China and Hong Kong stocks extended their New Year rally on Friday, underpinned by robust gains in real estate firms. At 04:02 GMT, the Shanghai Composite index was up 7.95 points or 0.23 per cent…
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US joins search for 32 missing after ships collide off China
In this photo provided by Korea Coast Guard, the Panama-registered tanker “Sanchi” is seen ablaze after a collision with a Hong Kong-registered freighter off China’s eastern coast Sunday, Jan. 7, 2018. The oil tanker collided…
China: Low-level graft a business reality
Despite President Xi Jinping’s half-decade-long anti-graft campaign, low-level corruption remains a business reality for Singapore firms in China. For a society where guanxi, or personal connections, can make or break a deal, wining and dining…
Iranian tanker collides with freighter off China; 32 missing
BEIJING — An Iranian oil tanker collided with a bulk freighter and caught fire off China’s eastern coast, leaving its entire crew of 32 missing and causing the tanker to spill oil into the sea,…
China’s economic transition is good news for its debt worries, economist says
One of the benefits of China shifting its economy away from traditional manufacturing is that the country’s economic growth will be less reliant on borrowing, an economist said on Monday. “[China is] trying to boost…
U.S. joins search for 32 missing after oil tanker, freighter collide off China
BEIJING – The U.S. Navy has joined the search for 32 missing from an Iranian oil tanker that caught fire after colliding with a bulk freighter off China’s east coast. China, South Korea and the…
China’s property sales may finally stop growing this year, UBS says
The Chinese government’s efforts to cool the property sector may finally pay off in 2018, with UBS forecasting zero growth in real estate transactions for the entire year. Real estate purchases slowed in the second…
Five most highly-anticipated Chinese tech IPOs for 2018
After a slow start, Chinese tech firm sped up its IPO rush in the latter half of 2017, marked by hefty IPOs like the ones from China Literature, ZhongAn, Qudian, and Sogou. The past year…
China’s IPO strength isn’t extending to equity capital markets: Gadfly
The great overseas push by China’s investment banks has gone as far as locking up initial public offerings in Hong Kong. Beyond taking public some big names on their doorstep, they’ve made little headway in…
China ‘can’t stand’ Justin Trudeau’s talk of human rights, diversity: Ian Bremmer
The president of the world’s largest political risk consultancy firm says Prime Minister Justin Trudeau can talk until he’s blue in the face about democracy and human rights, but it’s not going to make a…
Iranian oil tanker catches fire after colliding with freighter off China, 32 missing
An Iranian oil tanker collided with a bulk freighter and caught fire off China’s eastern coast, leaving its entire crew of 32 missing and causing the tanker to spill oil into the sea, authorities said…
China slashes number of baby formula brands in quality drive
China has slashed the number of permitted milk powder brands by 1,400, to boost the market share of the bigger domestic brands damaged by a safety scandal a decade ago, which led overseas companies to…
Back on track: China’s rural poor regain sight and self-reliance aboard hospital train
It’s estimated tens of millions of people in rural China have cataracts but little to no access to the treatment they need. Along came the Lifeline Express, a private Hong Kong-based foundation that deploys hospital…