China’s leadership has made “preventing financial risk an economic priority” for the next three years as President Xi Jinping tries to steer the economy through perilous territory, with a “mountain of debt” and an increasingly…
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China’s Shanghai to battle ‘big city disease’ by limiting population to 25m
China’s financial hub of Shanghai will limit its population to 25 million people by 2035 as part of a quest to manage “big city disease”, the cabinet has said. The State Council said on its…
China to overtake US economy by 2032 as Asian might builds: report
The report by the Centre for Economics and Business Research in London sees India leapfrogging … In 2032, three of the four largest economies will be Asian – China, India and Japan – and, by…
Beijing’s migrant crackdown leaves up to 15,000 children without education
The debris of a demolished kindergarten is covered at a village, which is mainly inhabited by migrant workers, in Tongzhou district of Beijing, China. Source: Reuters/Jason Lee IN what is called its most aggressive crackdown…
China regulator summons founder of debt-laden LeEco back to China
SHANGHAI (Reuters) – China’s securities regulator has formally ordered the founder of indebted tech conglomerate LeEco to return to China and sort out a mounting debt pile linked to his firms, ramping up pressure on…
China hands down harshest sentence yet in multi-year rights crackdown
BEIJING (Reuters) – China sentenced a prominent rights activist to eight years in jail for subversion on Tuesday, his lawyer said, the harshest sentence to be passed so far in a government crackdown on activism…
China calls for constructive efforts to ease Korean tensions
BEIJING (Reuters) – China called on Monday for all countries to make constructive efforts to ease tension after North Korea said the latest U.N. sanctions against it are an act of war and tantamount to…
Palace banking on China ‘goodwill’
Malacañang on Monday said it was still relying on the “goodwill” of China after a newspaper in the mainland reported that China had “accelerated and enhanced its military presence” in the South China Sea. It…
What Is China Finance Online Co Limited’s (NASDAQ:JRJC) Financial Position?
China Finance Online Co Limited (NASDAQ:JRJC), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is JRJC will have to…
China’s appetite for lithium on display in Canadian takeover
China already has more electric vehicles on its roads than … will reach $42.9 billion this year and hit $103.2 billion by 2026. Bassam Moubarak, chief financial officer of Lithium X, credited his company’s 29-year-old…
Economic Watch: China’s 2018 fiscal, monetary policies aim for high-quality development
BEIJING, Dec. 25 (Xinhua) — China will stay on course for a proactive fiscal policy and prudent monetary policy in 2018 to foster high-quality development while containing financial risks. “The proactive orientation of fiscal policy…
How China’s first emperor searched for elixir of life
China’s first emperor launched an obsessive search for the elixir of life before dying aged 49 in 210 BCE, new archaeological research has revealed. Qin Shi Huang, who created the world-famous terracotta army, ordered a…
China sets schedule for becoming strong trading nation
China’s Ministry of Commerce on Monday determined to turn China into a “strong economic and trading nation in all respects” by 2050. In the past five years, China’s domestic consumption, foreign trade and investment all…
