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Credit Rating Standards: Improvement on the Horizon?
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By Henry Hing Lee Chan - 11 Apr 2016

Credit Rating Standards: Improvement on the Horizon?

The China Securities Regulatory Commission (CSRC) announced that it had investigated seven domestic credit rating agencies since September last year and that it had sent warning letters to six of them on March 23, 2016.
Merger of the Month Ends in a Whimper
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By Henry Hing Lee Chan - 06 Apr 2016

Merger of the Month Ends in a Whimper

Jump in Quality of Chinese Basic Science Research
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By Henry Hing Lee Chan - 05 Apr 2016

Jump in Quality of Chinese Basic Science Research

Small Scale Aerial Agricultural Spraying Made Possible in China
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Small Scale Aerial Agricultural Spraying Made Possible in China

The Agras (Agriculture Aerial Spray) MG-1 drone is specifically designed for aerial spraying of agricultural chemicals. The simultaneous application of agricultural chemicals over a large track of land can prevent harmful infestations from migrating, and this can achieve a significant improvement in field pathogen control.
Cuts in Social Security Contributions: Forcing Local SOEs to Reform?
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Cuts in Social Security Contributions: Forcing Local SOEs to Reform?

On March 21, the Shanghai government announced the drop of contributions by companies to social security premiums by 2.5 percent. The city cut its pension contributions by 1 percent, medical insurance by 1 percent, and unemployment benefits by 0.5 percent, while maintaining the same level of social security benefits.
Stock Market Meltdown: China Central Bank Sought Help from Fed
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Stock Market Meltdown: China Central Bank Sought Help from Fed

An email from the People’s Bank of China’s chief representative for the Americas, Song Xiangyan, to the director of the US Federal Reserve's International Finance Division, Steven Kamin, on the morning of July 27, 2015, had the subject line: "Your urgent assistance is greatly appreciated!"
Baidu US Laboratory Breakthrough in Speech Recognition
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Baidu US Laboratory Breakthrough in Speech Recognition

Late last year, Baidu announced a breakthrough product in its Silicon Valley laboratory, a speech recognition engine developed to handle Chinese Putonghua called Deep Speech 2.
The National People’s Congress and Creeping Improvements in China’s Judicial System
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The National People’s Congress and Creeping Improvements in China’s Judicial System

The ministerial approval rating of the Supreme People’s Court and the Supreme People’s Procuratorate hit a multi-year high in 2016. The figures seem to indicate strongly the public’s perception of an improving legal environment and justice administration.
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