Beijing has been smothered by a wall of smog and sand drifting in from the Gobi Desert, further spotlighting the need for the Chinese “war on pollution”. Residents wore face masks to protect themselves from…
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Beijing again covered in smog and sand as pollution worsens
Ex-China Unicom chairman Chang Xiaobing admits corruption
Chang Xiaobing, (pictured), former chairman of state-owned China Telecom, who went on trial today charged with taking bribes admitted his crimes, Xinhua reported. He will be sentenced at a later date. Prosecutors accused Chang of…
China’s Minsheng Bank sees investor trust vanish – along with 3b yuan
They also visited the China Banking Regulatory Commission and its Beijing subsidiary, as well as the headquarters of Minsheng Bank, and the China Securities Regulatory Commission. However, no clear answers have been given to them…
Shadow banking makes a surprise return to China
… are turning to murky and risky deals because they cannot obtain financing through regular bank loans or bonds, analysts said. This could undermine Beijing’s efforts to root out financial risks later this year when…
China March outbound direct investment slumps 30.1 percent as capital curbs bite
BEIJING China’s non-financial outbound direct investment (ODI) slumped 30.1 percent in March from a year earlier as authorities kept a tight grip on capital outflows to help support the yuan currency and safeguard the country’s…
Commentary: Chinese financial regulation bids farewell to soft constraints
Along with rapid growth in recent years, China’s financial sector has been exposed to various risks — illegal lending, insider trading in the securities market and fraud by insurance companies — that imperil financial market…
Alexandre Pato keeps a low profile in Beijing after Tianjin Quanjian striker bags first Chinese Super League goal
New Tianjin Quanjian signing Alexandre Pato kept a low profile as he made his way through Beijing South Railway Station on Monday morning. The forward has struggled during his first few weeks at the club…
China pleads for calm after North Korea says U.S. is bringing them to the brink of thermonuclear war
China has called for a return to multi-sided talks that ended … However, North Korea didn’t respond to Wu’s request to visit Pyongyang, according to South Korea’s Yonhap news agency. ( read original story …)
China's man on North Korea crisis cools heels in Beijing
SEOUL/BEIJING The travels and travails of China’s veteran point man on North Korea underscore … But Wu had not been able to confirm plans to visit North Korea, South Korea’s Yonhap news agency quoted a…
China defends N. Korea trade after its trucks haul missiles
“China has been performing its international obligations strictly … to a 2015 report for the European Union Institute for Security Studies. Associated Press news assistant Yu Bing contributed to this report. ( read original story…
China, Russia send ships after U.S. aircraft carrier
China and Russia have dispatched intelligence-gathering vessels from their navies to chase the USS Carl Vinson nuclear-powered aircraft carrier, which is heading toward waters near the Korean Peninsula, multiple sources of the Japanese government revealed…
Business group: China backtracking on market opening
SHANGHAI (AP) — An American business group says China’s push to develop its own technology and other industries has “narrowed the space” for foreign companies to compete in its market. In a report released Tuesday,…
U.S. business group urges Washington to ‘use every arrow’ against China
Nonetheless, more vociferous complaints by American businesses mark a shift from years past, when many companies eschewed the idea of forceful action by Washington for fear of retribution by China. Foreign technology companies fear what…
