China and Russia have dispatched intelligence-gathering vessels from their navies to chase the USS Carl Vinson nuclear-powered aircraft carrier, which is heading toward waters near the Korean Peninsula, multiple sources of the Japanese government revealed ... ( read original story ...)
China Rapid Finance will be the Fifth Online Lender to IPO in the US
In late March, 2017 we learned that Chinese online lender China Rapid Finance filed to go public, hoping to raise up to $100 million. They will list on the New York Stock Exchange under the ticker symbol XRF and will be the second Chinese online lender to ... ( read original story ...)
Steel, stimulus drive China’s strongest economic growth since 2015
China’s economy grew faster than expected in the first quarter as higher government infrastructure spending and a gravity-defying property boom helped boost industrial output by the most in over two years. Growth of 6.9 per cent was the fastest in six ... ( read original story ...)
China's GDP expanded at 6.9% pace in Q1, better than expected
China's economic recovery is gaining traction, with growth rising to its fastest pace in over a year in January-March. The 6.9 per cent annual pace of expansion for the world's second-largest economy, reported Monday, surpassed economists' forecasts and ... ( read original story ...)
China’s car dilemma: Beijing wants electric, buyers want SUVs
Automakers face a dilemma in China’s huge but crowded market: Regulators are pushing them to sell electric cars, but buyers want gas-guzzling SUVs. The industry is rattled by Beijing’s proposal to require that electric cars make up 8 per cent of every ... ( read original story ...)
China's economy gains steam; 1Q growth fastest since 2015
HONG KONG -- China's economic recovery is gaining traction, with growth rising to its fastest pace in over a year in January-March. The 6.9 per cent annual pace of expansion for the world's second-largest economy, reported Monday, surpassed economists ... ( read original story ...)
China's first-quarter property investment accelerates, defying curbs
BEIJING Real estate investment in China remained robust in the first quarter from a year earlier, official data showed on Monday, as the pace of new construction quickened, despite intensified government cooling measures. Growth in property investment ... ( read original story ...)
China Q1 property investment rises 9.1 pct y/y
BEIJING, April 17 Real estate investment in China rose 9.1 percent in the first quarter from a year earlier, official data showed, as the pace of new construction starts quickened despite intensified government cooling measures. The pace of investment ... ( read original story ...)
China car dilemma: Beijing wants electric, buyers want SUVs
Government planners see electric vehicles as a sector where China can lead, and a Cabinet technology development plan issued in 2013 calls for two of the top global brands in 2025 to be Chinese. Hence the proposal, released in September, calling for ... ( read original story ...)
China promotes electric cars but residents want SUVs
News reports say regulators might have agreed to lower or delay them in an updated plan due out this year, but there has been no official confirmation. China's stand-out EV success so far is BYD Auto Co. It sells all-electric vehicles to taxi and bus ... ( read original story ...)