From laboratory in far west, China’s surveillance state spreads quietly

By Cate Cadell BEIJING, Aug 14 : Filip Liu, a 31-year-old software developer from Beijing, was travelling in the far western Chinese region of Xinjiang when he was pulled to one side by police as he got off a bus. The officers took Liu’s iPhone, hooked it up to a handheld device that looked like […]

Cambodia launches crackdown on Chinese prostitution rings

By Prak Chan Thul PHNOM PENH, Aug 14 : Up to 50 Chinese nationals have been detained in Cambodia as part of a crackdown on prostitution rings in Sihanoukville province, a Chinese investment hub, the provincial governor said on Tuesday. Cambodian Prime Minister Hun Sen is a close ally of Beijing and the Southeast Asian […]

NIO seeks to raise $1.8 bln in biggest U.S. listing by China automaker

By Julie Zhu and Brenda Goh HONG KONG/SHANGHAI, Aug 14 : Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest U.S. listing by a Chinese automaker. The company, backed by Chinese tech heavyweight Tencent Holdings Ltd, applied for a float of up […]

Former central bank governor: Yuan’s internationalization is progressing

By Alexandra Harney SHANGHAI, Aug 11 : The internationalization of the renminbi has made progress, Zhou Xiaochuan, former governor of China’s central bank, said on Saturday. “The internationalization of the renminbi is not a linear progress. It will move faster when there are opportunities to do so. Sometimes, it will move more slowly. But in […]

China banking and insurance regulator voices support for more lending

By Alexandra Harney SHANGHAI, Aug 11 : China’s banking and insurance regulator said it will facilitate the transmission of monetary policy by supporting more lending by financial institutions. The China Banking and Insurance Regulatory Commission said in a statement posted on its website that it would guide financial institutions to expand financing, including to qualified […]

Chinese media keep up drumbeat of criticism of US

By Alexandra Harney SHANGHAI, Aug 11 : China’s state media continued a barrage of criticism of the United States on Saturday as their tit-for-tat trade war escalated, while seeking to reassure readers the Chinese economy remains in strong shape. Commentaries in the People’s Daily, China’s top newspaper, likened the United States to a bull in […]