China is carrying out more than a week of military drills in the South China Sea in an area between its southern province of Hainan and Vietnam, the government announced, warning shipping to stay away…
Monthly Archives For March 2022
U.S. sanctions on China’s chip industry precipitate blowback
U.S. sanctions on China’s chip industry not only affect China but the entire world with a domino effect, damaging the international industrial chain. For a bright future of technology development, …
New U.S. ambassador Nicholas Burns arrives in China
The new U.S. ambassador to China, Nicholas Burns, has arrived in the country and will be in quarantine for three weeks, the U.S. embassy said in a tweet on Saturday.
China’s finance minister: Tax and fee cuts will release enterprises’ burden
Tax and fee cuts will release enterprises’ burden, China’s Finance Minister Liu Kun said at the “Ministers’ Corridor” after the opening meeting of the fifth session of the 13th National People’s …
China aims to boost big-bank loans to small business over 40per cent in 2022
China aims to boost lending to small businesses from large commercial banks by over 40per cent this year, Premier Li Keqiang told the annual meeting of parliament on Saturday.The government will urge …
China’s 2022 Budget: A Breakdown of the Key Numbers
China’s government plans to increase spending in 2022 to shore up a slowing economy but also cut the budget deficit, with the government drawing on savings from previous years to pay for the rise in…
China logs 102 new local COVID-19 cases in past 24 hours
China on Friday reported 102 new locally transmitted COVID-19 cases, the National Health Commission said on Saturday. Of the new local cases, 46 were reported in Guangdong, 19 in Jilin, eight in Inner …
Lao And Chinese Firms Sign An Agreement To Export Liquor To China
Lao And Chinese Firms Sign An Agreement To Export Liquor To China. March 5th, 2022 | 12:23 PM | 11 views. VIENTIANE (KPL) The Lao Agro Organic Industries Co., L …
China’s Covid-19 vaccination rate reaches over 85%
BEIJING: China has achieved a Covid-19 vaccination rate of more than 85%. Those vaccinated received three doses, said Premier Li Keqiang. “Local outbreaks were suppressed in an effective and quick …
China to raise defense spending by 7.1% to $229 billion
China is raising its defense spending in 2022 by 7.1% to $229 billion, up from a 6.8% increase the year before. Saturday’s announcement marks a continuation of the robust spending that has given China …
China will reserve some policy room to cope with future risks, finance minister says
BEIJING — China will reserve some policy room to cope with future risks and challenges, finance minister Liu Kun said on the sidelines of the National People’s Congress on Saturday. We apologize, but …
China will reserve some policy room to cope with future risks, finance minister says
BEIJING — China will reserve some policy room to cope with future risks and challenges, finance minister Liu Kun said on the sidelines of the National People’s Congress on Saturday. We apologize, but …
China Vows to Continue Its Crackdown on Industry Monopolies
China will continue its crackdown on monopolies to ensure fair competition, Premier Li Keqiang said in a report released ahead of the start of the annual session of parliament on Saturday. Li also …