In an effort to improve relations and reverse a recent sales slump, Ford is preparing for a new product blitz and a campaign to localize management in China, according to Peter Fleet, head of Ford’s…
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China names former missile force commander defense minister
BEIJING – China has appointed a former missile force commander as its new defense minister. Lt. Gen. Wei Fenghe’s naming as the international face of China’s rapid military modernization was among a series of appointments…
For China corn farmers, prices trump policy ahead of planting
BEIJING (Reuters) – China’s farmers are expected to plant more corn this year, eyeing higher prices and profits despite a push to reduce acreage devoted to the cereal under the government’s latest five-year plan. Corn…
Beijing to further optimize business environment
Beijing plans to further optimize the business environment, in a bid to stimulate market vitality and social creativity, the city announced at a press conference on March 18. The Beijing Municipal Commission of Development and…
China’s powerful central bank has a new leader
China’s Shanghai Composite stock index was trading flat Monday morning following the news. China’s central bank — like the US Federal Reserve — plays a key role in the smooth running of the country’s economy.…
China appoints US-trained central banker
BEIJING – A U.S.-trained economist was appointed Monday to succeed the longtime governor of China’s central bank, Zhou Xiaochuan, at a time when the ruling Communist Party is trying to reduce financial risks and surging…
China’s ‘silver fox’ foreign minister promoted
BEIJING (Reuters) – Chinese Foreign Minister Wang Yi retained his job and was also promoted to a state councillor on Monday, meaning he now has the country’s two top diplomat roles, in a vote of…
China elects key economic team, Xi confidante Liu He named a vice premier
With Yi’s background and his reputation of being pro-reform, his nomination would be good news for foreign investors, Xie also said. Zhou, 70, who is China’s longest-running central bank head, having taken the job in…
US-educated Yi Gang becomes head of China’s central bank
US-educated economist Yi Gang has been named the next governor of China’s central bank, replacing Zhou Xiaochuan. Mr Yi joined the People’s Bank of China (PBOC) 20 years ago and has been its deputy governor…
China’s next economic czar: Harvard-trained Xi adviser
But he has no experience fighting the bureaucratic battles the post can require. (AP Photo/Markus Schreiber, File) BEIJING/March 18, 2018 (AP)(STL.News) —China’s next economy czar is a Harvard-trained supporter of free markets who is President…
Beijing city guide: what to see and where to stay in the Chinese capital
China’s capital is full of history – from the unmarked spot on Tiananmen square (see marker 1 on map, below) where a protester faced down military tanks, to its 14th-century imperial palaces. But Beijing is…
China promoting foreign minister as state councilor
Wei Fenghe, who already sits on the Central Military Commission which runs China’s armed forces, has been nominated for defense minister, while Chen Wenqing will retain his job as minister of state security. The list…
China’s propaganda machine kicks into overdrive after Xi Jinping’s re-election
BEIJING, March 18 (Reuters) – With pictures of ecstatic citizens standing in applause, tearful legislators and even a social media game, China‘s propaganda drive has kicked into high gear following Xi Jinping‘s unanimous reappointment as…
