China plans major infrastructure investments
Beijing – China plans 800 billion yuan ($114.38 billion) in railway investment, 1.8 trillion yuan in highway and waterway investment and 90 billion yuan in civil aviation investment in 2020, state radio said, citing Minister of Transport Li Xiaopeng as … Continue reading China plans major infrastructure investments
China: Risk management in housing market
Beijing – China will curb financial risks in the rental housing market by tightening lending to rental housing companies and capping the ratio of their rental income from loans taken by tenants at 30%, the housing ministry said on Wednesday. … Continue reading China: Risk management in housing market
China to reduce import tariffs on key commodities
Beijing – China is to reduce tariffs on more than 850 goods including frozen pork, hi-tech components and vital medicines, in a move billed at opening the economy to freer international trade. The reduction has been approved by the State … Continue reading China to reduce import tariffs on key commodities
Abe and Xi start new era of cooperation
Beijing – Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping agreed Monday to step up cooperation for a “new era” of bilateral relations, showcasing a thaw contrasting sharply with Beijing’s fraught ties with the U.S. Xi greeted Abe … Continue reading Abe and Xi start new era of cooperation
PATA Travel Mart 2020 in Leshan, China
BANGKOK – The Pacific Asia Travel Association (PATA) is set to organise PATA Travel Mart 2020 in Leshan, Sichuan, China from September 3-6. The event will be hosted by the Leshan Culture, Radio, Television and Tourism Bureau. “We are delighted to be returning … Continue reading PATA Travel Mart 2020 in Leshan, China
China: Bilateral relationship with U.S. under pressure
Beijing – China said Friday its relationship with the United States had experienced serious difficulties, but they should work in accordance with the consensus reached by the two countries’ leaders to push forward a stable bilateral relationship. Chinese Vice Foreign … Continue reading China: Bilateral relationship with U.S. under pressure
Burberry goes China with help of Tencent
Shenzhen – British luxury brand Burberry (BRBY.L) has joined forces with China’s Tencent (0700.HK) for a new digital marketing and sales push to tap the nation’s increasingly social media savvy shoppers in a critical luxury market. Burberry said it will … Continue reading Burberry goes China with help of Tencent
Alibaba listing secures Hong Kong’s financial status
Hong Kong – Alibaba’s blockbuster stock listing in Hong Kong on Tuesday shows that the territory is still Asia’s premier financial hub, despite ongoing protests. But this political turmoil is also pushing Beijing to further build up Shanghai and Shenzhen … Continue reading Alibaba listing secures Hong Kong’s financial status
Germany: Chinese growth engine stalls
Berlin – For three decades, China’s burgeoning demand for German cars, machines and engineering tools has been a steady engine of growth for Europe’s largest economy, gratefully championed by successive governments in Berlin.But the engine is starting to splutter. China’s … Continue reading Germany: Chinese growth engine stalls
China wants end of violence in Hong Kong
Beijing – China said stopping violence is the most important thing in Hong Kong now after the United States condemned “unjustified use of deadly force” in the latest violence and urged China to honor its commitments to freedom of expression … Continue reading China wants end of violence in Hong Kong