Views on China | China’s Rust Belt can shrug off 1.8 million job cuts

There’s a flavor of “Crisis, what crisis?” about Premier Li Keqiang’s declaration that China can reduce the chronic overcapacity of its steel and coal industries while avoiding “large-scale layoffs.” Li was

Premier Li pledges more reform, tries to reassure on growth

  Chinese Premier Li Keqiang yesterday promised more market-opening reforms and said Beijing can keep slowing growth on track, seeking to reassure jittery global markets about the outlook for the world’s

Analysis | Taiwan, Korea challenges could push China’s nationalism

The economy dominated the Chinese legislature's annual session, but other challenges cropped up too, including the potential for new instability on the Korean Peninsula, unrest in Hong Kong, the election

Economy | Tobin tax riles analysts as Citi warns of foreign exodus

China’s draft plan for a tax on currency trading is getting a cold reception in the foreign-exchange market. Mizuho Bank Ltd. says the so-called Tobin tax on yuan transactions would reduce

Stocks rise for third day amid suspected state-fund buying

Chinese stocks eked out a gain in late trading amid speculation state-­backed funds intervened to support the market during annual policy meetings. The Shanghai Composite Index rose 0.2 percent at the

Taiwan | Former finance minister named future premier

President-elect Tsai Ing-­wen yesterday named a former finance minister as Taiwan’s next premier, tasked with reinvigorating the island’s slowing high-tech economy and stabilizing relations with neighbor China, which claims Taiwan

Beijing reaffirms its commitment to North Korea sanctions

China, North Korea’s most important ally, has reaffirmed its commitment to fully implement United Nations sanctions against Pyongyang over its recent nuclear tests and missile launches. In a phone conversation with

Analysis | Political economics according to Xi: working class are masters

When China’s legislators head back to their provinces once Beijing’s annual parliamentary gathering concludes today, they’ll be tasked with implementing the specific policies outlined and the less tangible philosophies of

Views on China | The last thing China’s startups need is People Bank’s help

Zhou Xiaochuan has a lot on his plate. As governor of the People’s Bank of China, the central banker is needed to deal with all manner of economic challenges, from the

Offshore yuan drops as Zhou says no need for major economy steps

The offshore yuan declined the most in two weeks after China’s central bank governor said major measures weren’t needed to boost growth even as data released over the weekend pointed to

Financial Times report: Shenzhen mall serves up Hong Kong shopping experience

  As Chinese shoppers shun Hong Kong because of rising anti-­mainland sentiment, the city’s retailers are hoping for some respite with the opening of their own mall in neighbouring Shenzhen. The RMB350m

Taiwan | Taipei launches database on areas vulnerable to quake damage

The Central Geological Survey’s research tool shows the potential for soil liquefaction, in which the ground subsides, endangering buildings above. Color-coded maps can be sent in the form of alerts

South China Sea | Vietnamese honor soldiers killed by Chinese 28 years ago

About 200 Vietnamese gathered in central Hanoi yesterday to remember 64 Vietnamese soldiers who were killed by the Chinese navy in a clash 28 years ago in the disputed South

Beijing pledges new push against ‘hostile forces’ and separatists

  China’s chief prosecutor said yesterday that battling “infiltration, subversion and sabotage by hostile forces” is a key priority this year, with terrorists, ethnic separatists and religious extremists all in his crosshairs. In

‘Ten Years’ disappears from HK cinemas

The controversial dystopian film “Ten Years,” hailed as a timely insight into the mainland’s increasing intrusion into Hong Kong’s political autonomy, has largely disappeared from movie theaters, leaving private showings

Miners protest over governor’s claim

Angry miners from Longmay Mining Holding Group Co. Ltd. and their family members marched through the city of Shuangyashan on Saturday and gathered in front of the company’s local offices. In

Tsang defends Hong Kong economy after Moody’s outlook cut

Hong Kong Financial Secretary John Tsang defended the city’s economy after Moody’s Investors Service cut the city’s long-term debt outlook because of its links to China. Moody’s maintained Hong Kong’s long-term debt and

HK approves China express rail link in contested vote

Hong Kong approved funding needed for a high-speed rail link to China after a contested vote among lawmakers, giving the green light for MTR Corp. to resume construction on the HKD84.4 billion (USD11

Fake story reflects real divide between rural, urban Chinese

A woman from a big Chinese city visits her boyfriend’s rural hometown and is so appalled by the squalor she sees that she dumps him. The story was fake, but it

Trump’s positions on trade, alliances could roil Sino-US ties

China is ripping off America in trade and should be slapped with a fat import tax. U.S. military allies Japan and South Korea are freeloading and need to pull their

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