BEIJING (Reuters) – China’s central bank on Monday took steps to lower the cost of hedging the yuan as capital outflows ease and the currency strengthens, suggesting authorities are anxious to quash one way bets…
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China says US moves on computer chips and student visas ‘seriously violate’ tariffs truce
How world’s highest bridge in China compares to Golden Gate
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China central bank relaxes yuan hedging rules as currency strengthens, capital outflows ease
China studying timetable to end production and sales of ‘traditional energy vehicles’
BEIJING — China is joining France and Britain in announcing plans to end sales of gasoline and diesel cars. China’s industry ministry is developing a timetable to end production and sale of traditional fuel cars…
Toronto Documentary ‘China Hustle’ Probes Financial Misdeeds, Swipes at Alibaba
“The China Hustle,” a feature documentary that premiered at the Toronto Intl. Film Festival on Friday, suggests that e-commerce and entertainment giant Alibaba is ripe for investigation alongside smaller Chinese companies accused of deceiving investors…
China steps up building science and tech power
China has made a series of achievements in science and technology over the past month as the country quickens its pace in becoming a leading science and tech power by the middle of the century.…
China poses threat to global financial stability: QNB
Weighed by its mounting debt, China is posing one of the biggest risks to global financial stability. Though it seems there is no imminent crisis, the threat of a financial crisis from China would be…
China studying when to ban sales of traditional fuel cars: Xinhua
BEIJING (Reuters) – China has begun studying when to ban the production and sale of cars using traditional fuels, the official Xinhua news agency reported, citing comments by the vice industry minister, who predicted “turbulent…
China’s ever-tighter web controls jolt companies, scientists
If that percentage holds for China’s total online population of 731 million … Twitter and YouTube, as well as news outlets and human rights groups. In the latest crackdown, regulators say only government-authorized VPNs will…
China looks at ending sales of gasoline cars
China is joining France and Britain in announcing plans to end … to stop production and sales of traditional energy vehicles,” according to the Xinhua News Agency and the Communist Party newspaper People’s Daily. France…
Trust issues? China targets a $3 trillion shadow banking industry
SHANGHAI (Reuters) – As a flood of unregulated cash swirls through the Chinese economy, Beijing has been taking aim at the trust companies whose unrestrained lending practices are worrying regulators. The trusts, at the heart…
China stocks fall as banking, resources firms take a breather
Shanghai: China stocks fell on Thursday, as profit taking in resource shares following their recent rally and weakness in the banking sector offset strong gains in real estate companies. The blue-chip CSI300 index fell 0.5…
Bank of China’s 75 years in Australia highlights story of ‘resilience, friendship’
A man speaks on the phone outside the Bank of China head office building in Beijing, March 30, 2016. [Photo/VCG] For those on hand, the event signified a great deal more than the bank’s incredible…
7 Reasons Why China Banned ICOs
In a joint decree from seven financial regulators—including the People’s Bank of China, the Ministry of Industry and Information Technology, and the China Banking Regulatory Commission—state officials laid out their reasoning. The group said they…
China Everbright Bank Luxembourg Branch officially opens
China Everbright Bank (Europe) S.A. and China Everbright Bank Luxembourg Branch officially started their business operations on Friday. It was hailed by the bank as a crucial step in implementing the Belt and Road Initiative,…