(Reuters) – The main listed unit of Chinese technology conglomerate LeEco said on Sunday that it plans to buy investment and financial service assets from an affiliate for up to 3 billion yuan ($455.24 million)…
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China’s Leshi Internet plans to buy finance business from affiliate for 3 billion yuan
China banks told to stop N.Korea business
China’s central bank has told banks to strictly implement United Nations sanctions against North Korea, four sources have told Reuters, amid US concerns that Beijing has not been tough enough over Pyongyang’s repeated nuclear tests.…
68 Things You Cannot Say on China’s Internet
They were issued by the China Netcasting Services Association, which includes as members more than 600 companies, including the official Xinhua News Agency, the social media giants Sina and Tencent, the dominant search engine Baidu…
China pulls Vietnam border war movie from cinema holiday line-up at last minute
A movie tribute by one of China’s leading directors to Chinese veterans of the 1979 Sino-Vietnamese war has been pulled from cinemas after a last-minute “discussion”. Director Feng Xiaogang’s movie Youth, or Fanghua, was scheduled…
China puts US on notice over solar panel trade curbs ahead of Trump trip
China’s Ministry of Commerce called on the United States to “exercise caution” on trade restrictions and rejected the US International Trade Commission’s ruling on Friday that the cheap imports were responsible for the woes of…
China insurance regulator sent to prosecutors in graft probe
China’s top anti-corruption agency says the country’s former insurance regulator has been expelled from the ruling Communist Party and turned over to prosecutors to face criminal charges. A weekend statement by the Central Commission for…
Kings sweep Canucks in China pre-season series
The Los Angeles Kings beat the Vancouver Canucks 4-3 in a shootout to win both of the NHL’s first pre-season games in China. Saturday’s game in Beijing caps a push by the league to popularize…
Ice hockey makes push to help China get its skates on
The Kings won the first of two China exhibitions between the sides 5-2 in Shanghai on Thursday and repeated the feat with a 4-3 shootout win two days later after the Canucks had rallied in…
Property price controls boost financial stability
Visitors check out a property project at a housing fair in Luoyang, Central China’s Henan province. [Photo Provided to China Daily] A number of Chinese cities have extended or rolled out new measures to control…
RPT-Small cities benefit as southern China project takes off
“In China, if you want to invest, you go where the national policies go,” said property agent Zhang Guangzi in Daya Bay, an emerging district in Huizhou. Two years ago, HSBC brought attention to the…
London can play key role in Beijing’s new ‘silk road’, says Bank of China executive
A Bank of China executive has backed the City of London to help manage the risk posed by Beijing’s mammoth infrastructure programme, the belt and road initiative. Sun Yu, general manager of the bank’s London…
Russia and China quietly build business bonds
There has been no shortage of big investment promises each time a Chinese government delegation has visited Moscow in recent years, but concrete deals have often been lacking. So the $9.1bn stumped up by CEFC…
China’s Alibaba bringing online payment platform AliPay to Canada
Ma hosted Trudeau, Foreign Affairs Minister Chrystia Freeland and Canadian business representatives at the company’s campus in Hangzhou, China last September. ( read original story …)
