China’s overdependence on heavy industry and construction is not only an environmental hazard — it’s a massive financial risk. If there’s one certainty in China it’s this: Just when you think you have something figured…
Featured Posts Title
Beijing humanoid half-marathon winner breaks human world record
16th BJIFF Jury Press Conference held in Beijing
A humanoid robot sprints to victory in Beijing, beating the human half-marathon world record
Second humanoid robot half marathon opens in Beijing with over 100 teams; Honor ‘Lightning’ wins in 50 minutes, 26 seconds
Humanoid robots race past humans in Beijing half-marathon, showing rapid advances
Second humanoid robot half marathon opens in Beijing with over 100 teams; Honor ‘Lightning’ wins in 48 minutes, 19 seconds
How China’s military could learn vital lessons from war in Iran
Recent Posts
Analysis: How China’s shadow banking crackdown will help clear the skies
China central bank says detects no cases of ransomware infection
BEIJING China’s central bank said on Friday it had not detected any cases of infection by the recent global ransomware attack, but was monitoring the situation and would take timely and urgent action. In an…
How China is banking on infrastructure to become the next USA
The American obsession with President Donald Trump and the investigation into untoward Russian influence is distracting us from China’s bid to displace the US when it comes to global leadership. The latest major step is…
China's confused market strategy reveals old flaws
In February the normally soft-spoken Liu Shiyu, chairman of the China Securities Regulatory Commission, attacked financiers he called “giant crocodiles”. The next month Guo Shuqing, the newly appointed head of the bank watchdog, said he…
China Is Using the Yuan to Combat Risk of a Market Meltdown
After meeting expectations earlier in the year, the reference rate used by the People’s Bank of China to manage the yuan has come in stronger than the forecasts of four banks who regularly track the…
Banking regulators vow to eliminate secondary risks
BEIJING – To strike a balance between financial stability, gradual deleveraging and stable economic growth, China’s banking regulators have rolled out a slew of measures. Authorities have said the country will continue to implement a…
Chanos Says More Stresses Apparent at 'Loaned Up' Chinese Banks
Stresses in China’s banking system are becoming more apparent amid the mounting pile of credit extended by the nation’s lenders, according to Jim Chanos, the hedge fund manager who predicted the 2001 collapse of Enron…
China: Central bank establishes new fintech committee
THE People’s Bank of China has established a new fintech committee to study the impact of financial technology on monetary policy, financial markets, payment and clearing mechanisms. The bank announced the plans on Monday, saying…
China, Japan extract 'combustible ice' from seafloor
The official Chinese news agency Xinhua reported that the fuel was successfully mined by a drilling rig operating in the South China Sea on Thursday. Chinese Minister of Land and Resources Jiang Daming declared the…
China Mobile 4G subscriber base reaches 573.33 mn in April 2017
China Mobile said its 4G subscriber base reached 573.331 million in April 2017 as compared with 568.074 million in March 2017. The total subscriber base of China Mobile was 859.947 million in April 2017 from…
Is China unstoppable in the South China Sea?
Hong Kong (CNN)Manila and Beijing are to hold direct talks on the South China Sea for the first time Friday, a move that may strengthen Beijing’s hand in the festering dispute. By agreeing to bilateral…
China proposes law to codify investigations of foreigners
The moves have sparked concern from the U.S. government and human rights groups that say the new powers could be used to suppress political dissent, silence foreign organizations working in China and force technology companies…
China Rapid Finance’s U.S. IPO Has Been Less Than Stellar
Chinese marketplace lenders do not enjoy a stellar reputation in the world market, but the sheer size of the market renders it virtually impossible to ignore them. According to one report, there are 2,000 active…