or take unilateral actions like sanctions against China,” said Anna Ashton, director of business advisory services at the Washington-based US-China Business Council. “If the government were to take unilateral actions, then there will be a…
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China’s former internet czar faces corruption probe
we welcome you and your growth in China.” Lu, 57, was a vice mayor of Beijing before being named the country’s top internet regulator in 2013. He started his career as a journalist, and rose…
Air China indefinitely suspends flights between Beijing and Pyongyang
TAIPEI/BEIJING (Reuters) – Air China Ltd has indefinitely suspended flights between Beijing and Pyongyang, citing poor demand as North Korea faces growing sanctions from the United States over its nuclear weapons and missile programs. An…
Guaranteed repayment – the wild financial game no Chinese bank can afford to lose
China’s central bank is trying to smash the tacit rule of “guaranteed repayment” in the US$15 trillion asset management industry, but analysts say few financial institutions – especially banks – can afford to let their…
BRIEF-China Oceanwide International Financial says unit to buy senior notes for US$120 mln
Nov 22 (Reuters) – China Oceanwide International Financial Ltd: * Unit to purchase senior notes for US$120 million with coupon interest rate of 8.5 pct per annum Source text for Eikon: Further company coverage: Our…
Beijing detains 18 after apartment fire: Xinhua
SHANGHAI (Reuters) – Police in Beijing have detained 18 people following a fire that killed 19 people and injured another eight on Saturday evening, the state news agency Xinhua reported late on Monday. The fire…
China urges talks after US brands North Korea a terror sponsor
China on Tuesday called for extra efforts to resolve the North Korean nuclear crisis through talks after US President Donald Trump re-branded Pyongyang as a state sponsor of terrorism. Beijing: China on Tuesday called for…
Skype Vanishes From App Stores in China, Including Apple’s
Therefore these apps have been removed from the app store in China,” an Apple spokeswoman said Tuesday … “These apps remain available in all other markets where they do business.” The removal led to a…
China says ex-top internet regulator under investigation
He wielded enormous power over what 700 million Chinese internet users could view online and acted as gatekeeper for technology companies wishing to do business in China. No details were given in Tuesday’s announcement, which…
China forces Apple to remove Skype from app store
Apple Inc said on Tuesday it has removed several apps including Skype, Microsoft Corp’s internet phone call and messaging service, from its app store in China after the country’s government pointed to violations of local…
Apple removes several apps, including Skype, in China
(Reuters) – Apple Inc (AAPL.O) said on Tuesday it has removed several apps including Skype, Microsoft Corp’s (MSFT.O) internet phone call and messaging service, from its app store in China after the country’s government pointed…
Air China stops flying to N.Korea because ‘nobody wants to go’
Beijing-owned Air China airline has ended flights to the capital of North Korea Pyongyang, due to a lack of passenger demand. Flights were “temporarily suspended due to unsatisfactory business operations,” said an Air China employee,…
Vatican, China exchange art amid stall in hard diplomacy
The head of the government’s China Culture Industrial Investment Fund, Zhu Jiancheng, told a Vatican news conference that he hoped the exchanges would reinforce friendship, build mutual trust and “contribute to the normalization of diplomatic…
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