Housing sales in the country plummeted at the outset of the pandemic as China’s economy shut down. But official data pointed to a recovery in transactions as the country reopened. ( read original story …)
Monthly Archives For July 2020
Why China’s New Tax Rules Worry Bankers in Hong Kong
Facing a slowing economy and ever-tighter budget, China has turned its attention to generating more revenue by taxing its citizens living and working outside the country — similar to how the U.S. ( read original…
Shenzhen cruise past Zhejiang in CBA
Shen Zijie (above) of Shenzhen Aviators dunks during a match between Zhejiang Lions and Shenzhen Aviators at the 2019-2020 Chinese Basketball Association (CBA) league in Qingdao, east China’s Shandong … ( read original story …)
China’s Small Lenders Are Filling Up on Riskiest Bank Debt
(Bloomberg) — China’s cash-strapped small lenders are expanding their pile of the riskiest kind of bank debt to shore up their capital levels, bracing against an economic slowdown and rising loan … ( read original…
China tensions mount as Britain suspends extradition treaty with Hong Kong
Britain will shelve its extradition treaty with Hong Kong today as the government faces mounting pressure to toughen its stance towards China.Dominic Raab, the foreign secretary, will tell the Commons … ( read original story…
China’s first climate striker warned: give it up or you can’t go back to school
Ou Hongyi, who took part in the #FridaysforFuture protest, says she has been told she cannot return to school unless she stops her activism … ( read original story …)
China: In School, No Masks, And A Runaway Stock Market
China: healthy. Rest of world. Sick, sicker and getting sick of China. Wall Street, meanwhile, sees the best market in the world right now. ( read original story …)
Wearing a Mask? It May Come From China’s Controversial Labor Program
Our visual investigation reveals several Chinese companies that are using Uighur labor from a contentious government program to produce P.P.E. during the coronavirus pandemic. We track some of that … ( read original story …)
China Is Using Uighur Labor to Produce Face Masks
A Times video investigation identified Chinese companies using a contentious labor program for Uighurs to satisfy demand for P.P.E., some of which ended up in the United States and other countries. ( read original story…
Any China-Iran Deal Will Be Mostly About Business
Esfandyar Batmanghelidj is the founder of Bourse & Bazaar, a media company that supports business diplomacy between Europe and Iran through publishing, events and research. Last week, an 18-page … ( read original story …)
GOP Senator Proposes Bill to Block American Companies from ‘Giving In’ to China
Louisiana Senator John Kennedy said Sunday he is drafting legislation to prohibit American companies from “giving in” to Chinese government rules on doing business. ( read original story …)
TikTok halts talks on London headquarters amid UK-China tensions
Video-sharing app suspends plans for expansion in the wake of diplomatic rows between both countries … ( read original story …)
Hong Kong Teachers Fired and Afraid as China Targets Liberal Thinkers
Hong Kong teachers who backed antigovernment protests are being reprimanded and, in some cases, fired as China’s Communist Party moves to stamp out dissent. Observers fear the city’s tradition of … ( read original story…