China Unseats Eurozone as World’s Largest Banking System
New analysis by the Financial Times shows China’s banking system has overtaken the eurozone to become the world’s biggest by assets. The status reflects the country’s increasing global influence and its reliance on growth driven…
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