Russian President Vladimir Putin and China’s President Xi Jinping have declared a “no limits” friendship. But Xi appears to have doubts Putin will last.
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China’s state-run banks cut deposit rates to stimulate sluggish economic growth
Lowered deposit rates will eventually lead to an easing in lending rates, prompting more Chinese consumers to borrow.
China Financial Watchdog Vows to Further Open Up, Curb Risks
China will continue to open up its $60 trillion financial market to foreign banks and investment firms, while sticking to the bottom line of preventing systemic risks, the nation’s new top regulator …
China willing to deepen cooperation with UK financial sector -state media
China’s Vice President Han Zheng said on Thursday the country is willing to deepen cooperation with the British financial sector and promote sound development of bilateral economic and trade relations …
China’s financial opening-up gains momentum, as Shanghai is set to launch international reinsurance trading market
The Lujiazui Forum runs through June 9. Photo: VCG Opening-up is China’s fundamental national policy and the financial sector opening-up will only deepen, a senior government official said on Thursday …
U.S. secretly boosts military strategy near China’s border
The serene atmosphere of the Mimosa Plus Golf Course in Clark, just 92km north of Manila, witnessed a transformation in April. For the first time since the conclusion of the Cold War, more than a…
Holding China accountable for its emissions-heavy manufacturing
We can also level the playing field for American manufacturers by giving them credit for the cleaner … so we have concrete evidence that goods produced by countries like China require far more …
Flame of Chengdu Universiade transferred to Beijing ahead of torch relay
Under an escort of 21 members, the flame was transferred by the aircraft to Beijing where the torch relay officially starts on Saturday. The torch relay is scheduled to run until July 28, when the…
China’s guarding of genetic data is a drag on scientific research
Many governments regulate the collection and use of genetic data and material, mainly out of concern for standards of informed consent and patient privacy. “But China takes it to the extreme. They view it as…
Honor is the only Chinese brand to expand its market share in global markets
The global smartphone market is in a state of decline. Almost every other OEM is registering negative growth, except for one — Honor. Ever since Honor separated from its parent company Huawei, it has …
China launches nationwide car purchase campaign as May sales tick up
China on Thursday announced a nationwide campaign to promote automobile purchases in a major push to shore up demand in the world’s largest auto market.
Block all overseas calls: police in multiple Chinese cities issue ‘urgent reminder’ as anti-fraud drive scaled up
Turn off incoming overseas calls to avoid scammers and ‘protect your money’, police in at least three provinces warn on their social media accounts Flurry of public appeals is part of drive to combat …
China to draw up AI regulation in 2023 as Beijing races against EU, US to roll out new laws covering the technology
The 2023 legislation plan of the State Council, China’s cabinet, includes the submission of a draft AI law, among more than 50 measures up for review The National People’s Congress Standing Committee …