BEIJING (Reuters) – China’s banking regulator has ordered shareholders that have acquired more than five percent stakes in commercial banks through the use of financial products like insurance and asset management schemes to reduce their…
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China silences critics of move to make Xi president for life
However, a 35-year old IT industry worker surnamed Huang said her friends were concerned about China returning to the Mao era. “I saw on (state broadcaster) CCTV’s evening news that they were saying everyone fully…
China accuses Trump of damaging global trade
China’s Commerce Ministry said it “firmly opposes” Trump’s move … Traders also were encouraged by news Trump might meet North Korean leader Kim Jong-un. South Korea’s trade minister, speaking at an emergency meeting, appealed to…
China Metal Producers Urge Beijing to Retaliate on U.S. Tariffs
SHANGHAI/BEIJING — China’s metals industry issued the country’s most explicit threat yet in an escalating trade spat with the United States, urging Beijing to retaliate by targeting coal and other sectors that are key to…
China looking to be more active in regional, global diplomacy
BEIJING – China wants an eight-nation group it and Russia have dominated … to maintain peace and stability in our region and beyond,” Wang told reporters at a news conference held on the fringes of…
China warns of ‘necessary response’ in event of trade war with U.S.
BEIJING (Reuters) – China will respond as necessary in the event of a trade war with the United States, Foreign Minister Wang Yi said on Thursday, while warning that such a war would only harm…
China says no ‘backroom deals’ in new Silk Road initiative
Visiting China in January, French President Emmanuel Macron said Belt and Road could not be “one-way”. Speaking at a news conference on the sidelines of the annual meeting of parliament, Chinese Foreign Minister Wang Yi…
China says resolve to protect peace, stability in South China Sea unshakeable
BEIJING (Reuters) – China’s resolve to protect peace and stability in the South China Sea is unshakeable, Foreign Minister Wang Yi said on Thursday. Speaking on the sidelines of an annual meeting of China’s parliament,…
Phone Fraud Schemes Worsen Beijing-Taiwan Tensions
TAIPEI, Taiwan — Liu Tai-ting was hoping to make money to support his child when he moved to Kenya from Taiwan and joined in what Chinese authorities say was a telephone fraud scheme, posing as…
Trump to push ahead with tariffs, piles pressure on China trade
Adding to the tensions over the tariffs, Trump doubled down on China after news that the U.S. trade gap increased to a more than nine-year high in January, with the shortfall with China widening sharpening.…
China is an even bigger threat than we thought, warns Pentagon official
China’s technologies — which news.com.au has previously reported on — includes multiple independently targetable re-entry vehicles (MIRVs), manoeuvring warheads, decoys, chaff, jamming and thermal shielding. It also includes hypersonic missiles … ( read original story…
Pentagon official warns China is an even bigger threat than we thought
China’s technologies — which news.com.au has previously reported on — includes multiple independently targetable re-entry vehicles (MIRV manuevering), mwarheads, decoys, chaff, jamming and thermal shielding. It also includes hypersonic missiles … ( read original story…
India-China bilateral trade hits historic high of $84.44 billion in 2017
BEIJING: The India-China bilateral trade reached $84.44 billion last year, an historic high notwithstanding bilateral tensions over a host of issues including the Doklam standoff. A rare novelty of the bilateral trade otherwise dominated by…
