The Asian Infrastructure Investment Bank (AIIB) was not created to finance China’s New Silk Road trade project nor does Beijing control its decision-making, the bank’s chief said on Monday. Speaking at an event in Brussels…
Featured Posts Title
Beijing’s ‘Red Lines’ Expose CCP’s Lack of Confidence: Analyst
US and China agree to extend trade truce through January 10, Bessent says
Sinner reportedly flying to Beijing this week, but the Vienna scenario has not gone away
Trump rolls out the red carpet for Xi despite US.-China tensions
EVs are driving Beijing’s trade war on the West
Sweden to moves China migration operations from Shanghai to Beijing
Humanoid robot stumbles at hurdle race during competition in Beijing
Recent Posts
China does not control AIIB, says bank chief
China’s fledgling hip-hop culture faces official crackdown
China Women’s News accused PG One of misogyny over his use of obscene language to describe women. The incident also seems to have triggered a crackdown on the entire music genre. A memo surfaced last…
EU, Sweden call for China to release detained publisher
On Tuesday, Swedish Minister for Foreign Affairs Margot Wallstrom said in a news release that China has given no clear explanation for Gui’s detention. Sweden has already summoned China’s ambassador in the Scandinavian country over…
Beijing’s population falls for first time in 20 years
(CNN)The population of Beijing fell for the first time in two decades, state media reported Wednesday, amid ongoing efforts by the city’s government to drive out migrant workers. Beijing’s population dropped by 0.1% in 2017,…
Chinese news outlets like to steal my stories — but they probably won’t take this one
Its failure has changed China” was again translated and published by major Chinese portals including Sina and NetEase , Beijing-based news and information content platform Jinri Toutiao, and technology news website cnBeta, which together generated…
China’s cryptocurrency crackdown cost bitcoin company BTCC tens of millions in revenue: ‘It was in the realm of our worst possibility’
China banned bitcoin exchanges at the end of 2017 … BTCC founder and CEO Bobby Lee told Business Insider: “We always knew it was a risk that the Chinese government would look unfavourably on bitcoin…
China’s method of business will ultimately beat out the US approach, CEO says
Chinese entrepreneurs are focused on their domestic market, but they will start looking abroad within the next five to 10 years, according to the chairman and CEO of venture capital firm Sinovation Ventures. When that…
China wants to make the chips that will add AI to any gadget
Computer chips are key to the success of AI, so China needs to develop its own hardware industry to become a real force in the technology (see “China’s AI Awakening”). The West shouldn’t fear China’s…
China tries to quell protests over failed investment scheme
Qianbao had as many as 200 million registered users, according to Chinese news reports. The founder, Zhang Xiaolei — dubbed “China’s most notorious swindler” by one newspaper — turned himself in Dec. 26 to Nanjing…
BRIEF-China Development Financial Holding unit disposes stake in Chipbond Technology for T$308.9 mln
* Says its unit CDIB Capital Group disposed 5 million shares of Chipbond Technology Corp, at the average price of about T$61.78 per share, for T$308.9 million in total ( read original story …)
Rogoff: China is the top candidate for being at the center of the next big financial crisis
Below is a new interview with Ken Rogoff, published in today’s issue of the Swiss Business newspaper Finanz und Wirtschaft by editor Christoph Gisiger. Excerpts from the interview re-printed with permission Get the entire 10-part…
Reform vital for China’s financial market to flourish
If China is to become a global powerhouse in the new era, an important indicator that cannot be bypassed is its international financial status. A great country should have an open and highly marketized financial…
Davos 2018: China vows to save world from 2008-like economic crash to avert chain reaction
the deputy chief of the China Regulatory Securities Commission and a key architect of policy, hit back at those he accused of trying to make money from a suspected crash. He said the Chinese banking…
