China 'deeply disappointed' by IMF snub
Beijing says it is "deeply disappointed" that Washington refuses to back plans to reform the International Monetary Fund to give emerging economies such as China a greater say in the institution.The US...
View ArticleHK leader declares Occupy protest over
Hong Kong's leader has declared an end to more than 11 weeks of sit-in protests by pro-democracy demonstrators after police cleared the last remaining camp and arrested a handful of peaceful...
View ArticleChina gives $2b credit line to Angolan oil
Angola's state oil company Sonangol will benefit from a new $US2.0 billion ($A2.16 billion) line of credit from the Chinese Development Bank to finance new projects, the state oil company says."This...
View ArticleChina moves to keep nuclear work local
BEIJING—When a unit of North Carolina’s Curtiss-Wright Corp. won a roughly US$300 million deal in 2007 to supply components for new reactors in China, industry officials trumpeted China’s nuclear boom...
View ArticleXiaomi invests in Chinese appliance maker Midea
HONG KONG—Xiaomi Inc. of China has invested 1.26 billion yuan (US$203.7 million) in local home-appliances maker Midea Group Co. , in a deal aimed at boosting the smartphone maker’s presence in the...
View ArticleChina ‘voids’ Hong Kong rights
Before Deng Xiaoping opened China to the world, a popular way to glimpse the sealed-off mainland was by peering across the border from Hong Kong. Decades later, that remains a great vantage point. The...
View ArticleChina manufacturing contracts: HSBC
Chinese manufacturing contracted for the first time in seven months in December, HSBC has confirmed, raising questions over growth prospects for the world's second-largest economy.The British banking...
View ArticleChina bank deals soar
Chinese financial firms are buying up overseas assets at the fastest pace in ten years according to Dealogic.There were 30 overseas acquisitions by Chinese financial institutions in 2014 totalling...
View ArticleChina business news digest
EconomyChinaStaff ReporterYour daily digest of the biggest business news in China, translated and summarized every day.China still has 83 million people living under the poverty lineThe world’s second...
View ArticleWhy rule of law in China matters to Australian business
EconomyChinaAndrew LumsdenShould Australian business be interested in The fourth plenum of the 18th Central Committee of the Chinese Communist Party (CCP)? Why does business care that the rule of law...
View ArticleChina to lower some import tariffs
China will lower tariffs on a range of imported items next year, particularly some consumer products and parts to make high-tech devices, to spur domestic demand and promote industrial upgrading....
View ArticleChinese consumer confidence moderates in Dec: survey
Chinese consumer confidence moderated in December but remains above the long-term average as accommodative monetary policy and a rallying stock market help to boost sentiment, according to a private...
View ArticleCanada tightens millionaire visa scheme over corruption concerns
Canada has dramatically slashed its millionaire investor visa program to just 50 slots amid concerns amid some people with criminal links and corrupt officials from China have been using the scheme to...
View ArticleTencent signs China deal with Sony Music
HONG KONG— Tencent Holdings Ltd. ’s latest deal with Sony Music Entertainment highlights the larger battle unfolding among China’s Internet giants to control the country’s potentially lucrative market...
View ArticleChina wants ‘Made in China’ nuclear reactors
BEIJING—When a unit of North Carolina’s Curtiss-Wright Corp. won a roughly $300 million deal in 2007 to supply components for new reactors in China, industry officials trumpeted China’s nuclear boom as...
View ArticleChina plans to ban local government debt from securitized products
SHANGHAI—China plans to ban asset management companies from repackaging local government debt as so-called securitized products, taking another step to contain risk in loans and bonds owed by many of...
View ArticleChina business news digest
EconomyChinaStaff ReporterYour daily digest of the biggest business news in China, translated and summarized every day.Chinese iron ore stockpile drops below 100 million tonnesStockpiles of iron ore at...
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The Chinese dream for higher education and the dilemma it presents
EconomyChinaJosh Morgan & Bin WuThe number of university students in China, including those in part-time higher adult education, expanded from 12.3m students in 2000 to 34.6m in 2013. China has...
View ArticleThe reign or reining in of Chinese monopolies
EconomyChinaPatrick WilliamsEast Asia ForumSurprise raids by Chinese government officials on the offices of major multinationals in China to catch out monopolistic business activity have created...
View ArticleChinese minimum wage growth slows in 2014
Growth in minimum-wage levels across China appeared to have slowed this year, amid low inflation rates and a slowdown in the world's second-largest economy, a labour watchdog says. Just 20 of the 32...
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