Alarming debt pile seen finally stabilizing in 2018

China’s massive debt pile may finally stabilize this year as President Xi Jinping prioritizes control of financial risks, according to economists. Total debt will

Briefs | HK retail sales up 15.7pct in first two months

The value of total retail sales in Hong Kong rose by 15.7 percent in the first two months over the same period last year, statistics released yesterday showed.

Facebook scandal alarms China eyeing next frontier in AI battle

The scandal over the alleged abuse of Facebook Inc.’s user data is unfolding a long way from China, and yet privacy regulators in Beijing have

Beijing says bishop selection does not breach religious rights

Restricting the Vatican’s control over the appointment of bishops in China does not infringe on religious freedom, a Chinese official said yesterday, amid historic negotiations between

Dearth of deposits pushes big banks to short-term debt

China’s biggest lenders are increasingly using short-term financing to meet demand for loans, in a development that could push up money-market rates. The banks are

As China, Vatican talk, bishop’s fate shows party’s power

The twin-spired church in this southern Chinese village was packed with more than a thousand Catholics observing Good Friday, but the bishop who tends to the

Tariffs on US pork, fruit raised in trade dispute

China raised import duties on a USD3 billion list of U.S. pork, apples and other products yesterday in an escalating dispute with Washington over

Beijing pleased with Hong Kong’s condemnation of Benny Tai

Mainland authorities have voiced their support for Hong Kong’s handling of Benny Tai’s controversial remarks in Taiwan. At a seminar last week in the Taiwanese

Chinese state TV shows insurance tycoon admitting guilt

State TV has shown the founder of the Chinese insurance company that owns New York City’s Waldorf Hotel admitting his guilt at a trial on charges he

Tiangong 1 | Defunct space lab hurtling toward Earth for re-entry

China’s defunct and reportedly out-of-control Tiangong 1 space station is expected to re-enter Earth’s atmosphere sometime this weekend. It poses only a slight risk to people and

Kim family has made denuclearization vows in China before

An enigmatic North Korean leader takes a secretive train trip to China to affirm fraternal ties and declare a commitment to denuclearization. It sounds like

Trade War | Beijing appeals to Washington to give up tariff plan

China’s Commerce Ministry urged Washington yesterday to discard planned tariffs it warned might set off a chain reaction that could disrupt global trade and said Beijing will “fight

Key moments in China-North Korea relationship

OCTOBER 1949 North Korea and China establish diplomatic relations. OCTOBER 1950 China intervenes in the Korean War and engages in combat with U.S.-led

Tweet diplomacy | Trump: Good chance Kim will do ‘what is right’

President Donald Trump said yesterday there’s “a good chance” that North Korean leader Kim Jong Un will “do what is right for his people and

Kim, Xi portray strong ties after N. Korean leader’s visit

With smiles and firm handshakes, North Korea and China used a surprise summit this week to show that despite recent tensions, Pyongyang still has a powerful backer

Kim Jong Un’s China visit may be start of his world travels

After six years of seclusion, North Korean leader Kim Jong Un seems to want to get out and see the world. Kim's surprise summit with Chinese President Xi Jinping this week

Mystery train from Pyongyang | North Korea’s Kim Jong Un is said to make surprise China visit

Kim Jong Un made a surprise visit to Beijing on his first known trip outside North Korea since taking power in 2011, three people with knowledge of the visit

Hong Kong | Skyline farms harvest more happiness than food

High above downtown Hong Kong’s bustling, traffic-clogged streets, a group of office workers was toiling away not on a corporate acquisition or a public share offering but

Opinion | North Korean visit shows Beijing still has role to play

No matter who was on the private train that pulled into Beijing from Pyongyang overnight, one thing is clear: China still plays a major role in efforts to

Key unofficial bishop in Vatican-China deal detained

A bishop in China’s underground Catholic church has reportedly been detained, just as the Vatican has been laying the groundwork for him to step aside as part

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