China’s military carried out “combat readiness” patrols in the direction of the Taiwan Strait on Friday as a U.S. Congressional delegation made a surprise visit to Taipei, offering strong support to …
Monthly Archives For November 2021
China warned a delegation of 5 US lawmakers not to visit Taiwan over Thanksgiving. They went anyway.
Rep. Elissa Slotkin said she received a “blunt message” from China’s embassy in Washington, DC, telling her to call off the trip. It didn’t happen.
Chinese state media gloats over JP Morgan CEO Jamie Dimon’s groveling apology for saying investment bank will outlast the communist party
The Global Times, a mouthpiece for the state, warned US firms that as they become more reliant on China for their success they need to ‘educate’ themselves on the importance of the Party.
Ant Group applies to China’s central bank to set up personal-credit scoring joint venture with state-backed partners
The personal-credit scoring joint venture, Qiantang Credit, will be 35 per cent owned by a unit of Ant Group Tech firms are hiving off their consumer-credit data units in joint ventures with …
China’s Goods Exports Face Increasing Headwinds, Ministry Warns
China’s Ministry of Commerce has warned the country can’t be “blindly optimistic” that goods exports will continue to surge, pointing to increasing headwinds that are threatening the torrid pace of …
China: Foreign trade to see focus on opening-up
China is expected to make strenuous efforts to promote high-quality development of foreign trade during the 14th Five-Year Plan period (2021-25), which will pivot on high-level opening-up, innovation …
China’s Meituan lowers outlook for its food delivery business
China’s Meituan on Friday forecast a weaker outlook for its core food delivery business next year, after a 3.4 billion yuan ($532.24 million) fine pushed it to report its largest-ever quarterly loss …
Shanghai Data Exchange Launches Trading in Bid to Boost Digital Economy
The Shanghai Data Exchange (SDE) started trading on Thursday, with the listing of 20 data products covering eight sectors including energy, finance, transportation and communications, further boosting …
China Weekly Inventory Summary and Data Wrap (Nov 26)
This is a roundup of China’s metals weekly inventory as of November 26. SHANGHAI, Nov 26 (SMM) – This is a roundup of China’s metals weekly inventory as of November 26 Copper Inventories across Major…
China pledges continued aid to Africa in combating COVID-19
China said on Friday that its humanitarian assistance to Africa after COVID-19 struck the continent is “the largest such program in scale and the most difficult to implement” since the founding of the …
Younger Chinese shift from spending to saving amid COVID-19
Young Chinese aged between 18 to 34 are saving more money every month for their retirement, which brought up the savings-to-income ratio by 5 percent to 25 percent in 2020, compared to a year ago,…
China still committed to Africa despite Covid-19 disruption, minister says
Pandemic’s economic impact is ‘temporary difficulty’, head of foreign ministry’s African department says before Forum on China-Africa Cooperation meeting Strengthening cooperation with the continent …
First ‘robotaxis’ enter service in Beijing
It looks like a normal car but the white taxi by the kerb has nobody driving it, and communicates with customers digitally to obtain directions and take payment.
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