Cambodia: Influx of Chinese Investment
Phnom Penh – Ever since the state visit of Cambodian Prime Minister Hun Sen to Beijing in 1996, ties between Cambodia and China – or, more accurately, between Hun Sen’s ruling Cambodian People’s Party and the Chinese Communist Party – have grown only stronger. Political … Continue reading Cambodia: Influx of Chinese Investment
China to build over 4,000 km of new railway tracks
Beijing – China plans to build at least 4,000 kilometers of new railway lines this year, including 2,000 km of high-speed lines, the country’s top rail operator said on Thursday. The planned development of new railways this year is part … Continue reading China to build over 4,000 km of new railway tracks
China halts Shanghai-London stock link
HONG KONG/LONDON – China has temporarily blocked planned cross-border listings between the Shanghai and London stock exchanges because of political tensions with Britain, five sources told Reuters. Suspending the Shanghai-London Stock Connect scheme casts a shadow over the future of … Continue reading China halts Shanghai-London stock link
China-produced Tesla on sale in January
Shanghai – The first batch of vehicles produced by U.S. electric carmaker Tesla Inc.’s overseas plant in Shanghai was delivered Monday. Fifteen Model 3 cars built in Shanghai were handed over to company employees at the Shanghai facility. And deliveries … Continue reading China-produced Tesla on sale in January
China plans to reduce economic risks
BEIJING – As China struggles to deal with the slowdown of the world’s second-largest economy, it has embarked on a new strategy of placing financial experts in provinces to manage risks and rebuild regional economies.Since 2018, President Xi Jinping has … Continue reading China plans to reduce economic risks
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