BEIJING China’s economy generally remained on solid footing in May … Beijing is expected to handily meet its annual 6.5 percent economic growth target without too many bumps, good news for President Xi Jinping ahead…
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Panama cuts ties with Taiwan in favour of China
These are external links and will open in a new window Panama has cut long-standing diplomatic ties with Taiwan in favour of establishing relations with China, in a diplomatic coup for Beijing. The Panamanian government…
Taiwan: How China is stealing the island’s diplomatic allies
The island’s allies are being picked off by China in what Taiwan derisively calls a “diplomatic money game”. Sao Tome and Principe, one of Africa’s smallest states, cut ties in December. Panama, a longstanding partner,…
IMF urges China to speed up action on mounting debt
The International Monetary Fund urged China on Monday to speed up reforms meant to slow … of the economy could eventually lead to sharp adjustment,” said Lipton at a news conference. Communist leaders have promised…
China reasserts hard line on Taiwan after Panama’s switch
BEIJING (AP) — China is reasserting its hard line on Taiwan following Panama’s switching of diplomatic recognition from Taipei to Beijing. Spokesman for the Cabinet’s Taiwan Affairs Office Ma Xiaoguang told reporters Wednesday that there…
China c.bank asking Shanghai lenders if tighter rules impacting credit quality -sources
SHANGHAI, June 14 The Shanghai branch of China’s central bank is asking city lenders for information on asset quality, credit needs and potential risks on top of what all Chinese banks are preparing for a…
China overturns rejections of 9 Trump trademarks
But that’s just procedural. Substantively, it’s impossible to say whether any of this is unusual.” China’s Trademark Office did not respond to requests for comment Wednesday. The new provisional approvals further shore up the president’s…
China stocks fall ahead of possible probe into financial boss
Hong Kong shares also dropped, as investors braced for a likely U.S. rate hike later in the day, and awaited clarity on the Federal Reserve’s future policy. Some investors also think a U.S. hike will…
China stocks fall on Anbang tumult, weak investment data; Hong Kong eyes Fed
Anbang-invested shares – including Financial Street Holdings , China Vanke, China Merchants Shekou , Gemdale and China State Construction Engineering – all dropped sharply. Confidence was further dented by China’s tepid investment data for May,…
China-backed bank boasts rising lending power
Beijing (AFP) – The China-backed Asian Infrastructure Investment Bank expects to more than double its lending power for regional projects over the next five years, a top executive said, denying it was an arm of…
Panama’s business chiefs hope for big return from new ties to Beijing
PANAMA CITY Panama’s business community on Tuesday cheered the Central American country’s decision to establish full diplomatic ties with China and ditch Taiwan, hoping to deepen links with a key customer of the nation’s shipping…
China has a worrying habit of making business leaders disappear
Anbang Insurance Group owns the Waldorf Astoria in New York. Its chairman has reportedly been detained by Chinese authorities. A top executive suddenly dropping off the radar would be alarming for any company. But in…
Trump Adds More Trademarks in China
The latest trademarks expand Mr. Trump’s business interests in China, the world’s second-largest economy and a country he frequently blamed during the election campaign for the decline in American industrial jobs. Since taking office, he…
