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…
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China’s New Central Banker Is Just as Important as the Fed’s
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…
Beijing has the most young early birds
More than 60 percent of people born in 1990s do not get enough sleep, with those living in Beijing among those waking up earliest, a survey shows. Chinese Medical Doctor Association’s sleep medicine specialized committee…
China elects new economic team as President Xi kicks off second term
With Yi’s background and his reputation of being pro-reform, his nomination would be good news for foreign investors, Xie also said. Zhou, 70, who is China’s longest-running central bank head, having taken the job in…
China forms new economic team as President Xi kicks off second term
With Yi’s background and his reputation of being pro-reform, his nomination would be good news for foreign investors, Xie said. Zhou, 70, who is China’s longest-running central bank head, having taken the job in 2002,…
Relationship goals: Ford tries to rebuild trust with China partners
In an effort to improve relations and reverse a recent sales slump, Ford is preparing for a new product blitz and a campaign to localize management in China, according to Peter Fleet, head of Ford’s…
China names former missile force commander defense minister
BEIJING – China has appointed a former missile force commander as its new defense minister. Lt. Gen. Wei Fenghe’s naming as the international face of China’s rapid military modernization was among a series of appointments…
