China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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1,923 articles matching the search query.
Huarong to Restructure, Exit Units in Downsizing Push
China Huarong Asset Management Co., the country’s bad-debt manager that has roiled markets with doubts about its future, will exit one unit and restructure another to focus on its core businesses as it seeks to shore up its finances.
He Sang 2 Songs at an Election Rally. Hong Kong Says He Violated the Law.
Anticorruption officials arrested Anthony Wong Yiu-ming, a Cantopop singer, who has publicly supported the Chinese territory’s pro-democracy opposition.
China Seeks More Communication With U.S. on Overseas IPOs
China’s securities regulator called for talks with its American counterpart after the U.S. Securities and Exchange Commission increased disclosure requirements for initial public offerings of Chinese companies amid nearly a $1 trillion share selloff last week.
Hong Kong police arrest man for booing national anthem
TAIPEI, Taiwan (AP) — Hong Kong police have arrested a man accused of booing the Chinese national anthem while watching an Olympic event at a mall. The 40-year-old man was allegedly waving colonial-era Hong Kong flags and booing, while urging others to join him in insulting the national anthem, according to a police statement posted on Facebook.
As China absorbs Hong Kong, why do both get Olympic teams?
TOKYO (AP) — Two teams, from two Chinese cities, confronting each other on a badminton court, thwacking the shuttlecock back and forth. Nothing unusual there. In China, teams play each other all the time.
Olympic Success Gives Hong Kong an Emotional Lift in Hard Times
As China clamps down on its civil and political rights, Hong Kong is finding solace and hope in its best-ever Olympic showing.
Hong Kong Protester Is Sentenced to 9 Years in First Security Law Case
Tong Ying-kit, 24, who drove a motorcycle into police officers while carrying a protest flag, was convicted of terrorism and inciting secession.
China Stocks Rally as Beijing Intensifies Effort to Calm Market
(Bloomberg) -- Stocks in China and Hong Kong jumped Thursday, after authorities intensified efforts to calm fears about a crackdown on the private education industry and as the central bank pumped liquidity into the financial system.The CSI 300 Index closed 1.9% higher, led by materials and industrial stocks. Hong Kong’s Hang Seng Index rallied 3.3%, as Meituan and Tencent Holdings Ltd. both climbed at least 9%. Technology shares extended gains after a report said China will continue to allow it
Ant Group-Backed Ubox Said to Weigh $500 Million Hong Kong IPO
Beijing Ubox Technology & Trade Co., a Chinese intelligent vending machine maker, is weighing a Hong Kong initial public offering that could raise as much as $500 million, according to people familiar with the matter.
Too Big to Fail? Debt Crisis at Property Giant China Evergrande Tests Xi Jinping
Xi Jinping has a lot riding on a situation that could get very bad indeed.
China Crackdown Threatens Fee Surge for US Investment Banks
China’s regulatory crackdown threatens to reverse a surge in underwriting fees for U.S. investment banks like Goldman Sachs Group Inc., Bank of America Corp. and Morgan Stanley.
China’s Top Legislature to Discuss New Laws for Hong Kong, Macau
China’s top legislative body will take the first steps toward imposing an anti-sanctions law on Hong Kong, local media reported, a move that could create complications for multinationals caught in rising tensions between Washington and Beijing.
Asian stocks sink after Wall St pulls back from record
BEIJING (AP) — Asian stock markets declined Wednesday after Wall Street pulled back from a record as investors awaited a Federal Reserve report for signs of when U.S. stimulus might be withdrawn. Investors also were uncertain how much farther China will go with a regulatory crackdown that set off a slide in its internet share prices.
Hong Kong Protester Is Convicted in First Trial Under Tough Security Law
Tong Ying-kit, 24, who struck police officers with his motorcycle while carrying a banner, could be sentenced to life in prison.
First person tried under Hong Kong security law found guilty
HONG KONG (AP) — The first person to be tried under Hong Kong’s sweeping national security law was found guilty of secessionism and terrorism on Tuesday in a ruling closely watched for indications of how the law will be applied as China tightens its grip on the city long known for its freedoms.
Meituan Stock Dives 15% After China Issues Food Platform Curbs
Meituan has shed more than $60 billion of its market value over two frenetic trading sessions, after Beijing unveiled sweeping reforms against private-sector companies that darkened the outlook for the world’s No 2 economy.
U.S., China Leave Room to Talk After Contentious Meetings
The U.S. and China left open the possibility of a summit between their presidents, despite a contentious day of talks in which Beijing outlined a series of demands that Americans showed little willingness to meet.
China Blasts NBC for Using ‘Incomplete’ Map on Olympic Broadcast
China lashed out at Comcast Corp.’s NBCUniversal for displaying an “incomplete” map of the country during its broadcast of the Tokyo Olympics opening ceremony when Chinese athletes appeared, saying the games shouldn’t be politicized.
London mayor sends message of support to Hong Kong emigres
LONDON (AP) — London’s mayor on Thursday sent a message of support to Hong Kong residents fleeing China’s crackdown on democracy to seek new live in the United Kingdom, saying his office will spend 900,000 pounds ($1.2 million) to help new arrivals with housing, education and finding jobs.
Pompeo warns Chinese counterpart of ‘more confrontation to come’
U.S. Secretary of State Mike Pompeo and his most direct Chinese counterpart, Yáng Jiéchí 杨洁篪 — who holds two equally important titles, Politburo member, and director of the Office of Foreign Affairs of the Communist Party of China — met yesterday in Hawaii. It was the first high-level diplomatic meeting between the U.S. and China in months, but don’t mistake that for a sign of détente.
Annual Tiananmen vigil in Hong Kong continues as police decline to enforce gathering ban
Thousands in Hong Kong attended the annual vigil today memorializing the 31st anniversary of the Tiananmen Square crackdown. Prior to the vigil, the police had announced a ban on public gatherings due to COVID-19, but in the end they did not enforce that ban.
Not really the end of Hong Kong but a transformation — an interview with economist Alicia García Herrero
The China Project spoke with Alicia García Herrero, chief economist for the Asia-Pacific at French investment bank Natixis and an adjunct professor at the Hong Kong University of Science and Technology, about Hong Kong.
What will happen if Hong Kong loses its special status?
How would the revocation of Hong Kong’s special status impact the special administrative region? The China Project lays out the key issues at stake.
How Hong Kong should be
Being a centrist in Hong Kong can be a lonely proposition, as our writer well knows. “Upholding and respecting the liberal political cultures and values of the city would benefit Beijing and Hong Kong alike,” Brian Wong writes, “though it pains me to see the futility of this pitch playing out before my eyes.”
Trump moves to rescind Hong Kong’s special status, terminates U.S. relationship with the WHO
President Trump’s press conference on Friday focused entirely on China. The U.S. President used sweeping rhetoric to announce measures punishing Beijing, but his announcements were not specific, and few would take place immediately.
Chinese Premier Li Keqiang: ‘recession will be followed by a new boom’
China is experiencing its worst economic slowdown in decades with tens of millions of people unemployed and a demand slump around the world dampening chances for a quick recovery. Premier Li Keqiang nonetheless sounded an upbeat message on the sidelines of the National People’s Congress.
Editor’s note for Wednesday, May 27, 2020
Dear Access member, “Today, I reported to Congress that Hong Kong is no longer autonomous from China, given facts on the ground,” tweeted U.S. Secretary of…
Hong Kong shaken after Beijing’s announcement of security law
After a long year of anti-Beijing protests and legal limbo, Beijing looks set to strengthen it’s control of Hong Kong once and for all.
‘One country, two systems’ isn’t dead. But Hong Kong needs serious overhaul and reform
No one — Establishment or Democratic, progressive or conservative, outside observer or local resident — should want to see Hong Kong burn.
Hong Kong shaken after Beijing’s announcement of security law
Yesterday, we reported that officials announced that Beijing would be passing new national security laws that will give the Communist Party more control over political activity…
Beijing to deliver death blow to ‘one country, two systems’ with Hong Kong law
The Two Sessions, China’s annual series of political meetings to approve and discuss new laws and give government work reports, kicked off today. The meetings…
Rule of law under attack in Hong Kong
Democratic legislation, the rule of law, freedom of speech, a liberal education system, and life as it has generally been known in the former British Colony are eroding rapidly under Beijing’s encroachment.
