China has successfully launched and landed an experimental reusable spacecraft, according to state-owned media Xinhua news agency. ( read original story …)
Monthly Archives For September 2020
Indian army asks China’s PLA if missing civilians in their custody
The Indian Army said on Monday it has asked its Chinese counterpart if five Indian civilians who went missing from an eastern border state days ago were in their custody, while tension remains high on…
China lands its first reusable spacecraft as state media hails it an ‘important breakthrough’
China has successfully launched and landed an experimental reusable spacecraft, according to state-owned media Xinhua news agency. ( read original story …)
With Shenzhen poised in the wings, is Hong Kong’s time in the sun over after protests, Covid-19 pandemic and US-China row?
Hong Kong’s premier position has weakened in the past year as it was rocked by months-long civil unrest and hit by economic recession amid pandemic. ( read original story …)
Jiangmen needs a signature company like Shenzhen’s Tencent to thrive as a Greater Bay Area industrial base, Colliers says
The manufacturing city in the west of the bay area is attracting new businesses as it modernises, but it needs a ‘core industry’, says Bryan Chan of Colliers. ( read original story …)
SMIC shares sink, U.S. ban worries cloud China’s hopes for chip self-sufficiency
China’s biggest chipmaker SMIC plunged a fifth on Monday in response to news of potential U.S. sanctions against the company, wiping $28 billion off its market value and prompting analysts … ( read original story…
Improvement in China’s trade data, but there is turbulence ahead, says economist
China’s exports are strong, but imports are lagging as domestic consumption continues to be rather weak, says Gary Ng, Asia-Pacific economist at Natixis. ( read original story …)
China’s strong exports growth in August would boost the country’s growth in second half of 2020
However, China’s export growth may not be sustainable as it has been boosted by demand for personal protective equipment and work-from-home items during the pandemic, says Bo Zhuang, chief China … ( read original story…
China’s Exports Rise at Fastest Pace in Nearly 1-1/2 Years as Economies Reopen; Imports Slip
China’s exports rose for the third consecutive month in August, eclipsing an extended fall in imports, as more of its trading partners relaxed coronavirus lockdowns in a further boost to the recovery … ( read…
Asia Today: Beijing holds trade fair, hot spots see declines
Organizers reported strong turnout at an event in Beijing billed as the first hybrid online and in-person trade show staged since the coronavirus pandemic began. A total … ( read original story …)
Beijing show goes on — but not with execs
Delayed from late April, the Beijing auto show is set to begin on Sept. 26, making it the sole survivor, so far, of all the major international auto exhibitions canceled this year because of the…
Live-stream shopping in China could be worth $170 billion this year. But it’s a tough market to crack
A rising class of creators in China are racing to get in on live-stream shopping, an emerging form of retail that has become an estimated $66 billion industry. ( read original story …)
China to hold more military drills off northeast, east coasts
China will hold further military exercises from Monday along its northeast and eastern coast, the government said, the latest in a series of unusual back-to-back drills against a backdrop of rising … ( read original…