BEIJING (Reuters) – Changes to foreign ownership rules on Chinese financial firms are effective immediately, a vice finance minister said on Friday. Government agencies will draft and announce detailed rules on foreign ownership, Vice Minister…
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Senior Chinese finance official: China will ease foreign ownership limits in finance, auto sectors following criticism
BEIJING — Senior Chinese finance official: China will ease foreign ownership limits in finance, auto sectors following criticism. Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or…
China to ease curbs on foreign business in finance, autos
BEIJING — China will ease restrictions on foreign ownership stakes in the financial sector and reduce tariffs on automotive imports, a senior Chinese official said Friday, following criticism from the country’s trading partners. Vice Finance…
China media praises tone, outcome of Trump-Xi summit
Trump pressed China to do more to rein in North Korea on Thursday and said bilateral trade had been unfair to the United States, but praised Xi’s pledge that China would be more open to…
Chinese search engine Sogou up 4% following IPO
Beijing-based Sogou aims to be a Google for China … goal is to “make it easy for Chinese users to communicate and get information.” Calling the IPO a “milestone,” he hopes that a U.S. IPO…
China Bank books higher earnings in 3rd quarter
CHINA BANKING Corp. (China Bank) saw its net income grow in the third quarter as its core and fee-based businesses expanded. In a disclosure on Thursday, Sy-led China Bank said its consolidated net income in…
Trump bypasses Great Firewall to send tweet in China
He included a clip from ABC News of the ceremonial reception he received outside … Some wondered if he may stay off his primary medium for addressing his supporters out of respect for China’s domestic…
Boeing signs deal to sell 300 planes worth $37 billion to China
BEIJING/SHANGHAI (Reuters) – Boeing (:BA – News) signed an agreement on Thursday to sell 300 planes to China Aviation Supplies Holding Company worth $37 billion at list prices – one of a number part of…
Forbidden in China, but Trump skirts ‘Great Firewall’ to tweet about Beijing trip
“In China, people have many channels to communicate … Trump tweeted again on Thursday afternoon, posting an ABC News video montage of the “incredible” welcome parade at the Great Hall of the People, where he…
AP FACT CHECK: China-US business deals are largely gloss
Such signing ceremonies in China are often just that: ceremonial. They typically represent purchases that Chinese customers already planned to make and waited to announce. The signings are a fixture of visits by foreign leaders,…
Trump thinks US, China could jointly solve world’s problems
BEIJING — President Donald Trump set aside his blistering rhetoric in favour of friendly overtures to China on Thursday, trying to flatter his hosts into establishing a more balanced trade relationship and doing more to…
China Spreads Propaganda to U.S. on Facebook, a Platform It Bans at Home
China’s propaganda efforts are in the spotlight with President Trump visiting the country and American lawmakers investigating foreign powers’ use of technology to sway voters in the United States. Last week, executives from Facebook, Google…
China’s technology ambitions may upset global trade order
By Jane Perlez, Paul Mozur & Jonathan Ansfield BEIJING: When US President Trump arrives in Beijing, he will most likely complain about traditional areas of dispute like steel and cars. But Washington officials and major…
