The intention of such policies is to prevent some businesses to cheat on government subsidies, instead of forcing foreign firms to transfer technology to China, Miao explained. As for the target set for the market…
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An explosion at a fireworks plant in China kills at least 26 people and injures dozens of others
An explosion at a fireworks plant in China kills at least 26 people, state media says
Explosion at a fireworks plant in China kills at least 21 people, injures dozens more: report
Blast at fireworks factory in China’s Hunan kills 21, Xi calls for probe, state media says
Deadly China plane crash was caused by fuel cut-off, says report
Explosion at fireworks factory in China kills 26, injures 61
Exclusive-US prepared for visa sanctions on China over migrants issue, official says
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China clarifies manufacturing plan after EU group criticism
China auto sales slowing, dented by tax increase
Sales of sedans, minivans and SUVs rose 6.3 percent from a year earlier to 3.8 million units, down from December’s 9.1 percent growth, an industry group, the China Association of Automobile Manufacturers, reported Friday. Total…
Prince Charles' former tailor says Savile Row being ruined by 'half-baked brands' peddling fake Chinese suits
“I guarantee you if you are browsing in Savile Row now you will pick up a garment made in China.”Thomas Mahon He says he has grown disillusioned with Savile Row. “You’ve now got these half-baked…
What China’s central bank chief said at his press conference, as it happened
The central bank would cooperate with industry participants, including financial industry and technology firms, to develop inclusive finance, Zhou said, adding that the PBOC would grant incentives in credit policy. China still had large potential…
Canada-China free trade must benefit Canadian workers, new Beijing envoy says
OTTAWA — Canada’s Beijing-bound ambassador says the government will have to sell any possible Canada-China free trade to Canadian workers in order to overcome rising anti-trade sentiment. John McCallum says he’s aware of the populist…
Huawei, China Mobile, Deutsche Telecom, Volkswagen share their vision for 5G
Huawei, China Mobile, Deutsche Telecom and Volkswagen on Wednesday gave their vision of the future of 5G networks with the publication of the book “5G Service Guaranteed Network Slicing”, Huawei Spain informed in a statement.…
Sogou: IPO With AI Concept And Tencent Connection
Sogou, China’s third largest search engine, has taken one important step toward an initial public offering (IPO) in 2017. Multiple parties that we understand to include Sogou’s management and two major shareholders Tencent (OTCPK:TCEHY) and…
China Unicom +2.2% as it talks ownership reform again
China Unicom (NYSE:CHU) is up 2.2% in U.S. trading as it fans more talk about possible reforms of mixed ownership, prompting talk that private investments could follow. That follows discussions from Unicom last fall about…
In Reshaping China’s Financial Regulation, Is Big Better?
Should China’s central bank become the super-regulator of its financial system? The question surfaced about a year ago, as a barrage of financial-market turmoil, complex and sometimes-fraudulent new investment products, as well as currency pressures…
Central banker: China's debt 'too high,' must be controlled
BEIJING, China – China’s central bank governor said Friday the country needs to get soaring corporate debt under control but its economy and currency are stable and the decline in its foreign exchange reserves is…
China Technology 2017: Artificial Intelligence Research Gets Billions To Develop New Robots, Weapons
China has pledged billions of dollars to boost the development of artificial intelligence in the country’s first technology research drive of its kind, highlighting Beijing’s commitment to expanding the horizons of the nascent field. During…
China's property speculators make a dangerous bet in Hefei
HEFEI, China (Reuters) – In 2016, Hefei, a manufacturing hub of about 8 million people in China’s east, was one of the world’s hottest property markets and a prime target for price curbs designed to…
China's corporate debt levels are excessively high: central bank governor
BEIJING China’s corporate debt levels are excessively high, the head of the central bank said on Friday. Banks cannot support firms with high leverage, People’s Bank of China Governor Zhou Xiaochuan told reporters at a…
