Date
24 April 2018

Greater China

  • China expensive but profitable for US execs, WSJ says

    Oct 10, 2013 3:20pm
    Rising costs in China are the biggest concern of US corporate executives in the country, the Wall Street Journal reported on Thursday, citing a survey conducted by the US-China Business Council. Labor costs, in particular, have...
  • Kerry assures Li on end to US fiscal crisis, SCMP says

    Oct 10, 2013 3:16pm
    United States Secretary of State John Kerry has assured Chinese Premier Li Keqiang about Washington’s commitment to ending a fiscal impasse that has brought the government to a partial shutdown, the South China Morning Post reported...
  • Li says China GDP growth exceeded 7.5% in 9 mths, Bloomberg says

    Oct 10, 2013 3:01pm
    Premier Li Keqiang {李克強} said China’s economic growth probably exceeded 7.5 percent in the first three quarters of the year, Bloomberg reported Thursday. The economy has “shown stronger momentum of steady growth” in the past few...
  • China to overtake Japan in household wealth by 2016, paper says

    Oct 10, 2013 11:39am
    China is likely to surpass Japan by 2016 as the world’s second richest country after the United States in terms of total household wealth, the Economic Information Daily said Thursday, citing an annual report on global...
  • Xiamen, Tsingtao, Tianjin planning FTZs, paper says

    Oct 10, 2013 10:38am
    Three major cities — Xiamen, Tsingtao and Tianjin — are planning to open their own free trade zone after Shanghai, Want Daily reported Thursday. Tianjin and Tsingtao have submitted their plans to the State Council. Xiamen...
  • Mainland migrants good for Hong Kong, paper says

    Oct 10, 2013 9:34am
    Mainland migrants are needed for Hong Kong’s development, the South China Morning Post reported Thursday, citing a commentary in Communist Party mouthpiece People’s Daily. Most new migrants earn their living rather than rely on social security and...
  • Chinese firm launches Myanmar charm offensive, WSJ says

    Oct 10, 2013 9:25am
    A Chinese mining company is embarking on a public relations and social spending spree in Myanmar in an attempt to revive a business relationship that cooled after environmental protests by local communities shut down the company’s...
  • Capital account liberalization should be gradual, paper says

    Oct 10, 2013 9:11am
    China should take a gradual approach to the liberalization of the capital account to avoid financial risks, China Securities Journal reported Thursday, citing Yu Yongding {余永定}, a senior fellow on world economics and politics in the...
  • POLICY WATCH: Xi, Ma race against turning cross-strait tide

    - Oct 10, 2013 6:30am
    The push is on. President Xi Jinping wants Taiwan to finally deal with political issues that have remained unsettled since 1949, when the Communists won the civil war on the mainland. The goal is to realize...
  • Bo Xilai’s appeal accepted, Jinan court says

    Oct 9, 2013 4:26pm
    An appeal by former Communist Party Politburo member Bo Xilai {薄熙來} against his conviction for bribery, embezzlement and abuse of power has been accepted, the Jinan Intermediate People’s Court of Shandong said in a statement on its...
  • Foreign banks shun Shanghai FTZ amid murky rules, SCMP says

    Oct 9, 2013 3:07pm
    China’s efforts to encourage foreign banks to open branches in the newly established Shanghai free-trade zone have generated lukewarm response, the South China Morning Post reported on Wednesday. So far, only two of some 10 financial...
  • Qingdao plans to build northeast free trade zone, govt says

    Oct 9, 2013 2:52pm
    The coastal Shandong city of Qingdao has unveiled a blueprint to establish a free trade zone by 2020, according to a statement posted on the city’s bureau of commerce late Tuesday. The city submitted plans for...
  • Cabinet orders close watch on poverty funds, paper says

    Oct 9, 2013 2:17pm
    The central government has ordered stricter monitoring of poverty relief funds to protect the interests of people in need, China Daily reported Wednesday. These funds are life-saving money for the poor and a driver for development of...
  • China rejects Turkey missile deal concern, paper says

    Oct 9, 2013 2:11pm
    China has dismissed concerns about Turkey’s decision to co-produce a missile defense system with a Chinese firm, Shanghai Daily reported Wednesday. Beijing accused the United States and other countries of politicizing a purely commercial transaction, the...
  • Henan bans foreign names for buildings, landmarks, SCMP says

    Oct 9, 2013 2:02pm
    Henan province has banned the growing practice of giving foreign or multiple names to buildings and other structures such as office blocks, residential complexes and highways, the South China Morning Post reported Tuesday, citing Dahe Daily....
  • China joins global effort against mercury use, SCMP says

    Oct 9, 2013 1:59pm
    China has begun the phaseout of hospital instruments that use mercury, part of a global effort to eliminate the industrial use of the toxic metal, the South China Morning Post reported Wednesday. Several hospitals in Beijing and...
  • Xinjiang police target online ‘jihad’ talk, SCMP says

    Oct 9, 2013 1:52pm
    Police in Xinjiang are cracking down on people who promote jihad online, the South China Morning Post reported Tuesday, citing Xinjiang Daily. The crackdown comes amid a nationwide campaign against internet rumours that activists say is...
  • Shipping lanes unaffected by South China Sea rows, Xinhua says

    Oct 9, 2013 12:21pm
    Premier Li Keqiang {李克強} said key international shipping lanes have not been affected by the territorial disputes in the South China Sea, Xinhua reported late Tuesday, citing an interview Li conducted with Southeast Asian media. The...
  • IMF lowers China GDP growth forecast to 7.6%, paper says

    Oct 9, 2013 12:12pm
    The International Monetary Fund (IMF) has cut its 2013 growth forecast for China’s economy to 7.6 percent, 0.2 percentage point lower than its July estimate, China Business News reported Wednesday, citing the IMF’s World Economic Outlook...
  • Cabinet lowers barriers to govt tenders, CNS says

    Oct 9, 2013 11:59am
    All government departments must allow social service groups to bid for service contracts in order to introduce competition for the tenders, China News Service reported Wednesday, citing the Ministry of Civil Affairs. The rule takes effect...

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