China

BEIJING – China will give nearly 1 trillion yuan ($157 billion) in tax rebates to domestic small firms to shore up economic stability, state media CCTV quoted a cabinet meeting …

BEIJING – A China Eastern Airlines passenger jet en route to Guangzhou from Kunming with 132 people on board crashed in the subtropical mountains of southern China on Monday, in …

SHANGHAI – Shipments of smartphones within China fell 31.8% year-on-year to 14.5 million handsets in February, the China Academy of Information and Communications (CAICT) reported on Monday. Shipments were down …

SHANGHAI – Microsoft Corp’s Bing, the only major foreign search engine available in China, said a “relevant government agency” has required it to suspend its auto-suggest function in China for …

‘Would Empower China And Russia’: GOP Leaders Slam Democrats’ Climate Proposals As ‘A Grift’ Thomas Catenacci on March 18, 2022 Top House Republicans ripped the climate agenda released Thursday by …

By Selena Li and Samuel Shen HONG KONG – Chinese authorities will address the concerns of international investors when finalising new rules for offshore listings, two sources quoted a senior …

BEIJING – China’s fiscal spending rose 7.0% in January-February from a year earlier, the finance ministry said on Friday, quickening from a 0.3% rise in 2021 as policymakers step up …

HONG KONG – China Evergrande Group’s flagship unit Hengda Real Estate Group Co Ltd said it will meet onshore bondholders on Friday and Saturday to delay a coupon payment due …

BEIJING -China will cut income tax for some small firms to 20% from 25%, the finance ministry said on Friday, as part of steps to ease burdens on small businesses …

– The recent surge in COVID-19 cases across China is likely to have a minimal impact on the country’s GDP this year, two brokerages said in their reports, while adding …

SHANGHAI – Chinese high-yield property issuers have by one measure defaulted on nearly a quarter of their outstanding bonds this year, Goldman Sachs analysts estimated, highlighting liquidity stress as Beijing …

– Yum China Holdings Inc said on Thursday its board had raised the restaurant chain’s share repurchase plan by $1 billion to $2.4 billion. Shares in Yum China, which operates …

BEIJING – The Chinese foreign ministry said on Thursday that it firmly rejects U.S. State Secretary Antony Blinken’s comment that China’s unwillingness to condemn Russia is inconsistent with China’s position …

BEIJING – China opposes a U.S. crackdown on its telecom companies, the commerce ministry said on Thursday, after a U.S. regulator stripped Pacific Networks and its ComNet unit of authorisation …

By David Shepardson WASHINGTON -China Eastern Airlines Corp on Wednesday asked the U.S. Transportation Department for approval to temporarily shift New York to Shanghai flights over COVID-19 measures. The carrier …

By Lisa Baertlein LOS ANGELES – The busiest U.S. seaport expects its robust flow of imports to continue in the near term, but is closely monitoring COVID-19 shutdowns in major …

SHANGHAI – Hong Kong stocks jumped 9% on Wednesday to mark their best day since 2008, after China’s top policymaker assured markets of stability and support and helped put a …

BEIJING – The conditions are not right for China to expand a property tax trial this year, state-run Xinhua news agency quoted the finance ministry as saying on Wednesday, suggesting …

SHANGHAI – China’s securities regulator on Wednesday said it will continue to communicate with U.S. regulators and strive to reach an agreement on China-U.S. audit supervision cooperation as soon as …

BEIJING/TAIPEI – China’s government on Wednesday lambasted Taiwan’s humanitarian aid for Ukraine and sanctions on Russia as “taking advantage of other’s difficulties” after the island announced it was sending more …

LONDON – Chinese companies listed in New York fell sharply during premarket trade on Tuesday after surging COVID-19 cases fuelled fears for the world’s second-largest economy and sent mainland firms …

BERLIN – Volkswagen is shifting production to China and the United states as a result of the war in Ukraine and will prioritise China this year, its Chief Executive Herbert …

LONDON – China denied on Tuesday claims by U.S. officials that Russia had sought military assistance in Ukraine and accused Washington of spreading “malicious disinformation” that risked escalating the conflict. …

By Philip Blenkinsop BRUSSELS -The European Union agreed on Monday new rules to limit access to its 2 trillion euros ($2.2 trillion) worth of public tenders in a move designed …