Instead, he went to China. “You couldn’t have started a lab like mine elsewhere,” Mr. Schwertfeger said. The balance of power in technology is shifting. China, which for years watched enviously as the West invented…
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Beijing appoints Cai Qi as capital’s party chief: state media
BEIJING Beijing’s mayor Cai Qi has been appointed party chief of the capital city, the official Xinhua news agency reported on Saturday. Cai is close to Chinese President Xi Jinping, sources with ties to the…
China’s tighter financial regulations seen having minimal impact on economy
Chinese financial regulators have moved towards tighter oversight since March. The People’s Bank of China (PBOC) has been squeezing interbank liquidity and has pushed for economic deleveraging. The China Banking Regulatory Commission (CBRC) has issued…
China Moves to Stabilize Currency, Despite Promise to Loosen Control
HONG KONG — China has made a big show of gradually loosening its grip on the value of its currency, an effort meant to mollify critics like President Trump and experts who have long urged…
Myanmar, having warmed to the West, turns to China again
“Amid the unpredictable challenges of this democratic transition, Western influence on Burma is waning, while Beijing is becoming more assertive,” Myanmar’s Irrawaddy news website said in an editorial. Recent weeks have seen a flurry of…
Daughter of winery owners jailed in China seeking Trudeau’s help
The daughter of a British Columbia couple jailed in China last year while on a business trip is calling on the Canadian government to take action and bring her parents home as they face trial…
Taiwan tells China don’t use ‘black box’ hearing against detained activist
China’s official Xinhua news agency reported on Friday that China’s Taiwan Affairs Office said Li had been formally arrested by state security authorities in the southern province of Hunan on suspicion of subversion of state…
Beijing appoints Cai Qi as party chief: state media
BEIJING Beijing’s mayor Cai Qi has been appointed as party chief of the capital city of Beijing, the official Xinhua news agency reported on Saturday. Cai is close to Chinese President Xi Jinping, sources with…
Chinese regulator greenlights seven IPOs
BEIJING, May 27 (Xinhua) — The China Securities Regulatory Commission (CSRC) has newly approved IPO applications of seven companies, fewer than the 10 applications approved last week. The seven companies will raise no more than…
China says detained Taiwan activist confesses to harming state security
and China later confirmed his detention. In a short statement carried by the official Xinhua news agency, China’s Taiwan Affairs Office said that Li had been formally arrested by state security authorities in the southern…
China says Taiwan activist confesses to harming state security, Taiwan says charges vague
and China later confirmed his detention. In a short statement carried by the official Xinhua news agency, China’s Taiwan Affairs Office said that Li had been formally arrested by state security authorities in the southern…
Chinese jets come within several hundred feet of US plane over South China Sea
Mischief Reef is one of the manmade islands that China has built up in the Spratly Islands chain … That incident was also characterized as “unprofessional,” a U.S. official said. ABC News’s Elizabeth McLaughlin contributed…
China Unicom extend partnership with ITTF
A partnership agreement between the International Table Tennis Federation (ITTF) and telecommunications firm China Unicom has been renewed. The company have worked with the ITTF since 2006 and the latest deal has seen another four…
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