Laws include placing management of foreign non-governmental organizations under the security ministry and a cybersecurity law requiring that businesses store important business data in China among others. Overseas critics say that these laws give the…
Tagged By beijing
China’s Business Registration Process to Become Easier, Cheaper Following October Digitalization
Companies that would like to setup in China will benefit from a more efficient corporate registration process by the end of October this year. The State Administration for Industry and Commerce (SAIC) released an opinion…
China's Didi to raise up to $6 billion, values firm at $50 billion: sources
Didi Chuxing declined to comment. The last valuation for Didi was $34 billion in August when it agreed to acquire Uber Technology Inc’s China business following a drawn-out rivalry between the two firms. The deal…
Push for South China Sea Code Stirs ASEAN Suspicions About Beijing's Endgame
MANILA — China’s support for finalising a code of conduct in the hotly contested South China Sea is generating some hope in Southeast Asia of settling disputes, but those working out the terms remain unconvinced…
China just launched its first domestically built aircraft carrier
China’s first domestically built aircraft carrier seen at its launching ceremony in Dalian, China, on Wednesday. REUTERS/Stringer BEIJING — China has launched its first domestically designed and built aircraft carrier, state media said Wednesday, as…
China just launched a new aircraft carrier — here's how it stacks up to other world powers'
China cracked a bottle of champagne on the hull of their second aircraft carrier on Wednesday as it took to the seas for the first time as part of a massive push to modernize its…
China's richest man deepens sports foray with global marathons deal
Wanda has helped lead China’s push into organized sports and sports marketing, as the government advances its goal of turning the sector into a 5 trillion yuan ($725.63 billion) business by 2025. Continued… View article…
China sentences American businesswoman to 3 1/2 years in prison for spying
HOUSTON — An American woman detained during a business trip to China was convicted of spying and sentenced Tuesday to 3 1/2 years in prison, raising the possibility that she may be allowed to return…
China jails American businesswoman for spying
Sandy Phan-Gillis, a resident of Houston, has been in custody in China since March 2015 when she was detained during a business trip with officials from Texas. One of her lawyers, Shang Baojun, said she…
China to relax foreign car venture limit
China has provided the clearest indication to date that it plans to lift the cap on how much foreign carmakers can own of their local joint ventures, putting pressure on Chinese carmakers to speed up…
China launches aircraft carrier, boosting military presence
US President Donald Trump has also proposed a 10% increase in the military budget. Chinese state news agency Xinhua said work had started on China’s latest aircraft carrier in 2013. The launch was attended by…
China talking with European Space Agency about moon outpost
BEIJING — Representatives of China and the European Space Agency are discussing potential collaboration on a human outpost on the moon and other possible joint endeavours, according to a spokesman for the European agency and…
China, Sending a Signal, Launches a Home-Built Aircraft Carrier
The first news reports did not give the ship’s name, though previous reports have said it would probably be called the Shandong, after the eastern Chinese coastal province. China launched its first aircraft carrier, the…
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