By: Taiga Uranaka Nippon Life Insurance Co is actively seeking mergers and acquisitions overseas, with a focus on the United States and Asia’s emerging economies, the president of Japan’s largest life insurer said on Monday. Nippon Life Insurance’s upcoming president Hiroshi Shimizu speaks at a news conference in Tokyo Japanese insurers have been among the […] Read more
By: Kevin Yao, Yawen Chen A woman works on a production line manufacturing paper tableware at a factory in Hangzhou, Zhejiang province, China January 21, 2019 China’s economy cooled in the fourth quarter under pressure from faltering domestic demand and bruising U.S. tariffs, dragging 2018 growth to the lowest in nearly three decades and pressuring […] Read more
Chinese President Xi Jinping said building transportation infrastructure is vital to China’s economic development. Xi made the remark on Thursday when he visited Tianjin Port during his inspection to Tianjin Municipality. “Economy is the top priority in developing a country, and to achieve economic progress, building transportation infrastructure comes first,” Xi said. Chinese President Xi […] Read more
The President of Equatorial Guinea Teodoro Obiang Nguema met with visiting Chinese President Xi Jinping’s special representative Yang Jiechi on Thursday, both sides pledging to strengthen bilateral cooperation. Yang, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the Office of the Foreign Affairs Commission […] Read more
Trucks are reflected in a puddle as they wait in line to unload their containers onto a container ship docked at the Guangzhou Nansha Container Port in Guangzhou, China China has offered to go on a six-year buying spree to ramp up imports from the U.S., in a move that would reconfigure the relationship between […] Read more
Seeds taken up to the Moon by China’s Chang’e-4 mission have sprouted, says China National Space Administration. It marks the first time any biological matter has grown on the Moon, and is being seen as a significant step towards long-term space exploration. The Chang’e 4 is the first mission to land on and explore the […] Read more
By Xinhua Premier Li Keqiang said Thursday that China will be able to keep economic growth within a reasonable range, despite greater difficulties this year, by innovating and improving macro-control. Li, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks when presiding over […] Read more
By: Celia Chen Meng is the daughter of Huawei founder Ren Zhengfei – one of China’s leading businessmen, an ex-PLA officer and an elected member of the 12th NCCP Chinese telecom equipment giant Huawei’s Chief Financial Officer Sabrina Meng Wanzhou has been detained by Canadian authorities at the request of the US government, a move […] Read more
Beijing is working hard to stop a slowing Chinese economy from hitting its workforce. In the last several weeks authorities have made a flurry of announcements, including tax cuts, monetary policy loosening and plans to support public spending. The push comes as economic data points to sagging domestic growth and the U.S. looks set to […] Read more
By REN XIAOJIN and ZHONG NAN Chinese Vice Premier Liu He. Vice-Premier Liu He will visit the United States on Jan 30 and 31 for further consultations on Sino-US trade and economic issues, the Ministry of Commerce said on Thursday. Economists said the two major powers should opt for cooperation instead of confrontation against a […] Read more
