(Xinhua) BEIJING, June 7 (Xinhua) — China has aligned its fiscal strength with pro-ecology and low-carbon efforts to fast-track the pursuit of its carbon goals. A recent guideline issued by the …
Monthly Archives For June 2022
China’s Risky Revival of Mao-Era Grassroots Mobilization Methods
Mass mobilization has been key to Beijing’s pandemic strategy, but its continuation is undermining effective governance.
China is putting a floating power station in space
China has accelerated the launch of a solar power plant that will orbit the Earth. The superpower has scheduled the craft for 2028, when a trial satellite orbiting our planet at 400km will test the…
Evergrande loses ally after state-owned China Railway puts its stake in real estate unit up for sale
China Railway Construction Investment Group said that it plans to sell 49 per cent of its equity in an Evergrande-controlled enterprise, Evergrande Real Estate (Shenzhen), for a minimum of US$398.8 …
Global stocks rise as Beijing eases Covid restrictions
Chinese state media on Sunday announced that public transport and restaurant dining would reopen in Beijing, sparking hopes of an end … just under $1.07 ahead of this week’s European Central Bank …
We need to talk about Gucci: Kering sets plan to boost brand in China
Kering will outline plans to reinvigorate sales at its star label Gucci this week, throwing the spotlight on its approach in China – a key growth driver for leading luxury houses that has been hit…
Ant Group emerges as ‘less finance and more tech’ two years after mega IPO was called off, analysts say in wake of ESG report
Ant has been under a state-guided restructuring process since its IPO in Shanghai and Hong Kong was called off in 2020 Fintech firm will focus on four pillars: digital inclusion, low carbon, …
China’s consumers keep their wallets in lockdown as Covid-19 curbs ease
China’s sputtering economy has a lot riding on its consumers, who are just now emerging from lockdowns in Shanghai and other big cities. But those hopes are running up against the likes of Mr Wu…
Military potential of China’s Zhu Hai Yun: The world’s first AI-powered drone carrier
The recent launch of Zhu Hai Yun, the world’s first AI-powered drone carrier,raises questions like whether such a vessel will be used only for marine research orif such technology could be transferred …
China grants licences to 60 online games in June
China’s gaming regulator on Tuesday granted publishing licenses to 60 online games, following a batch of licences was announced on April 30.
China takes global lead in number of declared 5G patents
China owns nearly 40 percent of the standard essential patents for 5G technology, staying at the top of the world rankings, according to a new report by the National Intellectual Property …
Why Economic Self-Sufficiency Is Imperative In The Coming US-China Reset Per Ram Charan
CEO advisor and author Ram Charan is convinced that the US and its allies need a three-year action plan to regain superior economic self-sufficiency and stem the chronic, growing trade deficit and …
US Trade Deficit Narrows Most on Record on Muted China Imports
The US trade deficit shrunk in April by the most on record in dollar terms, reflecting a drop in the value of imports amid Covid lockdowns in China while exports climbed.
