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China News 05/2017 (Page 6)



Western banks eclipsed by China's along the new Silk Road
Chinese President Xi Jinping attends a news conference at the end of the Belt and Road Forum in Beijing, China, in this May 15, 2017 photo. (REUTERS). The Belt and Road initiative — into which China's policy banks have already pumped $200 billion ...

China invests $4b in Belt and Road countries in four months
China's non-financial outbound direct investment in 45 countries related to the Belt and Road Initiative over the first four months of 2017 has reached $3.98 billion (27.4 billion yuan), an official from the Ministry of Commerce said on Wednesday. The ...

China complains to US about new Iran sanctions
BEIJING (Reuters) - China said on Thursday it had lodged a complaint with the United States after it imposed narrow penalties on Iranian and Chinese figures for supporting Iran's ballistic missile programme. China has complained repeatedly to the ...

Chinese, S. Korean officials meet in attempt to repair ties
South Korean special envoy Lee Hae-chan, right, attends a talk with Chinese Foreign Minister Wang Yi, at the foreign ministry in Beijing, China, Thursday, May 18, 2017. (Thomas Peter/Pool Photo via AP)more +. 0 Shares. Email. Chinese Foreign Minister ...

China taps into cool future for global energy
China has succeeded in extracting methane gas from solid deposits under the sea in an experiment that could eventually lead to the commercial production of what is being touted as an abundant new source of energy. In a first for the country, engineers ...

China's Z-19E armed helicopter makes maiden flight
The China-developed Z-19E armed helicopter makes its maiden flight in Harbin in northeast China's Heilongjiang Province, May 18, 2017. The new generation export-oriented model was developed by the AVIC Harbin Aircraft Industry to meet the ...

China Focus: China's home prices continue to stabilize
BEIJING, May 18 (Xinhua) -- China's property market in major cities continued to stabilize after authorities implemented a string of measures to contain rising prices, according to an official survey released Thursday. Of the 70 large and medium-sized ...

Alibaba revenue surges 60 pct in 4th fiscal quarter
HANGZHOU, May 18 (Xinhua) -- China's e-commerce giant Alibaba said Thursday that its quarterly revenue jumped 60 percent year on year in the fourth fiscal quarter ending March. The group's revenue was about 38.6 billion yuan (5.6 billion U.S. dollars ...

China expands law to allow greater monitoring of foreigners
The Chinese government has released a draft intelligence law that will give the country's vast security apparatus greater power to investigate and monitor foreigners in the name of protecting national security. According to the Bill, state intelligence ...

China-Hong Kong bridge to unity, or tentacle of Beijing control?
PEARL RIVER ESTUARY, China As a 19-mile bridge between Hong Kong and China across the Pearl River estuary nears completion, Chinese officials are hoping it will bring more than economic integration at a time of growing tension between the two sides ...

View: China could find its new empire too hard to handle
By: Mihir Sharma To Indian eyes, Chinese President Xi Jinping's big Belt and Road Forum -- which attracted 29 heads of government and representatives of 130 countries -- looked awfully familiar. It looked, in fact, like an imperial durbar -- the sort ...

Japan scrambles jets after China allegedly flies drone over disputed East China Sea
TOKYO (AFP) – Japan said Friday (May 19) it scrambled fighter jets after a Chinese vessel sailing in disputed waters launched a drone, the latest bout of tension in a longstanding territorial row. The two countries are at odds over a group of small ...

China's Xi says willing to help end rift with South Korea
South Korean special envoy Lee Hae-chan, left, passes on a hand-written letter from South Korean President Moon Jae-in to Chinese President Xi Jinping during a meeting at the Great Hall of the People in Beijing, Friday, May 19, 2017. A senior foreign ...

While the US Is Distracted, Beijing Is Winning the Battle to Control the South China Sea
Remember the furore over the South China Sea? The Chinese do. Americans seem preoccupied, though, with Russia's social media war on the U.S., and North Korea's nuclear program. These, combined with huge gaps in the Trump administration's foreign ...

What does China want? A little “positive energy,” please
China's internet is never short of creative language. Often memes taking over its social media subtly ridicule government misconduct and end up getting censored (paywall)—once authorities catch on, that is. But in rare instances, the Communist Party ...

China's Terracotta Army gets digital boost with 360° video
Each year, thousands of people flock to Shaanxi, China, to visit the iconic Terracotta Army, which depicts the artillery of Qin Shi Huang: the country's first Emperor. But, over four decades after it was inadvertently excavated in 1974, technology has ...

Chinese Jets Flew Dangerously Close During Intercept, US Says
Chinese SU-30 fighter jets. Two Chinese interceptors' close encounter with an American surveillance plane over the East China Sea was “unprofessional,” the United States Air Force has said. Credit Jin Danhua/Xinhua, via Associated Press. BEIJING — Two ...

Shanghai Disney takes the mickey out of Hong Kong with 10 million visitors
Shanghai Disney Resort has announced that more than 10 million people have visited the park after 11 months of operations, outshining its Hong Kong counterpart which had posted losses for two consecutive years. The joint-venture US$5.5 billion theme ...

Xi: China willing to help end rift with South Korea
BEIJING--Chinese President Xi Jinping said Friday he's willing to help ties with South Korea return to a "normal track" amid a rift over Seoul's deployment of a high-tech U.S. missile-defense system to guard against North Korean threats. Xi's remarks ...

Philippine President Alleges China Threatened War
Philippine leader Rodrigo Duterte says Chinese President Xi Jinping threatened him with war if the Philippines begins drilling for oil in a disputed part of the South China Sea. Duterte said Friday in Manila that Xi gave him a firm but friendly warning ...

Why China should be wary of overconfidence
Chinese President Xi Jinping with Russian President Vladimir Putin at the Belt and Road Summit. Photo: AP. The optics tell it all: a confident and smiling Xi Jinping ( 習近平 ) stood in front of a giant landscape painting titled This Land is So Rich in ...

China wants broader ties with PH
China is willing to expand common interests and properly settle differences with the Philippines to consolidate public support for their ties getting back to a sound track, Premier Li Keqiang said on Friday. Li made the remarks when meeting with ...

Chinese city of Changsha restricts housing purchases
SHANGHAI: The central city of Changsha on Saturday became the latest place in China to restrict housing purchases in an effort to try to cool the property market, the state news agency Xinhua reported. From Saturday, residents of Changsha, in Hunan ...

New rules in China lay trap for tax cheats at home and abroad
Beijing has ordered an overhaul of financial accounts to crack down on tax cheats at home and abroad. From July 1, all deposit-taking institutions, policy banks, investment agencies and insurers must ensure each new account has detailed information for ...

Chinese president's special envoy attends Timor-Leste presidential inauguration
Zhang Ping (C, front), special envoy of Chinese President Xi Jinping and vice chairman of the Standing Committee of the National People's Congress of China, attends the inauguration ceremony of Timor-Leste President Francisco Guterres Lu-Olo in Dili, ...

Shut out of UN forum, Taiwan slams China's 'coercion and threats'
Taiwan hopes its allies will stand up to China's "coercion and threats" that have shut it out of the U.N.'s annual World Health Assembly (WHA), Taiwanese Health Minister Chen Shih-chung told Reuters on Saturday. Chen Shih-chung Taiwan's Minister of ...

China's Threat Of War Against Philippines Is Baseless Scare Tactic
On Friday, Philippine President Rodrigo Duterte said President Xi Jinping threatened war if Duterte started developing Philippine oil and gas resources in the South China Sea. The Philippines has every right to do so, per the award of an international ...

Beijing's new weapon in economic war: Chinese tourists - The ...
Beijing's new weapon in economic war: Chinese tourists - The ...

Opinion: Asean powers continue to arm-wrestle over China's nine-dash line and its potential abundance of resources ...
Opinion: Asean powers continue to arm-wrestle over China's nine-dash line and its potential abundance of resources ...

China killed or jailed up to 20 US spies in 2010 to 2012, report says
Beijing systematically dismantled CIA spying efforts in China beginning in 2010, killing or jailing more than a dozen covert sources, in a deep setback to US intelligence, The New York Times reported on Sunday. The Times, quoting 10 current and former ...


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