But he has no experience fighting the bureaucratic battles the post can require. (AP Photo/Markus Schreiber, File) BEIJING/March 18, 2018 (AP)(STL.News) —China’s next economy czar is a Harvard-trained supporter of free markets who is President…
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China’s next economic czar: Harvard-trained Xi adviser
Exclusive: Regulator shopping in vogue as China’s shadow banks evade Beijing’s grip
SHANGHAI/BEIJING (Reuters) – Some of China’s biggest shadow banking groups are shopping for regulators in far-flung regions to help pass deals unlikely to be approved by more savvy regulators closer to home, according to multiple…
IPO arrow on regulator’s bowstring
The stock started trading at $92.70 straightaway. Nearly four years after the IPO, Alibaba’s stock price has increased by more than 190 percent. What about investors in China where Alibaba earns most of its revenues…
Beijing city guide: what to see and where to stay in the Chinese capital
China’s capital is full of history – from the unmarked spot on Tiananmen square (see marker 1 on map, below) where a protester faced down military tanks, to its 14th-century imperial palaces. But Beijing is…
China promoting foreign minister as state councilor
Wei Fenghe, who already sits on the Central Military Commission which runs China’s armed forces, has been nominated for defense minister, while Chen Wenqing will retain his job as minister of state security. The list…
‘Technology’ is buzzword for manufacturers
They are part of the country’s broader push to marshal its high-end manufacturing power, as the world’s second-largest economy scrambles to embrace technology and upgrade its sprawling industries. With significant progress already made, China will…
U.S. tariffs, China trade tensions overshadow G20 finance meeting
Buenos Aires (Reuters) – Worries about the potential for a U.S.-China trade war and frustration over U.S. President Donald Trump’s steel and aluminum tariffs threatened to dominate a gathering of finance leaders this week amid…
Sunlands Online Education Updates U.S. IPO Terms
Sunlands Online Education has filed proposed terms for its upcoming U.S. IPO. The Beijing-based firm provides post-secondary and professional educational services. The IPO isn’t cheap and management hasn’t shown a path to profitability. Quick Take…
Property investments in China grow amid slow sales
Real estate investment is on the bound in mainland China but property sales growth seems to have continued its yearly losing streak. Property investment in China jumped 9.9 percent in the first two months of…
China’s propaganda machine kicks into overdrive after Xi Jinping’s re-election
BEIJING, March 18 (Reuters) – With pictures of ecstatic citizens standing in applause, tearful legislators and even a social media game, China‘s propaganda drive has kicked into high gear following Xi Jinping‘s unanimous reappointment as…
Xi’s trusted ‘firefighter’ lieutenant becomes China’s vice president
China’s relationship with the United States is likely to be … Protocol at major political events, including seating arrangements and the order in which leaders are shown in state news bulletins, are tightly choreographed to…
US ready to start $30bn trade war with China over intellectual property theft
The dust has yet to settle on President Donald Trump’s decision to impose sweeping tariffs on steel and aluminum imports, but the White House is preparing another major trade measure, this time aimed squarely at…
In Five Years China Has Resolved 190,000 IPR Violation Cases
A total of 190,000 cases related to infringement of intellectual property rights (IPR) were handled in the past five years in China, an average annual increase of 40 percent, Shen Changyu, director of the State…
