SHANGHAI (Reuters) – China’s private fund managers are facing an employee exodus and some are closing as Beijing’s clampdown on leverage and financial risk claims more scalps. Once a booming industry – capital grew by…
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China’s private funds face employee exodus, business scramble as rules bite
China Mobile partners with EXFO to conduct verification tests on its network for IoT
China Mobile Communications Corporation (CMCC) has successfully concluded a performance verification test for the core networks from 4 major vendors, with support from EXFO Inc. The Canada-based network test, monitoring and analytics experts … (…
Germany’s Daimler issues ‘full apology’ to China over Dalai Lama
Instagram is blocked in China, but the post was reposted by Chinese internet users, causing a commotion. The official Chinese news agency, Xinhua, said the German carmaker had written to China’s ambassador to Germany expressing…
China’s global imports soar, trade surplus with US narrows
The figure is roughly equal to the trade surplus China posted with the US in the same period last year. The falling surplus is good news for Beijing, which has been under attack by US…
Exclusive: Uighur Thai jail escapees detained in Malaysia and China wants them back – sources
In September, deputy prime minister Ahmad Zahid Hamidi said Malaysia had since 2011 arrested 29 Uighur “militants” involved with Islamic State and deported them to China, Malaysian state news agency Bernama reported. In 2014, Malaysia…
Cave-in at south China subway construction site kills 8
BEIJING — A cave-in at a subway line construction site in southern China killed eight people and left three others missing, authorities said Thursday. The municipal government in Foshan said the collapse occurred at 8:40…
China’s regulators ask financial institutions to check local govt debt – sources
SHANGHAI, Feb 8 (Reuters) – Chinese authorities in the southwestern province of Sichuan have asked financial institutions to conduct self-inspections on their financing of local governments, said two people with direct knowledge of the matter.…
China’s import machine roars back to life in January; exports also beat forecasts
BEIJING (Reuters) – China’s trade machine kicked up a gear in January after stumbling the previous month, with exports and imports both growing much more than expected, pointing to a strong start to the year…
At least 8 dead in construction site collapse in China
Authorities in southern China say eight people have died and three are missing in a cave-in at a subway line construction site. The municipal government in Foshan said the collapse occurred at 8:40 p.m. Wednesday…
MRI Version X Property Management Software Receives China Electronics Standardization Institute (CESI) Certification
Certification Automates Mandatory Accounting Audit Filings for Real Estate Organizations in China and Facilitates Expansion of Multinational Companies into China SOLON, Ohio, Feb. 8, 2018 /PRNewswire/ — MRI Software, a global leader in real estate…
Is the Vatican about to abandon Roman Catholics in China?
It should be a matter of concern to everyone—not just Roman Catholics– that Pope Francis I is considering an agreement with Beijing that would give the Chinese Communist Party (CCP) effective control over all Roman…
In China, these facial-recognition glasses are helping police to catch criminals
Officers stationed at the Zhengzhou East high-speed rail station in Henan province started using the smart glasses at the beginning of the “chunyun” period, the China News Service reported. Chunyun, directly translated as “spring transport”,…
Inside the hi-tech megafarms transforming China’s pork production
Surrounded by mountains in a remote part of southwestern China, Xinguangan’s first large-scale, modern pig farm is getting ready to produce its first offspring. By the end of the year, 10,000 sows will live inside…