He provided no other specifics. A Defense Department official tells CBS News correspondent Adriana Diaz the plan is to return the drone in the South China Sea, near the contested Scarborough Shoal. The hand-off should happen by 6 a.m. ET. The drone should ... ( read original story ...)
China returns underwater drone to U.S., Pentagon says
WASHINGTON - China has returned to the U.S. an unmanned underwater drone the Chinese Navy seized unlawfully last week in international waters, the Pentagon said. China's defence ministry said it handed the drone back after "friendly consultations." ( read original story ...)
North China on ‘red alert’ over choking smog
China’s air pollution is blamed on its reliance on coal and ... The smog had earlier grounded flights in some cities and closed highways due to low visibility. On Sunday, news websites said the number of children being taken to Beijing hospitals with ... ( read original story ...)
China's famous elevated bus is now just a giant roadblock
The company behind the bus, TEB Technology, was supposed to restore the 330-yard-long test site to its original state by the end of August, according to China's official state news agency Xinhua. But that never happened. "The tracks are still there and we ... ( read original story ...)
A Primer On Chinese Financial Data Quality
There are empirical measures for assessing the quality of financial data. A specific set of institutional arrangements disincentivizes China's market participants from producing, disclosing, and demanding high-quality financial information. Understanding ... ( read original story ...)
China to include off-balance sheet wealth products in risk assessment – sources
The People's Bank of China (PBOC) will include WMPs in macro-prudential assessments starting in the first quarter of 2017, the sources said, potentially requiring banks to put aside more capital. The PBOC also urged financial institutions to strengthen ... ( read original story ...)
China May Seek Financial Revenge Against Trump's Twitter Rants
The Trump twitter feed has made it to the front pages of the Chinese newspapers, at least implicitly. Weekend tweets about China have not been taken in a terribly good spirit in the People’s Republic of China and there has been muttering about ... ( read original story ...)
Can Technology Unite Us?
In fact, studies have shown that many parts of rural China are being left behind while urban areas reap the benefits of technology. Specifically, according to China Internet Watch, 72 percent of the population living in urban areas of China have Internet ... ( read original story ...)
China Ceramics Announces Third Quarter 2016 Financial Results
In addition to China Ceramics' condensed consolidation financial results under International Financial Reporting Standards ("IFRS"), the Company also provides Non-IFRS financial measures (referred to as Non-GAAP financial measure) for the third quarter of ... ( read original story ...)
Yearender-Commentary: China economy skeptics should rethink their betting
BEIJING, Dec. 19 (Xinhua) -- It is time for predictions about the coming year, and you are bound to hear more than a few scary prophecies about an imminent economic hard landing in China, triggered by a debt crisis, a bursting property bubble, financial ... ( read original story ...)
China's central bank governor battles falling yuan, cooling property market
and ordering some of the country's biggest banks to lend to non-bank financial institutions. But the mood in China's $US9 trillion bond market remains tense. Some analysts fear that if the bond selloff picks up pace, China will see a repeat of the market ... ( read original story ...)
China B2C E-Commerce Sales Forecasts 2016 to 2020 – Forecasts Suggest Continued Growth of Online Retail in China – Research and Markets
DUBLIN--(BUSINESS WIRE)-- Research and Markets has announced the addition of the "China B2C E-Commerce Sales Forecasts 2016 to 2020" report to their offering. A growth rate of 20% or higher for online retail in China is forecast by the various sources. ( read original story ...)
The Morning Ledger: Restraining Credit in China is a Challenging Task
Good morning. In the wake of the financial crisis, China’s leaders discovered a seemingly easy fix to cushion the world’s second largest economy from the economic fallout in the West: Cheap credit. This has led to a rapid expansion of the country’s ... ( read original story ...)