Megadeals in China helped bring a record $31bn in venture-capital investment to the country in 2016 despite a sluggish global economy and a sharp drop in the number of deals, a report showed on Friday.…
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China again rejects Trump's suggestion to negotiate Taiwan
BEIJING — China’s foreign ministry on Sunday again rejected President-elect Donald Trump’s suggestion that he might use American policy on Taiwan as a bargaining chip between the two sides. Spokesman Lu Kang said Sunday that…
Beijing warns Trump: One China 'not negotiable'
Beijing on Saturday warned the US that the One China policy was non-negotiable, after Donald Trump suggested he could abandon the decades-old diplomatic principle and boost ties with Taiwan. “It is not up for negotiation,”…
How more electric cars are sold in China than the rest of the world combined
Denza is a Chinese brand produced by a joint venture between BYD and Daimler. China’s cocktail of pro-electric policies is a challenge for global auto makers, as foreign manufacturers can access subsidies only via joint…
How China's Asian Infrastructure Investment Bank Fared Its First Year
The China-conceived Asian Infrastructure Investment Bank (AIIB) will celebrate its first year of operations on January 16, having invested in nine projects across Europe, Asia and the Middle East. When the AIIB was announced, critics…
China aircraft carrier capabilities tested on latest mission
BEIJING (AP) — China’s sole aircraft carrier has returned home following a far-ranging three-week training mission during which its combat capabilities were closely scrutinized and speculation soared over what future role the flat-top will play…
China approves 10 new IPO applications
BEIJING, Jan. 14 (Xinhua) — The China Securities Regulatory Commission (CSRC) has approved IPO applications for ten companies. The firms will be allowed to raise a maximum of 4.1 billion yuan (595 million U.S. dollars),…
Beijing sets 2017 air pollution goal at more than double WHO's acceptable standard
BEIJING Beijing’s air quality target for 2017 is more than double the acceptable standard set by the World Health Organisation (WHO), the mayor announced on Saturday in the wake of weeks of hazardous air pollution…
Nova Scotia seafood industry gets a boost as China lowers tariffs
The exports to China were valued at $634 million as of October 2016. Global Affairs Canada told CBC News crab, frozen halibut and albacore are among the export products most benefiting from the tariff reductions.…
Trump Open to Lifting Russia Sanctions, Not Committed to ‘One China’ Policy: Report
And, more recently, some news organizations have reported an unverified allegation … time it hits the interest of the country that introduce the sanctions.” The One China policy dates to 1972, when President Richard Nixon…
China expert: Tillerson's plan for the South China Sea would 'certainly end up in a shooting war with China'
President-elect Donald Trump’s secretary of state nominee, Rex Tillerson, made waves internationally on Thursday by suggesting that the US should “send China a clear signal that, first, the island-building stops, and second, your access to…
China posts worst export fall since 2009 as fears of U.S. trade war loom
BEIJING (Reuters) – China’s massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade…
China, Russia fear the US is boxing them in
They also plan to take countermeasures, but what exactly they consist of was not specified, according to state-run Xinhua news. “We think the US-South Korean decision to deploy the THAAD missile defense system has seriously…
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