The report was compiled from research representing views of 12,019 people from 11 countries and territories --- Canada, China, France, Germany, Hong Kong, India, Mexico, Singapore, the United Arab Emirates, UK and the USA. The trust in technology and its ... ( read original story ...)
China’s banking sector is facing new headwinds as asset growth cools
For the past few years, Chinese banks boosted their assets at a rapid clip, mainly by disguising loans as investments. But as the expansion has slowed considerably in recent months, industry insiders are beginning to flag concerns. A review of commercial ... ( read original story ...)
The Next Global Financial Crisis: A Chinese Sovereign Debt Default?
Moody’s recent downgrading of China’s sovereign debt rating triggered waves of reaction in both financial markets and policy circles. But like many other rating adjustments it looks more like a lagging, rather than a leading, indicator of an existing ... ( read original story ...)
China honors scientists ahead of sci-tech workers’ day
China honored a number of scientists and scientific groups Saturday ahead of the nation's first science and technology workers' day, which will fall on May 30. Liu Yunshan, a member of the Standing Committee of the Political Bureau of the Communist Party ... ( read original story ...)
Safe Sex: Chinese buy condom business as savvy youth spur demand
... it had reached an all-cash deal with China's Humanwell Healthcare Group Co Ltd and CITIC Capital China Partners for its condoms business. Humanwell declined to comment on its strategy for the Chinese and other markets. CITIC couldn't be immediately ... ( read original story ...)
Business, Beijing style: China ready for deal-making with Trump
While Donald Trump is denigrated in much of the West, the Chinese leadership has taken a distinctly different outlook: it now sees Trump as a transactional, deal-making pragmatist with whom it can do business. The Chinese media is restrained about ... ( read original story ...)
Trump just checked Beijing in the South China Sea for the first time — and it’s a risky bet
CSIS/AMTI/DigitalGlobe/Amanda Macias/Business Insider But when a country makes excessive, unlawful maritime claims, as an international court ruled China has done in the South China Sea, the US sends a Navy ship, usually a destroyer, to sail within 12 ... ( read original story ...)
China takes steps to prevent civil servants from using posts for personal gain
BEIJING Chinese civil servants will face new restrictions when changing jobs as authorities move to prevent them from using official posts to make personal profit, the official Xinhua news agency reported ... As of the end of 2015, China had 7.17 million ... ( read original story ...)
China unhappy with G7 on South China Sea
China is "strongly dissatisfied" with the mention of the East and South China Sea issues in a Group of Seven statement, and the G7 allies should stop making irresponsible remarks, a Chinese foreign ministry spokesman says. China is committed to properly ... ( read original story ...)
Beijing Bling-Hyundai Plots China Branding Reboot After Missile Row
SEOUL/BEIJING — Bruised by anti-Korean sentiment in its biggest market and losing ground to local automakers, Hyundai Motor will open its first Chinese brand store, and may locally assemble its premium Genesis cars and accelerate the launch of a sport ... ( read original story ...)