China’s 270 million migrant laborers — most of them ambitious and opportunistic — have proven indispensable to a business that prizes flexibility. Last summer, Apple contractors reportedly hired 100,000 workers to ramp up production of…
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China may look at banks' cross-border yuan business in risk assessments: Caixin
SHANGHAI China’s central bank is considering including cross-border yuan business into its assessment of macro-prudential risks in the country’s financial system, online finance magazine Caixin reported on Saturday, citing unnamed regulatory sources. ( read original…
Market research: Alberta's trade missions to Asia are putting a friendly face on business deals
But China comes in second with $3.3 billion … it gives Albertan companies the green light to do business. Of course those relationships are important everywhere, but “they’re especially critical in Asia,” Bilous says. Yet…
Facing a ‘tidal wave’ of dementia, China is running out of time
China is already, as a whole … Practice calligraphy. Cook. Read the news. Eat well. Try your hand at Peking opera. When it comes to dementia, “be brave to understand it,” he says. “Don’t feel…
Knife-wielding attacker injures 7 children in China
although photos posted on the social media accounts of state news outlets showed a child being carried off on a stretcher. Calls to the local public security bureau and propaganda department rang unanswered. Mass attackers…
China central bank warns against outflows via Shanghai FTZ disguised as investment: sources
SHANGHAI China’s central bank has urged commercial banks in Shanghai to guard against money outflows via the Shanghai Free Trade Zone (FTZ) disguised as foreign investment, two sources with knowledge of the instructions said on…
The murky beginnings of a new Canadian bank
… principal investor in Wealth One Bank of Canada misrepresented his credentials on the bank’s website, claiming he was a senior ranking member of China’s legislature and an advisory body to that country’s leaders. Wealth…
Ingalls & Snyder LLC Boosts Position in China Mobile Ltd. (CHL)
Ingalls & Snyder LLC increased its stake in shares of China Mobile Ltd. (NYSE:CHL) by 5.1% during the third quarter, Holdings Channel reports. The institutional investor owned 10,310 shares of the company’s stock after buying…
'A lot better': Goertzen praises fentanyl agreement with China
Health Minister Kelvin Goertzen said the RCMP’s Thursday announcement of an agreement with China will help stop the flow of fatal opioid fentanyl into Manitoba. Goertzen said co-operation with China was one of the priorities…
China acknowledges role in Canada’s opioid crisis
Robert Gordon, a criminology professor at Simon Fraser University, said there is “no doubt” a significant amount of fentanyl has been flowing into Canada via China. He called Thursday’s announcement “good news.” “Up until now,…
China considers granting Philippines access to disputed shoal: adviser
China has been thinking of means to grant Philippine fishing vessels access to the island’s waters since President Rodrigo Duterte visited Beijing in October, said Wu Shicun, head of government-run National Institute for South China…
China's Deadly Scaffolding Collapse, What Went Wrong?
According to reports, this is China’s worst case of construction-related accidents … have expressed deep condolences to the bereaved families through a televised news conference. Chinese President Xi Jinping has issued a statement that all…
Workers in China accidentally discover new dinosaur fossil
In a humid, tropical jungle in southern China aeons ago, a bird-like dinosaur with a toothless beak and dome-shaped crest atop its head became trapped in mud, struggled in vain to escape and died. Workmen…
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