“The nonperforming debt stems mainly from the manufacturing, wholesale, retail and service sectors,” Zhang Xuguang, an executive vice president at Agricultural Bank of China, said during a …
Monthly Archives For April 2021
China inroad into Pak economy points to neo-colonialism
Islamabad has long portrayed the USD 6.8 billion Main Line-I project to be the main artery of Pakistan Railways and tried to convince China to finance the project, the Chinese side has tried to avoid…
China’s toy exports hit 33.5 bln USD in 2020
SHANGHAI, April 11 (Xinhua) — China, the world’s biggest toy exporter, saw its toy exports continue to grow in 2020 despite the influence of the COVID-19 pandemic. China exported approximately 33.5 …
Shenzhen property: how home prices in the Chinese tech hub compare to Hong Kong’s
Shenzhen was nothing more than a fishing village four decades ago, before China carved out its first special economic zone to experiment with market capitalism. Well-heeled people from neighbouring …
Technology drives Beijing 2022 towards green and safe
The five venues for the Beijing 2022 Olympic and Paralympic Winter Games have completed construction of their ice-making infrastructure, which will now be tested. [Photo provided to chinadaily.com.cn] …
US-Philippines officials discuss concerns over China’s ships
ABOARD A U.S. MILITARY AIRCRAFT (AP) — Defense Secretary Lloyd Austin on Saturday discussed with his Philippine counterpart China’s recent positioning of “militia vessels” near the Philippines in the …
Shall we boycott Beijing 2022?
So what would happen if the world had more Anna Muzychuks? Would countries still be attending the Beijing Olympics next year? Or, more pertinently, should countries still attend the Beijing Olympics …
China’s wolf warriors refuse to back down
Beijing’s foreign policy is raising tensions and threatens a trade deal with Europe but a new approach is unlikely A senior Communist party official insists that China ‘will fight tooth for tooth …
Will ByteDance, the 800-pound gorilla in China’s technology scene, become king of the jungle?
In china it tried to build up an online question and answer community … Coco Feng is a Beijing-based technology reporter at the Post. Previously, she worked for the BBC and Caixin Global in the…
Why Hong Kong trumps Shanghai and Shenzhen despite raising tax on stock trades
Mainland China has two major stock exchanges – in Shanghai and Shenzhen – but they will not claim the lion’s share of the IPO market from Hong Kong. The city remains the optimal choice for…
China Fines Alibaba $2.8 Billion For Breaking Anti-Monopoly Law
The tech giant received a historically large fine Saturday from the Chinese government. Alibaba says it will comply with the fine and “ensure its compliance with determination.” …
Return of the Corona Virus
The corona virus outbreak surfaced during December, 2019, when a large number of cases of pneumonia of an unknown cause were reported in Wuhan City in China. Subsequently, the disease spread to more …
Alibaba, China’s e-commerce giant, hit with record fine over antitrust
China’s State Administration for Market Regulation doles out a $2.75 billion penalty to the company founded by Jack Ma.
