Category: China
China has ‘cancelled US credit card’: lawmaker
China, wary of the troubled US economy, has already “cancelled America’s credit card” by cutting down purchases of debt, a US congressman said Thursday. [...]
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China restricts foreign financial information providers
China announced regulations Thursday that make it easier for foreign financial information providers to compete in the fast-growing Chinese domestic market, but which [...]
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Australia tries to placate China over navy expansion
Australia sought to reassure China on Friday that plans to double its attack submarine fleet and buy warships capable of carrying ballistic missile shields in a $72 billion [...]
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China Mobile in ground-breaking Taiwan investment
China Mobile has said it plans to take a 529 million dollar stake in a top Taiwan telecom firm in what would be the first major direct investment by a mainland company in the [...]
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China manufacturing expands, adding to recovery signs (update2)
China’s manufacturing expanded for a second month as government stimulus spending stoked a fledgling recovery in the world’s third-biggest economy. The Purchasing [...]
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China regulator warns banks of lending risks
China’s top banking regulator warned banks against risks from a surge in lending and urged them to step up oversight, the official Financial News reported on Wednesday. [...]
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China learns lesson from fake degrees
One hour and about 40 dollars is all it takes to get a fake degree in China, but the chances of fooling an employer or foreign university have diminished following a [...]
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China CITIC bank optimistic over 2009 outlook
China CITIC Bank Corp Ltd (0998.HK), the country’s seventh-largest lender, is optimistic about earnings prospects even though 2009 will be a challenging year, Chief [...]
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China launches security campaign for anniversary
China announced plans Tuesday to ramp up public security ahead of the 60th anniversary of the founding of the Communist nation, after a similar campaign last year for the [...]
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China’s trade decline slows, aiding Asian economies
China’s trade declined at a slower pace in the first 20 days of this month, adding to signs that global demand is stabilising. “I have some good news,” [...]
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China’s gold reserves jump
The revelation of a jump in China’s official gold holdings to 1,054 metric tonnes is supporting gold prices and reviving fears that reserve diversification will [...]
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Taiwan says China banks could enter domestic market
China could accept stricter rules for its banks to operate in Taiwan than those for other foreign lenders in the market, Taiwan’s regulator said on Monday, a day after [...]
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China demand means Asia exporters may be past worst (update1)
The worst may be over for Asia’s exporters as interest-rate cuts and a US$585 billion stimulus package get China buying again. Singapore’s shipments to China [...]
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In China, knockoff mobile phones are a hit
The phone’s sleek lines and touch-screen keyboard are unmistakably familiar. So is the logo on the back. But a sales clerk at a sprawling electronic goods market in [...]
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US firms in China expect benefits in Beijing stimulus
Two thirds of American companies operating in China expect to benefit from a huge stimulus package unveiled by Beijing to counter the global crisis, a US business association [...]
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