BEIJING — Japan’s foreign minister says China and Japan have the opportunity to “take charge of the economic field” during a time of worldwide uncertainty. Taro Kono met with Chinese Foreign Minister … ( read…
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Scott Bessent says Olympic skier Eileen Gu ‘sold out’ with decision to compete for China
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China, Japan tout ‘recovered’ ties amid global uncertainty
China Mobile makes first 5G phone call in Beijing
Chinese telecom giant China Mobile has tested its first 5G-based phone call in Beijing, reports the Xinhua News Agency. The test call came after the latest update of the company’s previous 4G networks … (…
China to Maintain Prudent Monetary Policy, PBOC’s Chen Says
China will maintain a prudent monetary policy … stable,” Chen said a statement to the International Monetary and Financial Committee, which was posted on the IMF’s website. ( read original story …)
First crude oil shipment of the year bound for China has left Vancouver
The first B.C. shipment of Alberta crude oil to China in 2019 is on its way. The tanker Erik Spirit left Burnaby’s Westridge Terminal (the end point of the Trans Mountain pipeline) on April 4…
Peak break: China adding ‘eco-friendly’ toilet on Mount Everest
The waste from the base camp is taken away daily and is provided to local farmers to use as fertiliser, the news agency reported in February … by an increasing number of climbers. In February,…
Italy’s finance minister says there is no backlash from the US after signing agreement with China
boost Beijing’s international influence and force developing nations to take on high debt burdens. Italy hasn’t suffered any negative reaction from U.S. authorities after having agreed to be part of … ( read original story…
China’s auto show highlights electric ambitions
Communist leaders are shifting the burden to automakers by imposing mandatory sales targets for electrics, adding to financial pressure on them amid … Automakers are looking to China, their biggest … ( read original story…
Beijing’s decade-old airport is at capacity. So China is building a giant second one.
BEIJING — Before the Beijing Olympics in 2008, the Chinese capital unveiled a new airport terminal that covered about 200 football fields in floor space, boasted a capacity of 50 million passengers a … (…
Mnuchin says hopes U.S.-China trade talks nearing ‘final round’
U.S. Treasury Secretary Steven Mnuchin said on Saturday a U.S.-China trade agreement would go “way beyond” previous efforts to open China’s markets to U.S. companies and hoped that the two sides were … ( read…
US wants World Bank to give more support to poorest nations
WASHINGTON – The World Bank, a major source of development lending, needs to make more progress in shifting its loans away from fast-growing economies such as China and devoting more support to the … (…
China’s ‘funds by phone’ culture leads the world
According to Oliver Wyman, the financial consultancy, assets under management at Chinese fund companies reached $7.4tn at the end of 2017, up from $1.6tn in 2012. It estimates that the amount will be … (…
China Data Not Enough to Rescue Stocks From Worst Week of 2019
Looking ahead, traders will want to see how the People’s Bank of China reacts to a $54.6 billion wall of maturing loans next week. The central bank hasn’t injected cash into the financial system for…
China’s JD.com boss criticizes ‘slackers’ as company makes cuts
he added The term he used, which is commonly translated in China as “slackers” can be … where too many people and too many business leaders or department leaders have been laid off. ( read…
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