China has begun to ease its monopoly on the salt market, overhauling a system which has been in place for more than 2000 years, under emperors and communists alike. Production and sale of salt has…
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China begins to ease its 2,000-year-old monopoly on salt
BEIJING — China has started an overhaul of its salt industry, easing a monopoly that has existed in some form for more than 2,000 years and predates the Great Wall. New regulations went into effect…
'China freight train' in first trip to Barking
China has launched a direct rail freight service to London, as part of its drive to develop trade and investment ties with Europe. China Railway already runs services between China and other European cities, including…
China’s economic rebalancing is making progress, but there’s still more to do
The September visit of Prime Minister Justin Trudeau to China was a success, on many levels, and signalled renewed Canadian interest in stronger commercial links. The uncertainty about trade relationships as a result of the…
China state broadcaster rebrands in international push
BEIJING – State broadcaster Central China Television has rebranded its international networks and digital presence under the name China Global Television Network as part of a push to consolidate its worldwide reach. CCTV on Friday…
China takes new step to downgrade the dollar's prominence
China took another step to degrade the US dollar in defining the value of its currency in an effort that cuts against its rival’s stubbornly strong hold on the global financial system. An arm of…
China Reassures Homeowners Worried About Land Rights
BEIJING — China has clarified for the first time a closely watched issue over land rights that has caused uncertainty for the millions of Chinese who park their wealth in their homes. Chinese officials said…
China promises strong support as Sao Tome pitches for business
BEIJING China promised strong support on Monday for its newest friend in Africa, the former Taiwan ally Sao Tome and Principe, whose foreign minister made a pitch for Chinese firms to invest in his “tranquil”…
‘Made in China’ label no longer cheap and nasty
Meanwhile, China’s booming middle class is demanding quality and sophistication, and that could mean a $140 billion payday for the Australian economy, experts predict. Rich Chinese are now the target customer for any Aussie business,…
China’s New Ride-Hailing Rules Focus on Where Drivers Call Home
He eventually found one in a different sector: driving cars. China has created its own local versions of Uber and Lyft, and the ride-hailing business is booming. But now Mr. Luo — and potentially tens…
China set for slower growth as government targets asset bubbles
China’s economic growth is expected to cool in 2017 as its top leaders flag tighter monetary policy and further curbs to clamp down on asset price bubbles, especially in the property market, even as a…
'This is militarization': We finally know what China's mysterious hexagonal structures in the South China Sea are for
so every day that China continues to make use of those facilities it is violating international law,” Poling told Business Insider in a previous interview. ( read original story …)
Obama administration launches trade challenge against China
WASHINGTON _ The Obama administration has launched its 15th challenge against China at the Word Trade Organization, alleging it is unfairly limiting American farmers’ ability to export rice, wheat and corn. During China’s accession to…
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