China’s Okay Airways Co. is planning to sell shares in an initial public offering in its home country around 2021 and use the proceeds to help finance aircraft purchases. In the run-up to the IPO,…
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China: Trade probe of US sorghum a ‘normal’ investigation
The Ministry of Commerce announced Sunday it was investigating whether U.S. sorghum was being exported to China at improperly low prices … spokesman Geng Shuang said at a regularly scheduled news briefing. The Ministry of…
China Enlists Its ‘Great Firewall’ to Block Bitcoin Websites
“Overseas transactions and regulatory evasion have resumed,” said an article published Sunday night by the People’s Bank of China-affiliated Financial News, as quoted by the South China Morning Post. “Risks are still there, fueled by…
China: Cheap American grain is hurting our farmers
Trump will decide on other potential trade sanctions against China in the coming months based on the results of U.S. investigations into steel, aluminum and intellectual property infringement. China has taken measures against specific products…
China looks to stamp out cryptocurrency trading
China plans to stamp out all remaining cryptocurrency trading in the country by blocking access to overseas-based websites and removing related applications from app stores. The moves were outlined in a report Sunday by Financial…
China advises its tourists to avoid Maldives till politics stabilise
“China suggests that Chinese citizens who are preparing to go … according to the official Xinhua news agency. Mohamed Anil, attorney general of the Maldives, said on Sunday that the government had received information that…
China slams “wild guesses” in US nuclear review
Beijing (AFP) – China said Sunday it is “firmly opposed” to the United States’ new nuclear weapons policy statement, describing its speculation about Chinese intentions as “wild guesses”. The US Defense Department’s Nuclear Posture Review…
China seeks to rejuvenate countryside with 2018 rural policy
State news agency Xinhua earlier published the new policy statement outlining the plan by China’s State Council and the Central Committee of the Communist Party late on Sunday. The plan’s objectives and tasks will be…
Securities regulator to foster innovation with revised IPO rules
The China Securities Regulatory Commission said it will make the existing IPO rules more inclusive and supportive of companies with new technologies or new business models. The CSRC made the comments in a statement released…
Chinese IPOs in the US this year could jump as much as 30 per cent from 2017: Nasdaq
Seventeen Chinese companies held IPOs on Nasdaq in 2017, up from seven in 2016, according to data provided by the US exchange. Thirteen are on file to be listed. In total, about 110 companies are…
China vows to modernise massive farm sector, amid growing wealth gap with cities
China has the largest agriculture sector in the world and hundreds of millions of people work as farmers but productivity is low. The statement published by state news agency Xinhua late on Sunday is called…
Nissan to pump $9.5 billion into China business, eyes top three spot
BEIJING (Reuters) – Nissan Motor Co plans to invest 60 billion yuan ($9.5 billion) in China over the next five years with its joint-venture partner as it seeks to become a top three automaker in…
China Seeks to Rejuvenate Countryside With Rural Policy
China has the largest agriculture sector in the world and hundreds of millions of people work as farmers but productivity is low. The statement published by state news agency Xinhua late on Sunday is called…
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