QIAN’AN, China — An overloaded coal truck rumbles down from the steel factory and hits a bump, sending chunks of its black cargo skittering and click-clicking along the asphalt. Waiting by the roadside, a farmer…
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How Trump’s Iran Blockade Is Complicating a High-Stakes Trip to China
Rubio warns China after Panama ship detentions, calls hemisphere sovereignty ‘non-negotiable’
Convicted Harvard Scientist Rebuilds Lab in Shenzhen
Beyond Borders and Backlash: A Disgraced Harvard Pioneer Resurfaces in Shenzhen
Beijing’s new blow to Zuckerberg and how China strengthens its technological sovereignty
Russia Increases Reliance on China for Critical War Technologies
Paraguay president to visit Taiwan in May amid China pressure
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China's poorest, trying to stay warm, add greatly to smog
Big China bitcoin exchange says no government pressure on outflows
SHANGHAI (Reuters) – The head of a major bitcoin exchange in China says few people there use the cryptocurrency to get around rules on how much money they can take out of the country, and…
China Rapid Finance Announces Partnership with Tencent Licaitong For Investment Products
Marketplace lending platform, China Rapid Finance, announced on Sunday it has teamed up with Tencent’s wealth management platform, Licaitong, to provide new investment products for individual investors. The online lender stated that with it as…
Tencent, China Rapid Finance team up on new online consumer investment products
Internet giant Tencent Holdings could be poised to ramp up the operations of its online wealth management service, Licaitong, under a new alliance with China Rapid Finance, operator of the mainland’s largest online consumer lending…
China Needs To Fix Its Shady Bond Market
Last month gave us another story of a bubble and a bust in China’s financial markets. The trouble began in mid-December: After the U.S. Federal Reserve raised interest rates, China’s bond market saw a record…
Beijing's financial revenues hit US$72 bln
Beijing’s financial revenues totaled 508.13 billion yuan (US$72 billion) in 2016, a 7.5 percent increase year on year, according to the Beijing Municipal Bureau of Finance. It is the first time that the city’s financial…
McDonald's agrees China franchise sale
Under the agreement signed Monday, the US fast food giant will keep a 20% stake in its China business. Citic will hold a 52% share in the partnership while Caryle takes 28% of the new…
Fall in China's forex reserves 'good news', yuan been overvalued – central bank advisor
BEIJING The decline in China’s foreign reserves is good news in the long-run, central bank advisor Fan Gang told Bloomberg News on Monday, describing the yuan as being at a “turning point” after possibly being…
Distressed debt manager China Orient to raise $1.5 bln ahead of IPO-IFR
HONG KONG Jan 9 Distressed debt manager China Orient Asset Management Co Ltd plans to raise about $1.5 billion ahead of a planned initial public offering (IPO) in Hong Kong, IFR reported on Monday, citing…
McDonald’s sells most of China, HK business to CITIC, Carlyle for $2.1-billion
McDonald’s Corp has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd and Carlyle Group LP for up to $2.1-billion, seeking to expand rapidly without using much…
Nokia is trying to make a smartphone comeback, starting in China
Nokia is launching a comeback — in China. If you are a cell phone user of a certain age, you likely have a soft spot for the Nokia brand. In the late 1990s and most…
Yum China Launches Taco Bell Brand in China
SHANGHAI, Jan. 9, 2017 /PRNewswire/ — Yum China Holdings, Inc. (“Yum China”) (NYSE: YUMC), and Taco Bell Corp., the world’s largest Mexican-inspired restaurant chain, today announced that they have opened the first Taco Bell restaurant…
McDonald's sells China business in deal worth up to $2.1B
HONG KONG – Fast-food giant McDonald’s is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion, the…
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