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January, 24, 2017

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China
Trump urged not to treat Taiwan as bargaining chip
Incoming U.S. President Donald Trump should stand up to Beijing over Taiwan, bring the "one China" policy into the 21st century without risking war and not make Taiwan a bargaining chip in deals with China, a Wall Street Journal opinion piece said on Thursday, one day before Trump's inauguration.
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Six former employees of Huawei Technologies Co Ltd, the world's third-largest smartphone maker, have been arrested by police, for allegedly leaking commercial secrets to rivals.
 
In the coming Year of the Rooster, Hong Kong's Hang Seng Index is destined for a flat start, before tracking upward to peak around July and August-and finally ending on a positive note amid year-end volatility.
 
Demand for IT professionals remains buoyant and competition among employers to recruit the experienced-particularly those with internet, digital, e-commerce and online marketing operation skills-is intense, the latest Robert Walters survey found.
 
House market cooling in big cities
Prices of new homes in most of China's first-tier cities declined in December, showing that policies to moderate housing prices tailored to local conditions have been effective, said the National Bureau of Statistics.
 
China's growth edges up but 2016 weakest year since 1990
China's economic growth accelerated slightly in the final quarter of 2016, shored up by government spending and booming real estate sales, but its full-year performance still was the weakest in nearly three decades.
 
Taiwan urges U.S. support in maintaining cross-strait peace
The Mainland Affairs Council (MAC) on Thursday urged the incoming U.S. administration of Donald Trump to support Taipei's continued efforts to maintain cross-strait peace and reiterated that Taiwan should not be used as a bargaining chip in the relationship between the United States and China.
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Chinese pens reach tipping point
Shanxi-based Taiyuan Iron & SteelCo Ltd, or Tisco, one of China's major stainless steel producers, has independently developed the special steel needed to make the feedstock for ballpoint pens tips.
 
ICBC to continue its debt-for-equity swaps
Industrial and Commercial Bank of China Ltd, China's largest State-owned commercial bank, will continue to push the debt-for-equity swap program this year, a senior executive of the bank said, dismissing market rumors of suspension of the program by the country's major lenders.
 
Beifa writing instruments to strike off need for imports
Beifa Group, the country's leading manufacturer of stationery, said it has mastered the technology to produce a ballpoint pen using China-made materials and parts.
 
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