SEOUL – China has the economic power to move markets, and it isn’t afraid to use it. South Korean stock trading offered a case in point Friday, with a selloff in hotels, cosmetic makers and…
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China greenlights 10 IPOs
BEIJING, March 3 (Xinhua) — The China Securities Regulatory Commission (CSRC) Friday approved initial public offering (IPO) applications from ten companies. They will raise no more than 7 billion yuan (1.02 billion U.S. dollars), according…
China February service sector growth slows to four-month low: Caixin PMI
The findings echoed a similar softening in growth in China’s official services activity survey released on Wednesday, and contrasted with an unexpected pick-up in growth in its manufacturing sector as export orders rebounded. The February…
China congress: BBC team forced to sign confession
The plan was a simple one. We’d arranged to meet a woman in her village in China’s central Hunan Province and to then travel with her by train to Beijing, filming as we went. But…
Xi Jinping may have signaled a huge transformation for China's economy
In one speech, Xi Jinping may have changed everything we know about China’s economy. The speech was on a topic the entire world has heard about before — the transformation of China’s economy. More specifically,…
China drills again near Taiwan as island warns of threat
Beijing has never renounced the use of force to take control of what it deems a wayward province. China’s official Xinhua news agency said fighters, bombers and early warning aircraft had flown through the Miyako…
Hangzhou latest Chinese city to expand property curbs
BEIJING Hangzhou, in China’s prosperous Zhejiang province near Shanghai, said on Thursday it would stop non-residents buying a second home there, as large cities step up their fight against property speculators. From March 3, residents…
China ready to cede land for part of Arunachal Pradesh?
BEIJING: An exchange of land, with the politically and strategically sensitive Tawang tract in Arunachal Pradesh being ceded by India, could pave the way for a settlement of the India-China boundary dispute, China’s former pointsman…
China says curbs on i-net needed to prevent 'external interference'
China is trying to grapple with spread of social media. Justifying its curbs on Facebook, Twitter and Youtube, China on Thursday said such controls were needed to prevent “external interference”. “Safeguarding China’s sovereignty, security and…
Vintage Western phone brands resurrected by Chinese players
Apple and Samsung lead the smartphone pack worldwide but impressive growth in the Chinese market has left room for a host of home-grown manufacturers to come to the fore, with China’s Huawei now third in…
Delivery man is China's latest billionaire
It’s a stark reversal for a company that got its start in what Wang has called the sneaky business of “black delivery”, back in the ’90s when only China’s post office was allowed to handle…
China eyes global economic leadership as U.S. turns inward
The country’s most significant transportation project since its independence in 1963 is being built courtesy of China. China Road and Bridge, a state-owned enterprise, leads construction of the $13.8 billion project, which is financed nearly…
China February factory growth beats expectations as global demand improves
BEIJING (Reuters) – China’s factory activity expanded faster than expected in February as domestic and export demand picked up, adding to signs that the global economy is regaining momentum even as fears grow of a…