China

U.S. conducted drill to reject China's claim around artifical island - officials | Reuters

WASHINGTON A U.S. warship carried out a "maneuvering drill" when it sailed within 12 nautical miles of an artificial island built up by China in the …

South China Sea

Beijing isn't pleased with Moody's

Sounding like Tim Geithner and crew circa 2011, China's Finance Ministry accuses Moody's (NYSE:MCO) of using "inappropriate" methodology, and showing …

Chinese Law

UniVision Engineering Eyes Chinese and Asia Markets After Contract Win

LONDON – Shares in UniVision Engineering Ltd rose nearly a third Thursday after the Hong Kong-based closed-circuit television maker said it was considering expanding into China and Australasia.<p>The stock lifted 0.75 pence, or 32%, to 3.1 pence as UniVision said it plans to review the Chinese and …

People's Republic of China

Mongolia receives $5.5bn IMF bailout as central Asian economy tries to fight back from commodity price shock

Mongolia has received the go-ahead on a $5.5bn bailout from the International Monetary Fund (IMF) as the commodity-rich country tries to shore up its …

People's Bank of China

China's State Media Hits Out at Debt Downgrade With a Buffett Quote - Bloomberg

When issuing their rebuttal of Moody’s Investors Service’s downgrade of China’s credit rating, state media didn’t just reel out any old hack, but the …

People's Bank of China

Ballooning Chinese dollar borrowing a dilemma for index trackers

LONDON/HONG KONG (Reuters) - Record-breaking dollar bond sales from Chinese companies are steadily increasing China's weight in global indexes, raising concerns about overexposure among investors who track them.<p>Corporates' rapid move onto offshore bond markets, partly a response to the crackdown on …

Chinese Economy

Chinese Super League set to clamp down on foreign player spending with strict new tax system

Free-spending Chinese Super League clubs will have the cost of foreign players doubled after radical new proposals from the Chinese FA.<p>Loss-making …

Chinese Super League

World's largest floating solar farm, now online in China

When I wrote about China and India being years ahead of their climate pledges, some commenters expressed skepticism. But whatever your views on how …

Sustainability

China, Canada, EU join forces on climate action - without Trump

President Donald Trump still hasn’t made up his mind on whether he’ll keep the United States part of the 2015 Paris agreement, even though everyone …

Climate

World’s largest floating solar farm is now generating energy in China

A 40-megawatt solar farm in the South Anhui province of China is finally online and generating renewable energy. Larger than floating farms in …

Renewable Energy

Watch the first Chinese woman to win a Hugo Award headline an Audi commercial

The Matthew McConaughey treatment<p>Last year, Hao Jingfang, author of <i>Folding Beijing</i><i>,</i> became the first Chinese woman to win a Hugo Award. By day, she’s an economics researcher for the China Development Research Foundation. (She holds her PhD in economics, on top of a degree in astrophysics.) She’s …

Hugo Awards

A Tour of One of China's Chicest Cities

ON THE GENTLE slopes of Futou Mountain, about 35 miles from the Chinese city of Chengdu, a small posse of giant pandas is sleeping in the shade, oblivious to the hundreds of tourists calling out to them, hoping they’ll wake up and move around a little so the interlopers can get a good photo. I was …

Lifestyle

Alibaba announces Young Li has head of international business department

Alibaba’s Mobile Business Group on Thursday said Young Li has been elevated as the head of International Business Department, and in his new role he …

Alibaba Group

Did China’s government end MMA vs. Tai Chi feud?

Earlier this month, a fight between an MMA practitioner and a Tai Chi master went viral. The outcome of the fight, and the reaction of its …

Martial Arts

Alibaba Leads $1B Investment In Local Food Delivery Service Ele.Me (BABA)

Ele.me, a Chinese food delivery service, is set to get a $1 billion or more investment led by Alibaba (BABA), China’s largest ecommerce company and …

eCommerce

New Chinese tax rule means Diego Costa could cost £180m this summer

A surprise new “100 per cent tax” in China has threatened to block mega-moves for the likes of Wayne Rooney and Diego Costa after Chinese Super …

Soccer

China Warned U.S. Warship Challenging Its South China Sea Claims - Bloomberg

China’s government warned a U.S. warship to leave waters around a reef it claims in the South China Sea, saying the vessel was trespassing on its …

South China Sea

China urges Japan to be cautious over missile defences

China on Thursday urged Japan to act cautiously after government and defence industry sources in Tokyo said U.S. and Japanese companies are collaborating on new missile defence radars.<p>As nuclear-armed Pyongyang builds ever more advanced missiles with the ability to strike anywhere in Japan, Tokyo …

South China Sea

China Takes Aim at Moody's After Rating Downgrade

SHANGHAI – Moody's Investors Service is facing a backlash in China against its decision to cut the country's credit rating, a move that has come just as foreign ratings firms are set to receive greater access than ever to the world's No.2 economy.<p>China's Finance Ministry immediately criticized the …

Chinese Economy

China Hitches Yuan to the Dollar, Buying Rare Calm

China’s central bank is effectively anchoring the yuan to the dollar, a policy twist that has helped stabilize the currency in a year of political transition and market jitters about China’s economic management.<p>The yuan weakened more than 6% against the dollar in 2016; this year, it is up roughly …

People's Bank of China

Chinese authorities banned the broadcast of a match between top Go player and AlphaGo AI

A Go match between the world's top player, Ke Jie, and Google's AlphaGo that took place this week was censored by authorities, reports <i>Quartz</i>.<p>The AI beat Ke Jie in yet another match today, securing a win in the three-part match.<p>Three journalists have reported receiving verbal directives barring …

Artificial Intelligence

Where the China Credit Crunch Could Really Bite

In China, there is always what you see and what you don’t—and it is the latter that usually ends up giving investors the biggest fright.<p>The downgrade of China by credit-rating firm Moody’s has highlighted the rising risks the government faces from so-called contingent liabilities: poisonous loans …

Chinese Economy

Computer wins 2nd game against Chinese go champion

WUZHEN, China (AP) — A computer beat China's top player of go, one of the last games machines have yet to master, for a second time Thursday in a competition authorities limited the Chinese public's ability to see.<p>Ke Jie lost despite playing what Google's AlphaGo indicated was the best game any …

Artificial Intelligence

China vows maximum effort to recover kidnapped citizens in Pakistan

BEIJING (Reuters) - China said on Thursday it will do all it can to ensure the safe return of two citizens kidnapped in Pakistan and it promised new measures to protect Chinese people and companies working in the country, an important link on its Silk Road infrastructure plan.<p>Gunmen pretending to …

World News

Singapore’s authoritarian regime risks country’s survival

The following is a speech opposition politician Chiam See Tong made in Parliament on 14 Jan 1994. 23 years ago he predicted that Singapore will face …

Singapore

China's Debt Situation Is Worsening, But Short-Term Bullishness Can Make Sense

China was recently downgraded by Moody’s one notch to A1 from Aa3.<p>The primary rationale is that debt is growing too fast relative to nominal GDP and …

People's Bank of China

Vanguard's McNabb on China Expansion, U.S. Markets

Bill McNabb, chief executive officer at Vanguard Group Inc., talks about the firm's expansion in China and his concerns about the U.S. market as he …

Business

Social media fills vacuum left by China’s ‘hollowed out’ press

Photo via Pixabay.<p><b>In videos shot earlier this month</b>, Chinese human rights lawyer Xie Yang stands before the court, looking thinner than before his …

Journalism

Cannes: Vis a Vis Program Showcases China’s Arrival in Global Cinema

A tribute to cinematographer Chris Doyle on Friday night in Cannes will bring to a close the first edition of China Vis a Vis. A new Chinese cultural …

Cannes Film Festival

Pre-season plans revealed as Reds face two Premier League sides

Liverpool have confirmed that they will play both of their Premier League Asia Trophy matches in Hong Kong during this summer's pre-season …

English Premier League