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China's ZTE posts fourth-quarter net loss after U.S. sanction case fine

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HONG KONG Chinese telecommunications equipment maker ZTE Corp on Thursday reported a net loss of 5.22 billion yuan ($760 million) in fourth-quarter profit, as it booked a $892 million charge to settle a U.S. sanctions case.

China's Geely doubles earnings as Volvo tech boosts sales

BEIJING China's Geely Automobile Holdings Ltd posted its biggest profit growth in eight years on Wednesday, as improved product design and engineering following its 2010 purchase of Sweden's Volvo helped propel it to record sales.

Mar 22 2017

Chinese firms offer pollution solutions with bottled air, hat filters, smog socks

BEIJING Even as Chinese Premier Li Keqiang pledges to ensure that blue skies never become a luxury, a state-backed firm is doing brisk business selling 48 yuan ($6.95) cans of fresh air bottled in a forest in western China.

North Korean cargo ship sinks off China, all crew rescued

BEIJING A North Korean cargo vessel called Kum San sank off the east coast of China early on March 9 after colliding with a Chinese fuel tanker, which rescued 27 crew members, the Ministry of Transport said in a statement on Monday.

China says no intention of using currency devaluation to its advantage

BEIJING China said on Friday it had no intention of using currency devaluation to its advantage in trade, responding to U.S. President Donald Trump's description of the Asian giant as the "grand champions" of currency manipulation.

Exclusive: Trump calls Chinese 'grand champions' of currency manipulation

WASHINGTON President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's foreign exchange practices.

China offers big anti-terror rewards in Xinjiang

BEIJING Authorities in a violence prone area of China's western Xinjiang region are offering 100 million yuan ($14.5 million) in rewards for anti-terror tips, state media said, a policy that coincides with a dramatic rise in regional security spending.

World, China Feb 22 2017

Apple sues Qualcomm in Beijing seeking 1 billion yuan

WASHINGTON Apple Inc filed a lawsuit against Qualcomm Inc in Beijing, alleging the chip supplier abused its clout in the chip industry and seeking 1 billion yuan ($145.32 million) in damages, Beijing's Intellectual Property Court said in a statement on Wednesday.

Jan 25 2017

Alibaba raises guidance as strategy shift makes progress

Chinese online retail giant Alibaba Group Holding beat analyst estimates with a 54 percent rise in third-quarter revenue, benefiting from its sharpened focus on cloud and digital media ventures as well as gains in its core business. | Video

Jan 24 2017

Exclusive: Banks forced to cover tracks of China's forex regulator

SHANGHAI China's forex regulator is telling banks to keep its instructions about curbing capital outflows secret and to ensure that research analysts keep any negative views about the yuan's prospects to themselves, several bankers said.

Jan 11 2017

The yuan charge

Participants wait to perform a dragon dance during a mass fitness programme outside the National Stadium, also known as the Bird's Nest, in Beijing June 20, 2009.

The Obama administration is taking China head on over the yuan. As Congress comes closer to punishing Beijing for not letting the currency strengthen more rapidly, Reuters explains the factors behind the yuan's sudden gains.   Document