China’s monetary authority set up its multitasking goals this year to better balance economic growth, financial deleveraging and risk prevention while maintaining a tough regulatory stance. People’s Bank of China, the central bank, kept the…
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Map Shows ‘Nuclear Weapons-Free Zone’ Backed by Russia and China
China jumps ahead in the race to achieve a new kind of reuse in space
Shenzhen authorities issue warning over illegal fundraising
Who is the Chinese hacker the US is accusing of stealing vaccine secrets?
US Flexes Air Power With Ally in Contested South China Sea
China warns Trump on tariffs, threatens retaliation on supply chain deals
China Grants Visa-Free Entry To Over 70 Nationals In A Bid To Boost Tourism
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Central bank to rein in risky State businesses
HSBC becomes first international bank allowed to remit yuan to China
HSBC said on Wednesday that it had helped a Chinese national remit yuan from Australia back to mainland China, the first international bank to do so since a rule change in January. The transaction is…
China’s HNA group cuts stake in Deutsche Bank
Cash-strapped Chinese conglomerate HNA has stepped up efforts to restore confidence and bolster its balance sheet, announcing that it has further reduced its stake in German lender Deutsche Bank. The company managing HNA’s stake, C-Quadrat,…
China reforms rural land use, mindful of the risks to ecology and social stability
Separating property rights into three categories – collective ownership … 2016 suggested that 75 per cent of world arable land is managed by family farms. In China, too, the future for agriculture will still be…
Risk of conflict over China Sea growing, Philippines warns
“Whereas before the South China Sea was dominated by the US 7th Fleet, now the Chinese navy is starting to challenge the dominance,” Sto. Romana told a news forum in Manila. “I think we will…
China’s Spring Festival Gala Is a Catwalk for Foreign Luxury Brands
Each year since 1983, China’s state-owned television network CCTV has aired the live-broadcast of a variety show, known as the Spring Festival Gala. The Gala is the most viewed TV show in the world, attracting…
China mobile payment market tops the world at US$12.7 trillion
China’s mobile payment volume reached 81 trillion yuan (US$12.77tn) as of October 2017, as cashless transactions continued to gain popularity in the world’s second largest economy. The mobile payment volume for the first ten months…
China’s mobile payment volume is world’s largest at S$16.7 trillion
BEIJING (XINHUA) – China’s mobile payments totalled 81 trillion yuan (S$16.7 trillion) as of October 2017, the world’s largest volume, official data showed. The volume was much more than the whole of 2016, which stood…
Ice Hockey: Women’s Tournament to Grow by Two for Beijing Games
GANGNEUNG, South Korea — The women’s ice hockey tournament at the 2022 Beijing Winter Games will expand from eight to 10 teams, the head of the International Ice Hockey Federation (IIHF) said on Monday. The…
Ice Hockey: Unified Korean Team Could Be Beijing-Bound
GANGNEUNG, South Korea — The prospect of seeing a unified Korean women’s ice hockey team return to action at the 2022 Winter Olympics would be welcomed by International Ice Hockey Federation (IIHF), who believe it…
China’s mobile payment volume tops 81 trln yuan
China’s mobile payments totaled 81 trillion yuan (about 12.77 trillion U.S. dollars) as of October 2017, the world’s largest volume, official data showed. The volume was much more than the whole of 2016, which stood…
Philippines: Risks rising with China challenging US at sea
“Whereas before the South China Sea was dominated by the U.S. 7th Fleet, now the Chinese navy is starting to challenge the dominance,” Sto. Romana told a news forum in Manila. “I think we will…
China Launches Luxury Brand Appraisal Center to Tackle Fakes
China is the world’s largest luxury market, and one where fakes are still rampant. It’s a huge problem not only for brands, but also for Chinese shoppers willing to pay for the real thing who…
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