were baseless and poisoned the atmosphere of China-Australia relations, Geng told a daily news briefing. “We express strong dissatisfaction at this, and have already lodged solemn representations with the Australian side,” he said. Geng said…
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Trudeau leaves China with a defence of Western media, but no progress on free trade
China, which heavily censors its own press, has seized on President Donald Trump’s attacks on “fake news” to grow more open in denouncing international media it sees as impeding its agenda. And as Beijing flexes…
Migrant workers evicted from homes in Beijing
Thousands of migrant workers have been evicted from their homes in Beijing in what the government calls a crackdown on unsafe living conditions. CNN’s Matt Rivers has more. ( read original story …)
Stocks that can influence your investment: China Mobile Limited (NYSE:CHL)
China Mobile Limited, CHL from Technology exhibited a market capitalization of 203.11B. Companies having a market cap of $10 billion or more are typically considered as the major players of the market. With today’s market…
Weak Earnings Growth Hamper China Mobile (CHL) Rating
Currently, China Mobile Ltd (NYSE:CHL) has a Hold using Louis Navellier’s investing methodology and his Portfolio Grader stock evaluator. CHL has recently seen its Portfolio Grader rating downgraded over the last month from a Buy…
China Guangfa Bank fined $109 million for rule violation
BEIJING, Dec 8 (Reuters) – China’s banking regulator has fined China Guangfa Bank Co 722 million yuan ($109.12 million) for providing illegal guarantees for defaulted corporate bonds, it said on Friday. The high-yielding bonds were…
Beijing forces migrant workers from their homes in ‘savage’ demolitions
Beijing (CNN)Modern Beijing was built on the backs of low-paid migrants like Zhao Guihua. The 50-something cook and cleaner is one of thousands of people critics say have been forced from their homes in the…
Ottawa holds up venture capital deal to highlight benefits of Beijing ties
The dignitaries at the signing ceremony in Beijing’s St. Regis Hotel on Friday paid homage to Xi Jinping and repeatedly name-checked the Chinese president’s favoured project. This is not how venture capital funds are brought…
‘Everything’s OK’: China hits back at IMF verdict on health of banking system
China’s central bank has hit back at the International Monetary Fund over its reading of the country’s financial health, in Beijing’s latest bid to control the narrative on the world’s second-biggest economy. The IMF’s twice-a-decade…
Watch China’s efforts to influence as Canada pursues trade, says former envoy
GUANGZHOU, China — He was a curious 23-year-old in a bustling train station somewhere in China, at the height of its busiest season, Chinese New Year. He and his two friends didn’t have tickets, but…
China exports growth hits 8-month high, imports defy pollution curbs
China’s exports and imports unexpectedly accelerated last month in an encouraging sign for the world’s second-biggest economy, though analysts expect growth to continue cooling amid a government crackdown on financial risks and polluting factories. As…
China banks warn new asset management rules may trigger systemic risks: sources
The People’s Bank of China (PBOC) did not immediately respond to a faxed request for comment. The new rules will pose a direct challenge to a business model that small- and mid-tier banks have been…
‘Made in China’ brand image will take some time to change, Ogilvy says
Chinese companies have found that the road to becoming international brands has been rocky Mainland brands are now more willing to understand consumers in foreign markets, said Scott Kronick, Asia Pacific president and CEO of…