BEIJING — China’s foreign ministry said Wednesday that it welcomes a planned visit by U.S. Treasury Secretary Steve Mnuchin to Beijing next week amid trade tensions between the world’s two largest economies. Foreign ministry spokesman…
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The 2026 APEC Economic Leaders’ Meeting will be held in Shenzhen
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China says it welcomes visit by U.S. officials amid trade spat
Chinese traffic police use big brother-style surveillance cameras to identify drivers with advanced facial recognition technology
Traffic police in China will implement facial recognition technology to identify drivers that violate road rules. From next Monday, police in Shenzhen, a city in south-east China, will implement 40 sets of surveillance cameras dubbed…
China’s financial watchdog begins inspections of banks’ risky lending: sources
BEIJING/SHANGHAI (Reuters) – China’s financial regulator has launched a nationwide inspection of banks’ risky business practices, focusing on consumer loans and real estate lending in regions with high levels of household debt, two sources with…
China’s macroeconomy in the ‘new era’ of politics and power
Under his insistence, The segregation supervision pattern of the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission was established, meaning financial institutions would be split … ( read…
Top US admiral says China now capable of controlling South China Sea
“China’s impressive military buildup could soon challenge the … posed the idea of moving the top U.S. military commander in the Pacific to South Korea, news.com.au reported. Australia’s Foreign Minister Julie Bishop confirmed the news…
China invites overseas investors to propel local chip ambitions
BEIJING (Reuters) – China is looking for billions of dollars in funds to propel its domestic ambitions in chips to cut a heavy reliance on imports, and has invited overseas investors to help it get…
Greenland ruling party has most votes in election tracked by Canadian mining firms, China
Greenland, a part of the Kingdom of Denmark but with self-rule since 2009, relies on fishing and annual grants from Denmark. China unveils plans for a ‘Polar Silk Road’ across the Arctic Analysis What does…
‘Small-town kids’ shape future of China’s consumption
with half of them likely to be located outside China’s top 100 cities, according to a report by The Boston Consulting Group and AliResearch, a unit of the e-commerce giant Alibaba (NYSE:BABA – News). That…
China stocks end lower; property, energy shares weigh
SHANGHAI, April 25 (Reuters) – China stocks closed down on Wednesday as gains in healthcare firms were offset by losses in real estate and energy shares. ** Sentiment was also curbed by losses on the…
Keysight assists China Mobile to develop 5G technologies
Test and measurement company Keysight Technologies announced its partnership with China Mobile Communications to develop 5G technologies. China Mobile, the largest telecom operator, will rely on Keysight, the leading T&M supplier, to perform 5G Radio…
China Minsheng Financial cooperates with the world’s leading investment platform eToro in innovation of financial technology
Both companies aim to jointly build an ecosystem where blockchain technology can be applied in financial services, taking the strategic development of Group’s fintech to a whole new level HONG KONG, April 25, 2018 /PRNewswire/…
China’s Xiaomi promises to cap hardware income margin ahead of IPO
BEIJING (Reuters) – Chinese smartphone and smart device maker … as it looks to position itself as an internet services provider ahead of a highly-anticipated IPO. Xiaomi – which makes dozens of internet-connected products including…
Global banks fear China will limit JV control through new rules
HONG KONG/SHANGHAI (Reuters) – Western banks are seeking clarification from China’s securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about high asset value requirements and limits to…
