ZHUOLU, China — The brightly decorated 3-D cinema in this town outside Beijing is showing the latest Chinese and Hollywood films, to row after row of empty red seats. So few people come to watch…
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WEF expects China to be ‘responsible, responsive’ global leader
Xi will deliver a speech at the opening ceremony, and hold discussions with Schwab and guests from business, media and academic circles. Calling China “a strong geoeconomical and geopolitical power,” he said that “in the…
A sharp fall in the yuan, and a trade war with the US: China’s nightmare economic double whammy, according to Deloitte
A sharp fall in the value of the yuan to 7.5 per US dollar and a potential trade war between the US and China have been highlighted as the major challenges faced by Asia and…
China-built electric railway opens up landlocked Ethiopia
A US$3.4bil electrified railway line built by China was officially launched on Tuesday to link the Horn of Africa to its inland countries. The line connects the strategic Red Sea port of Djibouti and Addis…
China gets record $31bn venture investment in 2016 despite global woes
Megadeals in China helped bring a record $31bn in venture-capital investment to the country in 2016 despite a sluggish global economy and a sharp drop in the number of deals, a report showed on Friday.…
China again rejects Trump's suggestion to negotiate Taiwan
BEIJING — China’s foreign ministry on Sunday again rejected President-elect Donald Trump’s suggestion that he might use American policy on Taiwan as a bargaining chip between the two sides. Spokesman Lu Kang said Sunday that…
How more electric cars are sold in China than the rest of the world combined
Denza is a Chinese brand produced by a joint venture between BYD and Daimler. China’s cocktail of pro-electric policies is a challenge for global auto makers, as foreign manufacturers can access subsidies only via joint…
China approves 10 new IPO applications
BEIJING, Jan. 14 (Xinhua) — The China Securities Regulatory Commission (CSRC) has approved IPO applications for ten companies. The firms will be allowed to raise a maximum of 4.1 billion yuan (595 million U.S. dollars),…
Beijing sets 2017 air pollution goal at more than double WHO's acceptable standard
BEIJING Beijing’s air quality target for 2017 is more than double the acceptable standard set by the World Health Organisation (WHO), the mayor announced on Saturday in the wake of weeks of hazardous air pollution…
Nova Scotia seafood industry gets a boost as China lowers tariffs
The exports to China were valued at $634 million as of October 2016. Global Affairs Canada told CBC News crab, frozen halibut and albacore are among the export products most benefiting from the tariff reductions.…
Trump Open to Lifting Russia Sanctions, Not Committed to ‘One China’ Policy: Report
And, more recently, some news organizations have reported an unverified allegation … time it hits the interest of the country that introduce the sanctions.” The One China policy dates to 1972, when President Richard Nixon…
China, Russia fear the US is boxing them in
They also plan to take countermeasures, but what exactly they consist of was not specified, according to state-run Xinhua news. “We think the US-South Korean decision to deploy the THAAD missile defense system has seriously…
South China Sea: Paul Keating says Rex Tillerson threatening to involve Australia in war
(ABC News) In his statement, Mr Keating rejected Mr Tillerson’s claim that China’s control of access the South China Sea would be a threat to the entire global economy. “No country would be more badly…
