Huawei's South Korea contract concerns US
AAPTop US officials have expressed concern at reports that Chinese telecoms giant Huawei is set to build a new broadband network in South Korea that Washington sees as a possible spying risk.Huawei,...
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Cashed up China Inc needs to spend
EconomyChinaPeter CaiChina’ s foreign exchange reserve stood at just a touch over US$2 trillion in July 2009 when Yi Gang – then a star economic professor – became head of the State Administration of...
View ArticleKingho Energy Group stages tilt at Carabella
One of China’s largest private mining companies has made a $66 million takeover bid for the ASX-listed Carabella Resources.Kingho Energy Group, which has extensive assets in China, Africa and Central...
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A welcome message from China Spectator's new editor
EconomyChinaPeter CaiDear Readers,My name is Peter Cai. I’m the new editor of China Spectator. My colleague Fergus Ryan will be reporting from Beijing soon.I don’t think it’s necessary for me to tell...
View ArticleBitcoin suffers China setback
APBitcoins have suffered a new setback after China barred its banks from handling the virtual currency.The Chinese central bank said on Thursday that bitcoins did not qualify as a currency. But it said...
View ArticlePalmer dispute hits China relations
The hostile battle between miner and federal MP Clive Palmer and China’s state-owned Citic Pacific has hurt Australia’s business dealings with China, a China and mining sector expert has told The...
View ArticleApple working on China deal
AFPChina Mobile, the world's biggest wireless operator, says it is still negotiating with US technology giant Apple over offering iPhones on its huge network and that a deal has yet to be reached.The...
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Chinese buyers tower over Australian real estate
EconomyChinaRobert GottliebsenWhere China spends its vast $US3.7 trillion foreign reserves is going to dominate asset prices and developments around the world.Right now apartments in Sydney and...
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Prepare for a wave of Chinese private investment
EconomyChinaPeter CaiKingho, one of China’s largest private mining companies, has announced an all-cash tilt at the cash-strapped mining junior Carabella Resources, which has coal assets throughout...
View ArticleChina 'sabre-rattling' on iron-ore price: FMG chief
By Amanda SaundersFortescue Metals Group chief executive Nev Power has dismissed talk the big iron ore producers manipulate spot pricing of the raw commodity, saying China “sabre rattles” over the...
View ArticleFonterra opens up, recovers in China
AAPFonterra's sales in China are nearly back to pre-botulism scare levels and in the ingredients business they are higher, chief executive Theo Spierings says.Mr Spierings has travelled the world in...
View ArticleChinese inflation misses forecasts
Dow Jones Newswires, with a staff reporterChinese inflation rose slightly lower than expected in November, official data shows.The country's consumer price index rose three per cent compared with a...
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Free trade with China, a dangerous deal?
EconomyChinaJames ReillyPrime Minister Tony Abbott says he is confident of securing a free-trade agreement with China within 12 months. “It's time to sign the agreement,” insisted Ian Macfarlane,...
View ArticleWesTrac to buy Caterpillar's Chinese businesses
By a staff reporterWesTrac China Limited, a subsidiary of Seven Group Holdings Ltd, has reached a deal to acquire Caterpillar Global Mining's distribution and support business in provinces where...
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The silver lining in China’s smog
EconomyChinaPeter CaiOne of the hottest topics on Chinese social media recently has been air pollution. Millions of users have posted photos of cities shrouded in a yellow haze and school children in...
View ArticleChina seen as 'confident', 'belligerent'
AAPPeople around the world see China as "confident", "belligerent" and "arrogant", state-run media says, in an unusually direct survey of attitudes towards the country.Only 13 per cent of respondents...
View ArticleYanzhou may get FIRB leeway
China’s Yanzhou Coal Mining Company Ltd may be given leeway on a deadline to sell down its 78 per cent stake in Yancoal Australia, according to The Australian Financial Review.As it stands the...
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Santander buys stake in Bank of Shanghai
AAPSpanish banking giant Santander says it is expanding its presence in China by buying a stake in the major Chinese lender Bank of Shanghai."Banco Santander has reached a co-operation agreement with...
View ArticleHockey removes conditions on Yancoal bid
By a staff reporterTreasurer Joe Hockey has removed certain foreign investment conditions placed on Chinese state-owned enterprise Yanzhou Coal Mining Company that restricted its ownership of Yancoal...
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The politics of China's economic adjustment
EconomyChinaMichael PettisThe past two years have seen a surprising amount of turmoil at the highest levels of the Chinese political establishment. We have seen political alliances re-shuffled,...
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