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…
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Shadow Lending Threatens China’s Economy, Officials Warn
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…
It's time China and EU lifted all digital barriers
Mobile phone users in China will not have to pay roaming charges while travelling within the Chinese mainland from October and people in European Union member countries will start enjoying the same concession within the…
China: 373 million rural residents used mobile banking in 2016
Mobile banking posted the fastest growth among non-traditional payment methods in rural China, with online banking stagnant and telephone banking falling significantly. About 373 million rural residents in China made payments totalling to USD 3.4…
Look for Shares of China Mobile to Potentially Pullback after Yesterday's 1.31% Rise
China Mobile (NYSE:CHL) traded in a range yesterday that spanned from a low of $55.91 to a high of $56.30. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of…
China’s online retailer Alibaba is spending a lot of money on mobile gaming
The best way to stay connected to the Android pulse. Our main newsletter is the Android Weekly which is sent every Sunday and contains all the top Android news, reviews and features from the past…
Beijing to expand funding for reducing air pollution
The municipal government plans to spend up to 18.2 billion yuan ($2.6 billion) this year on stronger pollution-control measures, the Beijing Finance Bureau said. In 2014, the special allocation for air pollution was 12.9 billion…
Saudi Arabia Wants China To Invest In Aramco IPO, A Good But Dangerous Idea
Saudi Arabia wants Chinese wealth funds and state oil companies to take a stake in the Aramco IPO, with King Salman traveling to Beijing to make the pitch. That’s according to a recent Bloomberg report,…
China-Tech IPOs Eyed as Potential Money-Earner for Global Banks
Global banks are hoping to take in huge sums of money from China tech startups that are expected to make their initial public offering (IPO) in the next few years, according to an article in…
North Korea, South China Sea on Tillerson agenda in Beijing
BEIJING (AP) — U.S. Secretary of State Rex Tillerson arrived in Beijing on Saturday for his first face-to-face talks with Chinese leaders expected to focus on North Korea’s nuclear program, trade and South China Sea…
China Is Lashing Out at South Korean Brands; Here's What Marketers Should Know
In a video circulating in China this week, a man attacks an LG washing machine with a sledgehammer until it crumbles and topples over. Next, he moves on to an LG TV set, smashing that…
China Unicom Soars After Slashing Capex: Dividends?
China Unicom (762.Hong Kong/CHU) soared 4.4% after reporting its full-year results. In 2016, net profit at China Unicom tumbled 94% from a year ago, in line with the company’s profit warning announced on January 26.…
