China raises short-term interest rates in fresh tightening sign

China’s central bank surprised financial markets on Friday by raising short-term interest rates on the first day back from a long holiday, in a further sign of policy tightening as the economy shows signs of steadying. While the rate increases were ... ( read original story ...)

Correction: Trump-China story

BEIJING, China - In a story Jan. 21 about reactions to Donald ... "It's really uncertain whether he can properly run the U.S.," Wei said. "A business person can run a country very well, but he can also do a very bad job." On a visit to Beijing, Dunkin ... ( read original story ...)

China service trade deficit rises in December

BEIJING - China's foreign service trade deficit continued to grow last month, the State Administration of Foreign Exchange (SAFE) said Thursday. The deficit stood at $26.1 billion in December, up from $25.4 billion in November and $20.9 billion in October ... ( read original story ...)

China tourism revenue surges in week-long holiday

BEIJING - China's tourism industry raked in 423.3 billion yuan ($61.7 billion) in revenue during the Lunar New Year holiday, as more affluent people become increasingly keen to travel. The volume marked a year-on-year increase of 15.9 percent, according to ... ( read original story ...)

The stocks linked to China’s missing tycoon Xiao Jianhua

Xiao Jianhua (肖建華), ranked 32nd with his wife on Hurun’s China Rich List 2016, is estimated to be worth US$5.97 billion. A Peking University graduate, he founded his business in 1993 through three closely held units Baotou Beida Tomorrow Resource ... ( read original story ...)

China Stocks Fall as Central Bank Tightens Policy

China stocks snapped a five-day winning streak on Friday after Beijing unexpectedly raised short-term interest rates on the first trading day after the Lunar New Year holiday, in a further sign it has moved to a tightening policy bias. Continue Reading ... ( read original story ...)

3 of 5 Most Valuable Global Bank Brands Are Chinese

In a new ranking of the world’s top banking brands, a China-based bank tops the list for the first time, while two more Chinese bank brands nabbed a spot in the top five and a total of four made the top 10 list. The top ranked bank brand is Industrial ... ( read original story ...