China's service trade deficit growth slows in 2016

BEIJING - China's service trade deficit grew more slowly in 2016, as more Chinese people traveled overseas. The service trade deficit stood at $242 billion at the end of 2016, up 33 percent year on year and mainly driven by tourist spending overseas ... ( read original story ...)

Open Sesame: China Announces Further Opening of the Economy

Operational throughout China, ASEAN and India, our mission is to guide foreign companies through Asia’s complex regulatory environment and assist them with all aspects of establishing, maintaining and growing their business operations in the region. ( read original story ...)

China's changing debt risks drive up bond futures volumes

SHANGHAI: Trading volumes in China's typically sleepy bond futures market have exploded in recent months as investors seek to hedge the growing risks of rising interest rates and a volatile debt sector. Turnover of five- and 10-year bond futures quadrupled ... ( read original story ...)

Germany's SAP sees opportunities for SME business

[Photo/VCG] German software company SAP SE will focus on small and medium-sized clients to grow its cloud business in China this year, after it posted its best-ever financial year in the region in 2016. SAP's China branch announced on Wednesday that it saw ... ( read original story ...)

Trump breaks ice with China in letter to Xi

Chinese foreign ministry spokesman Lu Kang said his country attached great importance to the letter, Reuters news agency reports ... Beijing on sensitive issues such as Taiwan and the South China Sea. He angered China by taking a call from Taiwan's ... ( read original story ...)

Drunken man accused of setting fire to fireworks shop in China

Police in China have released security camera footage showing a man believed to be drunk, allegedly intentionally setting fire to a fireworks store. According to CCTV, the 45-year-old man had been drinking when he went to a store in the city of Hanzhong on ... ( read original story ...)