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China Country News

Sun, 30 Oct 2016 16:17:13 GMT

China's Factory to the World Mulls the Unthinkable: Price Hikes  -  Bloomberg
China's factories may be on the cusp of delivering a new shock to the global economy after years of undercutting rivals with cheaper costs. This time, increases in prices could reverberate around the world. To understand why, consider the dilemma ...
Sun, 30 Oct 2016 16:11:56 GMT

Tourists attempt to cross China's terrifying glass walkway in stomach churning footage but it all ends in tears  -  Mirror.co.uk
This terrifying video shows tourists attempting to cross China's glass walkway, crying and crawling as they avoid looking down on the 984ft drop . The video shows a number of tourists attempting to cross the Coiling Dragon Cliff skywalk in Zhangjiajie ...
Sun, 30 Oct 2016 15:42:19 GMT

Chinese Spider-Man saves two-year-old boy  -  International Business Times UK
Liang Lee didn't hesitate when he saw a tiny child dangling from a window in an apartment block. Breathtaking footage shows the young man scaling the side of the building with his bare hands as he desperately races to save the boy. More from IBTimes UK.
Sun, 30 Oct 2016 14:45:52 GMT
China's aviation regulator proposes rules for private investment in airpor...  -  Reuters
The Chinese government this year has promised to open up more sectors to private investment, including transportation, telecommunication services, and oil and gas extraction, as growth of fixed asset investment by private Chinese firms drops to record ...
Sun, 30 Oct 2016 14:41:30 GMT

China's strongman rule sets a test for the west  -  Financial Times
For decades, Western democracies have pursued a policy of engagement with China underpinned by a belief that prosperity and openness would naturally lead to a more liberal political system in Beijing. By demonstrating the benefits of the western way of ...
Sun, 30 Oct 2016 14:33:34 GMT
China's Shanghai Electric to buy $1.77 billion stake in Pakistani power company  -  Economic Times
KARACHI: China's Shanghai Electric power company will buy a controlling stake in K-Electric, a power generation and distribution company in Pakistan's largest city, for $1.77 billion, K-Electric's parent company announced in a statement on Sunday.
Sun, 30 Oct 2016 14:27:44 GMT

Ex-trade minister Andrew Robb gets job with Chinese firm that leased Darwin Port  -  The Sydney Morning Herald
Former trade minister Andrew Robb has accepted a job with the Chinese company that has a 99-year lease of the Darwin Port. Mr Robb was appointed to the role – described as a "high-level economic consultant" – in a ceremony in September. Former trade ...
Sun, 30 Oct 2016 14:13:28 GMT

Egypt Moves Closer to IMF Loan With China Currency Swap Deal  -  Bloomberg
Egypt has reached a $2.7 billion currency swap agreement with China, moving closer to mustering the outside financing needed to win final approval of a $12 billion International Monetary Fund loan. The agreement is being processed by the Chinese ...
Sun, 30 Oct 2016 14:01:35 GMT
BRIEF-China Evergrande buys 19 mln shares in Langfang Dev on Oct 28  -  Reuters
BRIEF-China Evergrande buys 19 mln shares in Langfang Dev on Oct 28. Oct 30 Langfang Development Co Ltd. * Says China Evergrande Group has bought 19.0 million shares in the company on October 28 at an average price of 29.35 yuan per share for ...
Sun, 30 Oct 2016 13:35:00 GMT

Günther Oettinger defends calling Chinese 'slant eyes'  -  POLITICO.eu
“It was somewhat slang expression that was in no way meant to show a lack of respect for China,” Germany's EU commissioner told Die Welt. Oettinger, the commissioner for digital economy, made the comments in German during a speech in Hamburg last ...