“I hope both China and the U.S. will act rationally, and not be led by emotions, and avoid a trade war,” Li told reporters in a televised news conference at the Great Hall of the…
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China’s premier appeals to US to ‘act rationally’ over trade
“No one will emerge a winner from a trade war,” said Li, the No. 2 Chinese leader, at a news conference held during the meeting of China’s ceremonial legislature. Li made no mention of a…
China’s premier promises ‘wider opening’ of economy
BEIJING — Premier Li Keqiang on Tuesday promised China “will open even wider” to imports and investment … at a nationally televised news conference Tuesday held during the annual meeting of the national legislature. He…
China’s Xi strikes nationalistic tone in parliament address
BEIJING — Chinese President Xi Jinping struck a strongly nationalistic tone in his closing address Tuesday to the annual session of the ceremonial parliament, saying China would never allow “one inch” of territory to be…
FilMart: Chinese Film Investor Er Dong Seeks IPO
Capitalizing on its overnight success, fast-rising Beijing-based film investor … He did not disclose either a date for the anticipated IPO, not the amount of new capital it would seek to raise form the share…
Beijing’s ban on gatherings of foreigners in restaurants raises eyebrows, and questions
The pride of foreigners living in Beijing has been injured by the prejudiced policy of restricting foreign entry to certain bars and eateries for the duration of the National People’s Congress in Beijing. The question…
Beijing Shortens Business License Application from 22 Days to 5 Days
The Beijing Municipal Administration will shorten the application process of business licensing documents. Listen to this BEIJING, NNC – Beijing Municipal Government will shorten the process of application for business licensing documents to create a…
China unveils brand new Cabinet to run revamped govt under Xi Jinping
BEIJING: Chinese Premier Li Keqiang on Monday unveiled his new Cabinet as part of the government’s efforts to stabilise the world’s second largest economy and appointed a missile expert as the defence minister amidst regional…
Premium brands bank of Chinese market to boost flagging global demand
[Photo provided to China Daily] International premium automakers are banking on Chinese customers to boost flagging sales, devoting their latest sports utility vehicle offerings to the world’s largest car market. As a result, international manufacturers…
China appoints U.S.-trained central banker
“China is facing new challenges and the room for growth is smaller … Before joining the People’s Bank in 1997, Yi also taught at Indiana University. He also has a degree in business administration from…
China opts for policy continuity in new central bank chief
BEIJING (Reuters) – The appointment of central bank insider Yi Gang as the new People’s Bank of China governor signals continuity in policymaking, even as Yi is expected to have less room than his predecessor…
Beijing has the most young early birds
More than 60 percent of people born in 1990s do not get enough sleep, with those living in Beijing among those waking up earliest, a survey shows. Chinese Medical Doctor Association’s sleep medicine specialized committee…
China elects new economic team as President Xi kicks off second term
With Yi’s background and his reputation of being pro-reform, his nomination would be good news for foreign investors, Xie also said. Zhou, 70, who is China’s longest-running central bank head, having taken the job in…
