In China, where wealth is concentrated in Communist Party cadres and those close to them, the average is meaningless because the rich distort the reading. What matters is the median. The property bubble in big…
Tagged By beijing
China stocks rise, led by financials and property firms
SHANGHAI, Dec 26 (Reuters) – China stocks ended firmer on Tuesday, led by financial and real estate firms, though trading was thin as year-end nears. ** At the close, the Shanghai Composite index was up…
China sentences ‘Vulgar Butcher’ activist to 8 years’ prison
Add China as an interest to stay up to date on the latest China news, video, and analysis from ABC News. A prominent activist who called himself the Ultra Vulgar Butcher as he mocked and…
China hands down harshest sentence in multi-year rights crackdown
BEIJING (Reuters) – China sentenced a prominent rights activist to eight years … Chinese state media branded those reports “fake news” and said the accounts were concocted as a means of gaining attention. Xie’s lawyer…
China steering economy through mountain of debt
China’s leadership has made “preventing financial risk an economic priority” for the next three years as President Xi Jinping tries to steer the economy through perilous territory, with a “mountain of debt” and an increasingly…
China’s Shanghai to battle ‘big city disease’ by limiting population to 25m
China’s financial hub of Shanghai will limit its population to 25 million people by 2035 as part of a quest to manage “big city disease”, the cabinet has said. The State Council said on its…
China to overtake US economy by 2032 as Asian might builds: report
The report by the Centre for Economics and Business Research in London sees India leapfrogging … In 2032, three of the four largest economies will be Asian – China, India and Japan – and, by…
Beijing’s migrant crackdown leaves up to 15,000 children without education
The debris of a demolished kindergarten is covered at a village, which is mainly inhabited by migrant workers, in Tongzhou district of Beijing, China. Source: Reuters/Jason Lee IN what is called its most aggressive crackdown…
China regulator summons founder of debt-laden LeEco back to China
SHANGHAI (Reuters) – China’s securities regulator has formally ordered the founder of indebted tech conglomerate LeEco to return to China and sort out a mounting debt pile linked to his firms, ramping up pressure on…
China hands down harshest sentence yet in multi-year rights crackdown
BEIJING (Reuters) – China sentenced a prominent rights activist to eight years in jail for subversion on Tuesday, his lawyer said, the harshest sentence to be passed so far in a government crackdown on activism…
China calls for constructive efforts to ease Korean tensions
BEIJING (Reuters) – China called on Monday for all countries to make constructive efforts to ease tension after North Korea said the latest U.N. sanctions against it are an act of war and tantamount to…
How China’s first emperor searched for elixir of life
China’s first emperor launched an obsessive search for the elixir of life before dying aged 49 in 210 BCE, new archaeological research has revealed. Qin Shi Huang, who created the world-famous terracotta army, ordered a…
China sets schedule for becoming strong trading nation
China’s Ministry of Commerce on Monday determined to turn China into a “strong economic and trading nation in all respects” by 2050. In the past five years, China’s domestic consumption, foreign trade and investment all…
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