China news

Trump's phone conversation with Taiwan leader sparks China outrage

China is reportedly displeased with the soon-to-be president's actions as it goes against the four-decade long separation and Beijing's strong "One China" policy.

For Chinese Consumers, Oil Prices Halted At $40 Per Barrel Will Not Cut Down The Fuel Prices

The cutting down of the global crude oil in the world has not really influenced the Chinese consumers' retail fuel prices. The price remains the same as long as the price does not touch %40 per barrel.

Beijing air quality is improving

Beijing environmental authorities reported that Beijing's air quality in 2015 was better compared to 2014 despite the city's first two red alerts for pollution. Besides that, Beijing also reported a total of 186 days with air quality meeting the national standard for 2015.

Evergrande buys a series of new projects from New World China

Evergrande Real Estate Group Ltd. will buy $3.2 billion worth of projects from the Hong Kong billionaire Cheng Yu-Tung’s family-controlled companies.

China passes new controversial anti-terrorism law

China’s legislature passed a controversial new anti-terrorism law that allow the government to request for sensitive information from technology firms. Among the information that could be requested includes encryption keys for individual data.

Chinese News Staff Suspended After Saying Xi "Resigned"

Four staff members of the China News Service are suspended for accidentally reporting that the speech President Xi Jinping held in Africa was his resignation.

China issues high level alert for the heaviest smog of the year

China authorities in Beijing have issued the highest smog warning of the year. The heavy smog had developed on Friday and would continue until Tuesday. The air pollution levels in Beijing reached 18 times the level considered safe by WHO.

China Doubles The Deposit For Stock Margin Trading

China will double the deposit required for investors to borrow funds to trade stocks, known as margin trading.

China to drop down its copper imports following weak domestic demand

China is going to import less copper as its domestic demand weakened driven by slowing economy growth. The weakened copper consumption in China has dropped down the metal's prices.

China Announces No Tough Rules For Foreign Bank Card Firms

China will not impose tough licensing restrictions on overseas bank card providers.

China's First C919 Passenger Jetliner to Compete with Boeing's 737 and Airbus A320

China's create their first homegrown passenger jetliner C919. The state also aims to beat the leading airliners companies, Boeing's 737 and Airbus A320 with their new airtcraft prototype.

China's Newly Opened Communist Party Theme Park, Received Mixed Criticism from Social Media

The Cinese government build and opened a Communist Party Theme Park. They aimed to help visitors to teach and better understand the commounist party core values and concepts.

South Korea, China, and Japan to discuss free trade deal at Seoul summit

China, South Korea, and Japan have announced plans to reignite a three-party summit that was halted in 2012 due to lingering animosity towards Japan's part in WWII.

Foreign firms dominate Chinese robotic sector

Chinese firms are struggling to compete with foreign firms in the production of robots. This lead to domination of foreign firms in the China robotic market creating a loss for the country as they are shifting from labor work to automation work.

China unveils details of state-firm reforms as growth sputters

New state firm reformed announced by Chinese authority on Sunday will see the firm being integrate in fewer firm. Through the reform, state-firm will also be given freedom to attract private investors into the firm.

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Forget Stocks, Crypto Now Directly Impacts Housing Prices

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Will Apple Keep Buffett Smiling? Doubts Emerge Over Company's Dominance

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Is China's Central Bank Gold-Buying Spree a Precursor for War? Part II of II

The idea of a nation acquiring large gold reserves in preparation for military endeavors is not without historical precedent. Prior to World War I, European powers increased their gold reserves, and a century later, Russia's central bank doubled its gold holdings in the years before its invasion of Ukraine. This same strategic stockpiling of gold could be inferred from China and its pre-war positioning for a Taiwan incursion.

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