A teller counts money at a bank in Taiyuan, capital of North China’s Shanxi province. [Photo/China News Service] BEIJING – When China’s top leaders emphasized efforts to control financial risks last year, few expected policymakers…
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China sets guidelines for fentanyl-related crimes prior to Trump-Xi summit
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Recent Posts
Curbing financial risks still a priority for China
One Target in Beijing’s Migrant Crackdown: Schoolchildren
BEIJING — Ding Fei, a truck driver from rural China, was thrilled to find a school in a crowded migrant neighborhood where his 7-year-old daughter might flourish. Finally, he thought, she could learn to read…
China launches world’s largest amphibious aircraft with an eye on South China Sea
“Its successful maiden flight makes China among the world’s few countries capable of developing a large amphibious aircraft,” chief designer Huang Lingcai told Xinhua state news agency. The aircraft has military applications but will also…
World’s largest amphibious aircraft makes maiden flight in China
BEIJING (Reuters) – China’s domestically developed AG600, the world’s largest amphibious aircraft, performed its maiden flight on Sunday from an airport on the shores of the South China Sea, the latest step in a military…
China Needs Long-Arm Jurisdiction in Financial Regulation, Forex Official Says
Licensing and exercising authority over foreign financial players doing business in China are critical to reducing risk of fraud amid the boom of internet finance, a senior official from the country’s top foreign exchange regulator…
Official Says Chinese Finance Suitable for Petrochem Projects
Asgaroladi said that after the lifting of international economic restrictions in early 2016, the central banks of Iran and China took measures to boost financial and banking relations and ease China’s investment in the country.…
‘China Hustle’ Documentary Claims Chinese Companies Are Deceiving American Investors
In March, a new documentary from the producers of “Enron: The Smartest Guys In The Room” claims it will shed some light on one of the largest financial frauds in the world. Jed Rothstein, director…
China approves four IPO applications
BEIJING – The Chinese securities regulator has approved four new IPO applications, which will raise up to 5.8 billion yuan (about 881 million U.S. dollars) in the A-share market. Two companies will be listed on…
In ‘China’s Jerusalem’, Christians say faith trumps official Sunday School ban
Christian news site World Watch Monitor reported in September. Sources spoken to by Reuters were unaware if the policy was a local government initiative or centrally mandated. They also did not know of any similar…
China Unicom announces the World’s top 4G download speed
The infamous Chinese Carrier, the China Unicom took the wraps of today to announce that they successfully achieved the world’s fastest download speed through a 4G connection. According to the company, the 1,2Gbps speed reached…
China’s trade with North Korea edges up in November
Beijing/Shanghai: China’s trade with North Korea edged up to $388 million (Dh1.4 billion) in November but remained around its lowest levels this year, data showed on Saturday, as tough sanctions continue to slow business with…
Beijing property prices remain stable
BEIJING, Dec. 23 (Xinhua) — Property market in Beijing held steady in November with … fourth plenary session of the 12th Beijing committee of the Communist Party of China (CPC). According to the research arm…
Banking Regulator Eyes Overlooked Trust Product
China’s banking regulator has decided to extend its oversight to a so-far overlooked type of trust product in an attempt to further clamp down on financial risks stemming from the business that banks and trusts…