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Se Young Lee

China making fresh bid to boost loans to small firms as economy slows

Oct 30 2018

BEIJING China's banking and insurance watchdog said on Tuesday that it will soon release new rules to boost financing to the private sector including small companies, and urged banks to keep lending to businesses facing temporary difficulties.

China says U.S. trying to force it to submit on trade as new tariffs kick in

Sep 24 2018

BEIJING The United States and China imposed fresh tariffs on each other's goods on Monday as the world's biggest economies showed no signs of backing down from an increasingly bitter trade dispute that is expected to hit global economic growth. | Video

China's factory inflation slows, tariffs yet to stoke price pressures

Aug 09 2018

BEIJING China's factory price inflation cooled in July amid a slowdown in economic growth with Beijing locked in a heated trade dispute with Washington, although economists expect punitive tariffs on U.S goods to add to wider price pressures in months ahead.

China plans tariffs on $60 billion of U.S. goods in latest trade salvo

Aug 03 2018

BEIJING/SINGAPORE China proposed retaliatory tariffs on $60 billion worth of U.S. goods ranging from liquefied natural gas (LNG) to some aircraft on Friday, as a senior Chinese diplomat cast doubt on prospects of talks with Washington to solve their bitter trade conflict. | Video

Lone suspect in blast near U.S. embassy in Beijing caught

Jul 26 2018

BEIJING A bomb exploded outside the U.S. embassy in Beijing on Thursday, wounding the lone assailant, the embassy said in a statement, although police described the weapon merely as a "firework device". | Video

Qualcomm's $44 billion NXP offer deadline passes, no word from China

Jul 26 2018

SAN FRANCISCO/BEIJING The deadline for Qualcomm Inc to buy NXP Semiconductors passed at midnight U.S. eastern time without any word on Chinese regulatory approval, likely shutting the door on a deal embroiled in a bitter U.S.-China spat. | Video

China's new home prices hit fastest growth in almost 2 years, defy curbs

Jul 17 2018

BEIJING China's new home prices accelerated to their fastest pace in almost two years in June, with buyer demand in bigger cities resilient in the face of fresh curbs against speculation, a sign more restrictions may be needed.

China startup Luckin Coffee raises $200 million to propel expansion

Jul 10 2018

BEIJING China's Luckin Coffee, which has been expanding aggressively and touting itself as a local rival to Starbucks Corp , said on Wednesday it raised $200 million in a fundraising round that values the on-demand coffee delivery startup at $1 billion.

China's HNA Chairman Wang dies in France after falling from a wall

Jul 04 2018

BEIJING/MARSEILLE, France Chinese conglomerate HNA Group Co-Chairman Wang Jian died during a business trip in France on July 3 in what local police said appeared to be an accidental fall from a wall while posing for a photograph.

China further eases foreign investment curbs

Jun 28 2018

BEIJING China unveiled on Thursday a long-anticipated easing of foreign investment curbs on sectors including banking, the automotive and heavy industries, and agriculture as Beijing moved to fulfill its promise to open its markets further.

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