United Kingdom

David Stanway

China's small banks turn to exchanges for cash as money markets tighten

19 Jun 2019

SHANGHAI China's smaller banks and brokers are turning to stock exchanges to borrow short-term cash this week to escape the typical end of June pressure in money markets and more recent worries over credit risks in the sector.

China plans pilot nuclear reactor for heating in northeast

17 Jun 2019

BEIJING/SHANGHAI China plans to build a pilot small-scale nuclear reactor that could replace coal or gas to heat towns and cities in its colder northern regions, an official with the state-owned developer in charge of the project said on Monday.

Chinese vice premier urges more support for economy as trade war bites

13 Jun 2019

SHANGHAI Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said on Thursday, suggesting Beijing would soon unveil more policies to bolster growth amid rising U.S. trade pressure.

Chinese financial news site closed for 'rectification'

11 Jun 2019

SHANGHAI A popular Chinese financial news site, wallstreetcn.com, said it has been shut down to undergo "rectification" amid a wider crackdown by the Chinese authorities on websites and news providers.

A pollution crackdown compounds slowdown woes in China's heartland

24 May 2019

ANYANG/SANGPO, China For years, China's industrial heartland has been cloaked in smog, its waterways choked with pollution pumped from enormous clusters of factories churning out the mountains of cement and steel needed to build the Chinese economy. | Video

China to end subsidies for onshore wind power by 2021

24 May 2019

SHANGHAI China will end subsidies for new onshore wind power projects at the start of 2021, with renewable projects set to compete on an equal footing with coal- and gas-fired electricity, the country's state planning agency said on Friday.

Global chemical firms urged to source responsibly after lethal China blast: study

21 May 2019

SHANGHAI A prominent Chinese environmental group has called on chemicals multinationals to stop "cutting corners" by outsourcing business to Chinese suppliers that violate safety regulations after an investigation into a deadly explosion at a factory in March.

China goes all-in on home grown tech in push for nuclear dominance

17 Apr 2019

SHANGHAI China plans to gamble on the bulk deployment of its untested "Hualong One" nuclear reactor, squeezing out foreign designs, as it resumes a long-delayed nuclear program aimed at meeting its clean energy goals, government and industry officials said.

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