It seems that China’s leaders have now forsaken Deng Xiaoping’s advice to tao guang yang hui (“keep a low profile”). In declaring a “new era” for China during October’s 19th National Congress in Beijing, President…
Tagged By beijing
China spotted illegally selling oil to North Korea, report says
told the news organization. Cai added the “tightening … reflects China’s stance.” More on North Korea… It’s unknown if China supplies crude oil to the North, but it’s believed by industry insiders that China provides…
As China smothers Xinjiang, even mild critics are silenced
BEIJING — Zhang Haitao was a rare voice in China, a member of the ethnic Han majority who for years had criticized the government on social media for its treatment of the minority Muslim Uighurs.…
Taiwan president says China military causing regional instability
TAIPEI (Reuters) – China’s frequent military activity is causing regional instability, Taiwan President Tsai Ing-wen said on Thursday, adding that the island’s forces have been keeping a close eye on what they are up to.…
Huawei’s China smartphone sales chief detained for suspected bribe-taking
“We take our business ethics extremely seriously, and have zero tolerance for corrupt behaviour.” It gave no further comment. In an internal memo to staff, however, Huawei said Teng Hongfei, the Greater China sales head…
China’s Geely takes $3.3-billion stake in Swedish truck maker Volvo
AB Volvo owns 45 per cent of Dongfeng Commercial Vehicles, one of China’s largest truck makers, and also has a significant construction equipment business in China. The value of the investment amounted to around 27.2…
China extends tax rebate on hybrid and electric cars
China will extend a tax rebate on purchases of so-called new-energy vehicles (NEV) until the end of 2020, a boost for hybrid and electric car makers amid a shift by policy-makers away from the traditional…
Sunac China Holdings Increases Stake in LeEco’s Le Vision Pictures
The drama of China’s entertainment and tech group LeEco continues to unfold as property developer Sunac China Holdings has increased its stake in one of the troubled group’s subsidiaries. According to an announcement made on…
China defends sanctions work after report of NK oil transfer
BEIJING – China’s foreign ministry has defended its enforcement of U.N. sanctions against North Korea following reports Chinese ships improperly transferred oil to North Korean vessels at sea. A ministry spokeswoman, Hua Chunying, said Wednesday…
China is still struggling to build a global fashion brand – not that producing a worldwide label matters
One of the most talked-about events at London Fashion Week in September was the opening of the first boutique of Huishan Zhang, a Chinese designer based there. Located on Mount Street, the same address as…
China’s Geely buying stake in Swedish truck maker Volvo
Geely owns Geely Auto, one of China’s biggest independent automakers. It agreed in May to buy 49.9 per cent of Proton and 51 per cent of Lotus, which was owned by the Malaysian automaker. Geely…
China’s Geely adds to Swedish assets with AB Volvo stake
China already has the largest automotive sector in the world … Earlier this year, Geely agreed to buy 49.9pc of Malaysian car business Proton and 51pc of Lotus, which was owned by Proton. In 2013…
China lashes out at German ambassador over cyber security
Foreign companies use VPNs to communicate securely with their offices abroad and to see news and other websites that are blocked by Chinese web filters. Companies already cite internet controls as among the biggest obstacles…