Unveiling the plans at the National People’s Conference (NPC), called the China Manufacturing 2025, the new direction has sent alarm bells ringing in Brussels. The economic superpower is attempting to create national champions in 10…
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China sparks fear in EU as Beijing pushes to gain control of technology sector
China's banks to see slower asset growth this year: Zheshang chairman
said the chairman of China Zheshang Bank Co, one of the fastest-growing listed Chinese lenders. Shen Renkang estimated asset growth for China’s 21 national banks will be less than 10 percent this year, compared to…
Beijing broadcasts a bold new image: China unapologetic, interventionist, statesmanlike, and streamed live on YouTube
China has no ambition to take over the mantle of leadership from the U.S., its foreign minister says. But Beijing is boldly positioning itself as mediator and problem-solver to the world’s most insoluble problems, abandoning…
China will fend off risks in property market: land minister
BEIJING China will curb speculative land purchases as it looks to fend off risks in the property market, land minister Jiang Daming said on Wednesday. City governments will be required to publish medium-term residential land-use…
China's Industry Plan Hit by Fears of Wrongful Investments, Tech Thefts
China is trying to implement an ambitious “Made in China, 2025” plan to upgrade technology and product quality in a desperate move to battle rising pollution and falling exports. It is seeking the best technologies…
U.S. Fines ZTE of China $1.19 Billion for Breaching Sanctions
HONG KONG — As one of China’s few truly international technology companies, ZTE is often held up by Beijing as part of a new generation of firms that is able to compete beyond Chinese borders.…
China Mobile, the GSMA and Huawei announce partnership to build assessment framework for achieving carrier-grade NFV reliability
China Mobile, the GSMA and Huawei announced at the Mobile World Congress in Barcelona that they are working together on a joint project to build an assessment framework for achieving carrier-grade Network Functions Virtualization (NFV)…
It May Be Another Record Year in China for Fintech, Accenture Says
The country’s financial-services giants will probably ramp up investments in areas including artificial intelligence, blockchain, so-called big data and cyber-security to improve their product offerings, Albert Chan, managing director of China financial … ( read…
China focuses on risk control as economy firms
China has moved to channel more energy into risk control in its financial sector after the slowing economy showed more signs of warming due to pro-growth measures.[Special coverage] The government work report delivered by Premier…
Sensing U.S. weakness, China casts itself as fixer of global problems
China has no ambition to take over the mantle of leadership from the United States, its Foreign Minister says. But Beijing is boldly positioning itself as mediator and problem-solver to the world’s most insoluble problems,…
Beijing to avoid radical coal shift after 2016 turmoil
BEIJING China will not force coal mines to cut output on a large scale if prices remain stable, the government said on Tuesday, a sign Beijing may try to avoid radical policy shifts after the…
China calls on N Korea to suspend missile and nuclear tests
China has said its radar capabilities go far beyond what is required for defence and represents an encroachment of US military power and that it will “resolutely take necessary measures to defend our own security…
China grants preliminary approval to 38 new Trump trademarks
SHANGHAI – China has granted preliminary approval for 38 new Trump trademarks, fueling conflict of interest concerns and questions about whether U.S. President Donald Trump is receiving special treatment from the Chinese government. The trademarks…