China’s central bank said on late Monday it would tighten supervision of shadow banking businesses by including off-balance sheet wealth management products (WMPs), widely viewed as a source of financial risk, into its risk-assessment framework…
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China Mobile 4G subscriber base reaches 509 mn in Nov
China Mobile today said its 4G subscriber base reached 509.831 million in November 2016 from 497.327 million in October. Reliance Jio Infocomm, the largest 4G operator in India, has 52 million 4G subscribers for its…
China returns underwater drone to U.S. after incident last week
China’s Defence Ministry said on Tuesday it had returned to the United States a U.S. underwater drone taken by a Chinese naval vessel in the South China Sea last week. “After friendly consultations between the…
Hundreds of flights cancelled in China due to heavy smog
China has long faced some of the worst air pollution in the … “You can easily find the large deployment [of smog] in the regions south of Beijing.” On Sunday, news websites said the number…
U.S., China continue talks over returning seized drone
WASHINGTON — U.S. military conversations continue with China to gain the return of an unmanned underwater drone that was seized by the Chinese Navy last week, the Pentagon said Monday. Pentagon press secretary Peter Cook…
China disputes U.S. claim that it’s the top source of synthetic drugs
BEIJING — U.S. assertions that China is the top source of the synthetic opioids that have killed thousands of drug users in the U.S. and Canada are unsubstantiated, Chinese officials told the Associated Press. Both…
China returns seized US sea drone
This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. If you want to receive Breaking News alerts via email, or on a…
Pentagon says talks continue with China to gain return of Navy drone
He provided no other specifics. A Defense Department official tells CBS News correspondent Adriana Diaz the plan is to return the drone in the South China Sea, near the contested Scarborough Shoal. The hand-off should…
China returns underwater drone to U.S., Pentagon says
WASHINGTON – China has returned to the U.S. an unmanned underwater drone the Chinese Navy seized unlawfully last week in international waters, the Pentagon said. China’s defence ministry said it handed the drone back after…
North China on ‘red alert’ over choking smog
China’s air pollution is blamed on its reliance on coal and … The smog had earlier grounded flights in some cities and closed highways due to low visibility. On Sunday, news websites said the number…
China's famous elevated bus is now just a giant roadblock
The company behind the bus, TEB Technology, was supposed to restore the 330-yard-long test site to its original state by the end of August, according to China’s official state news agency Xinhua. But that never…
A Primer On Chinese Financial Data Quality
There are empirical measures for assessing the quality of financial data. A specific set of institutional arrangements disincentivizes China’s market participants from producing, disclosing, and demanding high-quality financial information. Understanding … ( read original story…
China to include off-balance sheet wealth products in risk assessment – sources
The People’s Bank of China (PBOC) will include WMPs in macro-prudential assessments starting in the first quarter of 2017, the sources said, potentially requiring banks to put aside more capital. The PBOC also urged financial…
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