China's central bank launches spot checks on bitcoin exchanges

SHANGHAI China's central bank said on Wednesday it launched spot checks on major bitcoin exchanges in Beijing and Shanghai, knocking the price of the cryptocurrency down by more than 6 percent. The probe of bitcoin exchanges, including BTCC, Huobi and ... ( read original story ...)

China outperforms in dismal 2016 IPO market

HONG KONG As the global market for initial public offerings withered last year amid political turmoil on both sides of the Atlantic, Asia fared relatively well thanks to a flood of new share listings from mainland China. Total funds raised from first-time ... ( read original story ...)

China nabs 720 people in pollution crackdown

In 2016, 720 people were detained in China for damaging the environment, the official Xinhua news agency reported, citing information disclosed at a national environmental work conference. The agency added that Beijing rejected 11 projects worth 97 billion ... ( read original story ...)

John McCallum 'excited' to be next ambassador to China

He needs to talk about improving trade but improving trade on an equal playing field," Kent told CBC News. McCallum wants more Chinese immigrants, students, tourists China, Canada exploring free trade deal Sarah Katulakos, executive director of the Canada ... ( read original story ...)

China aircraft carrier crosses Taiwan Strait amid tension

China's only aircraft carrier has led several warships across the Taiwan Strait, Taiwan's defence ministry said. The Liaoning was returning from drills in the South China Sea. It did not enter Taiwanese waters but did cross its air defence identification ... ( read original story ...)

China's rugby revolution: $100M mission to grow 'olive ball'

After the deal, Alisports chief executive Zhang Dazhong spoke of the "undoubted potential" for rugby to become a "mass-participation sport" in China, while national captain Ma Chong told the AFP news agency, "as an athlete, I finally see hope for this sport." ( read original story ...)

Beijing Takes Pivotal Technology Lead in South China Sea

China has taken a wide technological lead to help bolster its control over much of Asia’s most contested tract of sea, an advantage that analysts say will help keep less equipped countries away from Beijing’s massive maritime claims. Beijing showed its ... ( read original story ...)

China's anti-Teslas: cheap models drive electric car boom

China has spent billions of dollars on subsidies to help companies including Warren Buffett-backed BYD and BAIC Motor achieve large-scale production of plug-in vehicles, which are gaining traction among urban drivers as well as taxi fleets and government ... ( read original story ...)

Beijing forms force to police smog

BEIJING — Officials in Beijing have announced a new environmental police squad to root out illegal burning in the city, the latest government response to the widespread public anger over China’s persistent problems with smog. Beijing’s acting mayor ... ( read original story ...)