China’s Finance Ministry called the move “a mistaken decision” and labeled concerns about China’s debt “stale news.” It cited the country’s efforts to close excess factories and streamline industries that suffer from overcapacity and ……
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China criticizes S&P credit rating cut as ‘wrong decision’
BEIJING (AP) — China’s Finance Ministry on Friday criticized the cut in the Standard & Poor’s rating agency’s credit rating on Chinese government borrowing as a “wrong decision” and said it ignores the country’s economic…
China’s Mining Industry: An Open Opportunity for Investors
… of the China Mining Association and former vice-chairman of the Geological Society of China, has confirmed that sentiment. He told the Investing News Network that although China is completing the industrialization phase of its…
Motor racing: China, Bahrain may swap places on 2018 F1 calendar
GROVE, England (Reuters) – Formula One is confident China will have a race next season but the grand prix in Shanghai may end up swapping dates with Bahrain, commercial managing director Sean Bratches said on…
China’s credit rating downgraded by S&P
China’s credit rating has been downgraded by Standard & Poor’s (S&P) because of worries over the rapid build up of debt in the country. S&P cut China’s rating by one notch from AA- to A+,…
Minister Chagger addresses Canada China Business Council annual general meeting
Strong people-to-people ties will be the foundation for mutual prosperity and growth, especially during the Canada-China Year of Tourism in 2018 “Canada and China have a long and deep relationship. The many Canadians who have…
China won’t compete even in 50 years – Tevez blasts level of Chinese football
The level of football in China is so poor that it will take the Asian nation more than half a century to compete, according to Carlos Tevez. Carlos Tevez has launched an astonishing attack on…
Duck de Chine: Beijing’s best Peking duck?
(CNN) — When the gong sounds, almost every diner at Beijing restaurant Duck de Chine turns around. That’s because one of the city’s greatest culinary shows is about to begin — the slicing of a…
NHL hoping to make inroads in China with preseason games
Large dehumidifiers were rolled in and the mist eventually cleared, but the NHL has perhaps a bigger visibility problem in China – a country with little tradition of winter sports, hockey included. The league is…
In Shanghai, LA Kings win 1st NHL preseason game in China
SHANGHAI — In the first NHL preseason game played in China, the Los Angeles Kings used a third-period scoring spurt to put away the Vancouver Canucks 5-2 on Thursday. The teams gave the raucous Shanghai…
Canucks pre-season China series part of NHL’s international push
“Where do I get tickets? And when are they released?” he remembered thinking. Pan was born in China but came to B.C. in 2000. Within a year, he’d fallen in love with hockey and the…
Along North Korea’s border with China, an uneasy alliance and a fear of war
I have been to North Korea eight times in the past 12 years, but on this trip, I wanted to explore the reclusive country’s 880-mile border with China. The border largely follows two rivers: the…
Beijing, Shanghai shut down bitcoin exchanges: media
Banking regulators in Beijing and Shanghai have ordered local cryptocurrency exchanges to shut down, state media reported Tuesday, in the latest blow to the once flourishing Chinese market for virtual money. A Beijing-based regulator required…
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