Black box data recovered from a China Eastern flight that crashed in March suggests someone in the cockpit intentionally downed the plane, the Wall Street Journal reported, citing a preliminary …
Monthly Archives For May 2022
China Eastern plane crash likely intentional, US reports say
Flight data indicates a China Eastern Airlines plane that crashed in March was intentionally put into a nose-dive, according to US media reports. Investigators have so far not found any mechanical or …
China policies to cool housing market worked too well
China has replaced policies designed to deleverage its housing sector with new ones making it easier for people with three kids to buy a second home.
Shanghai lets financial firms resume work as COVID-19 curbs ease: Sources
The move is part of the financial hub’s plan to reopen broadly and allow normal life to resume after the lockdown was enacted to curb China’s worst outbreak since the coronavirus was discovered in …
China Faces Bigger Deficit as Covid Costs Soar and Income Dips
China’s government finances worsened measurably in April as Covid spread, with government spending rising to help pay for the cost of Covid Zero policies and income slumping due to tax breaks to help …
China’s yuan softens as data shows foreigners sold bonds in April
The figures supported data from the International Institute of Finance (IIF) last week showing the largest quarterly capital outflows on record for China in the first quarter. With the dollar for the …
China’s new home prices fall for the first time since December
Average new home prices in 70 major cities fall 0.2 percent on a month-on-month basis after flatlining in March.
Blockchain In BFSI Market Analysis With Size, Share, Applications, Outlook, Leading Companies And Future Growth 2030
The blockchain in BFSI market is estimated to … government initiatives to promote the usage of blockchain in China, India and Japan. Get a PDF Sample for more detailed market insights …
China deepens support for tech as virus limits options
BEIJING: Communist Party leaders have doubled down on support to China’s tech sector in a rare meeting with executives, as Beijing changes its tack towards an industry it had suppressed until a virus …
EXCLUSIVE China in talks with automakers on EV subsidy extension -sources
SHANGHAI, May 18 (Reuters) – China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022, aiming to keep a key market growing as the…
U.S., European Firms Rethink China Investment After Lockdowns
U.S. and European businesses are reconsidering their investments in China after the lockdown in Shanghai and restrictions in other cities caused major disruption to their operations.
DOJ accuses casino tycoon and informal Trump adviser Steve Wynn of being a Chinese agent and lobbying the former president on behalf of China
The Justice Department filed a lawsuit arguing that Wynn should register as a foreign agent for working on behalf of ex-PRC official Sun Lijun.
Thai farmers gear up to satisfy China’s growing appetite for “king of fruits”
Workers sort durians at a durian processing factory in Chanthaburi Province, Thailand, May 5, 2022. (Xinhua/Wang Teng) From March to July each year, Thai farmers are all geared to address China’s …