Beijing finds it tough to raise participation. “There are only classification targets…but no punitive measures for residents who disobey the instructions,” said Yang Kun, a city management official in the upmarket Finance Street district. “We…
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Beijing struggles to get affluent residents to sort their own garbage
Beijing finds it tough to raise participation. “There are only classification targets … but no punitive measures for residents who disobey the instructions,” said Yang Kun, a city management official in the upmarket Finance Street…
Chinese state media cheer Xi-Trump meeting, say confrontation not inevitable
SHANGHAI/BEIJING (Reuters) – Chinese state media on Saturday cheered the meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping as one that showed the world that confrontation between the two powers was…
Beijing struggles to get residents to sort their trash
Beijing finds it tough to raise participation. “There are only classification targets…but no punitive measures for residents who disobey the instructions,” said Yang Kun, a city management official in the upmarket Finance Street district. “We…
At U.S.-China summit, Trump presses Xi on trade, North Korea; progress cited
PALM BEACH, Fla. (Reuters) – President Donald Trump pressed Chinese President Xi Jinping to do more to curb North Korea’s nuclear program and help reduce the gaping U.S. trade deficit with Beijing in talks on…
FT: China Pounces Amid US Retreat From Global Financial System
China reportedly is muscling out America to grab a bigger share of the global financial spotlight. “As the U.S. steps back, China is taking a greater role on the global financial stage, despite slowing its…
China threatened to make life tough for Google if Trump keeps up his criticism
China won’t unblock Google’s services for its citizens if US president Donald Trump keeps slamming the country, according to a Financial Times report. Chinese politician Liu Binjie said if Trump kept criticising the country’s trade…
China forex reserves rise slightly in March, stay above $3 trillion
BEIJING (Reuters) – China’s foreign exchange reserves rose slightly in March, though by a bit less than the market expected, as capital control measures and a pause in the dollar’s rally helped contain outflows. Reserves…
These states would get hit hardest by a trade war with China
“They do not, however, want the Trump administration to disrupt what has become a stable atmosphere for American business in China.” Trump’s blistering rhetoric condemning China’s trade practices generated cheers of support on the campaign…
China's Xi has one big message for Donald Trump
When Chinese President Xi Jinping meets with U.S. President Donald Trump in Florida, the message he will likely bring is: don’t blame China for your problems. China’s Foreign Ministry has been telegraphing what Xi and…
China's relationship with North Korea the worst it's ever been, says BlackRock's Fink
BlackRock Chairman and CEO Larry Fink told CNBC on Thursday that China’s relationship with North Korea is the worst it has ever been. Fink, speaking ahead of President Donald Trump ‘s meeting with Chinese President…
China's top four banks slim down
For the first time in six years, China’s four largest banks saw their collective headcount drop in 2016. Lenders also cut costs. Industrial & Commercial Bank of China Ltd, China Construction Bank Corp, Agricultural Bank…
China's Banks Are Still in Trouble
Agricultural Bank of China Ltd. reported disposing of 73 billion yuan in loans this way. That’s an extremely troubling trend, as banks appear to be obscuring rather than resolving their debt problems. And even so,…
