As of last September, the most recent financial data available, the group was carrying 232 billion yuan in debt, 63% of it due within a year. As with other fast-growing private conglomerates such as ……
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Thirty dead in Beijing as parts of China reel from heavy rains and flooding
China Minister Meets US Delegation Including Apple in Beijing
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‘Ghost ships’ moving sanctioned Russian oil to China complicate US talks
Live updates: U.S. and China talk tariff truce; Trump wraps up Scotland visit
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Liquidity crunch: How private giants fall in China
Canada looking for new canola customers, pushing China to verify claims: Carr
OTTAWA — Canada is looking for new Asian customers for its canola to answer China’s ban on many shipments of the product, says International Trade Minister Jim Carr. The Canadian government is also … (…
Joint China Unicom and Ericsson AI lab to drive innovation in network services
Good momentum news for Ericsson Managed Services and Artificial Intelligence from China as Ericsson partners with China Unicom to develop and deploy AI-based managed services solutions to improve … ( read original story …)
Pull Canadian investment in China development bank over canola ban, Scheer urges Trudeau
Key among them was for the government to yank back the $256 million over five years it committed to Beijing’s multilateral development bank in 2017. That investment in the bank was billed as … (…
Scheer demands the Liberals to do more in retaliating against China’s canola ban
and increase financial support for farmers. Citing unproven concerns about pests, China has rejected Canadian canola seed shipments in recent months and has suspended the licences of two major … ( read original story …)
China’s South China Sea strategy takes a hit as the US Navy threatens to get tough on Beijing’s sea forces
“made it very clear” to his Chinese counterpart in January that “that the US Navy will not be coerced,” the Financial Times reported, citing an interview with the Navy’s top admiral. “By injecting … (…
Alibaba pays $250-million to settle U.S. lawsuit over pre-IPO counterfeiting warning
The lawsuit accused Alibaba of securities fraud for failing to disclose it had met with China’s State Administration for Industry … The white paper also said the SAIC delayed releasing its findings … ( read…
The US sailed 2 more warships between Taiwan and China, where tensions with Beijing are rising
WASHINGTON (Reuters) – The US military said it sent two Navy warships through the Taiwan Strait on Sunday as the Pentagon increases the frequency of movement through the strategic waterway despite … ( read original…
China Mobile : Announcement with respect to Investigation by The State Administration For Market Regulation of The People’s Republic of China
This announcement is made by China Mobile Limited (the “Company”, together with its subsidiaries, the “Group”) on a voluntary basis. The Company wishes to inform its shareholders that the State … ( read original story…
‘Avengers: Endgame’ to Finish Weekend With $329 Million China Haul
Marvel’s “Avengers: Endgame” is poised to complete its five-day opening weekend with a monstrous $329 million haul in China. Provisional figures from local tracking service China Box Office … ( read original story …)
Scheer to demand Canada pull funds from Chinese multilateral development bank
including pulling hundreds of millions of dollars Ottawa has committed to Beijing’s multilateral development bank. The Canadian Press has learned Scheer will also use a news conference to demand that … ( read original story…
US reportedly warns China over hostile non-naval vessels in South China Sea
The head of the U.S. Navy warned China that hostile behavior from its coast guard and fishing boats will not be treated any differently from the Chinese navy, the Financial Times reported on Sunday. ……
China’s inclusive financial loans grow faster
BEIJING – China’s inclusive financial loans sped up in the first quarter of 2019, said the central bank in a report. The outstanding inclusive financial loans amounted to 15.57 trillion yuan ($2.31 … ( read…
