Alipay, WeChat pay open apps to foreigners visiting China

Chinese payments giants Alipay and WeChat Pay, long a source of worry among competitors abroad, plan to open up their platforms to foreigners visiting the mainland as regulators ease restrictions. The

Tarrif war | Xi zeroes in on Trump trade deal as China acts to steady markets

President Xi Jinping stressed China’s commitment to the global trading order as his trade negotiators wrangle with the U.S. over rolling back punitive tariffs ahead of a phase one deal. As

Hong Kong leader says she has Xi’s backing to tackle unrest

Hong Kong’s embattled leader, Carrie Lam, said yesterday that she has received the backing of Chinese President Xi Jinping in her handling of five months of anti-government protests that have

Ross hints LNG may be part of interim US-China trade deal

Reviving liquefied natural gas exports to China could form part of an interim trade agreement with Beijing, according to comments from U.S. Commerce Secretary Wilbur Ross. LNG and soybeans are among

India exits Beijing-backed trade deal as 15 nations ready to sign

India pulled out of a trade pact covering much of Asia, paving the way for 15 other countries to sign the China-backed regional trade deal next year. India conveyed its decision

Macron’s visit underscores economic tensions

French President Emmanuel Macron is visiting China this week amid a push for Beijing to open its markets, despite festering trade disputes and weakened consumer spending. Macron arrived yesterday in Shanghai,

US, China signal progress toward initial Trump-Xi trade deal

The U.S. and China signaled further progress yesterday toward a breakthrough in trade talks that could culminate in a meeting between Donald Trump and Xi Jinping later this month. China had

Trump absent, ASEAN charts path for trade bloc led by China

Leaders from fast-growing Southeast Asian economies, China and other regional powers vowed yesterday to transcend conflicts over trade policies and territorial disputes for the sake of stronger economies and regional

Trade war | Economy struggles as consumers tighten belts

With home sales crashing, real estate agent Zhang Yonggang is tightening his belt, part of a plunge in Chinese consumer demand that is a bigger threat to economic growth than

Security firm says Chinese hackers intercepted text messages

Chinese hackers with a history of state-sponsored espionage have intercepted the text messages of thousands of foreigners in a targeted campaign that planted eavesdropping software on

Beijing denies reports of professor spying in Belgium

China said last night that reports that a professor leading a Beijing-backed language and culture institute in Belgium was involved in spying are untrue. Chinese foreign

Berlin hardliners suspect Merkel soft on Huawei to please China

Chancellor Angela Merkel is under pressure from her intelligence services and her party to toughen her stance on Chinese equipment supplier Huawei Technologies Co. to ensure

NY band cancels China tour over ban of South Korean members

An upstate New York orchestra reversed course on Tuesday and canceled plans to tour China this winter after China refused to allow the group’s three South Korean

Baby shortage prompts China’s unwed mothers to fight for change

For generations, a Chinese woman who gave birth out of wedlock was shunned by society and discriminated against by authorities. Now, as the Communist Party seeks to

Gov’t accuses US of ‘economic bullying’ over equipment ban

China yesterday accused the U.S. of “economic bullying behavior” after U.S. regulators cited security threats in proposing to cut off funding for Chinese equipment in U.S. telecommunications

Blockchain frenzy that Xi started gets warning from state media

China’s state media said investors should avoid speculative behavior after comments by President Xi Jinping sent blockchain-related stocks surging on Monday. “The future is here

Xi uses China’s biggest annual meeting for politics, not economy

China’s economic challenges have proliferated in the almost two years since Xi Jinping last convened a full meeting of the Communist Party. But politics remain at the top of his

Taylor Swift helps Alibaba plug world’s biggest shopping spree

Taylor Swift will headline Alibaba’s Singles’ Day next month in Shanghai, turning her considerable star wattage on the world’s largest annual online shopping spree. By most measures the biggest recording star

US travel industry to Chinese tourists: What trade war?

Washington, D.C., has dangled hotel discounts tied to the Chinese Lunar New Year. Arizona has promoted its outdoor attractions to draw visitors during another popular Chinese holiday. San Francisco has expanded its

Tariff war | Gov’t says part of Phase 1 of trade deal text ‘basically completed’

China said parts of the text for the first phase of a trade deal with the U.S. are “basically completed” as the two sides reached a consensus in areas including

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