China has sustained its position as Australia’s top wine export market, with the value of the market growing by 40 per cent in 2016, according to annual figures released by Wine Australia. China overtook the…
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China’s harsh world of courier delivery
China hopes to move away from manufacturing and seeks to build … Couriers generally make about 15 cents per package delivered, according to drivers and reports in the state news media, though they can make…
US, Chinese aircraft in 'unsafe' encounter over S. China Sea
BEIJING – A Chinese early warning aircraft and a U.S. Navy patrol plane had an “unsafe” encounter over the South China Sea this week, the U.S. Pacific Command said Friday, in the first such incident…
The US's One-China Policy Explained
ABC News learned in December that Trump’s congratulatory call from Tsai was expected and likely arranged by people in his transition team. So while it was a surprise to China and many in the U.S.…
China's OkCoin, Huobi exchanges to stop bitcoin withdrawals
SHANGHAI Two of China’s three largest bitcoin exchanges said they were taking measures to stop withdrawals of the cryptocurrency from their platforms, as capital outflows prompt the Chinese central bank to step up its scrutiny…
China tightens monetary policy (discreetly)
All these guesses would have been wrong. The first to budge this year? The People’s Bank of China. On February 3rd the Chinese central bank raised a series of short-term rates. The decision received scant…
Bitcoin trading shrivels under Chinese government’s glare
Trading volumes at China’s three largest bitcoin exchanges have plummeted after the central bank put the virtual currency market under sharper scrutiny a month ago in a move that coincided with official efforts to stem…
China's Central Bank Issues New Warning to Bitcoin Exchanges
The People’s Bank of China issued a new statement today in which it laid out in writing the warning it issued to nine domestic startups in a meeting yesterday. The post, issued via the central…
China Bitcoin Exchanges Halt Withdrawals After Central Bank Talk
China is cracking down on capital outflows as the yuan weakens China’s three biggest bitcoin exchanges took steps to prevent withdrawals of the cryptocurrency amid pressure from the nation’s central bank to clamp down on…
Central bank withdraws liquidity for three weeks
BEIJING – China’s central bank has drained liquidity from the market for three consecutive weeks, as demand for funds fall after the Lunar New Year holiday. The People’s Bank of China (PBOC) withdrew 625 billion…
China to push for IPO normalizaion: securities regulator
BEIJING, Feb. 11 (Xinhua) — China will push for the normalization … spokesperson for the China Securities Regulatory Commission. An IPO suspension between July and November 2015 was followed by a period of slower IPO…
China Mobile plans to invest $200 mln in Pakistan this year
China Mobile Communications Corp will invest $200 million in Pakistan to expand its network of 3G and 4G sites in the country to more than 10,000 sites by the end of this year, the firm…
Robust China trade data a boon for Asia as protectionist risks loom
China posted much stronger-than-expected trade data for January as demand picked up at home and abroad, an encouraging start to 2017 for the world’s largest trading nation even as Asia braces for a rise in…