A unit of troubled property developer China Evergrande Group said construction work has resumed at 95% of Evergrande ‘s projects across the country as of late March. Evergrande …
Monthly Archives For April 2022
Former senior official of Beijing’s top office overseeing Hong Kong affairs installed as chief of mainland think tank
Deng Zhonghua, 60, endorsed as new president of Chinese Association of Hong Kong and Macau Studies, a notice on its website reveals Deng, an expert in international law, was previously deputy director …
Suburban railway scenery in Beijing
A suburban train runs amid blooming flowers near the Juyongguan section of the Great Wall in Beijing, capital of China, April 2, 2022.Photo:Xinhua. A suburban train runs amid bloo …
China’s BYD ends combustion engine cars to focus on electric
China’s largest electric vehicle (EV) maker BYD Co Ltd said that as of last month it stopped making combustion engine vehicles and now produces electric and hybrid cars only.
Thai Airways doubles cargo flights to China and India as country’s fruit demand rises
Thai Airways International (THAI) said it will more than double its number of cargo flights to China and India next month, as demand for Thai fruit exports rises.
China’s e-commerce logistics sector reports moderate contraction
China’s e-commerce logistics sector reported a moderate contraction in March, according to an industry survey jointly conducted by the China Federation of Logistics and Purchasing and e-commerce giant …
China Huarong returns to profit in 2021
China Huarong Asset Management Co Ltd said it has returned to profit in 2021 amid efforts to defuse risks and adjust its busines …
China’s RMB cross-border payments soar in 2021: report
The business volume of cross-border payments of the Chinese currency renminbi (RMB) grew rapidly in 2021, a report from the People’s Bank of China showed. Last year, over 3.34 million transactions …
China’s cities ease property curbs as economy takes an Omicron hit
Dozens of municipal authorities relax rules on housing purchases and sales as economic stability takes precedence More are set to follow suit, researchers say Property curbs are easing in cities …
China to drop tariffs on 12 wood and paper products imported from NZ
China’s finance ministry said the move – which covers products such as toilet tissue and writing paper – would implement an upgrade to the free trade agreement (FTA) between the two countries. It was …
Roundup: Experts say China-EU leaders’ meeting injects stability into global situation
European experts have spoken highly of the 23rd China-European Union (EU) leaders’ meeting held on Friday, during which Chinese President Xi Jinping met via video link with President Charles Michel of …
China finds new Covid-19 subtype as daily cases exceed 13,000. Read here
The new iteration of the virus, isolated from a mild Covid-19 patient in a city less than 70 kilometres (43 miles) from Shanghai, evolves from the BA.1.1 branch of the omicron variant …
China removes key hurdle to allow US full access to audits
China modified a decade-long rule that restricted offshore-listed firms’ financial data sharing practice, potentially removing a key hurdle for US regulators to gain full access to auditing reports of …
