BEIJING (Reuters) – China ramped up the police presence in the financial district of its capital on Monday, with officers checking bystanders’ identity cards and telling pedestrians to disperse, while … ( read original story…
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Recent Posts
Beijing beefs up security in financial district
Beijing promotes ‘toilet revolution’ in 5,000 restaurants
Toilet Revolution: Beijing has issued a guideline for restaurant toilets, to improve sanitary conditions of the city’s 5,000 restaurants this year, Beijing Youth Daily reported Friday. Released by the … ( read original story …)
UFC returns to China with first-ever event in Beijing on Saturday, November 24
BEIJING, CHINA – UFC® today confirmed its first-ever event in Beijing, China, will be held at the Cadillac Arena on Saturday, November 24. Limited early bird tickets for UFC FIGHT NIGHT® BEIJING, Pres… ( read…
Police lock down Beijing’s financial district to thwart protests
Hundreds of police officers locked down Beijing’s financial district on Monday to prevent … guards were gathered at every corner of the intersections near the offices of banking and securities regul… ( read original story…
China’s Softer Approach to Debt Doesn’t Mean Easy Ride for Banks
China’s top regulators are signaling that they’re not about to go soft on overseeing the nation’s $40 trillion financial industry, even as an economic slowdown gives them reason to relax their campaig… ( read original…
Beijing is more worried about domestic issues than its trade war with Washington, research firm says
The elevation in trade tensions between the U.S. and China may have dominated headlines in recent months, but a tariff war is not the most pressing concern for Beijing, according to one research firm. ……
China’s Didi to invest $1 billion in its auto services platform
China’s largest ride-hailing service, said on Monday it will invest $1 billion in its auto services business, part of a larger unit rebranding as the company ramps up to a widely anticipated initial p… (…
China’s monetary policy is complex and shifting. Here’s what you need to know
China’s central bank, the People’s Bank of China, doesn’t have a single primary monetary policy tool like the U.S. Federal Reserve. The PBOC instead uses multiple methods to control money supply and i… ( read…
China should not reopen the spigot of easy money
In 2009 China launched probably the biggest ever peacetime stimulus, issuing debt to fund an investment programme amounting to 12.5 per cent of gross domestic product. It aimed to offset the impact of … (…
Is China’s Xi Jinping’s authority over his country diminishing?
As trade negotiations falter and China faces questions after the disappearance of a professor … Christopher Carbone is a reporter and news editor covering science and technology for FoxNews.com. He … ( read original story…
China Tower raises most in an IPO globally since 2016
China Tower Corporation, the world’s largest telecommunications tower group by revenue, has raised $6.9bn its initial public offering, the biggest amount garnered globally in a market debut since 2016 … ( read original story …)
Ai Wei Wei’s Beijing Studio Destroyed By Chinese Authorities
Chinese authorities are razing the Beijing studio of dissident artist Ai Wei Wei. He said that demolition crews showed up without advance warning, and have begun the process of tearing down the studio … (…
Why American credit card companies can’t break into China
Meanwhile, state-controlled China UnionPay has solidified its hold on the bank card industry. And mobile payments have skyrocketed, dominated by services from rival powerhouses Tencent and Alibaba. “V… ( read original story …)
