BEIJING (Reuters) – China’s central bank said on Tuesday that it will maintain ample liquidity in the country’s financial system while taking steps to prevent asset bubbles in an increasingly leveraged economy. In its third-quarter…
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China central bank to keep liquidity ample, curb asset bubbles
China approves law to tighten control on internet use
China’s legislature approved a cybersecurity law on Tuesday that human rights activists warn will tighten political controls and foreign companies say might hamper access to Chinese technology markets. Chinese authorities say the law is required…
China's drive to become a rugby union superpower
Tingting Zhang, business development manager of Beijing-based sports marketing firm Yutang Sports, says rugby union is currently a “niche” sport in China compared with basketball, table tennis and badminton. But she says it does have…
Asia financial body says China cyber security law could make risk management harder
HONG KONG (Reuters) – The chief of one of Asia’s most prominent financial trade bodies on Tuesday said new cyber security rules in China could make it harder for foreign companies operating in the country…
China Inc.’s Investment Bank Dives Into Troubled Retail Market
China International Capital Corp., the investment bank ex-Premier Zhu Rongji set up two decades ago to help restructure the Chinese economy, is again taking on a role that fits with the government’s agenda. CICC’s $2.5…
China exports down 7.3% from a year ago
China’s exports fell again in October in a fresh sign that weak global demand is complicating efforts by Beijing leaders to shore up economic growth and reduce reliance on trade and investment. Exports contracted by…
While world watches the U.S. election, China unveils three major decisions within three minutes
Lou had overseen a restructuring of local-government finances that helped cut the cost of a record accumulation of debt by cities and provinces after the global financial crisis. Sotheby’s signs deal with ‘Zillow of China’,…
China's October exports fall in new sign of global weakness
BEIJING — China’s exports fell again in October in a fresh sign of weak global demand that is complicating efforts by Beijing leaders to shore up economic growth and reduce reliance on trade and investment.…
China’s New Finance Minister Faces a Juggling Act
China’s new finance minister Xiao Jie inherits from his reformist … to reduce the cost of a record amount of debt run up by provinces after the global financial crisis. But his plans to clamp…
Financial risk may be China's gift to next president
Back in 2008, incoming President Barack Obama inherited a US financial crisis that was to some degree made in China. The next US president may well confront a Chinese financial crunch with its origins in…
AgBank fine shows China banks still flunking compliance test
BEIJING (Reuters) – Last week’s $215 million (173 million pound) fine for Agricultural Bank of China Ltd (AgBank), the third big Chinese bank disciplined by U.S. regulators in 16 months, shows Chinese lenders still falling…
China bars two Hong Kong lawmakers from office
BEIJING – 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…
China adopts cyber security law in face of overseas opposition
Overseas critics of the law say it threatens to shut foreign technology companies out of various sectors deemed “critical”, and includes contentious requirements for security reviews and for data to be stored on servers in…
