SEOUL, Korea, Republic Of – Asian markets were mixed on Thursday after Wall Street closed at record highs. Data showed that China’s quarterly growth slowed slightly but was in line with expectations. KEEPING SCORE: Japan’s…
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China’s conflicted goals: Freer markets, more party control
China’s ruling Communist Party is expanding its role in business even as it promises freer markets and support for entrepreneurs on the eve of President Xi Jinping’s second five-year term as leader. Party officials are…
China suggests Xi’s political ideology to be elevated in party constitution
the apex of political power in China that is headed by Xi, praised “Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era”, according to the official Xinhua news agency. “The Thought is…
China’s electric car output to hit one million next year: BAIC chairman
BEIJING (Reuters) – China’s electric vehicle (EV) production could touch 1 million units next year and 3 million units by 2020, said Xu Heyi, chairman of carmaker BAIC Group, on Wednesday, likely exceeding a government…
China third-quarter GDP growth likely to cool as property, debt curbs bite
BEIJING (Reuters) – China is expected on Thursday to post a modest slowdown in third quarter economic growth from the previous quarter as the government’s efforts to rein in the property market and debt risks…
Beijing has unveiled a $12 billion airport that’s the biggest in the world — here’s the first look
Beijing is getting ready to unveil a brand new airport that’s set to become the world’s largest. The Beijing Daxing Airport is being built 42 miles south of the Chinese capital. It’s a looming steel…
Tillerson seeks stronger ties with India, chides China
and analysis from ABC News. Secretary of State Rex Tillerson called Wednesday for the U.S. and India to expand strategic ties. He also pointedly criticized China, which he accused of challenging international norms needed for…
Beijing must assert authority over Hong Kong’s autonomy in ‘organic way’, Xi Jinping says
President Xi Jinping set the course for Hong Kong and Macau governance on Wednesday, calling for the melding of the central leadership’s authority over the two cities’ high degree of autonomy to be done in…
Beijing puts its foot down on share bikes, regulation looms
The scourge of abandoned share bikes is becoming an international issue, with Beijing forced to ban new schemes after thousands of bikes were dumped across the city. Almost 2.4 million share bikes have hit the…
Beijing’s Animal Lovers Willing to Pay RMB900 for Luxurious Pet Hotels
Beijing’s pet owners are nothing if not devoted. They’re willing to fork out tons of money for cute animal outfits and spend big on elaborate pet funerals. But there’s a new craze among the capital’s…
No One In China Wants To Get Married Anymore, And It’s Making Beijing Nervous
If there’s one thing Cui Shuxin can happily live without, it’s marriage. The 29-year-old, who works as a director in a global public relations firm in Beijing, doesn’t want to tie the knot with her…
How Xi Jinping’s China stacks up with the rest of the world
Hong Kong (CNN)In a pivotal three-hour speech, China’s President Xi Jinping on Wednesday painted a rosy picture of the country’s accomplishments over the past five years. But how does China really stack up with the…
China’s Xi calls on Communisty Party to stand against ‘grim’ challenges
He struck a nationalistic line throughout his speech, calling for the party not only to safeguard China’s sovereignty but also to revitalize Chinese culture, oppose “erroneous” ideology and promote religion that is “Chinese in origin.”…
