China’s state planner said last week it will change the way it sets residential electricity prices to better reflect power supply costs, a move likely to raise household power costs.
Monthly Archives For July 2021
China’s Didi valued at US$80 billion in mega US IPO as shares soar
Chinese ride-hailing giant Didi Global Inc shares jumped nearly 19per cent in their New York debut on Wednesday, valuing the SoftBank-backed …
NKorea’s Kim vows to boost China ties amid pandemic hardship
North Korean leader Kim Jong Un said Thursday he’ll push to further upgrade relations with China, his main ally, as he struggles to navigate his country out of a deepening crisis linked to the …
China CCP 100th anniversary: Foreign countries that ‘bully’ China will meet a ‘great wall of steel,’ says Xi
In an event commemorating the 100th anniversary of the Chinese Communist Party Thursday, President Xi Jinping claimed that only the party could ensure China’s continued assent and stability, and any …
China’s Communist Party celebrates 100 years
China is celebrating the 100th anniversary of the ruling Communist Party with a crowd of about 70,000 people in Beijing’s iconic Tiananmen square. President Xi Jinping told the country that the …
As it turns 100, China’s ruling party grooms new faithful
As it celebrates the 100th anniversary of its founding, China’s ruling Communist Party is using a network of hundreds of schools to train a new generation of members and extend its control over a chan…
Xi hails ‘new world’ as China marks Communist Party centenary
Chinese President Xi Jinping on Thursday hailed a “new world” created by the country’s people as China’s Communist Party marked the centenary of its founding, and warned foreign forces attemping to …
Nike CEO says its a brand for China after earlier boycott calls over cotton row
Nike’s president and CEO John Donahoe said during a recent earnings call that the company has been in China for over 40 years and it is “a brand of China and for China”.
Didi shares set to open over 14per cent higher in mega US IPO
Chinese ride-hailing giant Didi Global Inc shares were set to open more than 14per cent higher in their New York Stock Exchange debut on …
China stocks slip on small-cap losses as Communist Party celebrates its centenary
Stocks in mainland China slip in early trading as tech start-ups retreat from a six-year high. Markets in Hong Kong are shut to mark the 24th anniversary of city’s handover.
A Housing Frenzy Is Sparking Bidding Wars From New York to Shenzhen
Around the world, property markets are going bananas. From the U.S. to the U.K. to China, housing is riding an extended boom. Global valuations are soaring at the fastest pace since 2006, according …
Xi at Communist Party anniversary: China won’t accept ‘sanctimonious preaching’ from others
Chinese President Xi Jinping was speaking Thursday at the celebration of the 100th anniversary of China’s ruling Communist Party.
Beijing subways now take digital RMB, with more transport modes to follow
Beijing will provide more application scenarios for digital renminbi in future after it announced an e-CNY service for taking subway lines in the city on Wednesday. As China’s capital and the national …
