US Secretary of State Rex Tillerson said North Korea threatened the whole world and urged China to use its influence on unpredictable dictator Kim Jong-un. Could Kim Jong Un’s missiles really set off World War…
Tagged By beijing
Reports: China orders bitcoin exchanges to shut down
Regulators in Shanghai, the country’s financial centre, gave verbal instructions to exchange operators to shut down, China Business News and 21st Century Economic Report said on their websites. They gave no other details. Bitcoin’s value…
China’s WeChat crackdown drives bitcoin enthusiasts to Telegram
China is also cracking down on VPNs, which route traffic through servers outside the country, to stamp out access to foreign news sites and services. Apple is removing many VPNs from its Chinese app store…
Beijing cryptocurrency exchanges told to announce trading halt: source
Chinese authorities have ordered Beijing-based cryptocurrency exchanges to cease trading and immediately notify users of their closure, signalling a widening crackdown by authorities on the industry to contain financial risks. Exchanges were also told to…
China economy cools amid rising borrowing costs, property curbs
Business activity in China slowed in August amid rising borrowing costs and property restrictions, the Wall Street Journal reports. Industrial output rose 6.0 percent from a year earlier, the slowest pace this year, from a…
Beijing crypto-currency exchanges told to announce trading stop by Friday: Securities Times
SHANGHAI (Reuters) – Chinese authorities have ordered Beijing-based crypto-currency exchanges to cease trading and to tell users by Friday about when trading will end, the Securities Times newspaper reported citing industry sources and a government…
Chinese academics prod Beijing to consider North Korea contingencies
BEIJING (Reuters) – Chinese academics are publicly broaching the idea that China and the United States should share plans on how to deal with a potential conflict on the Korean Peninsula, a sign some say…
China’s economy losing some steam as investment growth hits 18-year low
Factory output and retail sales also grew less than anticipated, though a rebound in property sales and construction starts is likely to keep China’s overall growth relatively robust and comfortably on target ahead of a…
China green car pivot will need state support, GM chief says
In July, Reuters reported global makers were urging China to delay and soften planned quotas for NEVs, which they said would be impossible to meet and would hit their business. Barra added the firm would…
Tillerson presses China to apply oil leverage on North Korea
“That is a very powerful tool and it has been used in the past,” Tillerson said at a news conference. “We hope China will not reject that.” He spoke after talks with Britain and France…
Is Russia Pushing Saudi Arabia Out Of Asia?
The deal was no surprise as it came on the heels of a Rosneft announcement regarding the sealing of a strategic partnership deal with CEFC, but it is clearly indicative of a continuing warming between…
China Inc. Gets Private Equity Religion
HNA bought Pactera Technology International Ltd., a Beijing-based information-technology outsourcing services provider, from Blackstone Group in October last year and appointed Goldman Sachs Group Inc. to underwrite an IPO, though Goldman halted work … (…
China’s retail sales up 10.1 pct in August
The Chinese economy enjoyed better-than-expected growth in the first two quarters of the year thanks to debt-fuelled investment in infrastructure and real estate, although warnings of a potential financial crisis have spurred Beijing to clamp…
