BEIJING China added a pledge to contain the country’s fast-rising home prices to its annual work report on Thursday, as a red-hot property market resists cooling measures and purchase restrictions spread out from the biggest…
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China pledges to contain home prices as property market defies curbs
China Kicks Property Tax to the Curb—For Now
BEIJING—This year it seemed China was finally going to make headway on an idea familiar to U.S. homeowners: a property tax. For many Chinese families, owning a home is one of few options to build…
China to US: Be 'cool-headed' on North Korea
However, on Saturday Tillerson didn’t rule out negotations altogether: He said he would work with China to “bring North Korea to a different place where we are hopeful we can begin a dialogue.” RELATED: Tillerson…
China bad loan risks under control: banking regulator vice chairman
BEIJING The performance of China’s banking sector this year has been “so far, so good”, Wang Zhaoxing, vice chairman of China’s bank regulator, said on Saturday as banks take aggressive action to control the rise…
China accused by Taiwan of stepping up spy operations
China is accused of increasing its secret operations in Taiwan … nation’s biggest enemy gives one cold shivers,” read an editorial in the English-language Taiwan News. Annette Lu said the bodyguard was one of about…
'Global powerhouse' business competition with ties to China now in Toronto
An international business competition known as the “Global Olympics of Innovation” is in Toronto for the first time this weekend. Toronto is hosting a regional round of the the China (Shenzhen) Innovation and Entrepreneurship International…
China: WeiyengX Fintech Review
Last Friday, the People’s Bank of China briefed media on China’s financial reform and developments on the sidelines of the Two Sessions in Beijing. Officials attending the press conference included: Zhou Xiaochuan: Governor of the…
China's Ant confident of closing MoneyGram deal: executive
Ant, which dominates China’s online payment market but has been ramping up … So I would expect to see some other partnerships this year,” Feagin said. Ant Financial is currently in talks with Indonesian media…
'Global powerhouse' competition with ties to China now in Toronto
An international business competition known as the “Global Olympics of Innovation” is in Toronto for the first time this weekend. Toronto is hosting a regional round of the the China (Shenzhen) Innovation and Entrepreneurship International…
UPDATE 2-China Unicom posts lower annual profit, tough 2017 looms
HONG KONG, March 15 State-owned China Unicom Hong Kong Ltd on Wednesday reported a drop in revenue and profit for 2016, and is bracing for further challenges this year as the Beijing government calls on…
Shadow Lending Threatens China’s Economy, Officials Warn
BEIJING — The chairman of China’s biggest bank and a senior Chinese insurance regulator issued strong warnings on Saturday about the dangers of shadow banking to the Chinese economy, in the latest signs of growing…
Business leaders share views on forum
During the 13th Five-Year Plan (2016-20), China is emphasizing supply-side reform and long-term prosperity brought about by economic restructuring. With the annual China Development Forum that kicks off in Beijing on Saturday, senior executives of…
In Beijing, Tillerson urges China-U.S. cooperation on North Korea
BEIJING — U.S. Secretary of State Rex Tillerson on Saturday pushed for closer China-U.S. cooperation on dealing with North Korea’s nuclear program in his first face-to-face talks with top Chinese diplomats. Tillerson’s visit to Beijing…
