China’s April automobile exports increased by 1.1 times year on year, according to data provided by the China Association of Automobile Manufacturers (CAAM) on Wednesday. Chinese car firms exported …
Monthly Archives For May 2021
Time is running out for Beijing to prepare its economy for a ‘great demographic unknown’
“The demographic dividend that propelled the country’s economic rise over recent decades is set to dissipate quickly.” For context, with 13.5% of its people now aged 65 or above, China has as many …
China tech crackdown turns to food delivery giant Meituan as $38.96 billion is wiped off value
Chinese regulators have opened an antitrust probe into Meituan not long after fining Alibaba $2.8 billion in a similar investigation.
China’s central bank says risk of imported inflation controllable
The risk of imported inflation is overall controllable, the People’s Bank of China (PBOC), China’s central bank, said in a quarterly report on monetary policy implementation on Tuesday. China’s …
China Bond Defaults Near 100 Billion Yuan And It’s Only May
Firms so far this year have failed to make payments on 99.8 billion yuan ($15.5 billion) of onshore bonds, according to Bloomberg-compiled data. While 2021 is set to be the fourth straight year the …
Digital Coins: China, Bahamas, Is The USA Next?
China’s digital yuan and the Bahamian Sand Dollar are among the leaders in the new wave of CBDCs sweeping through the financial ecosystem. The US seems set to be one of the next nations to…
Briefs: China’s Atour seeks IPO | Chetrit Miami deal
Chinese hotel chain Atour is exploring an initial public offering (IPO) in the U.S., which could value it at US$2 billion, a person with knowledge of the matter told CNBC.
An escaped leopard is eluding its would-be captors in China. Now, officials are deploying hundreds of drones to find it.
Two of the three big cats that escaped from a safari park in April have been recaptured, but one remains on the loose.
Officials say brand building is key to high-quality development
Enhancing Chinese brands is a significant move for improving supply, expanding demand and driving high-quality development in China, according to officials attending the China Brand Day, a three-day …
Taiwan Says China Seeking Political Gain With Honduras Vaccine Move
Taiwan condemned China on Wednesday for seeking to use vaccines for political gain after Taipei’s diplomatic ally Honduras said it was considering opening an office in China in a bid to acquire much …
Tesla’s China sales tumble 27% in April from March
Tesla’s sales decline came amid an overall drop for new energy passenger cars in China, and increased scrutiny from regulators on the electric car company.
China Signals Renewed Effort on Property Tax
Chinese policy makers signaled they may revive efforts to introduce a property tax, following slow progress in legislating the levy in previous years.
Time is running out for Beijing to prepare its economy for a demographic crisis
China is growing fast — but the workforce powering its economic rise is shrinking.Census data released Tuesday showed that China’s total population rose by 5.8% over the past decade — the slowest pace …
