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S&P says downgraded China as credit growth still too fast

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BEIJING China's attempts to reduce risks from its rapid buildup in debt are not working as quickly as expected and credit growth is still too fast, S&P Global Ratings said on Friday, a day after it downgraded the country's sovereign credit rating. | Video

S&P says downgraded China as credit growth still too fast

BEIJING China's attempts to reduce risks from its rapid buildup in debt are not working as quickly as expected and credit growth is still too fast, S&P Global Ratings said on Friday, a day after it downgraded the country's sovereign credit rating. | Video

1:06am EDT

China's ruling Communist Party expels former Gansu party boss for graft

BEIJING China has expelled a former party boss of northwestern Gansu province from the Communist Party, the country's anti-graft agency said on Friday, after an investigation showed he received bribes and was involved in "superstitious activities".

World, Sep 21 2017

China's small factories fear 'rail Armageddon' with orders to ditch trucks

BEIJING Thousands of small factories in China, making everything from steel to chemicals, are scrambling for access to the country's clogged rail network as Beijing curbs the use of diesel trucks in an effort to tackle air pollution.

China urges North Korea not to go further in a 'dangerous direction'

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S&P downgrades China's rating, citing increasing economic, financial risks

BEIJING S&P Global Ratings cut China's long-term sovereign credit ratings by one notch to 'A+' from 'AA-' on Thursday, saying its prolonged period of strong credit growth has increased its economic and financial risks.

Sep 21 2017

Alibaba-backed Best seeks last-mile logistics growth after IPO: CEO

HONG KONG China's Best Inc , flush with $450 million from a U.S. initial public offering (IPO), is broadening its scope in so-called last-mile logistics in China as a key strand of its growth strategy, its chief executive told Reuters.

Deals, Sep 21 2017

China says 'good preparations' should be made for Trump's visit

BEIJING "Good preparations" should be made by China and the United States to ensure that U.S. President Donald Trump's visit to China later this year is a success, Chinese foreign minister Wang Yi told U.S. Vice President Mike Pence.

World, United Nations Sep 21 2017

South Korea approves aid to North Korea, North calls Trump 'barking dog'

SEOUL South Korea approved a plan on Thursday to send $8 million worth of aid to North Korea, as China warned the crisis on the Korean peninsula was getting more serious by the day and the war of words between Pyongyang and Washington continued.

Tencent's stake purchase boosts CICC shares to all-time high

Tencent Holdings Ltd's nearly 5 percent equity stake in China International Capital Corp Ltd (CICC) sent the investment bank's shares in Hong Kong to an all-time high.

Deals, Sep 21 2017