Meanwhile, former US Secretary of State Henry Kissinger met with China’s President Xi Jinping Friday, China’s state-run news agency Xinhua reported. Kissinger — secretary of state from 1973-77 — is credited with secret diplomacy that…
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Infant formula company Bellamy's shares plunge 44pc on weaker China sales
Organic baby formula maker Bellamy’s share price has plummeted after the company reported weaker sales in China. As much as 43.9 per cent was wiped from the shares this morning after Bellamy’s released an investor…
China hopes Trump call with Taiwan leader won't damage ties
China’s foreign minister said Saturday he hopes Beijing’s relations with the U.S. would not be “interfered with or damaged” after president-elect Donald Trump broke with decades-long diplomatic tradition and spoke directly with Taiwan’s leader. It…
China and the Church: The 'outlaw' do-it-yourself bishop
Without the Pope’s permission, or Beijing’s, this 58-year-old labourer from a village in northern China calls himself a bishop. China and the Vatican are believed to be close to a historic agreement governing the selection…
Fear, Then Skepticism, Over Antibiotic-Resistant Genes in Beijing Smog
BEIJING — Reports that Beijing’s already notorious smog contained bacteria with antibiotic-resistant genes spread through the city last week like pathogens in a pandemic disaster movie. “Drug-resistant bacteria make people very afraid,” The Beijing ……
Beijing to quit coal mining by 2020
BEIJING: Beijing will close its last three coal mines in the next four years and entirely quit coal mining by 2020, ending an 800-year-old practice in a bid to curb alarming air pollution. China is…
China looks to clamp down on foreign investment spending
regulators are contemplating new measures that could include detailed scrutiny of purchases outside China and a temporary cap on overseas buying, set at $10-billion (U.S.) for foreign investments, $1-billion for assets outside a company’s core…
China using AI to censor sensitive topics in online group chats
China appears to have massively upgraded its powerful online censorship apparatus, using it to more severely block sensitive topics in group conversations while allowing freer rein in private chats – a sign, one expert says,…
Concur to Expand Business in China
Together with China DataCom Corporation, Concur’s expansion in China will help companies with localization, globalization and digital transformation of T&E processes BEIJING, Dec. 1, 2016 /CNW/ — Concur, an SAP (NYSE: SAP) company and the…
Why China’s New Cybersecurity Law Is Bad News for Business
China’s new cybersecurity law, expected to take effect next June, could hurt any foreign firm looking to do business in the world’s second-largest economy. Though the law is intended to fight non-Chinese and Chinese hackers,…
Asian markets higher after China factory data
SEOUL, Korea, Republic Of – Asian stock markets moved mostly higher on Thursday as upbeat factory data from China boosted investor sentiment. KEEPING SCORE: Japan’s Nikkei 225 jumped 2.3 per cent to 18,727.25 while South…
China introduces 10% extra tax on 'super cars'
China has introduced an additional 10% tax on “super cars”, including Ferrari, Bentley, Aston Martin and Rolls-Royce. The tax, affecting cars that cost more than 1.3m yuan ($189,000; £151,024), is aimed at curbing lavish spending…
China stocks rebound on stronger factory growth
Shanghai – China stocks rose on Thursday after an official survey showed manufacturing activity expanded at its strongest pace in more than two years, while surging oil prices boosted shares of energy companies. The blue-chip…