Attempts to cool overheated property markets in China’s biggest cities, as well as a push to reform the country’s bloated state-owned enterprises, will push the mainland’s growth down a notch this year. That’s one of…
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European firms slam Beijing's 'Made in China' plan
Dubbed the “Made in China” plan by Chinese media, the strategy adopted in 2015 outlines how Beijing plans to accelerate growth in 10 industries, including robotics, electric cars and next generation technology. The “broad set…
China tech plan a threat to foreign firms: EU business group
BEIJING — A European business group says China is violating its free trade pledges by pressing foreign makers of electric cars and other goods to hand over technology under an industry development plan that’s likely…
Five reasons why China is so scared of India
NEW DELHI: Though India lags far behind China in several fields, the communist country is getting wary of India’s gains in foreign direct investment (FDI), technology and manufacturing. India’s closer military ties with the U.S.…
China Approves NMC Battery Technology For Green Car Subsidies
Believe it or not, China had, up until now, excluded electric vehicles equipped with nickel, manganese and cobalt (NMC) technology from its government subsidy program. China’s take was that this new technology was simply too…
No defence spending number in China's budget? No problem, says finance minister
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…
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…
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