China just removed a top official who’s played an important role in trying to reform the country’s debt-laden economy for the past three years. In a one-line statement, the government said Finance Minister Lou Jiwei…
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China just got rid of its finance minister
China Unicom Trials ADVA's G.metro Technology for Mobile Fronthaul
ADVA Optical Networking announced recently that China Unicom has conducted a successful field trial of its G.metro (WDM-PON) technology in an advanced fronthaul network. The wavelength-agnostic prototype uses a single bidirectional fiber link between head…
China’s AgBank Fined $215 Million for Hiding Transactions
China’s third-largest lender tried to obscure the trail of dollar transactions by Russian, Chinese and Middle Eastern clients and attempted to silence a compliance officer who raised alarms about it, according to New York’s banking…
Beijing bars 2 young Hong Kong legislators who 'posed a grave threat'
China’s top legislature effectively barred two democratically elected separatist lawmakers from taking office in Hong Kong with a ruling Monday on the city’s constitution, an intervention into a local political dispute that’s likely to spark…
Beijing ruling bars Hong Kong lawmakers from taking office
Beijing has intervened in Hong Kong politics to block two elected lawmakers from taking office. Sixtus Leung and Yau Wai-ching, who are pro-independence, have refused to pledge allegiance to Beijing when taking their oaths. Beijing…
China Names New Finance Minister to Replace Veteran Lou Jiwei
China has replaced veteran reformer Lou Jiwei with a new finance minister who’ll be tasked with juggling fiscal stimulus and efforts to rein in excess leverage in the world’s second-largest economy. Xiao Jie, previously a…
China says it must intervene to stop Hong Kong separatism
… in a statement that Beijing could not afford to do nothing in the face of challenges in Hong Kong to China’s authority, the official Xinhua News Agency reported late Saturday. The dispute in Hong…
China pledges 18-per cent carbon emissions cut by 2020
BEIJING — China has announced a plan to curb greenhouse gas emissions over the next several years, while capping coal consumption and increasing the use of non-fossil fuels. Under the plan, by 2020, the level…
China says it must act to deter Hong Kong separatism
BEIJING – China’s top legislative panel has said Beijing must intervene in a Hong Kong political dispute to deter advocates of independence for the city, calling such acts a threat to national security. The official…
China launches $11 billion fund for Central, Eastern Europe
BEIJING (Reuters) – China has set up a 10 billion euro ($11.15 billion)investment fund to finance projects in Central and Eastern Europe, Industrial and Commercial Bank of China (Shanghai:601398.SS – News) (HKSE:1398.HK – News) said…
China launches 10 billion euro fund for Central, Eastern Europe
BEIJING (Reuters) – China has set up a 10 billion euro ($11.15 billion)investment fund to finance projects in Central and Eastern Europe, Industrial and Commercial Bank of China said in a statement issued on Sunday.…
China Announces Plan to Curb Carbon Emissions
China has announced a plan to curb greenhouse gas emissions over the next several years, while capping coal consumption and increasing the use of non-fossil fuels. Under the plan, by 2020, the level of carbon…
China Launches Heavy-Lift Long March 5 Rocket for 1st Time
Credit: China Aerospace Science and Technology Corporation China’s powerful new heavy-lift rocket soared on its maiden flight today (Nov. 3), bringing the nation one step closer to building its own space station in Earth orbit.…
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