Arthur Dominic Villasanta : Chinatopix

Arthur Dominic Villasanta

China Seeks to Stave Off Massive Shadow Banking Threat

Apr 17, 2014 12:36 PM EDT

China has tightened its grip on trust companies in another bid to head-off the danger posed by the massive debt held by the country's shadow banking sector.

China's Taste for Gold to Grow 20% by 2017

Arthur Dominic Villasanta |

Apr 17, 2014 12:33 PM EDT

China's increasingly wealthy population is driving demand for gold to greater heights as they continue to see the precious metal as a solid investment despite a slump in price.

China Proceeds with Plans to Build a Nuclear Power Grid

Arthur Dominic Villasanta |

Apr 17, 2014 12:27 PM EDT

Only a scant two percent of China's total electricity supply is generated by nuclear energy, a fact that makes China the world's fastest-growing atomic energy market.

Russian President Putin To Visit China in May

Arthur Dominic Villasanta |

Apr 17, 2014 12:17 PM EDT

Russian President Vladimir Putin will make his first official state visit to another country after engineering an invasion of the Ukrainian province of Crimea this February.

China Prepares Massive Investments in Crimea

Arthur Dominic Villasanta |

Apr 17, 2014 12:12 PM EDT

China intends to invest in massive projects in Crimea less than a month after the former Ukrainian province was annexed by the Russian Federation.China will abandon a planned $5 billion solar power plant in Nevada and invest the money in Crimea, instead.

Samsung Galaxy S5 Vulnerable to Fingerprint Spoofing

Arthur Dominic Villasanta |

Apr 16, 2014 09:12 AM EDT

Security Research Labs penetrated the Galaxy S5's fingerprint sensor only four days after the smartphone hit worldwide markets. The same laboratory last September used the same fingerprint spoofing ploy to deceive Apple's iPhone 5S into opening.

Millions of Android smartphones in China at risk from Heartbleed bug

Arthur Dominic Villasanta |

Apr 16, 2014 08:45 AM EDT

Reports have confirmed that Android is not immune to the Heartbleed bug that allows hackers or cybercriminals to steal passwords and other personal information, including bank account numbers.

Strong Military Key to China's Growth, Security

Arthur Dominic Villasanta |

Apr 16, 2014 08:38 AM EDT

Chinese President Xi Jinping said strong military power is the key to China's continued development and security.

Monetary Growth Continues to Slow; New Loans Drop

Arthur Dominic Villasanta |

Apr 16, 2014 08:34 AM EDT

The People's Bank of China, the country's central bank, said China's broadest measure of new credit dropped 19 percent year-on-year to 2.07 trillion yuan in March while money supply grew at the slowest rate since 2001.

China abjures another massive financial stimulus

Arthur Dominic Villasanta |

Apr 15, 2014 06:13 PM EDT

Vice Finance Minister Zhu Guangyao said China will not resort to massive stimulus spending such as it did in 2008 since it has the potential to keep its growth in the "proper range" this time around.

Nanjing-based conglomerate acquires the UK’s venerable House of Fraser

Arthur Dominic Villasanta |

Apr 15, 2014 06:13 PM EDT

Sanpower Group Co., Ltd. said it has agreed to buy the iconic House of Fraser, the third largest group of traditional department stores in the United Kingdom that operates 60 stores throughout the country. Sanpower will acquire ownership through a subsidiary, Nanjing Cenbest.

First Hepatitis C treatment guidelines from WHO a timely lifeline for China

Arthur Dominic Villasanta |

Apr 15, 2014 06:13 PM EDT

The World Health Organization's (WHO) first-ever guidelines for the treatment of Hepatitis C comes at a critical moment for China, which has seen a huge 185 percent increase in the number of Chinese afflicted with this disease from 2006 to 2012.

Beijing Expands National Complaint Network

Arthur Dominic Villasanta |

Apr 15, 2014 04:00 PM EDT

Beijing expands national complaint network, but will the government hear its citizens? An expanded national online system for "letters and calls" is expected to come online by the end of 2014.

Massive Local Government Debt Could Trigger Another Worldwide Great Recession

Arthur Dominic Villasanta |

Apr 15, 2014 01:55 PM EDT

China's staggering $3 trillion local government debt has to be significantly reduced and quickly if China intends to safeguard economic growth; maintain financial stability and avert a crippling new financial crisis.

China’s Wind Energy Capacity Grows To 92 GW In 2013

Arthur Dominic Villasanta |

Apr 15, 2014 01:43 PM EDT

The Chinese Wind Energy Association reported that China added 16.1 giga watts of wind energy capacity in 2013, bringing the country's total installed wind energy capacity to 92.0 GW. China also accounted for 45 percent of the world's total additional wind energy capacity last year.