Two conflicting factors motivate Chinese consumers: They want to project their status, but they also want to protect their economic and social interests. This conflict is clear in the rhythms of daily life in China.…
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China business confidence index rises in Q2 – c.bank survey
BEIJING, June 20 (Reuters) – Business confidence among entrepreneurs in China improved in the second quarter of 2017 from the first quarter, according to a survey by the People’s Bank of China published on Tuesday.…
China pushing rise of electric ultra-high-performance cars
Communist leaders see electric vehicles as a way to clear China’s smog-choked cities and as an engine for economic development. “We really haven’t seen non-Chinese companies get into this super-technology market,” said Chris Robinson, who…
China cracks down on moneylenders targeting students
China is cracking down on online moneylenders who target university students, following concerns about the largely unregulated industry. A recent government directive has ordered such lenders to suspend all activities wooing student borrowers. The move…
New Beijing Chief Vows to Finally Win Fight Against Pollution
Beijing’s new top official vowed to tackle the city’s smog problem, a simmering cause of discontent among China’s expanding middle class. Cai Qi, the Communist Party chief in the capital, told a gathering of local…
Dead ends on the new Silk Route: Why business with China is risky business
On paper, China’s ambitious initiative to create a network through South Asia, the Middle East, Africa and Europe by building land and sea links appears an ideal vision to boost global trade and create infrastructure…
METALS-London copper edges up on buoyant China property
(Adds comment, detail, updates prices) MELBOURNE, June 19 (Reuters) – London copper climbed on Monday after China’s property market remained robust in May, but analysts expected prices to stay trapped in a range over the…
China bans more synthetic opioids blamed for US drug deaths
Addressing the news conference, Justin Schoeman, Beijing-based country attache for the U.S. Drug Enforcement Administration, said: “I can tell you that when China controls a substance, (new psychoactive substances) or fentanyl-classed substance … ( read…
China’s month-on-month home price growth remains robust in May
BEIJING Prices in China’s sizzling property market kept pace in May with the previous month, indicating resilient demand despite the imposition of tougher official measures to curb surging prices. Firm price gains highlight the challenge…
Iran, China hold joint naval drill in Persian Gulf
The official IRNA news agency said Sunday’s drill included an Iranian warship as well as two Chinese warships, a logistics ship and a Chinese helicopter that arrived in Iran’s port of Bandar Abbas last week.…
Turbulence on Paris-China flight injures 26
Passengers suffered broken bones, cuts to the scalp and soft tissue injuries, the Xinhua state news agency reported. China Eastern Airlines later said it was crucial passengers wear seatbelts as flights descend. “I was on…
China, Panama diplomatic drive puts business first
PANAMA CITY China and Panama sped up efforts in recent weeks to establish diplomatic ties, urged on by business leaders in both nations who for years advocated cutting the relationship with Taiwan in favour of…
Angry Birds maker Rovio says IPO possible in future
However, Rovio and its owners have not made any decisions regarding a possible IPO,” the company said … (Reporting by Jussi Rosendahl, additional reporting by Cate Cadell in Beijing; Editing by Susan Fenton) ( read…
