Shanghai-listed Shandong Tyan Home said on Wednesday its negotiations with Barrick Gold Corp to buy the Canadian operator’s 50-per cent stake in Kalgoorlie mine have ended without a deal, citing new capital and acquisition rules…
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China capital outflows stabilized in first quarter as capital controls bite
Expectations for further yuan depreciation have weakened significantly, State Administration of Foreign Exchange (SAFE) spokeswoman Wang Chunying told a news conference. Net foreign exchange sales by China’s commercial banks fell sharply in the first ……
China’s DEADLY new warship fires missiles off coast of North Korea as WW3 fears mount
And it claims a war with the hermit state could happen “at any time” amid rising tensions with Russia and the US. China has been a long time ally of despot Kim Jong-un, but recently…
N.B. shoemaker tries to get China-inspired shoes off on right foot
The goal isn’t to compete with Nike but to fill a niche market. Kasdan’s shoe is inspired by two shoes traditionally worn in China. One, worn by martial artists and named Feiyue, means “fly over.”…
China, EU push message of free trade, engagement
Top diplomats from China and the European Union pledged closer cooperation Wednesday, highlighting their common interests in peace and security and pushing a message of free trade and open engagement in contrast to fears that…
China EV makers to take on Tesla's Model 3 through price, local manufacture
SHANGHAI (Reuters) – It’s not due to arrive in China until next year, but already Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch cars to go head-to-head against Tesla Inc’s “mass market” Model…
China claims Interpol has issued a ‘red notice’ for billionaire Guo Wengui
BEIJING — China’s Foreign Ministry said Wednesday that Interpol has issued a “red notice” seeking the arrest of Guo Wengui, a Chinese billionaire who has threatened to expose corruption at the highest levels of the…
China and EU vow to defend free trade at talks in Beijing
China and the European Union agreed to jointly uphold free trade and globalisation after their first high-level talks since US President Donald Trump took office. The two sides discussed a range of issues from trade…
China to launch first cargo spacecraft on Thursday
the Xinhua news agency said on Wednesday. It is designed to dock with the Tiangong 2 space laboratory, or “Heavenly Palace 2”, where two astronauts spent a month in space last October in China’s longest…
China premium car market to grow 50 percent over next decade: Audi CEO
SHANGHAI (Reuters) – China’s premium car market will grow by half over the next decade, the chief executive of high-end automaker Audi AG said on Wednesday, citing growing personal wealth and the emergence of flourishing…
China, EU keen to push message of free trade, engagement
Beijing and Brussels were set Wednesday to hold their first high-level talks since President Donald Trump took office, with both sides eager to push a message of free trade and open engagement in contrast to…
China’s Premier urges Trudeau to relax controls on high-tech exports
Chinese Premier Li Keqiang used a personal telephone call with Prime Minister Justin Trudeau on Tuesday to press Canada to relax controls on exports of high-technology to China, raising concerns that Beijing could get access…
Beijing again covered in smog and sand as pollution worsens
Beijing has been smothered by a wall of smog and sand drifting in from the Gobi Desert, further spotlighting the need for the Chinese “war on pollution”. Residents wore face masks to protect themselves from…