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  • China's anti-graft czar Wang Qishan to bow out, party sources say

    BEIJING -- As China's Communist Party prepares to choose its leaders for the next five years, all eyes are on the makeup of the powerful Politburo Standing Committee, which President Xi Jinping looks to fill with close allies. The party's twice-a-de

    October 18, 2017 10:00 am JST
  • China Treasury holdings highest since July 2016: US Treasury data

    NEW YORK (Reuters) -- China's holdings of Treasuries in August rose to their highest since July 2016, data from the Treasury Department showed on Tuesday, with some analysts saying the Chinese government was probably buying U.S. government debt to s

    October 18, 2017 07:18 am JST
  • Trump administration again declines to name China currency manipulator

    WASHINGTON (Reuters) -- Washington on Tuesday declined to name China as a currency manipulator although it remained critical of the Chinese government's economic policies ahead of a planned visit to Beijing by President Donald Trump.The semi-annual

    October 18, 2017 07:08 am JST
  • Interview

    BHP sees shiny future for copper

    TOKYO -- To the layperson, copper may lack the glamour of gold and the shine of silver. But to the world's largest mining company, BHP Billiton, humble copper is precious indeed.In an interview with the Nikkei Asian Review, Arnoud Balhuizen, the Aus

    October 18, 2017 07:00 am JST
  • Richard Heydarian

    Duterte's pro-China shift fractures anti-Beijing alliance in Southeast Asia

    One of the major unintended consequences of Philippine President Rodrigo Duterte's foreign policy is the fracturing of an emerging regional alliance in the South China Sea. By cozying up to China and turning away from allies in Southeast Asia, the F

    October 18, 2017 07:00 am JST
  • 'Many people will die' as North Korean sanctions bite, defector says

    NEW YORK -- North Korean trade has been "completely blocked" by U.S.-led sanctions, a former senior economic official for the rogue nation told an audience here Monday, voicing doubts about the economy's ability to hold up under international pressu

    October 18, 2017 05:44 am JST
  • China's Orient Hontai in deal to take control of Spain's Imagina

    MADRID (Reuters) -- China's Orient Hontai has agreed to buy a majority stake in Spanish sports rights group Imagina for $1 billion, the latest deal from deep-pocketed Chinese investors to transform the Asian country into a global soccer powerhouse.I

    October 18, 2017 05:23 am JST
  • Volvo debuts first 'Made in China' Polestar hybrid

    SHANGHAI -- Swedish automaker Volvo Car announced its first hybrid model under its retooled Polestar brand Tuesday, pressing the accelerator on efforts to capture demand from countries going green across the globe.The Polestar 1 plug-in hybrid seats

    October 18, 2017 05:14 am JST
  • builds coalition to challenge e-commerce leader Alibaba

    BEIJING/SHANGHAI -- As China's online retailers prepare for Singles Day on Nov. 11, the biggest shopping event of the year, second-ranked is enlisting powerful allies in its effort to steal the sales crown from Alibaba Group an

    October 18, 2017 04:50 am JST
  • Abe won't visit Yasukuni to avoid provoking Beijing, Seoul

    TOKYO -- Prime Minister Shinzo Abe intends to pass on visiting a controversial shrine honoring Japan's war dead during its autumn festival this week, apparently seeking to avoid provoking China and South Korea at a critical time for regional diploma

    October 18, 2017 03:33 am JST
  • Wastepaper prices in Japan slip as China limits imports

    TOKYO -- Japanese wastepaper prices continue to fall as exports to China retreat amid Beijing's push to tighten environmental regulations.The wholesale purchase price -- at which wholesalers buy from collectors -- of used magazine paper is currently

    October 18, 2017 01:20 am JST
  • Sky-high real estate made Hong Kong Asia's priciest city: Julius Baer

    HONG KONG -- It is perhaps not surprising that Hong Kong, where even the top government official finds housing unaffordable, is the costliest metropolis in Asia.The semi-autonomous region of China jumped two places to lead 11 cities in an annual ran

    October 18, 2017 01:16 am JST
  • DRAM price to rise until 1Q of next year: Nanya Tech chief

    NEW TAIPEI CITY, Taiwan -- The president of Nanya Technology, a big Taiwanese memory chip maker, on Tuesday said the price of dynamic random access memory chips will continue to rise until the first quarter of 2018, thanks to robust demand from stro

    October 17, 2017 11:46 pm JST
  • Bridgestone puts profits above market share in China

    TOKYO -- Bridgestone, the world's largest tire maker, will not pursue a larger market share in China and instead will focus on products and customers that will enable good financial returns, the company's chief executive said.At a news conference on

    October 17, 2017 09:09 pm JST
  • Hong Kong stocks end flat on eve of China's 19th Party Congress

    HONG KONG (Nikkei Markets) -- Hong Kong shares ended little changed on Tuesday, reflecting caution as investors were guarded a day before the start of a key meeting of China's Communist Party in Beijing.The Hang Seng Index edged up just 0.02% to 28,

    October 17, 2017 08:59 pm JST
  • Chinese Communist Party to hold twice-a-decade congress Oct. 18-24

    BEIJING -- China's ruling Communist Party will hold its once-every-five year congress from Oct. 18 to 24, a senior official said Tuesday.During the congress, the party will amend its charter and select its top leadership immediately after, in widely

    October 17, 2017 08:29 pm JST
  • Hong Kong shares move cautiously before China's party congress

    HONG KONG (Nikkei Markets) -- Hong Kong stocks edged higher on Tuesday after a choppy morning session, with traders appearing to be cautious ahead of the start of a meeting of China's Communist Party on Wednesday.By midday, the Hang Seng Index had r

    October 17, 2017 02:35 pm JST
  • Fraser Howie

    Chinese private companies are an illusion

    The Chinese Communist Party brought some cheer to entrepreneurs in early October when for the first time it hailed the importance of the "entrepreneurial spirit" for the growth of the economy.Fine-sounding words indeed that perhaps even support the

    October 17, 2017 02:10 pm JST
  • Lithium prices surge as China pushes e-vehicles

    TOKYO -- Propelled by demand for batteries used in electric vehicles, spot prices of lithium have climbed more than 30% since the start of the year and will likely drive up the cost of the autos.The Chinese spot price of lithium carbonate, the bellw

    October 17, 2017 01:50 pm JST
  • China Inc. spending spree lifts Japanese manufacturers

    TOKYO -- Chinese companies are purchasing Japanese-made robots and heavy machinery at a brisk pace, a phenomenon some say is the result of an intensive push to modernize manufacturing in the country.In August, Chinese clients ordered 30.2 billion ye

    October 17, 2017 12:15 pm JST