BEIJING — Chinese President Xi Jinping struck a strongly nationalistic tone in his closing address Tuesday to the annual session of the ceremonial parliament, saying China would never allow “one inch” of territory to be…
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China’s Xi strikes nationalistic tone in parliament address
New GSMA Report Highlights Development of Mobile IoT Networks and Applications Across Greater China Regions
China Mobile, China Telecom, Chunghwa Telecom, Huawei and ZTE Showcase How Mobile IoT is Helping to Deliver Everything From Smart Cities to Smart Metering Hong Kong: The GSMA today issued a new report, ‘Mobile Internet…
FilMart: Chinese Film Investor Er Dong Seeks IPO
Capitalizing on its overnight success, fast-rising Beijing-based film investor … He did not disclose either a date for the anticipated IPO, not the amount of new capital it would seek to raise form the share…
Beijing’s ban on gatherings of foreigners in restaurants raises eyebrows, and questions
The pride of foreigners living in Beijing has been injured by the prejudiced policy of restricting foreign entry to certain bars and eateries for the duration of the National People’s Congress in Beijing. The question…
Yi Gang Picked to Take Helm of People’s Bank of China
BEIJING—President Xi Jinping has picked an American-trained economist known for pushing pro-market overhauls to run the central bank, according to people with knowledge of the matter, adding to an economic team strong on proponents of…
China’s New Central Banker Is Just as Important as the Fed’s
The announcement on Monday of Yi Gang as the new governor of the People’s Bank of China, China’s central bank, received somewhat less notice. The world should pay more attention. This choice is as important…
Beijing Shortens Business License Application from 22 Days to 5 Days
The Beijing Municipal Administration will shorten the application process of business licensing documents. Listen to this BEIJING, NNC – Beijing Municipal Government will shorten the process of application for business licensing documents to create a…
Welcome to the US-China technology war, which could affect us greatly
In Washington three events transpired last week to affirm the US-China power struggle is escalating. Though all were notable, one incident was most significant and revealing. It wasn’t the hawkish Mike Pompeo replacing the mild-mannered…
China unveils brand new Cabinet to run revamped govt under Xi Jinping
BEIJING: Chinese Premier Li Keqiang on Monday unveiled his new Cabinet as part of the government’s efforts to stabilise the world’s second largest economy and appointed a missile expert as the defence minister amidst regional…
Premium brands bank of Chinese market to boost flagging global demand
[Photo provided to China Daily] International premium automakers are banking on Chinese customers to boost flagging sales, devoting their latest sports utility vehicle offerings to the world’s largest car market. As a result, international manufacturers…
China appoints U.S.-trained central banker
“China is facing new challenges and the room for growth is smaller … Before joining the People’s Bank in 1997, Yi also taught at Indiana University. He also has a degree in business administration from…
Yi Gang named head of People’s Bank of China
His appointment is being seen as an attempt to ensure continuity at the bank as Beijing continues to try and rein in growing debt and limit risky financial practices. He will take over a central…
China opts for policy continuity in new central bank chief
BEIJING (Reuters) – The appointment of central bank insider Yi Gang as the new People’s Bank of China governor signals continuity in policymaking, even as Yi is expected to have less room than his predecessor…
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