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…
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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…
China’s move to slap tariffs on U.S. business jets seen as a boon for Bombardier
MONTREAL/SINGAPORE — China’s plan to slap tariffs on some U.S.-made planes will hit demand for Gulfstream and Boeing business jets but benefit Bombardier and other rivals seeking a larger share of Asia’s biggest market, jet…
China Bank Results Reflect Pressure from Credit Migration
Reported asset quality of Chinese banks improved in the full-year results for 2017, reflecting an improvement in economic conditions and a shift toward retail lending where non-performance is generally lower. However, improvements in core capital…
JPMorgan CEO Jamie Dimon talks China, trade and immigration in his annual letter
WATCH: Yahoo Finance’s Andy Serwer will interview Jamie Dimon live at 9:30 a.m. ET. Stating that “U.S. global engagement is needed more than ever,” JPMorgan Chase CEO Jamie Dimon lays out a case for how…
Chinese finance official explains why Beijing is slapping tariffs on $50 billion in US products
China’s Vice Finance Minister Zhu Guangyao says the country is not to blame for rising protectionism. Zhu’s comments come after China unveiled tariffs on $50 billion of U.S. goods. He argues that these measures were…
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