Authorities arrest 800 in crackdown on underground banking

More than 800 people have been arrested in a crackdown on unlicensed banking operations as Beijing tries to stem outflows of money from the country, the

Beijing to probe speculation in commodity futures rally

China’s top economic planner is investigating whether speculation has distorted commodity futures prices, due to concerns that the recent rally will drive inflation higher, according to people with knowledge

Tsang first to qualify as candidate in race to run HK

Hong Kong’s former financial chief John Tsang received 160 nominations from a 1,200-member committee to formally qualify as a candidate in the race for the city’s top

Analysis | Will China be North Korea’s Trump card? 

China’s announcement that it has suspended North Korean coal imports may have been its first test of whether the Trump administration is ready to do something about

Regulator: China needs to rein in risky stock behavior

China needs to do more to stop risky behavior in its stock market, a regulator said yesterday, following a 2015 collapse in share prices and complaints investors

Former Xi colleagues promoted in economic team revamp

China chose former associates of President Xi Jinping to lead the commerce ministry and top economic planning body, shaking up his economic team as trade tensions

After protest, defense ministry says will address army veterans’ issues

China’s defense ministry said yesterday it expects economic growth and a strengthened social security system to solve problems faced by former soldiers, following reports of new

Bao Bao | US-born panda lands in Chengdu after leaving DC zoo

An American-born panda started settling into her new home yesterday in southwest China where she will eventually join a breeding program. Bao Bao was born at the

Chinese Basketball Association elects Yao Ming as president

Yao Ming has moved into management in a bid to hasten China’s basketball development. The Chinese Basketball Association voted unanimously to appoint former Houston Rockets star

North Korean state media say China dancing to US tune

North Korea’s state-run news agency issued a tough critique of China yesterday, suggesting Beijing’s criticism of the North’s recent missile test and suspension of imports of

Hong Kong | Donald Tsang gets 20 months in jail for misconduct

A former leader of Hong Kong was sentenced yesterday to 20 months in prison for misconduct after failing to disclose plans to rent a luxury apartment for

Hong Kong | Next chief executive to inherit improving economy

Hong Kong’s next chief executive will take office with an accelerating economy and a budget that provides scope to cut taxes and boost spending in the face

The great kick forward | China plans for 50,000 football academies by 2025

China plans to have 50,000 football academies by 2025 as part of an ambitious blueprint to grow into a soccer superpower. The announcement, made by China’s

Xinjiang authorities offer big rewards for terror tips

Authorities in China’s far western Xinjiang region are offering rewards of up to USD730,000 for terror-related tips as they ramp up security measures in the restive area.

Chinese minister appeals to Washington to avoid ‘trade war’

China’s commerce minister appealed to Washington yesterday to negotiate disputes and avoid a “trade war” that he warned would hurt both sides. The two governments should work

Finance | Regulators drafting rules to rein in asset management risks

CHINA’S financial regulators are working together to draft sweeping new rules for the country’s rapidly-expanding asset-management products that aim to make it clear there’s no government guarantees

Analysis | Beijing can do more than stop buying coal to squeeze Pyongyang

If China really wanted to pressure North Korea, it could go a lot further than a ban on buying the isolated country’s coal. Fuel and

Prefecture in Xinjiang to track cars by satellite

A prefecture in China’s far western Xinjiang region is requiring all vehicles to install satellite tracking systems as part of stepped-up measures against violent attacks. Traffic police in

Hong Kong | Disneyland posts 2016 loss on tourism softness

Hong Kong Disneyland posted a wider annual loss yesterday as attendance by mainland Chinese tourists dropped amid a softer tourism market. The park said it lost

Taipei protests Spain’s deporting of 200 Taiwanese to China

Taiwan’s foreign ministry has protested Spain’s decision to deport more than 200 Taiwanese telecom fraud suspects to China, in the latest instance of a government moving to

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