HONG KONG — Did a Chinese ship deliver oil to North Korea in defiance of the U.N. Security Council? President Trump and South Korea seem to think so. China does not. Hours after Trump accused…
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BRIEF-China Overseas Property To Terminate Agreement With HRL
Dec 29 (Reuters) – China Overseas Property Holdings Ltd : * TO TERMINATE AGREEMENT WITH HRL EFFECTIVE 29 DEC PURSUANT TO WHICH HRL OBLIGED TO PAY TO CO UNPAID ENTRUSTED MANAGEMENT FEES Source text for…
China denies improper NK oil supplies after Trump criticism
China on Friday, Dec. 29, 2017 denied violating U.N.-imposed limits on oil supplies to North Korea after U.S. President Donald Trump criticized Beijing for allowing oil to reach the North. (AP Photo/Mark Schiefelbein, File) BEIJING…
China December factory growth seen slowing only slightly despite smog war
BEIJING (Reuters) – Growth in China’s sprawling manufacturing sector likely slowed only slightly in December despite tough pollution measures that have forced some factories to curb production and a cooling housing market, a Reuters poll…
Trump warns that ‘there will never be a friendly solution’ to North Korea if China continues allowing oil to flow into the country
President Donald Trump took to Twitter on Thursday to berate China for allowing illegal oil trading with North Korea. Ship-to-ship trading of certain goods, including oil, with North Korea is illegal under UN sanctions passed…
China offers tax break to keep investors after U.S. changes
China has long been among the top global destinations for investment but foreign enthusiasm is cooling. Surveys by business groups show companies are shifting emphasis to other Asian economies seen as more profitable or less…
China temporarily waives taxes to get foreign firms to stay
The new incentives for foreign business to keep their earnings in China follow the passing last week of a corporate tax overhaul in the United States. The US reform will lower the tax rate for…
Air China will become international passengers’ first choice for border crossings
This policy will be a strong driver for the tourism and aviation industry throughout the Beijing-Tianjin-Hebei Region. Air China Limited (“Air China”) will actively facilitate the new visa-free transit policy. Putting the needs of connecting…
Beijing phases out over 4,450 coal-fired stoves in 2017
Beijing phased out more than 4,450 coal-fired stoves in 2017, reducing the capital city’s coal consumption by nearly 3 million tonnes, local authorities said Friday. The move also reduced emissions of 5,500 tonnes of smoke…
A new report reveals China-backed developers are behind the Adelaide apartment boom
The report from property group Colliers International and the Australia China Business Council reveals more than 1600 apartments are under construction in the CBD with an additional 2000 at various stages of the approval process.…
Retrials in 3 property cases ordered
The retrials have shown that the people’s courts around China will further protect people’s property right and create a healthy environment for entrepreneurs so they can play a more important role in society, according to…
China’s drinking habits are changing, and that’s a big opportunity for beverage makers
Corona and Stella Artois, classified as “super premium” brands by the company, have recorded double-digit growth since they were launched in 2014, CEO Carlos Brito told CNBC recently. China’s first brewery was founded in Harbin…
Beijing opens 3 new subway lines
Beijing will further expand its subway system with the opening of three new lines on Saturday. The two high-tech lines and one conventional tram will bring the number of lines in the capital to 22,…