BEIJING • One of the largest sperm banks in Beijing has set loyalty to the Communist Party as a prerequisite for donors, in a sign that China’s increasing emphasis on ideological training is being extended…
Tagged By finance
‘New world order’ could stem from US-China trade battle
“The signal must be there is a new order emerging, and how that new order emerges will depend upon the wisdom, the patience and the understanding of the top leaders,” Andrew Sheng, chief advisor at…
China has the ‘financial arsenic’ to ruin the US – but will it use it?
“To take China down would mean an unimaginably cruel battle for the US,” China’s Global Times said. Even a small dose of this financial arsenic would – in the minds of Beijing’s ultra-nationalist faction -…
China is massively betting on coal outside its borders — even as investment falls globally
Chinese financial institutions are the world’s largest investor of … Road Initiative — an infrastructure and investment program widely seen as an attempt by China to construct a massive, multi-national zone of economic and political…
China sperm bank demands Communist Party loyalty from donors
A Beijing sperm bank has demanded loyalty to the Communist Party from all potential donors. Peking University Third Hospital said in a statement on its WeChat web page on Wednesday that donors must “love the…
China vows to ‘counterattack’ US as trade spat worsens
Global financial markets had fallen sharply as the world’s two biggest economies squared off over Beijing’s aggressive trade tactics. They calmed down Wednesday and Thursday on hopes the U.S. and China would find a diplomatic…
China becomes a ‘driving power’ for solar energy with $86.5 billion invested last year
and Bloomberg New Energy Finance. It also found that 98 gigawatts (GW) of new solar capacity was installed in 2017. What’s more, solar power attracted $160.8 billion of investment, more than any other technology. China,…
China sperm bank demands loyalty to Communist Party
Beijing’s only sperm bank has set loyalty to the Communist Party as a prerequisite for donors, in a sign that China’s increasing emphasis on ideological training is being extended to the womb. The bizarre requirement…
China says will fight back ‘at any cost’ against U.S. trade tariffs
China has repeatedly vowed that it would open up sectors such as financial services. President Xi Jinping next week is expected to unveil fresh measures on reform and his country’s opening up at the high-profile…
Reserve Bank of Australia worried about China’s debt bomb
China’s rapidly growing pile of debt has long been regarded as one of the biggest risks to the global economy. However, despite loud predictions from the likes of hedge fund manager Jim Chanos and investor…
How China’s economy grows even as credit tightens
Why is it important to reduce debt? Although China’s economy can seem like a juggernaut, it’s a leading candidate for a banking crisis, reckons the Bank for International Settlements. Few things would threaten economic and,…
U.S., China rivalry poses risks, benefits for Latin America
The March 24 ceremony celebrated the Washington-based Inter-American Development Bank’s (IDB) choice to hold its next annual meeting in Chengdu, China, a decision criticized by the United States, whose regional influence has been increasingly challenged…
China’s drive to restore its lost greatness
Since the Asian Infrastructure Investment Bank tweeted last week that Canada is now officially a full member, it hasn’t exactly made headlines. This is ostensibly a prelude for trade talks with China in an increasingly…