Investor excitement about China’s rapidly growing electric vehicle market helped make Tesla a $1 trillion stock as well as turn its battery supplier Contemporary Amperex Technology Ltd. into a 1 …
Monthly Archives For May 2022
Beijing reports 41 confirmed, 6 asymptomatic local COVID-19 cases
A medical worker takes a swab sample from a citizen for nucleic acid testing in Chaoyang District of Beijing, capital of China, May 13, 2022. (Xinhua/Li Xin) BEIJING, May 25 (Xinhua) — Beijing …
China is building a new bridge on a disputed Himalayan border, drawing ire from India
Of the four nations comprising the Quad, all of whose members seek to counter China’s growing assertiveness in the region, only India has a border with China.
China would only use force as a ‘last resort’ for Taiwan reunification, former PLA official says
Force is a “last resort” for Taiwan reunification, said Zhou Bo, senior fellow at Tsinghua University’s Center for International Strategy and Security Studies.
China has only itself to blame for its own growing isolation
There can be no denying that China is not happy with the formation of either Quad or the IPEF. In fact, it should not hold grudges in the formation of either. For instance, the IPEF…
Hydropower plant in China’s Hubei province fined for powering crypto mining
Chinese authorities have fined a hydropower plant in Central China’s Hubei province 43,493 yuan (US$6,528) for “illegally supplying electricity to virtual currency mining operations,” as the country …
Foreign companies remain confident in China’s NEV market
HEFEI, May 25 (Xinhua) — German automaker Volkswagen’s Chinese joint venture Volkswagen Anhui recently began working on a new project for making new energy vehicle (NEV) parts, with an investment of …
China reports 590 new COVID cases on May 24 vs 688 a day earlier
China reported 590 new coronavirus cases on May 24, of which 117 were symptomatic and 473 were asymptomatic, the National Health Commission said on Wednesday.
China’s property market woes expected to prolong
BEIJING: China’s property market woes are likely to worsen this year, with prices remaining flat and sales and investment falling further, while tighter and widespread Covid-19 curbs weigh on still …
Economic Watch: Policy package set to steer China’s economy back on track
China’s cabinet has urged the implementation of a large-scale policy package, which is expected to bring the country’s economy back on track amid downward pressure and tackle difficulties encountered …
China Reaches Quarantine Deal to Import Brazilian Corn
China’s customs authority has signed an agreement with Brazil to allow imports of Brazilian corn, the ministry of commerce said on Tuesday, as the governments of both nations seek to boost trade ties.
China launches world’s first giant floating fish farm
“These benefits are largely supported by a few prominent exporters, including China and Russia, who export a greater quantity of nutrients from fish, as well as tonnage and value, than they import.” …
China’s PSF imports from Southeast Asia and Africa in Jan-Apr, 2022
PSF exports of China were 89,500 tons, up 10.12% year on year and up 7.9% month on month, and imports were 7,100 tons, down 47.08% year on year and 17.92% month on month. In Southeast…