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- Bekri has been expelled from the Communist Party and his case will be transferred to prosecutors for further investigation
Premier ends National People’s Congress by promising to introduce measures to alleviate burdens felt by the private sector.
Premier ends National People’s Congress by promising to introduce measures to alleviate burdens felt by the private sector.
Record numbers of Chinese companies are defaulting on their bonds, while they are also taking longer than ever to pay their suppliers, says trade credit insurer Coface.
Record numbers of Chinese companies are defaulting on their bonds, while they are also taking longer than ever to pay their suppliers, says trade credit insurer Coface.
By lowering expectations slightly, promising enough reforms to satisfy the US and enough stimulus to stave off a major slowdown, China’s 2019 plans walk a thin – but important– line.
By lowering expectations slightly, promising enough reforms to satisfy the US and enough stimulus to stave off a major slowdown, China’s 2019 plans walk a thin – but important– line.
Negative stereotypes mean private companies are finding it hard to get the credit they need, warns pharmaceutical boss.
Negative stereotypes mean private companies are finding it hard to get the credit they need, warns pharmaceutical boss.
Victims were from 35 countries, including eight from China – one of them from Hong Kong.
Victims were from 35 countries, including eight from China – one of them from Hong Kong.
State assets oversight agency denies any ‘systematic arrangement for extra subsidies’ for firms controlled by central government.
State assets oversight agency denies any ‘systematic arrangement for extra subsidies’ for firms controlled by central government.
Domestic structural issues are a bigger factor in the slowdown than impact from the US-China trade war.
Domestic structural issues are a bigger factor in the slowdown than impact from the US-China trade war.
Negotiators have made progress but remain far apart on areas such as Beijing’s subsidies for state enterprises and its industrial policy, analysts say.
Negotiators have made progress but remain far apart on areas such as Beijing’s subsidies for state enterprises and its industrial policy, analysts say.
Electric car sector typifies hostility to Chinese support for state-owned enterprises, which revamping the WTO agreement could address – but could China give up its attachment to SOEs?
Electric car sector typifies hostility to Chinese support for state-owned enterprises, which revamping the WTO agreement could address – but could China give up its attachment to SOEs?
By insisting that China stop subsidies to state-owned enterprises, among other demands, the US is likely to derail trade negotiations the entire world needs to see succeed. Washington should adopt a longer-term and more flexible approach.
By insisting that China stop subsidies to state-owned enterprises, among other demands, the US is likely to derail trade negotiations the entire world needs to see succeed. Washington should adopt a longer-term and more flexible approach.
The private sector has been sidelined despite Beijing’s 2013 decision to allow market forces to play a decisive role in the economy, US economist Nicholas Lardy says.
The private sector has been sidelined despite Beijing’s 2013 decision to allow market forces to play a decisive role in the economy, US economist Nicholas Lardy says.
China Railway Rolling Stock Corporation made a sponsored site visit last month for companies interested in bidding for the US capital’s US$1 billion railcar contract
China Railway Rolling Stock Corporation made a sponsored site visit last month for companies interested in bidding for the US capital’s US$1 billion railcar contract
Liquidation plans for state-owned enterprises in regions including Hebei, Heilongjiang, Henan and Shaanxi underway, but fears this may add to anxieties over unemployment.
Liquidation plans for state-owned enterprises in regions including Hebei, Heilongjiang, Henan and Shaanxi underway, but fears this may add to anxieties over unemployment.
While charge sheet says Sun was responsible for causing huge losses to the state, one source claims accused could face death penalty if he compromised national security.
While charge sheet says Sun was responsible for causing huge losses to the state, one source claims accused could face death penalty if he compromised national security.
Revenues and profits surged for China’s biggest state-owned industrial firms in 2018 in contrast with a weak private sector and broad economic slowdown.
Revenues and profits surged for China’s biggest state-owned industrial firms in 2018 in contrast with a weak private sector and broad economic slowdown.
Warning comes amid investigation into missing Supreme People’s Court documents relating to ownership dispute over US$56 billion coal mine.
Warning comes amid investigation into missing Supreme People’s Court documents relating to ownership dispute over US$56 billion coal mine.
Former party chief’s arrest foreshadowed by state television documentary on corruption in Shaanxi province.
Former party chief’s arrest foreshadowed by state television documentary on corruption in Shaanxi province.
The ‘sixth generation’ expected to follow Xi seems to have lost momentum, while a younger group is gaining the same kind of experience in provincial positions that Xi did on his route to the top.
The ‘sixth generation’ expected to follow Xi seems to have lost momentum, while a younger group is gaining the same kind of experience in provincial positions that Xi did on his route to the top.
Despite Beijing’s promises to support the sector, entrepreneurs still fear government intervention in the legal process for political aims.
Despite Beijing’s promises to support the sector, entrepreneurs still fear government intervention in the legal process for political aims.
Cai was found guilty of taking money and gifts worth over US$7.8 million to manipulate contracts and promote illegal oil sales and purchases from 1997-2016. He also was fined US$435,000.
Cai was found guilty of taking money and gifts worth over US$7.8 million to manipulate contracts and promote illegal oil sales and purchases from 1997-2016. He also was fined US$435,000.
Private firms and foreign investors in tandem with the overhaul of the state economy have transformed China into an economic powerhouse, but the playing field is still tilted in favour of state-owned enterprises
Private firms and foreign investors in tandem with the overhaul of the state economy have transformed China into an economic powerhouse, but the playing field is still tilted in favour of state-owned enterprises
Promotions across state bureaucracies bring infusion of fresh blood to government.
Promotions across state bureaucracies bring infusion of fresh blood to government.
China is rolling out a nationwide initiative to help private business owners but some question whether it will be able to take the necessary steps.
China is rolling out a nationwide initiative to help private business owners but some question whether it will be able to take the necessary steps.
Communist Party rule is key to weathering ‘unimaginable’ perils and dangers, according to the Chinese president. But his one-and-a-half hour speech sheds little light on future reforms, to the chagrin of those wanting economic liberalisation, and doesn’t mention US trade war or slowing economy.
Communist Party rule is key to weathering ‘unimaginable’ perils and dangers, according to the Chinese president. But his one-and-a-half hour speech sheds little light on future reforms, to the chagrin of those wanting economic liberalisation, and doesn’t mention US trade war or slowing economy.
Graft-buster finds Sun Bo guilty of trading power for financial gain and taking bribes, but sources say he was investigated for passing information about China’s first aircraft carrier to foreign intelligence agents.
Graft-buster finds Sun Bo guilty of trading power for financial gain and taking bribes, but sources say he was investigated for passing information about China’s first aircraft carrier to foreign intelligence agents.
Deputy head of the State-owned Assets Supervision and Administration Commission, Meng Jianmin, makes comments in private speech at closed-door meeting.
Deputy head of the State-owned Assets Supervision and Administration Commission, Meng Jianmin, makes comments in private speech at closed-door meeting.
‘They’re old enough for the responsibility’: state-owned companies are fast-tracking clerical workers into the biggest jobs after a ruling that party and business can’t mix
‘They’re old enough for the responsibility’: state-owned companies are fast-tracking clerical workers into the biggest jobs after a ruling that party and business can’t mix
Stern red cards quote the mission from last year’s party congress and remind members to follow the direction of the Central Committee, as Xi Jinping pushes to strengthen the party’s control.
Stern red cards quote the mission from last year’s party congress and remind members to follow the direction of the Central Committee, as Xi Jinping pushes to strengthen the party’s control.
Existing reform of China’s IP rules may benefit Washington, but with state-owned ‘dinosaurs’ more entrenched than ever US calls for structural change to China’s economy look unrealistic.
Existing reform of China’s IP rules may benefit Washington, but with state-owned ‘dinosaurs’ more entrenched than ever US calls for structural change to China’s economy look unrealistic.
Though the reforms that the US demands are also to China’s benefit, both leaders, and the political and economic systems they represent, are so far apart in ideology that an agreement can only come about through compromise. But whose compromise?