BEIJING — Beijing says it is “firmly opposed” to a Pentagon report on the Chinese military that highlighted China’s construction of military facilities on made-made islands in the South China Sea and speculated that Beijing…
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WuXi Won’t Make Hong Kong IPOs Hot
WuXi Biologics IPO $510 million But one firm … and an asset base that’s more opaque than almost any large bank in China. Next up is probably China Tower Corp., a state enterprise that reported…
China refuses to release activists investigating company making Ivanka Trump brand shoes
GANZHOU, China – China’s government on Tuesday rejected a U.S. State Department call to release three activists detained while investigating a Chinese company that produced shoes for Ivanka Trump and other brands. It sought instead…
China: Won’t release men who probed Ivanka Trump supplier
GANZHOU, China — China’s government on Tuesday rejected a U.S. State Department call to release three activists detained while investigating a Chinese company that produced shoes for Ivanka Trump and other brands. It sought instead…
California, China sign climate deal after Trump’s Paris exit
BEIJING — With President Donald Trump pulling the U.S. out of the Paris climate accord, China and California signed an agreement Tuesday to work together on reducing emissions, as the state’s governor warned that “disaster…
Cheick Tiote tributes continue to pour in as Beijing Enterprises fans lay flowers in memory of tragic former Newcastle midfielder
The football world continues to mourn the tragic death of former Newcastle United midfielder Cheick Tiote. The Ivory Coast international collapsed suddenly and suffered a heart attack during a training session with Chinese club Beijing…
Most valuable brands: 9 American and 1 from China
China now has one of the world’s most valuable brands. Shenzhen-based tech firm Tencent has broken into a ranking of the top 10 most valuable brands published by BrandZ. The annual ranking is typically dominated…
China’s economy is becoming more like America’s — and not in a good way
China’s three-decade economic boom, marked by gravity-defying double-digit growth rates, has been accompanied by a sharp increase in income inequality, according to a new study from French economist Thomas Piketty. “China’s inequality levels used to…
China just went full-on Big Brother on its credit card system
The banks will report that data to the State Administration of Foreign Exchange (SAFE) daily. This a reminder that, though China has been quiet, all is not well. Officials are doing this because downward pressure…
U.S. to China: Free men who probed shoemaker for Ivanka Trump
WASHINGTON — The State Department called Monday for the immediate release of three labour activists who investigated a Chinese company that produced Ivanka Trump shoes in China. The Associated Press reported that the men were…
China must rein in rapid growth in local govt debt — economist
BEIJING: China must rein in rapid build-up in local government debt and should implement reforms at the local level to raise transparency and let market forces play a bigger role, an influential government economist said…
China’s flexible in how it deals with yuan value
Will China ever float its yuan? Officially, there is no peg to the US dollar. However, the People’s Bank of China (PBOC) maintains the value of the yuan within a certain upper and lower limit…
China plans to halt issuing new electric vehicle permits, sources say
China plans to halt issuing permits to produce electric vehicles because of concern additional approvals may lead to a glut in the world’s biggest auto market, according to people with knowledge of the matter. The…
