Advertisements
//
archives

London

This tag is associated with 25 posts

Suspected Chinese spy company Huawei quietly opened a London ‘research lab’ with 60 computer vision engineers right next to Facebook and Google


Huawei has quietly opened a new artificial-intelligence research lab right on Facebook and Google’s doorstep in London, Business Insider has learned. The new office is at a prime spot in London’s buzzy Kings Cross neighbourhood and houses around 60 engineers focused entirely on AI. According to one source with knowledge of Huawei’s plans, the Chinese … Continue reading

Hong Kong Stock Exchange just proposed a $37 billion deal to buy the London Stock Exchange


Hong Kong Stock Exchange says it’s proposing to buy the London Stock Exchange Group for $36.6 billion. The Hong Kong exchange, or HKEX, announced the plan on its website Wednesday morning, the result of what it said was “early engagement” with the London Stock Exchange. A tie-up would create an exchange giant with a combined … Continue reading

On day of Hong Kong mass protests, China shows military strength by opening barracks to public


As tens of thousands gathered in Hong Kong on Tuesday to demand greater democracy and freedom from Beijing’s control, China’s military garrison stationed in the freewheeling capitalist hub launched its own offensive – to charm them. The People’s Liberation Army (PLA), the armed forces of China‘s ruling Communist Party, offered visitors a rare glimpse of … Continue reading

Britain says China calls off human rights talks at last minute


China has called off talks with Britain on Beijing’s human rights record, the British government said on Monday, four days after Britain published a list of concerns. Chinese and British officials had been due to hold a round of the bilateral Human Rights Dialogue in London on Wednesday after they agreed to restart the regular … Continue reading

China increases rights abuses even as labour camps ditched


China is increasingly using extra-judicial “black jails” and drug rehabilitation centres to punish people who would formerly have been sent to forced labour camps, rights group Amnesty International said on Tuesday. China vowed last month to do away with hundreds of labour camps, as part of a landmark package of social and economic reforms. Official … Continue reading

China frees up lending rates in major reform


China’s central bank removed controls on bank lending rates, effective Saturday, in a long-awaited move that signals the new leadership’s determination to carry out market-oriented reforms. The move gives commercial banks the freedom to compete for borrowers, a reform the People’s Bank of China (PBOC) said will help lower financial costs for companies. Previously, the … Continue reading

China targets foreign firms for charging more than inferior domestic products


China’s top economic planning agency is investigating costs and prices charged by drugmakers, including units of GlaxoSmithKline and Merck, as foreign firms come under pressure from Beijing over possible price-fixing. The move follows a separate probe into instant milk powder, which has already led to price cuts. The National Development and Reform Commission (NDRC) is … Continue reading

China’s CCP tightens grip on power after Egyptian crisis


CCP leaders view the latest upheaval in the Middle East as a vindication of their policy of gradual reform and opening up to maintain stability. As demonstrations and street clashes again rock Egypt, many in China are watching closely to see what that will mean for the prospects of political reform at home. Many on … Continue reading

Chinese developer ‘rescues’ London docks with $1.5 billion deal


London Mayor Boris Johnson sealed a 1.5 billion USD deal with a Chinese property developer to turn a historic London dock into a 21st-century “Asian business port”: the Royal Albert Dock is set to become London’s third business district. The deal is believed to be worth $9bn to the UK economy, generating $35 million in business … Continue reading

New penis-shaped People’s Daily building is literally China’s propaganda organ


The shape of the new headquarters of the People’s Daily, the Communist Party’s main propaganda machine, has sparked heated discussion online for looking a bit too phallic. The building is still under construction in Beijing, but at its current stage, documented widely in pictures on social media sites, its shape is certainly suggestive. Most photos … Continue reading

China uses copycat architecture to modernise, define and celebrate itself


Throughout history, civilisations have copied, borrowed and shared architectural styles. London‘s St. Paul’s Cathedral and the United States Capitol dome are both modelled after the Pantheon in Rome. Chicago’s Tribune Tower takes from the Gothic design of Rouen Cathedral in France. Now, the Chinese are copying the most iconic cities and towns of the West … Continue reading

China’s ambition to become global currency has a long way to go


In Reuter’s report titled China’s yuan hits headwinds in bid to be global currency, it says, “China’s campaign to get the world using its currency, the yuan, is hitting headwinds in corporate boardrooms, raising doubts as to whether it will ever challenge the dominance of the U.S. dollar in global trade and finance.” China certainly has … Continue reading

Crude drops below $90 on signs of slowing Chinese growth


West Texas Intermediate crude fell below $90 a barrel for the first time in 2013 as service industries in China expanded at the weakest pace in five months, adding to speculation that demand growth is slowing. Prices declined for the seventh time in nine days as the expansion of the non-manufacturing industry in China, the world’s largest … Continue reading

China: Diggers pile up unsold after Caterpillar adds capacity


Caterpillar Inc, Komatsu Ltd and other construction-equipment makers have built enough capacity in China to satisfy global demand twice over while sales in the country are falling, according to a research company. Manufacturing capacity in China is almost 600,000 excavators a year while the worldwide market is about 300,000, according to London-based Off-Highway Research. Inventories of crawler … Continue reading

China’s unique opportunity with foreign banks; must liberalise quickly to become top global financial hub


Economic growth in China for this year is projected to be 7.7% and while this figure is one most countries around the world are highly envious of, it’s low by Chinese standards. But that does not mean that every sector is doing worse than usual, when it comes to banking (both high-street and investments) the … Continue reading

Cambodia: Luxury wood trade to China revealed.


Thousands of cubic meters of luxury wood is being shipped from Cambodia to China each year, according to official Chinese import documents shown to The Cambodia Daily. According to the data, some 36,000 cubic meters of logs under the “rosewood” category have been recorded entering China from Cambodia between January 2007 and the end of … Continue reading

Eight ways China is changing your world


China’s ruling Communist Party meets from 8 November to rubber-stamp sweeping changes that will put in place the country’s leaders for the next 10 years. Here are eight reasons – eight being an auspicious number in China – why the world should pay attention to what happens in the secretive corridors of Beijing’s Great Hall … Continue reading

Chinese netizen speaks out: “China spending as much on calming civil unrest as US on war effort”


Even putting current tensions between the country and Japan aside for the moment, China has seen a great deal of civil unrest in recent months. With citizens losing faith in their government, and the gap between the poor and the wealthy seemingly growing ever larger, it is little wonder that protests and riots are occurring … Continue reading

China hopes to dominate at Paralympics


A new generation of Chinese athletes arrived in London this week with hopes of dominating the Paralympics, but officials are downplaying chances the streamlined team can match its mammoth 2008 medal haul. China’s Paralympic team swept all aside in Beijing four years ago, with 89 golds and 211 medals in total, more than double its … Continue reading

Olympics: China stands divided over its win-at-all-cost philosophy


Just 28 years after China won its first Olympic gold medal, the nation is coming to terms with life as the world’s leading athletic superpower and is apparently not sure what to do about it. Gold medals still bring rapturous applause from the world’s most populous nation, but the response to scenes of perceived failure … Continue reading

China’s nationalised Olympic team: the personal cost of winning and losing


While David Cameron promised to turn Olympics into gold for the British, the Chinese athletes vowed to bring back gold. Unlike Mr Cameron, who keeps surprising his tax payers with an increasing Olympics budget, the Chinese athletes are keeping their words, at great expenses. The Chinese take Olympic medals seriously. Ever since the Chinese Olympic … Continue reading

Business Week Reports China Economic Slowdown Despite Stimulus


Amid growing concerns that China’s growth figures may be overstated, the National Bureau of Statistics announced July 13 that gross domestic product grew 7.6 percent in the second quarter, its slowest pace in three years. A slowdown in investment, including in real estate and infrastructure, the primary driver of China’s growth in recent years, plus … Continue reading

China opens door to foreign hedge funds


China has given foreign hedge funds permission to tap its wealthy citizens inside the country for funds to invest overseas, according to people in the industry. The move represents another important step by China to open its capital account – a process that involves dismantling regulations separating China from international markets. The pace of these … Continue reading

Sydney vies to be latest offshore yuan market


SCMP’s George Chen says on June 28, “Australia‘s main financial centre is in talks to follow London and Singapore, and Beijing and Hong Kong are said to be receptive to the idea”. An unidentified source says, “Beijing has made clear to Australian officials that although London has launched the first offshore yuan market outside Hong … Continue reading

China suffers from “moral crisis”, Dalai Lama says


China is beset by a moral crisis, widespread corruption and lawlessness, leading millions of Chinese to seek solace in Buddhism, Tibet’s exiled Buddhist leader, the Dalai Lama, said on Monday. The Dalai Lama was in London to receive the $1.7 million Templeton prize for his work affirming the spiritual dimension of life. Speaking to reporters … Continue reading

Advertisements

China Daily Mail

China Daily Mail is not affiliated in any way with The China Daily or the government of the People's Republic of China.

Enter your email address to receive an email each time an article is published, or join our RSS feed. 100% FREE.

Want to write for China Daily Mail?

Read “Contributor Guidelines” above to join our team of 76 contributors. Write news or opinion about issues in China, or post photos and video. Promote your own site.

Recent Posts

China Daily Mail Stories Have Been Featured In:

Advertisements