On November 16, a U.S. Government advisory body, The U.S.-China Economic and Security Review Commission, recommended that “Congress amend the statute authorizing the Committee on Foreign Investment in the United States [CFIUS] to bar Chinese…
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Export groups welcome China trade pact progress
Top goods imports from China are clothing, cellphones and computers. • Top services imports are other business services, other personal travel and transportation services ( read original story …)
China Mobile and Huawei Launch FDD/TDD Converged Antenna Solution
[Shenzhen, China, November 21, 2016]China Mobile and Huawei recently unveiled the co-developed FDD/TDD Converged Antenna solution, complete with a series of pilot tests conducted in multiple cities in China. This innovative solution enables a single…
China's Fosun builds stake in Portugal's biggest bank
LISBON, Portugal – Shares in Banco Comercial Portugues, Portugal’s biggest listed bank, have surged after China’s Fosun took a stake that has made it the bank’s biggest shareholder. BCP S.A. shares were up more than…
Beijing to ban polluting cars during smog alerts
BEIJING Beijing will next year ban highly polluting old cars from being driven whenever air quality alerts are issued in the city or neighboring regions, the city’s environmental protection bureau said on Monday. China has…
China will not shut the door on globalisation, president Xi Jinping vows
China will not “shut the door” on globalisation, despite Donald Trump’s threats to abandon free trade deals and slap tariffs on the world’s second largest economy, president Xi Jinping has vowed. Mr Xi described Mr…
Philippines president to declare disputed area in South China Sea a no-fishing zone
MANILA, Philippines – Philippine President Rodrigo Duterte has decided to issue a formal order declaring a sprawling lagoon in a disputed South China Sea shoal a maritime sanctuary where Filipinos and Chinese will be prohibited…
CreditEase Founder & CEO: Financial Technology and Innovation Critical to Continued Growth of Global Industry
“China’s fintech market is the largest in the world … When we were starting out, CreditEase volunteered to work with financial institutions to make our business more secure. By working with the banks, all transactions…
Fintech VC investment in China Remains Unaffected by Global Decline in Start up Investment: Report
(Photo : Getty Images) China continues to attract huge investment from venture capital (VC) investors in financial technology (fintech) space, despite downturn in the global investment across startup companies. This is according to a report…
China gives N12m aid to 1,000 FCT pupils
The Embassy of the Peoples Republic of China in Nigeria has given a N12m financial aid to 1,000 pupils of 200 primary and secondary schools in the Federal Capital Territory. The Chinese ambassador, Mr. Zhou…
China Warns Trump On Trade, Calls For Massive 21-Nation Pact
(Photo: Reuters/Mariana Bazo) Xi said that China has contributed to 40 per cent of global growth since the global financial crisis. China’s economy is now cooling as it seeks to rebalance growth away from exports…
PICS: China tackles its trash challenge
Wujiang, China – Thousands of tons of urban waste are hidden behind scrubbed white walls at a new power plant on the outskirts of the Chinese city of Wujiang, with even its chimney disguised as…
Boycott China? Dragon now angel for Indian startups
But in the startup world, India and China are drawing closer. Chinese firms and funds have become big investors in Indian startups+, and they are becoming particularly useful now as US funds slow down. Beijing…