BEIJING (Reuters) – Global automakers reported a surge in China sales last year as consumers rushed to take advantage of a tax cut on small-engine cars, but cautioned 2017 would be tougher for the industry…
Featured Posts Title
One-year-old, Beijing Library serves book lovers with passion
Chinese carmakers to slow down new luxury EV releases due to weak demand: analysts
Shenzhen Expressway Co Reports Strong November Toll Revenue
China’s Economy Has a Tourism Problem
China’s Xi orders a stop to a spree of mass killings known as ‘revenge on society crimes’
CFR’s Richard Haass on the Russia-Ukraine war, state of U.S.-China relations and fate of TikTok
Driver in China’s Zhuhai car ramming attack sentenced to death, Xinhua reports
Recent Posts
China sales vroom in 2016 for global automakers; dull 2017 looms
South Korea minister says China indirectly retaliating against THAAD
SEJONG, South Korea China is suspected to be taking indirect action against South Korea’s decision last year to deploy a U.S. anti-missile system, South Korea’s finance minister said. China worries that the U.S. Terminal High…
China's central bank urges rational investment in bitcoin
China’s institutional and individual investors should take a rational approach to investing in virtual currencies such as bitcoin, the central bank said on Friday. Bitcoin prices had showed abnormal fluctuations, the Shanghai head office of…
China central bank urges rational investment in bitcoin
BEIJING China’s institutional and individual investors should take a rational approach to investing in virtual currencies such as bitcoin, the central bank said on Friday. Bitcoin prices had showed abnormal fluctuations, the Shanghai head office…
China nibbles at Samsung share to take 50 percent of India's smartphone market
who are focused more on low-cost markets like China, India and Indonesia. Shah said Chinese vendors’ access to low-cost components and their expertise in designing metal casing for cheap phones has let brands like Oppo,…
Beijing Engulfed By Major Fog For Second Day In A Row
The Chinese capital issued its highest red fog alert for a second day on Wednesday, keeping highways closed in and around the city which is already under a smog alert after weeks of choking winter…
A day in the life of Beijing’s apocalyptic smog
The smog is rolling in over Beijing. We are about to experience what the foreign media have nicknamed the “airpocalypse” — another days-long episode of choking air pollution. In fact, this is the second one…
UPDATE 1-China watchdog to bolster private bank supervision
BEIJING Jan 5 China’s banking regulator have issued guidelines aimed at strengthening governance at the country’s emerging private banks in the latest move by regulators to beef up risk management among financial services firms. The…
Chinese fake bank founders jailed for swindling
The story shocked many in China – already used to fake food and product scandals – when it first came out. Many commented on the crime’s audacity and the fact that the “bank” was able…
China’s Athleisure Market Isn’t Going Anywhere As Functional Fitness Wear Brands Expand
There’s been debate in the last few months as to whether athleisure will lose its status as a top global fashion trend, or whether sales will begin to falter because upscale yoga pants for work…
Apple pulls New York Times app from its China store – acting on Beijing’s orders
Apple has removed the New York Times app from its digital store in China, acting on what it says were orders from the Chinese government. The news underlines how American information technology companies are being…
China's choices narrowing as it burns through FX reserves to support yuan
China stepped into both its onshore and offshore yuan markets … As recently as last week, authorities introduced requirements for financial institutions to report all single domestic and overseas cash transactions of more than 50,000…
China state arms maker pledges 'mixed ownership' reforms
SHANGHAI (Reuters) – The China North Industries Group (Norinco), a central government-run arms manufacturer, has decided to pursue a “mixed ownership” model as part of China’s ambitious reform programme for state-owned enterprises (SOEs), the company…