China’s central bank has not cut interest rates since October 2015, when worries about deflation were more pressing, opting instead for regular injections of funds into the financial system and targeted infusions of cash into…
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China finance chief exit derails Japan hopes for yuan deal
BEIJING — When China’s reformist Finance Minister Lou Jiwei stepped down in November, Japan found its hopes of rekindling bilateral currency cooperation on rough terrain. The Chinese Ministry of Finance was thrown into confusion Nov.…
China Unicom Partners Cavium to Accelerate Development of Virtualized RAN Solution
China Unicom has selected Cavium to accelerate the design and development of Virtualized BBU (base band unit from the base station) based on general purpose hardware and open source technologies. Cavium is a fabless semiconductor…
China should build more nuclear arms to prepare for Trump: Chinese newspaper Global Times
On Wednesday, Trump selected Iowa Governor Terry Branstad, who has close ties to Chinese President Xi Jinping dating back to the mid-1980s, as ambassador to China — potentially welcome news for Beijing, which called him…
11 miners confirmed dead in China mine blast
BEIJING — The bodies of miners missing in an underground gas explosion in central China have been found, bringing to 11 the total who died in the latest deadly accident to strike China’s mining industry,…
China Unveils 5-Year Anti-Pollution Plan: Reduce Pollutants, Better Ecology, Coal Control in 2020
China may have unveiled its strictest environmental protection system yet. The State Council has just released a national plan set to build environmental improvements that will reduce the concentration of PM2.5 particulate pollution in cities…
China November trade rises unexpectedly in sign of global pick-up but Trump clouds 2017
BEIJING (Reuters) – China’s imports grew at the fastest pace in more than two years in November, fueled by its strong thirst for commodities from coal to iron ore, while exports also rose unexpectedly, reflecting…
China considers easing foreign investment limits
Shanghai (AFP) – China has indicated it could relax restrictions on foreign investment in some sectors as it struggles to counter an overseas exodus of capital, while facing accusations of protectionism from US President-elect Donald…
China Unicom launches UK MVNO on O2's network
China Unicom Global (CUG) has launched an MVNO running on Telefonica’s network in the UK, labelling the service “CUniq”. The state-controlled mobile operator, the fourth biggest in the world in terms of subscribers, claims the…
China's Export Portfolio Could Include Third-Generation Nuclear Technology
The China-Pakistan Economic Corridor (CPEC) is the nuclear cooperation between China and Pakistan, and a project that is part of the “One Belt, One Road” initiative. This project has made great strides in the recent…
China pledges to increase openness with foreign investment rules
BEIJING (Reuters) – China moved towards opening up markets such as railway equipment and vehicle batteries on Wednesday with the publication of draft foreign investment guidelines which it said would “increase openness to the outside…
China’s Credit Binge Has Driven Its Banks to Hide $2 Trillion in Loans
With China’s latest economic growth recently being driven by unprecedented levels of debt, that debt is gaining increased attention. Two years ago the focus turned to shadow banking, the non-bank financing that included runaway wealth…
China showing signs of recovery in latest trade report
China’s imports grew at the fastest pace in more than two years in November, fuelled by its strong thirst for commodities from coal to iron ore, while exports also rose unexpectedly, reflecting a pick-up in…
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