China’s three-decade economic boom, marked by gravity-defying double-digit growth rates, has been accompanied by a sharp increase in income inequality, according to a new study from French economist Thomas Piketty. “China’s inequality levels used to…
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China just went full-on Big Brother on its credit card system
The banks will report that data to the State Administration of Foreign Exchange (SAFE) daily. This a reminder that, though China has been quiet, all is not well. Officials are doing this because downward pressure…
U.S. to China: Free men who probed shoemaker for Ivanka Trump
WASHINGTON — The State Department called Monday for the immediate release of three labour activists who investigated a Chinese company that produced Ivanka Trump shoes in China. The Associated Press reported that the men were…
China must rein in rapid growth in local govt debt — economist
BEIJING: China must rein in rapid build-up in local government debt and should implement reforms at the local level to raise transparency and let market forces play a bigger role, an influential government economist said…
China’s flexible in how it deals with yuan value
Will China ever float its yuan? Officially, there is no peg to the US dollar. However, the People’s Bank of China (PBOC) maintains the value of the yuan within a certain upper and lower limit…
China plans to halt issuing new electric vehicle permits, sources say
China plans to halt issuing permits to produce electric vehicles because of concern additional approvals may lead to a glut in the world’s biggest auto market, according to people with knowledge of the matter. The…
Chinese securities regulator slows IPO approvals to bolster market confidence
Less than two weeks ago, the CSRC unveiled rules broadening sell-off restrictions to all pre-IPO investors and tightening stock sales carried out by major shareholders through block trades. China’s stock regulator often slows down or…
China Looks to Capitalize on Clean Energy as U.S. Retreats
China is capitalizing on the leadership vacuum left after President … Extremely cheap Chinese panels have driven dozens of Western companies out of business, including several more in recent months. Chinese players like JinkoSolar and…
USTR Keeps China on Watch List for IP Issues
The SPC selected the Beijing IP court as its research base on case guidance and precedent. US-China Business Council (USCBC) member companies report the IP courts are staffed by capable jurists with broad technical expertise,…
10 most valuable global brands: 9 American, 1 Chinese
The 10 most valuable brands in the world have been jostled by a new entrant: China’s Tencent. BrandZ’s annual ranking of top global brands has traditionally boasted American companies with global recognition. So it’s a…
China State-owned enterprises to be divided into three categories
China Business News reported. Peng Huagang made these remarks at a news briefing held by the SASAC on Friday, and said the function of State assets investment and operating companies will be clarified gradually. State…
STX Entertainment CEO Hints at IPO
STX Entertainment, the Hollywood start-up studio backed by Chinese investors, could be headed for an IPO to help the company expand more … Bloomberg TV at the JPMorgan Global China Summit in Beijing on Monday…
Translating a Brand: China vs. the World
When it comes to cultural and linguistic differences, few regions stand as far apart as China and the Western world – the US in particular. One is a communist state that prioritises cooperation and collectivism,…
