SHANGHAI (AP) — Australian and Chinese casino employees stood trial Monday on charges relating to gambling, which is illegal in mainland China, in a case that highlights the sensitivity of doing certain businesses in China.…
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China, Canada vow not to conduct cyber attacks on private sector
China and Canada have signed an agreement vowing not to conduct state-sponsored cyber attacks against each other aimed at stealing trade secrets or other confidential business information. The agreement was reached during talks between Canada’s…
China dangles staggering $15bn before Bawumia’s eyes
Returning from his 4-day visit to China, Vice-President Dr. Mahamudu Bawumia said at a Sunday press briefing at the Jubilee lounge of the Kotoka International Airport, Ghana needs to ‘leverage its natural resources.’ Dr. Bawumia…
China’s craving for crayfish creates US$2 billion business
China’s prodigious appetite for crayfish has created a multibillion dollar business in China, large enough to provide a living for five million people. Originally imported by Japanese traders to China’s Nanjing as feed for bullfrogs…
China ready to support Ghana’s economic transformation – Chinese VP
China is prepared to partner Ghana to undertake a massive transformation of the country, Chinese Vice President, Li Yuanchao, has announced. He said China stood ready to pass on knowledge, expertise and assistance to Ghana…
China approves 6 IPO applications
BEIJING, June 24 (Xinhua) — The China Securities Regulatory Commission (CSRC) has approved six IPO applications. They will raise no more than 3.2 billion yuan (470 million U.S. dollars), CSRC said Friday in a statement.…
Billionaires in China lose their fortunes in IPO frenzy
BEIJING • It took just three weeks for Mr Ding Lieming to … their billionaire status amid swings in the country’s initial public offerings (IPOs). The IPO booms and busts, fuelled by a mix of…
China’s domestic car brands start to shine as SUVs set to drive growth
After weighing his options, Guangdong resident Zhihao Huang, 28, decided to go for the GAC Trumpchi instead of a Honda Accord in February. For slightly over 210,000 yuan (US$30,730), he thought GAC’s flagship sport utility…
Billionaire fortunes suddenly vanish in China IPO frenzy
An investor reacts as he looks at screens showing stock market movements at a securities company in Beijing. The IPO booms and busts, fuelled by a mix of government intervention and unbridled speculation, are becoming…
China’s squeeze on capital outflow felt in Cambodia
“The number of scrapped deals is also bound to increase due to Chinese investors’ failure to get the money to pay for a deal out of China or the increasing wariness of foreign parties to…
China’s banking regulator targets firms investing heavily overseas
News of the regulator’s investigations hit shares in some of the companies, which are among China’s biggest blue-chips. Shares in Fosun fell nearly 10 per cent, while HNA stocks were down around six per cent…
China takes delivery of first shipments of American beef in 14 years
BEIJING • China let through the first shipments of beef from the United States in 14 years on Friday, after the two nations agreed to resume the trade in May, state media reported. The imports…
China’s May imports from North Korea 3rd lowest on record
China’s imports of North Korean goods in May fell by more than 30 percent from a year ago, data showed on Friday, the latest sign that China’s ban on coal purchases from the isolated country…
