Information released by Richard Marles on Monday about the incident between a J-16 Chinese combat aircraft and an Australian P-8 surveillance plane over the South China Sea is deeply concerning.
Monthly Archives For June 2022
Sunac China seeks to extend $345 million onshore bond repayments by two years: Sources
Sunac plans to pay only the interest on the maturity date on Monday, while repaying the 2.3 billion yuan ($345 million) debt in four instalments of 10..
Downward pressure on China’s economy still striking – cabinet
The downward pressure on China’s economy is still striking, state media quoted the cabinet as saying on Wednesday. The cabinet reiterated that China will strive to achieve reasonable economic growth …
Beijing reports zero local COVID-19 infections
Vehicles run at the Central Business District (CBD) in Chaoyang District in Beijing, capital of China, June 6, 2022. As the outbreak continues to subdue, the city will further loosen epidemic response …
China To Pay Citizens For National Security Tip-Offs
The Chinese government will reward citizens with cash or “spiritual” incentives if they come forward with national security tip-offs, according to plans announced by Beijing this week. Citizens could …
China’s Qiantu K20 Two-Seater EV Costs Just $13,000 Yet Is Really Quick
You will be able to pay less up front for a K20, if you opt for the battery rental option that some manufacturers are pushing in China with varying success. Do also keep in mind…
China’s central govt to allocate $492 mln to struggling airlines
China’s finance ministry on Wednesday said it would allocate 3.29 billion yuan ($492.04 million) in the first batch of cash subsidies to airlines this year, part of the government’s efforts to rescue …
China to introduce targeted measures to boost foreign trade: official
China will introduce targeted measures to lower costs, improve supply chains and help foreign trade companies to boost trade, Vice Commerce Minister Wang Shouwen said at a press briefing on Wednesday.
Bitcoin Wasn’t as Decentralized or Anonymous as Crypto Bros Told You, Study Finds
Crypto evangelists promised an egalitarian … is “plausible that organizations like the National Security Agency, China’s Ministry of State Security and Israel’s Unit 8200 have long …
Nike, Kindle, Airbnb Halting Online Operations in China
LinkedIn and Yahoo both pointed to the difficulties of compliance in China. Western fashion brands have also been caught between the opposing Chinese and U.S. political stances on human rights …
Caixin China Biz Roundup: Why Newly Listed Chinese Stocks Trade Below Their IPO Prices
Trend comes after regulator revises pricing rules; single women’s rights to assisted reproductive treatments; and it’s not all fun and games for Tencent and Netease …
ByteDance’s private valuation falls by US$100 billion in one year as IPO plans remain up in the air
A deal in April values the TikTok owner at about US$300 billion, a quarter less than last year, but still puts it among the biggest Chinese tech firms ByteDance says it has no plans for…
China’s COVID-19 response has been more about ideology than health
COVID’ policies, Xi Jinping’s ideologically driven decision-making has hurt China’s economy and oppressed its people …