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China News 09/2017 (Page 4)



China reduces foreign exchange risk reserve ratio to zero
BEIJING, Sept. 11 (Xinhua) -- China's central bank has scrapped reserve requirements of 20 percent for financial institutions settling foreign exchange forward yuan positions, an official said Monday. The foreign exchange risk reserve ratio was reduced ...

China auto sales rise 5.3 pct in August
BEIJING, Sept. 11 (Xinhua) -- China's auto sales continued to increase in August, evidence of the steady growth of the world's largest car market, data from the China Association of Automobile Manufacturers (CAAM) showed Monday. Some 2.19 million ...

China Trial of Taiwanese Activist Highlights Discrepancy in Democratization, Rule of Law
A court in China's southern Hunan province Monday put Taiwanese rights activist Lee Ming-che, alongside a Chinese national Peng Yuhua, on trial, in which both pleaded guilty to charges of inciting state subversion. But analysts outside China denounced ...

China plans to ban cars that run on gasoline or diesel
China plans to eventually ban vehicles powered by traditional fuels, such as gasoline and diesel, as the country looks to cast itself as a global leader of environmental initiatives and possibly become an auto-export powerhouse. Xin Guobin, vice ...

IAEA lauds China's nuclear security
BEIJING, Sept. 12 (Xinhua) -- The International Atomic Energy Agency (IAEA) has praised China's efforts and progress in stepping up nuclear security and contributing to global governance of nuclear security. The IAEA made the comments after completing ...

300 tonnes of diseased pig carcasses – the latest example of China's pollution crisis
Chinese state-run media have tried to play down the risk to humans. Photograph: Alamy Stock Photo. China. 300 tonnes of diseased pig carcasses – the latest example of China's pollution crisis. Villagers near illegal burial site in Zhejiang had ...

Nations should maintain free trade amid fragile world economy, China says
President Jim Yong Kim of the World Bank (L) shakes hands with Chinese Premier Li Keqiang (R) before the 1+6 Round Table Dialogue meeting at Diaoyutai State Guesthouse September 12, 2017 in Beijing, China. REUTERS/Etienne Oliveau/Pool. BEIJING ...

As southeast China prepares for Talim, a second storm is brewing
Fujian has activated its emergency response plan as it braces for what could be the largest typhoon to hit China's southeast coast this year – and with another tropical depression brewing in the region. The provincial weather bureau issued an alert on ...

China not to share Brahmaputra data for now due to upgradation
Beijing, Sep 12 (PTI) China today said that it cannot share with India the hydrological data of the Brahmaputra river for the time being as the data collection station in Tibet is being upgraded. China, however, said it is ready to "keep communication ...

Chinese banks halt transactions for North Koreans
North Korean soldiers stand at a fence on the bank of the Yalu river near the North Korean town of Sinuiju, opposite the Chinese border city of Dandong, in China's northeast Liaoning province. (Photo: AFP/Greg Baker). 12 Sep 2017 06:51PM ...

China-ASEAN Expo opens in south China
Enterprise representatives attend the opening ceremony of the 14th China-ASEANExpo in Nanning, capital of south China's Guangxi Zhuang Autonomous Region, Sept. 12, 2017. The 14th China-ASEAN Expo highlighted trade and investment among China, ...

China offers aid to hurricane-hit Antigua and Barbuda
BEIJING, Sept. 12 (Xinhua) -- The Chinese government has provided humanitarian aid to Antigua and Barbuda, lashed by Hurricane Irma a week ago, China's Ministry of Commerce said Tuesday. China launched the emergency mechanism to help with ...

China's progress on human rights promotion applauded at photo exhibition in Geneva
People visit a photo exhibition titled "For a Better Life of the People" at the Palaise des Nations in Geneva, Switzerland, on Sept. 11, 2017. The photo exhibition titled "For a Better Life of the People" showcasing China's progress and achievements in ...

China's Campaign to Control Yuan Shifts to Limiting Strength
Despite a constant drumbeat from policy makers that it would be kept “stable” in 2017, the year of the all-important Communist Party Congress, the currency has made a stunning about turn. After two years of beating back the bears, Beijing is now being ...

US threat of China sanctions puts big banks in the crosshairs
US threats to impose sanctions on big Chinese companies over Beijing's support for North Korea have sparked a guessing game over the form such measures might take, and the potential fallout. On Tuesday US president Donald Trump warned that the UN's ...

Over 200000 evacuated as Typhoon Talim approaches
FUZHOU/HANGZHOU, Sept. 13 (Xinhua) -- More than 200,000 people have been evacuated from Fujian and Zhejiang provinces as of Wednesday as Talim, the region's 18th typhoon this year, moves rapidly towards China's southeast coast. The provincial ...

What would China do if North Korea and the United States go to war?
This is an edited excerpt of an interview with Singapore's ambassador at large, Bilahari Kausikan, by the international affairs magazine Global Brief. Bilahari served as the permanent secretary of the Lion City's foreign ministry from 2010 to 2013. He ...

Economic Watch: China plans nationwide use of bioethanol fuel by 2020
BEIJING, Sept. 13 (Xinhua) -- China plans nationwide use of bioethanol gasoline in its road vehicles by 2020 to cut emissions and fossil fuel consumption. The plan was published by the National Development and Reform Commission and National Energy ...

China fuels electric dream
Are we really coming to the end of all petrol, diesel and gas-powered vehicles? Governments are starting to make bold declarations in that direction. India and Germany are in on the act — though even those that have announced a deadline, like Britain ...

Singaporean divers find two bodies of missing crew in dredger accident
SINGAPORE, Sept. 13 (Xinhua) -- The Maritime and Port Authority of Singapore (MPA) announced Wednesday evening that divers have recovered two bodies of missing crew members from a dredger which had collided earlier in the day with a tanker in ...

China Focus: China-ASEAN industrial cooperation gains steam
NANNING, Sept. 13 (Xinhua) -- Chen Min, chairman of Guangxi Ruian Logistics Group, is looking for business partners from Brunei at the ongoing China-ASEAN Expo, preparing to set up a halal food and spice factory in the country. Chen has signed an ...

China's Silk Road Initiative Could Have Far-Reaching Consequences for Entertainment Industry
China's ambitious belt and Road Initiative might appear to be an economic development proposal on the surface, but building a modern-day “Silk Road” connecting 68 countries from Southeast Asia all the way to Europe and Africa could transform what is, ...

China-born New Zealand MP denies being Beijing spy
Jian Yang (L), a New Zealand lawmaker who was born in China, answers questions at a news conference in Auckland, New Zealand on Sep 13, 2017. (Photo: Dean Purcell/New Zealand Herald via AP). 13 Sep 2017 11:36PM (Updated: 14 Sep 2017 ...

Samsung eyes China comeback
Samsung Electronics Co Ltd hopes to regain consumer confidence and rejuvenate sluggish sales in China after the Note 7 debacle, with the launch of its latest premium smartphone Galaxy Note 8 on Wednesday. The new flagship Galaxy Note 8 boasts a ...

New Zealand MP Jian Yang denies Chinese spy conspiracy
A New Zealand MP has denied accusations he was a Chinese spy after it was revealed he spent a decade teaching in one of the country's top military colleges. National Party MP Jian Yang, who was born in China, has hit out at the allegations stemming ...

Trump wrong to ignore China's role in future Afghan policy
After months of review and anticipation, US President Donald Trump unveiled his strategy for Afghanistan last month. In doing so, he became the third American president to take ownership of what is now the United States' longest war. Trump, while ...

China's foreign investment plunges after official curbs
China's investment in other countries has plunged since Beijing tightened controls to cool surging spending on British soccer teams, Manhattan real estate and other assets deemed unneeded for Chinese economic development. Outward investment in the ...

India-Japan ties pose no grave threat to China: Chinese daily
An op-ed in the Global Times said "the India-Japan intimacy is more like a contrivance" and both were "are unlikely to challenge China without giving it a serious thought". IANS | Posted by Sonalee Borgohain. [email protected] Beijing, September 14 ...

China congratulates Singapore's newly elected president
BEIJING, Sept. 14(Xinhua) -- China on Thursday congratulated Halimah Yacob on her election as the new president of Singapore. Former Parliament Speaker Halimah Yacob was announced Wednesday as the country's eighth president and the first female ...

China's biggest bitcoin exchange to halt trading
BTCChina, the country's biggest bitcoin trading platform, announced on Tuesday that the company will stop all trading from September 30, 2017, according to a statement. "The decision was based on policies issued on Sept 4 by the People's Bank of China ...


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