Steelmakers aren’t out of the woods yet. A year-long resurgence risks fading as a slowdown in China’s property market deepens, exposing bullish sentiment as overblown, according to a U.S.-based hedge fund manager and former Citigroup…
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Trump wins key China trademark; Are Trump toilets a goner?
SHANGHAI — There’s a Trump toilet, a Trump condom, a Trump pacemaker and even a Trump International Hotel among hundreds of trademarks in China that don’t belong to Donald Trump. But after a decade of…
Donald Trump’s trademark win in China raises ethics questions
SHANGHAI – President Donald Trump is poised to receive something Tuesday that he has been trying to get from China for a decade: trademark rights to his own name. After suffering rejection after rejection in…
China plans first cargo spacecraft launch
China is planning to launch its first unmanned cargo spacecraft to transport supplies to its future space station in April, the People’s Daily reported. The Tianzhou-1 will be able to transport six tonnes, which exceeds…
China piles into Cuba as Venezuela fades and Trump looms
China’s growing presence gives its companies a head start over … While Cuba does not publish investment data, the state press has been abuzz with news of Chinese projects lately, covering infrastructure, telecoms, tourism and…
China witnesses lowest vehicle sales since February 2016
BEIJING, China – China is said to have witnessed low sale of vehicles in January this year, with statistics revealing that sales grew at their slowest pace in almost a year. The roll back on…
China's military progress challenges Western dominance, says IISS
Western dominance in advanced military systems can no longer be taken for granted. China accounted for a third of Asia’s military spending in 2016 and was looking to sell more arms abroad, the International Institute…
China's Xi says officials should prevent abuse of power
including China’s once powerful domestic security chief, Zhou Yongkang. Speaking at a workshop on fighting graft, Xi said leading officials must practice strict self-discipline and “eliminate special privileges”, state news agency Xinhua said late on…
China discovers pregnant sea monster that gave birth to live babies rather than laying eggs
AN extraordinary fossil unearthed in southwestern China shows a pregnant long-necked marine reptile that lived millions of years before the dinosaurs with a developing embryo, indicating this creature gave birth to live babies rather than…
China's banks extend second most loans on record in January as central bank signals tightening
BEIJING Chinese banks extended 2.03 trillion yuan (237 billion pounds) in net new yuan loans in January, the second-highest monthly tally on record, even as the central bank tries to contain the risk from years…
On the frontline of China's spending revolution: small loans, big data
Mao Wanyuan, who helps supervise non-bank financial institutions at China’s banking regulator, told reporters in December that inclusive finance firms still lacked adequate experience to manage risk. For Home Credit and other nationally licensed consumer…
China’s lead in fintech investment an opportunity for UK firms, says report
China leads the world in capital being poured into the financial technology sector, with investment estimated to top 56 billion yuan in 2016 on strength in payments and alternative finance, according to a UK-government sponsored…
China new bank loans surge in January to $300 bn
Chinese bank lending surged in January, the central bank said Tuesday, as concerns grow that a flood of credit is increasing financial risks in the … said the People’s Bank of China. Analysts have been…
