BEIJING (Reuters) – Taiwan has a case of sour grapes, Chinese state media said on Wednesday, after the self-ruled island accused China of using a $3-billion aid pledge to persuade the Dominican Republic to switch…
Featured Posts Title
Wang Yi reiterates Beijing’s rejection of South China Sea ruling
China, ASEAN to submit upgraded free trade deal to leaders in October, says China’s foreign minister
Trump reportedly threatened to ‘bomb the [expletive] out of Moscow’ and Beijing. Here’s context
China’s Chery denies allegations of fraudulent subsidy declarations
Tale of two cities whets the appetite for adventure
Beijing’s Growing Boldness: China’s Stance On Ukraine Sparks EU Alarm
Trade trumps geopolitics as Australia PM visits China
Recent Posts
China media say Taiwan has sour grapes as another ally goes
China’s HNA sells property developer unit in $456 mln deal
SHANGHAI, May 2 (Reuters) – China’s HNA Group is selling a real-estate focused unit for 2.9 billion yuan ($456.08 million), the firm said in a regulatory filing on Wednesday, amid a broader sell down by…
Does the People’s Bank of China have “what it takes” to join the big league of central banks?
Zhou Xiaochuan – China’s long-term central bank governor – finally stepped down from his position in the spring 2018, after more than 15 years at the helm of the People’s Bank of China (PBoC). During…
Small regional banks are weak links in China’s financial system
In the wake of the global financial crisis, China saw an explosion not only in the level of debt in the economy, but also in the development of complex and opaque shadow banking structures. The…
China Minsheng Banking : Minsheng Bank 1Q net profit up 5.2% to Rmb14.94bn
5.23% year-on-year to Rmb14,942 million. Basic and diluted earnings per share were Rmb0.41. Operating income amounted to Rmb36,748 million, an increase of 1.36% from a year earlier. Net interest income amounted to Rmb15,741 million, a…
Asia sees signs of export weakness before key U.S.-China trade talks
China, which denies allegations it coerces technology transfers … In Taiwan, another Asian hi-tech powerhouse, factory growth slowed to six-month lows. Business growth in the United States and Europe, while still strong, has slowed to…
Banks feel bite of low IPO approval rate
In the first quarter of 2018, the volume of A-share IPO applications approved by the CSRC declined dramatically, according to data compiled by China Banking News in April. From January to March, CSRC greenlighted 32…
One chilling story shows how far China will go to silence critics
Speaking at an event at the Lowy Institute attended by Business Insider, Ma said Chinese-language media in Australia faces unique pressures that other ethnic media don’t. She then described one incident which illustrated how China…
Payback time? The links between Beijing, the Dominican Republic and Tsai Ing-wen’s pro-independence appointments
Taiwanese President Tsai Ing-wen’s recent appointments to the island’s premiership and top officials on mainland affairs signal she could be prepared to stand firm against Beijing, analysts said. But the choices might have also unnerved…
Dominican Republic breaks with Taiwan, forges diplomatic ties with Beijing
The Dominican Republic’s government has announced it is establishing diplomatic relations with Beijing and breaking ties with Taipei. The decision is the latest setback for Taiwan in the Caribbean and Latin America. Panama dropped its…
Close Xi aide to meet U.S. trade delegation in Beijing
BEIJING (Reuters) – Chinese President Xi Jinping’s top economic adviser, Vice Premier Liu He, will meet a top-level U.S. trade delegation in Beijing this week, state media said on Wednesday, amid a festering dispute between…
How Beijing got rid of pollution tag with astute planning
Beijing was one of the most polluted megacities in 2012, with levels comparable to Delhi. However, between 2013 and 2016 PM10 levels fell by about 15% in Beijing, while the Indian capital has seen no…
Stretched-out Audi Q5L debuts at 2018 Beijing auto show
What is it? If it is going to matter in China, it must have an L in its name. Audi already sells the long-wheelbase A4L, A6L and the A8L models; now comes the first long-wheelbase…