3:34 pm - Friday May 18, 2012

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China to cut trade tariffs as US visit looms

Duties will be reduced on an array of imports, including energy products and some consumer goods, China’s State Council said on Monday, without giving more details. The White House is pushing Beijing to cut tariffs and reverse a currency...

Beijing auto show to unveil cleaner cars

Carmakers at the Beijing auto show are due to unveil scores of clean energy vehicles as they try to convince Chinese customers to swap gas-guzzling SUVs for cleaner but slower and pricier options. But analysts say the rush to showcase green...

Chinese yuan weakens in first day of new trading range

China’s yuan weakened against the dollar Monday, the first day it was allowed to fluctuate against the greenback within a wider range. The exchange rate closed at 6.3150, down 0.3 percent from the 6.2960 daily fixing set by the central...

Beijing loyalist to lead HK after fraught elections

An election committee of about 1,200 Hong Kong notables picked Beijing-loyalist Leung Chun-ying as the city’s next leader yesterday, after a fraught campaign which will intensify pressure on China to keep its promise to allow Hong Kong a direct...

China to reform, grow economy, IMF eyes

China cannot delay tough economic reforms, Vice Premier Li Keqiang said on Sunday, underscoring the top leadership’s push for market-based change after the sacking last week of an ambitious provincial leader who wanted a bigger state role...

Beijing Hints Yuan Has Room to Rise

China’s central-bank chief said market forces will play a bigger role in setting the value of China’s currency but that it hadn’t yet reached equilibrium, suggesting that policy makers still see room for the yuan to rise despite...

China morning round-up: Parliament meets in Beijing

Monday’s newspapers across China are flooded with coverage of the annual parliamentary session.

Beijing’s Man in Hong Kong Comes Under Fire

Relations between Hong Kongers and mainland Chinese have deteriorated badly in recent weeks, with a range of angry complaints coming from the Hong Kong side

US, Pyongyang to hold Beijing talks on Feb 23

US and North Korean officials will meet in Beijing in 10 days time to discuss nuclear issues, State Department spokeswoman Victoria Nuland told reporters yesterday. “Special Representative for North Korea policy Glyn Davies will lead an...

Shanghai metro sees second suicide in 10 days

Shanghai metro saw its second suicide in the past 10 days, stirring public criticism over the metro’s perceived inability to prevent such deaths.