Pan Gongsheng, head of State Administration of Foreign Exchange, was quoted in China Business News on Monday, saying that China’s forex management policies will balance efforts between guarding against risks of cross-border capital flows and…
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Trade, investment remain stability source for China-U.S. relationship
President of the U.S.-China Business Council (USCBC) told Xinhua in a recent interview. Bilateral trade surged from 2.5 billion U.S. dollars in 1979 to 519.6 billion dollars in 2016, an increase of 211 times, data…
110 Japanese firms went bankrupt in China last year: Report
BEIJING: About 110 Japanese firms went bankrupt in China last year, a research report said, highlighting challenges in doing business in the world’s second largest economy. A new report by Tokyo Shoko Research showed that…
China's auto sales slow sharply in January
A visitor and his child try out a new car at an auto show in Wuhan, Hubei province. [Photo/Xinhua] BEIJING – The growth of auto sales in China slowed sharply in January, affected by holidays…
China FX regulator surveying Shanghai firms
SAFE is also looking at the operations of US-invested firms in China, including their business models and whether those firms will move production to other countries or divest from China. ( read original story …)
Recent Trump win on China trademark raises ethics questions
Trump’s late triumph in the fight to wrest back his brand for construction services could prove to be the first of many intellectual property victories in China during his presidency. Each win creates value for…
Here are China's top businesswomen, according to Forbes
Dong Mingzhu,president of GreePhoto: YouTube screengrab Lucy Peng, or Peng Lei, chair of Ant Finance, ranked at third, was one of three people to make the list from Alibaba Group and its affiliates. Here’s a…
Beijing bans high-emission vehicles in anti-smog move: Xinhua
SHANGHAI China’s smog-hit capital Beijing will ban high-emission vehicles from Wednesday as part of its efforts to combat pollution, the official Xinhua news agency said, citing the local government. Concerned about the damage done to…
Beijing isn’t doing Carrie Lam any favours with its blatant signals
Almost everyone “knew” Carrie Lam Cheng Yuet-ngor was Beijing’s preferred candidate for chief executive. The Post reported that “Hongkongers generally favour [John] Tsang in the race, but accept that Lam stands a better chance of…
Trudeau's China trip most expensive by a PM in past decade
Prime Minister Justin Trudeau’s trip to China last year was the most expensive trip by a Canadian prime minister in a decade. According to figures obtained by CBC News, Trudeau’s 10-day trip to Beijing, Shanghai,…
China blames U.S., South Korea for North Korea missile launch
BEIJING — China, facing criticism that it is not doing enough to pressure North Korea to drop its nuclear program, said Monday that the root cause of North Korean missile launches is friction with the…
Trump assures Japan after friendly phone call with China
“I believe that will all work out very well for everybody, China, Japan, the United States and everybody in the region,” Trump said at a joint news conference with Abe. Trump, fresh off patching up…
Exclusive: China's top developers plan to invest more in land this year – Reuters survey
The Chinese Academy of Social Sciences forecasts China’s property investment will rise 5.4 percent in 2017. Increasing competition for land in major cities will not only pose a challenge to authorities who want to avoid…