latest news headlines

Volvo's wave of electric cars starts with a new brand: Polestar.

Volvo made a big commitment earlier this year to put electric motors in all of its vehicles by 2019 , and now the automaker will double down on electrification with an entirely new luxury car brand. Volvo and its Chinese parent company, Geely Holdings, just announced that they'll invest about $755 million together to ...

- Mashable! - US | Huawei Mate 10 and Mate 10 Pro to hit SA in November.

Chinese electronics manufacturer Huawei has released the latest in its larger format smartphones - the Mate 10 and new Mate 10 Pro - which are expected to land in South Africa in November.

- Fin24 - SA

Global input for historic area's revamp plan.

SHANGHAI will redevelop the areas near Baoshan cruise liner port and Panyu Road historic neighborhood in downtown. The city has been given some ideas from global urban planners. A global competition has provided the city’s top planners with a choice of designs for revamping the two sites. A panel comprising officials ...

- Shanghai Daily - CN

Mainland, HK M&As add market share.

MERGERS and acquisitions on the Chinese mainland and Hong Kong managed to take up a slightly bigger share of activities in the Asia Pacific market in the first three quarters of 2017, although the value and number of M&As both dipped from the same period last year. The market share of Chinese mainland and Hong Kong M&A ...

- Shanghai Daily - CN

China's ODI tumbles nearly 42%.

CHINA’S non-financial outbound direct investment dropped 41.9 percent year on year in the first three quarters, official data showed yesterday. Chinese companies invested US$78 billion in 5,159 enterprises from 154 countries and regions during January-September, according to the Ministry of Commerce. The ...

- Shanghai Daily - CN

Congress charts course to future prosperity.

CHINA today raises the curtain for the national gathering of one of the world’s largest political parties. The 19th National Congress of the Communist Party of China will “make new strategic arrangements for the country’s reform and development over the next five years and beyond,” Tuo Zhen, ...

- Shanghai Daily - CN

China's reform, opening-up 'at a new starting point'.

CHINA’S policy of foreign investment utilization will remain unchanged, a spokesman for the 19th National Congress of the Communist Party of China said yesterday. China will also keep unchanged its protection of foreign-funded companies’ lawful rights and interests as well as its commitment to providing better ...

- Shanghai Daily - CN

China's Xi to open Communist Party congress, likely signalling plans for next five years | Reuters.

The post China's Xi to open Communist Party congress, likely signalling plans for next five years | Reuters appeared first on Firstpost.

- Firstpost - IN

Japanese PM Abe sends ritual offering to Yasukuni shrine for war dead.

Japanese Prime Minister Shinzo Abe sent a ritual offering to the Yasukuni Shrine for war dead, seen in China and the two Koreas as a symbol of Japan's past militarism, to mark its annual autumn festival, the shrine said on Tuesday.

- GMA News - PH

China's Xi to open Communist Party congress, likely to signal plans for next five years.

Chinese President Xi Jinping on Wednesday opens a critical Communist Party congress expected to cement his authority with a closely watched address signalling how he intends to put that power to use during a second five-year term.

- GMA News - PH

As Party Gathers, Xi Jinping Displays a Firm Grip on Power.

The Chinese Communist Party, which took power in 1949, is about to overtake the Soviet Union’s as the longest-ruling Communist party in history. Xi Jinping wants to extend that run.

- New York Times - US

China's Xi to open Communist Party congress, likely signaling plans for next five years

BEIJING - Chinese President Xi Jinping on Wednesday opens a critical Communist Party congress expected to cement his authority with a closely watched address signaling how he intends to put that power to use during a second five-year term.

- Reuters - US

China's CEFC Eyes Big League With Rosneft Oil Offtake Deal

For China, the world's top crude importer, having access to Russian oil would be a big step towards its ambition to create a globally integrated oil supply chain.

- - US

This Startup Turns Climate Pollution Into Fish Feed

We’re harvesting too many fish from the ocean not just for human plates–but to feed farmed fish as well. NovoNutrients wants to replace that fish food with something more sustainable: microbes grown with carbon dioxide. Off the coast of Senegal, where large Chinese ships now catch as much fish in a week as ...

- Fast Company - US

How Will China Select Its New Leaders At Its Communist Party Congress?

Experts believe Chinese leader Xi Jinping intends to bend, break or scrap informal succession rules. He is most opposed to a rule that could hinder his ability to designate his own successor.

- NPR - US

What To Expect As China's Ruling Communist Party Prepares For 19th National Congress

China's ruling Communist Party's 19th national congress will likely decide the country's leadership lineup for the next five to 10 years. While leaders will go all out to present a facade of orderly transition and party unity, analysts believe that the facade conceals some brutal political power struggles, due in part to a ...

- NPR - US

Huawei launches Sh90,000 phone

Chinese tech firm Huawei is targeting high-end buyers with its new Huawei Mate 10 and Huawei Mate 10 Pro, priced at Sh80,000 and Sh90,000 respectively.

- BusinessDailyAfrica - KE

Hiring not part of Alibaba pledge to create US jobs

Alibaba executive vice chairman Joseph Tsai said Tuesday he expects to boost US jobs by expanding the Chinese firm's e-commerce platform—not by hiring American workers.

- PhysOrg - NL

Report: North Korea hiding behind Hong Kong shell companies

Hong Kong may be a hotbed of North Korea shell companies that allow the Kim Jong Un regime to access the global financial system.

- UPI - US

U.S. indicts Chinese nationals for importing opioids

U.S. Deputy Attorney General Rod Rosenstein on Tuesday announced the indictment of two Chinese nationals for conspiracy to distribute opioids.

- UPI - US

Hong Kong sports fans have booed China's national anthem for years. Now they might go to jail.

Sports fans in Hong Kong have often shown their disdain for China's national anthem. A new law seeks to change that.

- Washington Post - US

Two Chinese Nationals Charged With Fentanyl Trafficking

Two Chinese men have been charged with running massive drug networks that manufactured and shipped thousands of doses of the potentially lethal drug fentanyl directly to U.S. consumers.

- Wall Street Journal - US

ZTE announces a foldable, dual-screen phone that makes no sense at all

If you like wasting money on experimental hardware, then you're going to love this new Android phone from China. SEE ALSO: Samsung promises foldable phones by 2018 ZTE announced today a brand new, foldable, dual-screen mutant phone otherwise known as the Axon M. The smartphone is sold exclusively through AT&T in the U.S. ...

- Mashable! - US

Feds Indict Chinese Nationals for Fentanyl Sales

A pair of Chinese nationals has been indicted on charges that they manufactured tons of fentanyl and other powerful narcotics that were then peddled in the United States.         


Glencore, Qatar finalise Rosneft deal

The consortium controlled by commodities giant Glencore and Qatar's sovereign fund announced a 7.8 billion-euro deal Monday to sell a 14-percent stake in Russian oil giant Rosneft to Chinese conglomerate...

- Expatica - NL

Tibetan traders harassed at Kyirong - Nepal border

Exercising additional scrutiny of Tibetan traders at Tibet-Nepal border, Chinese border authorities have stopped Tibetan merchants travelling from Kyirong into Nepal for lengthy docum

- - IN

No hopes from Xi's dictatorship': Tibetan NGOs on the eve of 19th National Congress

A day ahead of the seminal meet of the Chinese Communist party's 19th National Congress in Beijing, a coalition of Tibetan non-governmental organizations has proclaime

- - IN

Renminbi's share as international payment currency drops for second month in September: SWIFT

The share of the Chinese renminbi as an international payment currency declined for a second straight month in September, sliding down the global list to rank behind the Canadian dollar, according to global financial messaging service provider SWIFT on Tuesday. The Chinese government’s capital control had reduced the ...

- South China Morning Post - HK

'Xi Jinping Thought' – a break with China's past?

On the surface it seemed just like any other speech. The glimpse offered by the official state news agency covered familiar ground using well-worn jargon, urging cadres to sprint to the finish to achieve the “great Chinese revival”. But the address President Xi Jinping delivered on July 26 was like no other. The ...

- South China Morning Post - HK

Strong GDP tipped to be a shot in the arm for Xi but debt fears linger

China is expected to release a “stronger-than-forecast” GDP growth figure for the third quarter on Thursday, the second day of the Communist Party’s national congress, bolstering President Xi Jinping’s economic management credentials. Strong growth this year would build on the 7.2 per cent average ...

- South China Morning Post - HK

What can Xi offer to woo foreign investors? Fair play, say Beijing experts

China should do more to protect intellectual property rights and create a level playing field for foreign companies to lure investment from overseas in the coming years, government researchers say. Speaking at a forum organised by a state think tank in Beijing on Tuesday, they said the authorities were aware that long-term ...

- South China Morning Post - HK

Economic and political reforms take centre stage at China's party congress curtain-raiser

Economic and political reforms were the focus of the first press conference given by the ruling Communist Party on its congress that opens on Wednesday and will determine China’s course for the next five years. During the carefully scripted event in Beijing on Tuesday, most of the questions allowed from foreign media ...

- South China Morning Post - HK

China sets date to unveil Communist Party's new leadership line-up

The new leadership of China’s ruling Communist Party will finally be unveiled on Wednesday next week, with the party announcing its twice-a-decade national congress will conclude on October 24. As the run-up to the congress entered the final stage on Tuesday, delegates met behind closed doors for the most important ...

- South China Morning Post - HK

What has Xi Jinping achieved in his first five years as China's leader?

President Xi Jinping is about to begin his second term as the top leader of China’s Communist Party. So what has he done during the first five-year term? Politics ● After coming to power in 2012, Xi launched a relentless campaign to crack down on corruption and enforce loyalty. More than one million officials have ...

- South China Morning Post - HK

China to speed up construction of power project in PoK

China plans to complete ahead of schedule a USD two billion hydropower project in Pakistan- occupied Kashmir to ease energy crisis in Pakistan.

- Zee News - IN

Tajikistan's Gold Rush

Government officials in Tajikistan say gold production continued to rise in the first part of 2017. In the last five years, the Central Asian nation has doubled its gold output thanks partly to more foreign investment, especially from China. Faced with few economic opportunities, many Tajiks are turning to mining in hopes ...

- Radio Free Europe - US

Xi Jinping looks to extend his power

Having bested his rivals, Chinese President Xi Jinping is primed to consolidate his already considerable power as the ruling Communist Party begins its twice-a-decade national congress today.From meetings largely cloaked in secrecy,...

- The New Zealand Herald - NZ

PM may spend Deepavali with troops on China border

Prime Minister Narendra Modi, who prefers to spend Deepavali with troops on the border, is likely to spend time with the army and Indian-Tibetan Border Police soldiers at the China border in Uttarakhand for this years festival of lights.He may also visit the Kedarnath shrine on October 20, where he would inaugurate a ...

- Deccan Herald - IN

Xi set to enter China's 'hall of fame'

Community Party to amend the Constitution at the Congress to incorporate concepts proposed by the President

- The Hindu - IN

U.S. indicts major Chinese traffickers for selling fentanyl online

By Sarah N. Lynch and Doina Chiacu WASHINGTON - The U.S. Department of Justice has indicted two major Chinese drug traffickers on charges of making illegal versions of fentanyl and selling the highly addictive drug to Americans over the internet and through international mail. Xiaobing Yan, 40, and Jian Zhang, 38, who are ...

- Yahoo! News - US

Teaching China's next generation to express themselves in code

For 22 years, Xu Xinyan has taught computer skills and computer science to young Chinese students.

- TheCitizen - TZ

Japan PM Abe sends offering to war shrine

Japan's Prime Minister Shinzo Abe sent a ritual offering to a controversial war shrine on Tuesday, risking protest from China and South Korea which see it as a painful reminder of Tokyo's warring past.

- TheCitizen - TZ

Hong Kong racing betting tips: Cheerfuljet can propel Prebble to victory

A TYPHOON hit Hong Kong on Sunday, leaving both race tracks under many inches of water. The good news is both Sha Tin and Happy Valley are the quickest drying courses in the racing world. It means Happy Valley’s inner-city track won’t offer up its usual good to firm surface, but will still probably ride on the ...

- City AM - UK

Hong Kong racing betting: Teetan can leave punters with Fantastic Feeling

EVEN before the racing season kicked off, the omens looked good for 27-year-old jockey Karis Teetan. The Mauritian-born rider took part in the annual jockeys 60m sprint at the pre-season HK Carnival, and raced to victory by a staggering 30m, and that was with no shoes on! Teetan has already started the season in spectacular ...

- City AM - UK

Chinese backdoor malware resurfaces after more than a decade

The malware affects Windows 7 and up to Windows 8.1, the researchers confirmed.

- ZDNet - UK

China to take 70 percent stake in strategic port in Myanmar: official

China has agreed take a 70 percent stake in a strategically important sea port in Myanmar, at the lower end of a proposed range amid local concerns about Beijing's growing economic clout in the country, a senior government official said.

- BDNews24 - BD

‘I must imagine the unimagined’: US military commander warns North Korea’s nuclear warheads are ‘a recipe for disaster’

The top US military commander in the Pacific warned that the situation in North Korea is a “recipe for disaster” weeks before Donald Trump makes his first visit to the region as president. Admiral Harry Harris, head of the US Pacific Command, said in a speech on Tuesday in Singapore that China must do more to ...

- South China Morning Post - HK

Microlender KrazyBee raises $8 mn

KrazyBee, a Bengaluru-based microlending platform, said it had raised $8 million in a Series A financing led by Chinese smartphone maker Xiaomi Technologies and Shunwei Capital. Investors E-city Ventu...

- The Hindu - IN

China to take 70pc stake in strategic port in Myanmar, official says

YANGON, Oct 17 ― China has agreed take a 70 per cent stake in a strategically important sea port in Myanmar, at the lower end of a proposed range amid local concerns about Beijing's growing economic clout in the country, a senior government...

- The Malay Mail - MY

Cash and coffee: A young woman's path in a changing China

CHENGDU, Oct 17 — When she was a child, Qin Lijuan's grandfather was the local Communist Party boss in the district where they lived in southwestern China. But one of her favourite things to do was decidedly capitalistic. Her grandmother ran...

- The Malay Mail - MY