China has more than enough power plants to meet electricity demand. So why are local governments having to ration power across the country? The search for an answer begins with the pandemic. “Coal …
Monthly Archives For October 2021
Tourists visit Beijing’s Wangfujing street on the 1st day of the National Day holidays
Tourists from across China visit Beijing on the first day of the weeklong National Day holidays that start from Friday. Wangfujing street, one of the city’s top destinations, is crowded with people as …
China’s coal miners vow to ‘go all out’ to beat power crisis
China’s biggest coal miners have pledged to increase production as the country struggles with a deepening power crisis that is threatening to hit economic growth. Central government officials this …
Evergrande and energy shortages are shaking China’s economy. Here are the most exposed countries.
With a global trade share of 14%, changes in the Chinese economy will reverberate through supply chains, Morgan Stanley said.
Cambodia’s milled rice export to China up 18 pct in 9 months of 2021: minister
Cambodia exported 203,279 tons of milled rice to China in the first nine months of 2021, up 18 percent over the same period last year, Agriculture Minister Veng Sakhon said on Friday. China is the…
Taiwan To Lodge Complaint With WTO Against China’s Suspension Of Fruit Imports
Taiwan has decided to lodge a formal complaint with the World Trade Organization (WTO) against China over the suspension of imports of the island’s fruits.
China’s crypto ban aims to eliminate competition with digital yuan: Expert
Digital yuan and currency control to give Beijing total vision over population’s financial transactions, says David Lesperance …
Weekly Report: Alibaba and Bitmain lead exit from China
A recent report from Chainalysis ranked Europe as the region with the biggest crypto economy attributing the position to DeFi …
China’s power consumption reflects the role of US shoppers too
The power cuts, which intensified this week, are expected to ripple through an already-strained global supply chain. As analysts weigh the impact of the power crisis beyond China, …
How China has turned museum relics into big business
The artefacts of the distant past have provided inspiration for an extraordinary range of brand collaborations with Chinese museums. China’s Gen Z loves them.
Biggest IPO boom in decades gives huge boost to Wall Street
A resilient stock market, fueled by central bank and government stimulus, is pushing a record number of companies to raise money by offering shares on public markets. That’s been a huge boon for …
“Fashion Futian! Explore Globally” Shenzhen Futian Fashion Investment 2021 Paris Forum Launched Successfully
Shenzhen Futian Fashion Investment 2021 Paris Forum was launched on September 30, 2021 at Palais de la Culture Puteaux (Photo: Business Wire) The forum is not only a grand event f …
Evergrande bonds are being scooped up by bargain-hunting funds on bets China can ward off a messy collapse, reports say.
Marathon’s Bruce Richards sees opportunities in the embattled real-estate developer because there’s a ‘lot of commerce’ related to Evergrande.