United Kingdom

John Ruwitch

To survive trade battles, China manufacturers deploy every weapon they can

22 Apr 2019

GUANGZHOU, China Manufacturers in China facing trade barriers are deploying an array of moves to try to keep foreign customers - giving discounts, tapping tax breaks, trimming workforces and, occasionally, shifting production overseas to skirt tariffs.

In nod to debt concerns, China Belt and Road summit to urge sustainable financing

21 Apr 2019

SHANGHAI World leaders meeting in Beijing this week for a summit on China's Belt and Road initiative will agree to project financing that respects global debt goals and promotes green growth, according to a draft communique seen by Reuters.

Shanghai's hotly-anticipated tech board draws defectors from rivals

13 Mar 2019

SHANGHAI A growing number of companies trading on China's main over-the-counter (OTC) equity market are defecting to Shanghai's hotly-anticipated Nasdaq-style technology board, as they follow the money.

China fund managers rush to capitalize on Shanghai's new tech board

03 Mar 2019

SHANGHAI Chinese asset managers are rushing to set up funds targeting Shanghai's upcoming Nasdaq-style technology board, in a race likely to fuel concern that China's speculative trading culture could lead to more price bubbles.

Hit or miss - Oscar for Alibaba's 'Green Book' no guarantee for China success

28 Feb 2019

BEIJING/SHANGHAI The big upset at the 2019 Oscars by "Green Book" was a victory for its Chinese investor Alibaba Pictures, but there is no guarantee the best-picture winner will be a hit when it opens this week in China where viewers prefer blockbusters.

South Korea, China urge concessions on both sides to end U.S.-North Korea standoff

10 Jan 2019

SEOUL/SHANGHAI China and South Korea called for concessions from the United States as well as North Korea, ahead of a possible second summit between North Korean leader Kim Jong Un and U.S. President Donald Trump, suggesting a U.S. pressure campaign aimed at the North's denuclearisation may be slipping.

Chinese city's property easing a test of central government resolve as economy slows

19 Dec 2018

BEIJING/SHANGHAI A city in eastern China has reversed a rule designed to curb real estate flipping, briefly boosting shares in property developers on Wednesday on speculation that more cities could follow suit as slowing sales weigh on the economy.

Detained Canadian in China being probed for harming state security

12 Dec 2018

BEIJING/SHANGHAI Chinese authorities are questioning former Canadian diplomat Michael Kovrig, who was detained days after the arrest in Canada of a Chinese businesswoman, on suspicion of engaging in activities that harmed China's national security.

World News

Sri Lankan police hunt 140 people after Easter bombings

Sri Lankan police are trying to track down 140 people believed linked to Islamic State, which claimed responsibility for the Easter Sunday suicide bombings of churches and hotels that killed 253 people, President Maithripala Sirisena said on Friday.