Beijing [China], November 11 (ANI): Zhou Xiaochuan, the governor of China’s central bank – the People’s Bank of China (PBOC), has warned that China’s financial system is becoming more vulnerable due to high levels of…
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North Korean man begs China not to deport wife and young son
China’s foreign ministry spokeswoman Hua Chunying said in a news briefing that she was unaware of details of the case. She said China consistently upholds the handling of such matters in accordance with domestic and…
China faces historic corruption battle, ruling party’s new graft buster says
SHANGHAI (Reuters) – China must win its battle against corruption or face being erased by history, its new top graft buster said in an editorial on Saturday, underscoring the ruling Communist Party’s focus on eliminating…
Missing students threatened, as suspects demand ransom from parents in China
Toronto police say they believe two Chinese students they first thought were missing persons are actually victims of a scam targeting their parents back in China. Since Wednesday, police were made aware that two Chinese…
China Says Foreign Firms Won’t Be Forced to Turn Over Technology
A top Communist Party official said Friday that China won’t force foreign companies to turn over technology secrets to gain market access, signaling attention to a key sticking point with U.S. President Donald Trump as…
British brands cash in on China’s £18bn shopping bonanza as Nicole Kidman and Alibaba founder Jack Ma kick off Singles’ Day sales
British companies were last night raking in millions from Singles’ Day – China’s £18 billion online shopping extravaganza. The event, which started out as an opportunity for Chinese singletons to buy themselves a gift, has…
China Opening Its Banks Is Great, If You Like Bad Debt: Gadfly
In a surprise move, and timed with U.S. President Donald Trump’s state visit, China said it would scrap foreign ownership limits for banks and asset management firms. Asia’s biggest economy has been talking about opening…
China minister reveals roadmap for property tax
SHANGHAI: China’s finance minister, Xiao Jie, recently outlined the principles and roadmap in relation to rollout of a property tax. The message was included in a book that was published to help the public understand…
Chinese Military to Develop Third Aircraft Carrier After Technology Breakthrough
China will now be able to move ahead with its third aircraft carrier, after it announced a breakthrough on technology for launching aircraft. The new technology would be the most advanced jet launch system in…
China to ease ownership limits on foreign joint ventures in finance sector
… since 2007 when foreign banks were allowed to set up locally incorporated operations in China. Foreign players in the insurance and investment banking businesses are obliged to operate through joint ventures with domestic companies,…
Cubist Systematic Strategies LLC Has $261,000 Holdings in China Unicom (Hong Kong) Ltd (CHU)
Complete the form below to receive the latest headlines and analysts’ recommendationsfor China Unicom (Hong Kong) Ltd with our free daily email newsletter: Cubist Systematic Strategies LLC grew its stake in China Unicom (Hong Kong)…
China news site to pay $1bn for lip-syncing music video app
The owner of Chinese news aggregator Toutiao has agreed to pay as much as $1bn for Musical.ly, the maker of a social media app that specialises in lip-sync music videos. According to people familiar with…
China Eases Limits on Foreign Stakes in Financial Firms
They have also been distracted by domestic issues and other trade issues. Some international banking acumen may be welcome in China. The country’s state-controlled banking system has lent heavily to state-owned companies and affiliates of…
