China’s latest plan to dominate advanced manufacturing marshals billions of dollars in subsidies, investment and other government support that a foreign group says distort the market and may end up wasting a huge amount of…
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Is China retaliating against Lotte missile deal?
China is a crucial market for many South Korean companies, and the food and retail giant Lotte is no exception. The fifth biggest firm in South Korea gets an estimated 30% of its sales from…
Beijing Auto's green car unit plans IPO in 2018
BEIJING The green energy car subsidiary of Chinese automaker Beijing Automotive Group [BEJINS.UL] plans an initial public offering in 2018, Chairman Xu Heyi said on Monday, adding that the unit should be profitable that year.…
Beijing Auto's new energy unit plans IPO in 2018: group chairman
China has aggressively promoted battery electric and plug-in hybrid cars, including spending billions of dollars in subsidies, in an effort to cut heavy urban smog and promote technological innovation in its auto sector. Xu said…
China Brands Reports It Tortured Rights Lawyer as ‘Fake News’
China’s state-run media outlets appear to have been inspired by President Donald Trump’s outspoken Twitter posts and attacks on the media. The People’s Daily, the official newspaper of China’s ruling Communist Party, early Friday tweeted…
New satellite images show inside China’s ghost cities
China still has a startling number of vacant real-estate developments, judging from new satellite analysis by DigitalGlobe and Business Insider. Chinese ghost cities have made headlines for nearly a decade, with huge new real-estate developments…
Senior China government adviser criticizes web censorship
BEIJING, China – A senior Chinese government adviser has warned that the country’s internet censorship is hampering scientific research and economic development, in a rare public criticism of a sensitive government policy. Slow access to…
China's Leaders Expected To Limit Debt
China’s top political body has opened its annual meeting in … It has been another busy week for the BBC’s Business News Team following developments like President Donald Trump’s first address to the US Congress,…
Protests mount in China against South Korea's missile system
which counts China as its key business, sank more than 10 per cent, and tourism companies also fell. AP writers Youkyung Lee and Hyung-jin Kim in Seoul, and researcher Yu Bing and news assistant Liu…
China is showing off its trade war strategy
China’s President Xi Jinping attends a welcoming ceremony for Italian President Sergio Mattarella (not in picture) at the Great Hall of the People in Beijing, China February 22, 2017. REUTERS/Jason Lee SHANGHAI (Reuters) – South…
China roils Korean stocks with travel curbs news
SEOUL – China has the economic power to move markets, and it isn’t afraid to use it. South Korean stock trading offered a case in point Friday, with a selloff in hotels, cosmetic makers and…
China greenlights 10 IPOs
BEIJING, March 3 (Xinhua) — The China Securities Regulatory Commission (CSRC) Friday approved initial public offering (IPO) applications from ten companies. They will raise no more than 7 billion yuan (1.02 billion U.S. dollars), according…
China February service sector growth slows to four-month low: Caixin PMI
The findings echoed a similar softening in growth in China’s official services activity survey released on Wednesday, and contrasted with an unexpected pick-up in growth in its manufacturing sector as export orders rebounded. The February…