BEIJING (Reuters) – China’s domestically developed AG600, the world’s largest amphibious aircraft, performed its maiden flight on Sunday from an airport on the shores of the South China Sea, the latest step in a military…
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China Needs Long-Arm Jurisdiction in Financial Regulation, Forex Official Says
Licensing and exercising authority over foreign financial players doing business in China are critical to reducing risk of fraud amid the boom of internet finance, a senior official from the country’s top foreign exchange regulator…
Official Says Chinese Finance Suitable for Petrochem Projects
Asgaroladi said that after the lifting of international economic restrictions in early 2016, the central banks of Iran and China took measures to boost financial and banking relations and ease China’s investment in the country.…
‘China Hustle’ Documentary Claims Chinese Companies Are Deceiving American Investors
In March, a new documentary from the producers of “Enron: The Smartest Guys In The Room” claims it will shed some light on one of the largest financial frauds in the world. Jed Rothstein, director…
China approves four IPO applications
BEIJING – The Chinese securities regulator has approved four new IPO applications, which will raise up to 5.8 billion yuan (about 881 million U.S. dollars) in the A-share market. Two companies will be listed on…
In ‘China’s Jerusalem’, Christians say faith trumps official Sunday School ban
Christian news site World Watch Monitor reported in September. Sources spoken to by Reuters were unaware if the policy was a local government initiative or centrally mandated. They also did not know of any similar…
China Unicom announces the World’s top 4G download speed
The infamous Chinese Carrier, the China Unicom took the wraps of today to announce that they successfully achieved the world’s fastest download speed through a 4G connection. According to the company, the 1,2Gbps speed reached…
China’s trade with North Korea edges up in November
Beijing/Shanghai: China’s trade with North Korea edged up to $388 million (Dh1.4 billion) in November but remained around its lowest levels this year, data showed on Saturday, as tough sanctions continue to slow business with…
Beijing property prices remain stable
BEIJING, Dec. 23 (Xinhua) — Property market in Beijing held steady in November with … fourth plenary session of the 12th Beijing committee of the Communist Party of China (CPC). According to the research arm…
Banking Regulator Eyes Overlooked Trust Product
China’s banking regulator has decided to extend its oversight to a so-far overlooked type of trust product in an attempt to further clamp down on financial risks stemming from the business that banks and trusts…
China, Flush With Cash, Sets Sights on Shipping
“China controls up to 40% of the global shipbuilding capacity, and that’s a natural metric of where they want to be in the financing business,” said Arlie Sterling, president of Boston-based shipping consultancy Marsoft Inc.,…
China’s mobile economy: from ‘Made in China’ to ‘Innovated in China’
China is transforming from a trend-follower and cheap imitator to innovative trend-setter and global powerhouse. This new book covers business dynamics and global implications of Chian’s mobile boom. Market trends and industry profiles of China’s…
China needs to continue reducing financial leverage – central bank deputy governor
SHANGHAI (Reuters) – China must proactively but gradually reduce debt in the economy to prevent the buildup of financial risks, state news agency Xinhua quoted China’s central bank’s deputy governor as saying on Saturday. Yi…
