Recent Posts

China vows to commit to Paris climate accord

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Merkel referred to Li’s assurance as “very encouraging”. “China has become a more important and strategic partner,” Merkel said in the news conference. Their comments come after reports that the US will withdraw from the…

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China launches cybersecurity law

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The new legislation came into force on Thursday, provoking criticism and posing uncertainty among the business sector in the country, Efe news reported. “The law will have a big impact on how business is done…

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Baidu’s Turn as a Bank Is Unwelcome

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Everything is a bank in China these days it seems—even its biggest internet search engine. The move by Baidu BIDU -1.99% —often referred to as China’s Google—into financial services has now caught the eye of…

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China’s Monetary Conundrum

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This trend can be traced back at least to 2004, when a fast-growing trade surplus and massive capital inflows, as well as relentless exchange-rate appreciation, forced the People’s Bank of China (PBOC) to resort to…

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Global stocks mostly higher as China falls

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BEIJING — Global stock markets were mostly higher Thursday following Wall Street’s decline while Chinese stocks fell after a survey showed manufacturing activity weakening. KEEPING SCORE: France’s CAC-40 gained 0.5 per cent to 5,308.60 and…

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