The world’s most indebted property developer on Jan. 26 transferred its control over a theme park called Evergrande Fairyland in the Nansha district o..
Monthly Archives For February 2022
China’s financial sector must ‘develop with Chinese characteristics’ after corruption probe
China’s Central Commission for Discipline Inspection (CCDI) has concluded a two-month inspection of 25 institutions The anti-corruption watchdog found various problems within the financial sector, …
50% of China’s Luxury Shoppers are New to the Market — And Here’s How to Reach Them
The explosive growth of China’s luxury fashion sector is being driven by a major influx of new shoppers: 50% of customers entered the market just in the past 12 months, and this group is expected…
China Orders Hong Kong to Get Covid-19 Under Control Before Xi’s July Visit
Hong Kong’s leader, Carrie Lam, was summoned to a meeting on the mainland where she got a direct order sent from Xi Jinping: Get the outbreak under control ahead of planned visit by the Chinese…
EXCLUSIVE China boosts oil reserves, ignoring U.S. push for global release
China has ramped up purchases into its oil reserves this year even as oil prices soared, despite calls from Washington for a global coordinated stocks release to help cool the market, industry data …
Nixon library marks 50 years of U.S.-China relations amid low point for diplomacy
Chinese Ambassador Qin Gang spoke in Yorba Linda to mark the anniversary of President Nixon’s historic 1972 visit to China.
China lifts restrictions on Russian wheat imports
China has relaxed restrictions on imports of Russian wheat, a move that could address food security concerns in the world’s second largest economy and ease the impact of Western sanctions on Russia.
Analysis-US sanctions on Russia serve China a sharp reminder of need for its own chips
The sweeping restrictions imposed on Russia to block its access to global exports of goods from chips to computers and electronics are likely to accelerate China’s own push for self-reliance in the …
Chongqing Hong Xi Technology’s IPO to debut on Beijing Stock Exchange
Chongqing Hong Xi Technology (871857) to start trading on the Beijing Stock Exchange Feb 28, next Monday. The firm has issued 18.40 mln shares priced at RMB 12 per share raising RMB 220.8 mln. Its…
China sacks Communist Party officials in Inner Mongolia for filing to contain COVID-19 outbreaks
Beijing: Chinese authorities have removed several Communist Party officials in the Inner Mongolia autonomous region for failing to contain their local Covid-19 outbreak.
Russian wheat: China lifts restrictions on imports as prices rise
China has relaxed restrictions on imports of Russian wheat, a move that could address food security concerns in the world’s second largest economy and ease the impact of Western sanctions on Russia.
China Urges Banks, Insurers to Support Affordable Rental Housing
Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved or endorsed by any other entities, such as banks, credi …
Across China: Traditional sugar-making proves to be lucrative business in China’s Hainan
“It just shows that with proper sales channels, traditional craftsmanship will prove its value,” said Wu, an inheritor of Hainan traditional sugar-making, a craft that has received provincial-level …
