China opposes the latest so-called “Special 301 Report on Intellectual Property Rights” issued by the Office of the United States Trade Representative, the Ministry of Commerce said on Saturday. The ministry’s announcement came after the…
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China opposes US ‘Special 301 Report’ on intellectual property
China’s Hollywood romance sours amid trade war, debt fears
China’s Huahua Media and the state-backed Shanghai Film Group in November scrapped a $1 billion agreement to co-finance a slate of films from Paramount Pictures. In February, NBCUniversal sold out of Oriental DreamWorks, its much-hyped…
US B-52s flew close to China in what may been a message to Beijing about Taiwan — but China says it will not work
US bombers flew over the South China Sea on Tuesday, amid Chinese military exercises around Taiwan. The flight may have been meant as a message to China. But China has responded forcefully, saying it has…
In remote China, a high-tech auto plant flags global challenge
A three-hour drive from the Chinese capital Beijing, the Lynk & Co plant in Zhangjiakou combines technology and manufacturing know-how from the Geely and Volvo Cars units of China auto giant Zhejiang Geely Holding Group…
China’s Big Five banks log fastest first-quarter profit growth in four years
On Friday, Agricultural Bank of China Ltd (AgBank), reported a 5.43 percent rise in first-quarter net profit, while the country’s largest bank, Industrial and Commercial Bank of China Ltd (ICBC), said its net profit grew…
China tightens rules on non-financial firms investing in financial institutions
BEIJING (Reuters) – China’s central bank and financial regulators have issued guidelines to strengthen supervision on non-financial companies investing in financial institutions. China will strictly restrict irrational and blind investment in financial … ( read…
China regulator: will implement financial market opening measures as soon as possible
BEIJING (Reuters) – China’s banking and insurance regulator said on Friday it would implement financial market opening measures as soon as possible. China has laid out a clearer timetable for opening its financial sector to…
China’s April manufacturing growth seen ebbing slightly, trade war a risk
Risks to growth, however, have risen in the wake of the U.S.-China trade dispute. While analysts say it is too early to gauge the potential fallout of the tariff standoff with the United States, a…
Exclusive: U.S. considers tightening grip on China ties to Corporate America
For a company like Nvidia, which gets a fifth of its business from China, the giveaway was business as usual. It has several arrangements to train local scientists and develop technologies there that rely on…
Vessel Carrying U.S. Sorghum Heads to China Even After Beijing Tariff-Eikon Data
BEIJING — A vessel carrying 68,915 tonnes of sorghum from the United States switched its destination to Nansha port in southern China on Friday from Singapore, even after Beijing China’s move to impose hefty deposits…
Huawei banking on financial digitalization for faster growth
one of the top telecom equipment suppliers in China, is banking on its efforts in promoting digital transformation for firms in the financial and other industries, to achieve a “much faster” year-on-year growth in its…
China Cracks Down On Banks’ Risky Lending Practices
Two unnamed sources told the publication that the nation’s financial regulator, the China Banking and Insurance Regulatory Commission (CBIRC), have deployed teams from local branches to commercial banks. Officials will stay at those branches and…
China’s biggest tech companies have reason to be worried
two of China’s biggest tech companies. That’s left many to wonder: Will big names like Alibaba, Tencent and Lenovo be next? “If things continue as they have been, all bets are off,” said Samm Sacks,…
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