BEIJING (Reuters) – China’s banking regulator has introduced steps to cut the red tape for foreign banks, state media agency Xinhua said on Saturday, as part of the government’s ongoing effort to promote investment in…
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China orders three insurers to fix overseas investment rule breaches
BEIJING (Reuters) – China’s insurance regulator said on Saturday it would force three major insurers to take steps to deal with overseas investments that had violated regulations, as Beijing intensifies its crackdown on risk in…
China seizes Anbang, charges dealmaking founder with fraud
Anbang’s rise in recent years was remarkable even by the standards of China’s booming insurance sector. And in many ways, the company’s business model was among the industry’s riskiest. Much of Anbang’s growth was tied…
China prosecuting Anbang insurance tycoon, who controls Waldorf Astoria hotel
A prominent business magazine, Caixin, said in May at least 30 billion … cool spending on foreign real estate and other assets they said did nothing to develop China’s economy. Following that, Anbang failed to…
China absolutely killing US on trade says Donald Trump
Very, very unfair,” he rued. “Even today, it’s extremely hard on companies that want to do business in China, because the barriers are incredible, whereas the barriers coming into our country are foolishly not. Foolishly.…
As business and tourism ties strengthen, Chinese media make strides in Cambodia
China’s rapid rise in the Kingdom has shaken up the traditionally … Chinese-language news outlets, like much of the Khmer-language press in Cambodia, rely on powerful local business interests to subsidise their operations. The Jian…
China upset as Interpol removes wanted alert for exiled Uighur leader
BEIJING (Reuters) – China expressed dissatisfaction on Saturday at Interpol’s decision to lift a wanted alert for an exile from its Uighur minority, a man China accuses of being a terrorist. Uighurs are a largely…
China’s Communist Party to meet on reform ahead of government reshuffle
BEIJING (Reuters) – China’s ruling Communist Party will hold a three-day meeting … who is also head of the party, the official Xinhua news agency said the party’s Central Committee would hold a plenary session…
BMW plans to build battery electric Minis in China
German automaker BMW says it’s in talks to build battery electric models of its Mini cars in China, which would be the first time the iconic cars have been made outside Europe. BMW said in…
Who’s Likely to Field Strong Figure Skating Team in Beijing?
GANGNEUNG, South Korea — Four years can be an eternity in figure skating. Injuries, ennui, growth spurts, coaching changes, even rules alterations play a role in getting from one Olympics to another. So who is…
China’s Communist Party to meet ahead of government reshuffle
BEIJING (Reuters) – China’s ruling Communist Party will hold a three-day meeting of its top officials starting on Monday, state news agency Xinhua said on Saturday, which will likely discuss and decide on key personnel…
China’s January property prices rise 5 percent year-on-year: statistics bureau
BEIJING (Reuters) – China’s new home prices in January grew 5 percent from a year earlier, data from the statistics bureau showed on Saturday, even as the government continued its efforts to rein in speculative…
China’s property price growth slowed ‘slightly’ in Jan – stats bureau
BEIJING, Feb 24 (Reuters) – Property price growth in China was “stable while slightly lower” in January, the nation’s statistics bureau said in a statement on Saturday, as data showed prices in eleven major cities…
