BEIJING China’s central bank on Wednesday rejected a media report that the yuan had weakened beyond the 7.0000 per dollar level in the onshore market on Dec. 28, calling the report “irresponsible”. The yuan traded…
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China’s Currency Drops But Pressure Still Builds
What was notable about China’s currency in 2016 wasn’t that it had its worst … taking the currency on a round trip to levels last seen before the global financial crisis. But in the grand…
China Authorities Propose Tighter Rules on How Insurers Invest in Stock Market
Chinese authorities are proposing tighter rules governing how insurers invest in the stock market, in an effort to keep check on practices they believe put the country’s broader financial system at risk. Proposals released by…
China's cash-strapped LeEco in talks to gain $1.4 billion from investor
SHANGHAI/HONG KONG China’s cash-strapped LeEco said it is in talks to secure … but the announcement was seen as insufficient to dispel concern over the high-tech conglomerate’s financial health. Led by tycoon Jia Yueting, LeEco…
Platts China Oil Analytics – China Apparent Oil Demand Inched up 1% Year over Year in October
China’s apparent oil demand in October 2016 edged up by 1.1% from the same month last year to 11.12 million barrels per day (b/d), according to an analysis of Chinese government data by S&P Global…
Is China’s growing debt burden a crisis in the making?
(tmsnrt.rs/2hMAvzX) The story begins in 2009, when China launched a $600 billion economic stimulus program during the global financial crisis. It unleashed a wave of borrowing by state firms that is proving to be a…
China Hushen 300 index futures close higher Thursday
The index futures was launched at the China Financial Futures Exchange (CFFEX) and started trading from April 16, 2010. The CFFEX has set the base value for all the contracts at 3,399 points. (This article…
Central bank adviser says China needs property tax: report
BEIJING China needs a real estate tax to control rising property prices and narrow the gap between rich and poor, Fan Gang, a member of the central bank monetary policy committee, was quoted as saying.…
China Unicom IT Industrial Operation Center
The architects von Gerkan, Marg and Partners (gmp) won the international competition for the new construction of an IT industrial operation center with adjacent high-rise office block in Guangzhou for China Unicom back in June…
Beijing open to Vatican talks but Catholics must be patriots, China’s religious head says
BEIJING—China’s head of religious affairs said that Beijing is willing to have constructive dialogue with the Vatican but stressed that Catholics should “hold up high the flag of patriotism” and adapt Catholicism to Chinese society.…
China plans to land probes on moon and Mars by 2020
China vowed Tuesday to speed up the development of its space industry as it set out its plans to become the first country to soft land a probe on the far side of the moon,…
China says they will launch first Mars probe by 2020
A Chinese Long March 2F rocket climbs away from the Jiuquan Satellite Launch Center in China’s Gobi Desert, boosting two astronauts toward orbit. They plan to spend a month aboard the recently launched Tiangong-2 space…
Huawei & China Mobile Sign a Strategic Cooperation Agreement on Smart Home
Recently, the China Mobile Global Partner Conference 2016 was held in Guangzhou, China. During the event, Huawei and China Mobile Communications Corporation (hereinafter referred to as China Mobile) signed a strategic cooperation agreement on smart…
