Hon Hai plans Apple facility in Taiwan
Taiwan's tech giant Hon Hai says it plans to invest about $Tw80 billion ($A2.8 billion) for a new smartphone display facility on the island, reportedly to manufacture mainly Apple products.Hon Hai...
View ArticleHSBC denies China bank portal block
HSBC has denied reports that its banking portal has been blocked in mainland China saying its service was only briefly disrupted by a “technical issue” in late September. Greatfire.org, a group which...
View ArticleThe long march to the China FTA
EconomyChinaPeter CaiWhen Trade and Investment Minister Andrew Robb was about to walk into a meeting at Deakin University to talk about the Competitiveness Agenda last Thursday, he got a long-awaited...
View ArticleChina cuts rates as growth slows
China has cut lending rates for the first time in more than two years, in an acknowledgment that its piecemeal efforts to bolster its flagging growth have failed.The surprise move by the People's Bank...
View ArticleChina says no change in "prudent monetary policy"
China's central bank said on Friday its first interest-rate cut in over two years was not a change from what it calls its "prudent monetary policy" and there was no need for more aggressive measures....
View ArticleHK authorities set to clear Mong Kok 'Occupy' site today
Hong Kong police plan to enforce a court order to clear a pro-democracy protest site in Mong Kok today.“Police are ready to give the fullest support to the bailiffs to execute the court order on the...
View ArticleChina Central Bank cut in rates may be short on impact
BEIJING—China’s move to slash lending rates to address slowing economic growth may lack punch as banks likely will hesitate to lower the cost of loans for fear of hurting their profits.The People’s...
View ArticleLoan ‘guarantee chains’ in China prove flimsy
JIANGYIN, China—When a fabric company called Jiangyin Xueyuan Textile Co. collapsed, the troubles soon cascaded through other firms in this mill town.A machinery maker, paper producer, manufacturer of...
View ArticleUS moves to impose tariffs on Chinese tires
The U.S. took a step Monday toward imposing tariffs on Chinese-made tires in response to efforts by workers in the American tire industry to prevent jobs from moving to China.The U.S. Commerce...
View ArticleChina's rich want to send children abroad for education
80 per cent of Chinese millionaires want to send their kids to study overseas, according to a report from Hurun.According to the report, 3.05 million Chinese students studied abroad between 1978 and...
View ArticleFurther interest rate cuts expected: Chinese bank
One of China’s leading domestic investment banks, China International Capital Corp, predicts the central bank will cut interest rates further or lower the capital reserve ratio to address the problem...
View ArticleChina weighs ban on tobacco advertising
China’s State Council is considering a nation-wide ban on smoking indoors as well as at major sporting venues and other public spaces.The proposed new law also stipulates that tobacco-packaging needs...
View ArticleChina business news digest
EconomyChinaStaff ReporterYour daily digest of the biggest business news in China, translated and summarized every day.China's rich want to send children abroad for education80 per cent of Chinese...
View ArticleChinese province welcomes Valemax
The Communist Party secretary of Jiangsu province has expressed his approval to allow a 400,000 tonne Valemax super commodities carrier to dock at ports in Jiangsu province according to...
View ArticleChinese direct FDI soars 40 per cent a year
Chinese foreign investment increased 40 per cent a year over the 11 years between 2002 and 2013, according to data from the Ministry of Commerce, the National Bureau of Statistics and The State...
View ArticleChina’s aspiring global leadership
East Asia ForumThis geopolitical summit season has consolidated ongoing trends in international affairs. A still-rising China with global leadership aspirations, a resurgent Russia bent on restoring...
View ArticleBritish lawmakers cancel visit to China after visa ban
A group of UK lawmakers have called off a trip to China after one MP was refused a visa in retaliation for staging a debate on the pro-democracy protests in Hong Kong.According to the Guardian,...
View ArticleWhat’s motivating China to join the global climate change fight?
EconomyChinaPeter CaiAt the 2009 Copenhagen climate talks, former Prime Minister Kevin Rudd used profanities to savagely attack the Chinese government over its stance on reducing carbon...
View ArticleShorten commits Labor to China bank
A federal Labor government will sign up to the Asian Infrastructure Investment Bank.Opposition Leader Bill Shorten says the Abbott government has missed an opportunity to sign up to the Chinese-led...
View ArticleChinese consumer sentiment remains at record low levels
Chinese consumer sentiment has stabilised in November but remained close to the three-year low seen last month, according to a private survey.The Westpac MNI China consumer sentiment indicator edged...
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