(CNN)Relations between Australia and China have grown frosty in recent months, Australian Prime Minister Malcolm Turnbull admitted Thursday, amid reports in local media that Australian ministers had been refused Chinese visas. In December last year…
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China blames US ‘sabotage’ for Panama’s departure from Belt and Road initiative
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Trump says China ‘operates’ the Panama Canal – how deep are Beijing’s ties to the key waterway?
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Year of the Snake begins with bared fangs in Beijing as Trump triggers trade war
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Australia admits ‘tension’ with Beijing over new anti-influence laws
Hong Kong in the running to host three Kazakh state IPOs
Nurlan Rakhmetov, its managing director for transformation, privatisation and restructuring, told South China Morning Post that Chinese state-owned investors have shown keen interest in taking part in the IPOs, buoyed by the central Asian nation’s…
China Unicom to roll back 2G network
Telecommunications operator China Unicom (中国联通) has begun closing down its 2G network and requested that services using the technology cease development, our sister site is reporting. The company has already started the process of frequency…
Made in China 2025 plan irking Beijing’s trading partners
BEIJING — U.S. officials have a name for their frustration with Beijing’s technology ambitions: “Made in China 2025.” Issued in 2015, it calls for China to develop its own global competitors in fields from information…
WeWork to snap up China-based rival Naked Hub: sources
Naked Hub, headquartered in Shanghai, has around 50 opened and planned locations across mainland China, Hong Kong and Vietnam … $4.4 billion in investments from the Japanese firm and its technology fund last year and…
New challenge to USD: SBP allows Bank of China to settle transactions in yuan
KARACHI -UNS : The State Bank of Pakistan granted Bank of China permission to establish yuan settlement and clearing mechanism in a major step to encourage trade with Chinese currency and eventually in the respective…
China central bank governor says first quarter economic data a little better than expected
BEIJING (Reuters) – China’s central bank governor, Yi Gang, said on Thursday that first-quarter Chinese economic data has been a little better than expected. Yi was a speaker at a Belt and Road conference in…
China commerce ministry says Beijing will fight back if U.S. escalates trade spat
BEIJING (Reuters) – China is well prepared and will not hesitate to fight back if the United States escalates its trade spat with Beijing, the commerce ministry said on Thursday, adding Chinese President Xi Jinping’s…
How To Revive Your Mind, Body And Soul During Spring In Beijing
Given its harsh winters and muggy summers, Beijing shows best in the spring. It’s a time when blossoms return to trees and locals ditch the heavy mittens and blankets attached to their scooters. In fact,…
Ford to ramp up Lincoln rollout in China in bid to catch rivals: sources
DETROIT/BEIJING (Reuters) – Ford Motor Co’s (F.N) premium Lincoln brand plans to build as many as five new vehicles in China by 2022, according to two U.S. sources, in a move to expand sales in…
CIA Director Mike Pompeo failed to disclose business link to China
CIA Director Mike Pompeo failed to disclose links to a company owned by the Chinese government during his 2017 confirmation. The CIA defended Pompeo’s omission saying, “He would have no reason to know details on…
China Takes New Step Toward Opening Its Financial Markets to the World
Given China’s creaky financial system and high debt buildup, Beijing is keen to maintain a tight grip on the pace of financial liberalization and capital flows, analysts say. “We can’t deal with it if we…
China Construction Bank opens a branch managed by robots
After the introduction of unstaffed convenience stores and cashier-less karaoke booths, self-service bank branches now look like they are becoming a reality. China Construction Bank (CCB), the nation’s second largest lender by assets, opened one…
