The U.S. and China have been secretly engaging in war games designed to help prevent a sudden military escalation between the two superpowers if either felt they were being targeted. Two war games were conducted last year, the first in Beijing last June (went well), and the second in Washington this past December (didn’t...
By ESTHER FUNG SHANGHAI—China’s campaign to tame housing costs showed fresh progress in March, as new-home prices in major cities posted their first year-on-year decline since Beijing began cracking down on the housing market two years ago. But with sales volumes showing signs of revival and prices continuing to rise in some markets, analysts...
Hong Kong (CNN) — China has promised a thorough investigation into a scandal that has linked a disgraced former Communist Party chief’s wife to the mysterious death of a British businessman. The pledge, published Wednesday in an editorial by the state-run Xinhua news agency, came hours after British Prime Minister David Cameron and Foreign...
April 17 (Bloomberg) — Liu Li-Gang, chief Greater China economist at Australia New Zealand Banking Group Ltd. in Hong Kong, talks about foreign direct investment in China, the nation’s economic growth and central bank monetary policy. FDI in China dropped for a fifth straight month in March on a slowing economy, limited prospects for...
China has stopped sending fleeing North Koreans back across the border, in retaliation for Pyongyang failing to consult its ally over last week’s rocket launch, a Japanese report said Wednesday. The Yomiuri Shimbun quoted two Chinese officials as saying the long-standing policy of swiftly returning any North Korean who made it across the border...
Workers perform final testing and QA before sending drives off to customers on its 2.5-inch notebook lines. (Photo credit: Wikipedia) A major global think tank asked my opinion on the challenges of entering the China market for international companies for a white paper that it is currently preparing. Although many books have been written...
Shortages in China are understandable. If you’re supporting consistent close-to-double-digit growth, you could understandably run out of natural resources, be unable to keep infrastructure development at pace with economic expansion and fall way short on environmental protection. But with a population exceeding 1.3 billion, seriously, can it be possible you have a shortage of...
