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…
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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…
South China Sea: Paul Keating says Rex Tillerson threatening to involve Australia in war
(ABC News) In his statement, Mr Keating rejected Mr Tillerson’s claim that China’s control of access the South China Sea would be a threat to the entire global economy. “No country would be more badly…
China warns of ‘devastating consequences’ if US blocks its plans for artificial islands
THE US has been warned of potentially “devastating consequences” if it blocks China from islands it has built in contested waters in the South China Sea, according to Chinese media reports. And in more inflammatory…
China warns US of 'devastating confrontation'
The United States has been warned of a potentially “devastating confrontation” if it blocks China from islands it has built in contested waters in the South China Sea. Chinese media reports have also warned US…
HSBC risks losing advantage with year-long delay in Chinese banking push
LONDON HSBC’s (HSBA.L) ambitions to establish an investment banking franchise in China have hit a roadblock, with the bank still waiting for approval for its partnership with a state-owned fund more than a year after…
China's big banks, after record write-offs, poised for recovery
Record write-offs for bad loans and shrinking margins – caused by six consecutive interest rate cuts – led to flat profits and beaten down valuations last year for the likes of Industrial and Commercial Bank…
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