“Movements of this speed and magnitude have to be either official intervention or officially directed action by Beijing,” said Christopher Balding, an associate professor of finance at the Peking University HSBC School of Business in…
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China chides Trump: 'Twitter shouldn't become an instrument of foreign policy'
China’s state news agency, Xinhua … “Everyone recognizes the common sense that foreign policy isn’t child’s play, and even less is it like doing business deals,” the article stated. “Twitter shouldn’t become an instrument of…
Apple pulls New York Times app in China after government request
Apple Inc has removed the New York Times Co’s news apps from its app store in China following a request from the Chinese authorities, the companies said separately on Thursday. Apple removed both the English-language…
China Mobile, Huawei to Cooperate on Smart Home Development
At a recent industry event in China, China Mobile and Huawei have signed a strategic cooperation agreement on the development of Smart Home solutions. The companies aim to create a manageable and operable home network…
China took giant steps in science and technology in 2016
In 2016, China attracted lots of global attention by making the impossible possible and by conquering human and technological limitations. Discover how it performed in science and technology in 2016. When Shenzhou XI spacecraft blasted…
China raises yuan fixing by most since 2005 to battle yuan bears
SHANGHAI (Reuters) – China’s central bank on Friday raised the value of it official guidance rate by the most since the yuan was revalued in 2005, as the authorities ramped up their defense of the…
China sales vroom in 2016 for global automakers; dull 2017 looms
BEIJING (Reuters) – Global automakers reported a surge in China sales last year as consumers rushed to take advantage of a tax cut on small-engine cars, but cautioned 2017 would be tougher for the industry…
South Korea minister says China indirectly retaliating against THAAD
SEJONG, South Korea China is suspected to be taking indirect action against South Korea’s decision last year to deploy a U.S. anti-missile system, South Korea’s finance minister said. China worries that the U.S. Terminal High…
China's central bank urges rational investment in bitcoin
China’s institutional and individual investors should take a rational approach to investing in virtual currencies such as bitcoin, the central bank said on Friday. Bitcoin prices had showed abnormal fluctuations, the Shanghai head office of…
China central bank urges rational investment in bitcoin
BEIJING China’s institutional and individual investors should take a rational approach to investing in virtual currencies such as bitcoin, the central bank said on Friday. Bitcoin prices had showed abnormal fluctuations, the Shanghai head office…
China nibbles at Samsung share to take 50 percent of India's smartphone market
who are focused more on low-cost markets like China, India and Indonesia. Shah said Chinese vendors’ access to low-cost components and their expertise in designing metal casing for cheap phones has let brands like Oppo,…
Beijing Engulfed By Major Fog For Second Day In A Row
The Chinese capital issued its highest red fog alert for a second day on Wednesday, keeping highways closed in and around the city which is already under a smog alert after weeks of choking winter…
A day in the life of Beijing’s apocalyptic smog
The smog is rolling in over Beijing. We are about to experience what the foreign media have nicknamed the “airpocalypse” — another days-long episode of choking air pollution. In fact, this is the second one…