Archive for December 16th, 2016

Trump likely to raise reported China auto penalty with Commerce pick Ross: aide

16-Dec-2016 Intellasia | Reuters | 6:00 AM

US President-elect Donald Trump will likely discuss reports that China plans to penalise an unnamed US auto maker when he meets with his pick for US Commerce Secretary Wilbur [...]
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China may penalise US automaker over price-fixing; GM, Ford shares off

16-Dec-2016 Intellasia | Reuters | 6:00 AM

Shares of US automakers general Motors Co and Ford Motor Co skidded on Wednesday after a Chinese official warned the government could slap a penalty on an unnamed US [...]
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Private equity firm Warbug Pincus raises $2 billion China fund

16-Dec-2016 Intellasia | Reuters | 6:00 AM

Warburg Pincus LLC has raised a $2 billion fund focused on investing in Chinese businesses, ranging from healthcare firms to real estate companies, the New York-based private [...]
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Spanish police arrest 200 Chinese in telephone fraud scam

16-Dec-2016 Intellasia | AFP | 6:00 AM

Spanish police have arrested more than 200 Chinese nationals suspected of running call centres from luxury villas that swindled over 16 million euros ($17 million) from their [...]
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China environment watchdogs to sever local government ties by end of the year

16-Dec-2016 Intellasia | Reuters | 6:00 AM

China’s environment impact assessment (EIA) agencies will sever all connections with local governments by end of the year to avoid conflicts of interest and help [...]
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Exclusive: China installs weapons systems on artificial islands – US think tank

Exclusive: China installs weapons systems on artificial islands – US think tank

16-Dec-2016 Intellasia | UNTV | 6:00 AM

A satellite image shows what CSIS Asia Maritime Transparency Initiative says appears to be anti-aircraft guns and what are likely to be close-in weapons systems (CIWS) on the [...]
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Those higher interest rates in the US next year could make big problems for China

16-Dec-2016 Intellasia | CNBC | 6:00 AM

A general view shows the largely empty New Zone urban development in Dandong, Liaoning province, China, September 11, 2016. Rising interest rates in the United States have an [...]
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Backlash for US automakers to hurt more than fines in China price-fix probe: IHS

16-Dec-2016 Intellasia | Reuters | 6:00 AM

Public backlash will hurt US automakers more than expected fines in a price-fixing probe in China, an automotive analyst said Thursday, speaking on long-running investigation [...]
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China 10-Year Govt Bond Yield Set for Biggest Jump on Record

16-Dec-2016 Intellasia | Bloomberg | 6:00 AM

A record bull run in China’s bond market is being brought to an abrupt halt. The 10-year sovereign yield surged a record 22 basis points on Thursday as a plunging yuan [...]
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China Deploying Weapons on Artificial Reefs, Think Tank Says

China Deploying Weapons on Artificial Reefs, Think Tank Says

16-Dec-2016 Intellasia | Bloomberg | 6:00 AM

China appears to be deploying weapons systems on all seven of the reefs it has reclaimed in the South China Sea, according to photographs released by a Washington-based think [...]
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18th-century Chinese imperial seal sells for 21 mn euros

16-Dec-2016 Intellasia | AFP | 6:00 AM

An 18th-century Chinese imperial seal sold for 21 million euros in Paris Wednesday – more than 20 times its estimate, the Drouot auction house told AFP. Decorated with [...]
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Report: Beijing adds weapons to South China Sea islands

16-Dec-2016 Intellasia | AP | 6:00 AM

A US think tank says recent satellite images appear to show that China has installed anti-aircraft and anti-missile weapons on its man-made islands in the strategically vital [...]
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Smokers chased in Beijing as China considers national law

16-Dec-2016 Intellasia | AP | 6:00 AM

A group of anti-smoking volunteers in blue vests marched through an office building on a recent morning in China’s capital, trailed by two police officers and the [...]
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Targeting US automaker signals possible China retaliation over Trump talk

Targeting US automaker signals possible China retaliation over Trump talk

16-Dec-2016 Intellasia | Reuters | 6:00 AM

China’s plan to punish a US automaker accused of price-fixing is a sign of how Beijing could retaliate if President-elect Donald Trump upends decades of relations [...]
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Chinese ambassador to US: Sovereignty not a ‘bargaining chip’

16-Dec-2016 Intellasia | Reuters | 6:00 AM

In a veiled warning to US President-elect Donald Trump, China’s ambassador to the United States said on Wednesday that Beijing would never bargain with Washington over [...]
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