China opposes the blacklisting of Chinese firms by the United States and will take the necessary measures to protect them, the commerce ministry said on Thursday. U.S. President Joe Biden’s …
Monthly Archives For June 2022
China’s Xi arrives in Hong Kong in his first trip off the mainland since the onset of the pandemic
Chinese President Xi Jinping arrived Thursday in the special administrative region of Hong Kong, state media said.The trip is for the 25th anniversary on Friday of Hong Kong’s handover to China from …
Xi Jinping leaves mainland China for the first time since the beginning of pandemic
Chinese leader Xi Jinping has left mainland China for the first time since the beginning of the pandemic, arriving in Hong Kong Thursday ahead of the 25th anniversary of the city’s handover from …
Russia and China Slam NATO After Alliance Raises Alarm
NATO is facing rebukes from Moscow and Beijing after it declared Russia a “direct threat” and said China posed “serious challenges” to global stability.
Three-stage engine of China’s new manned carrier rocket to enter prototype development
A three-stage engine of China’s new generation manned carrier rocket will go to prototype sample development, according to the China Aerospace Science and …
Cryptocurrency is ‘biggest Ponzi scheme in human history’, Chinese execs from state-backed blockchain drive say
Executives from China’s Blockchain-based Service Network say Web3 games and cryptocurrencies, such as bitcoin and ethereum, are investment frauds.
Business leaders say new Hong Kong chief must open up city, rebuild its image
Business executives in Hong Kong have a wish list for its new leader: scrap COVID-19 quarantine rules, and promote the rule of law and transparent regulations to revive foreign investor confidence – …
Update: China’s PMI bounces back to expansion territory in June
China’s factory activities returned to expansion territory in June after three consecutive months of contraction, showed official data released Thursday, indicating that the world’s second-largest …
Easing COVID-19 rules, growth focus aid China bulls’ cautious return
This week, travel and gambling stocks leapt as China halved travelers’ quarantine to one week. Investors hope it is a sign Beijing could eventually ease its draconian zero COVID-19 policy, and …
China’s June Factory Activities Expand as COVID-19 Curbs Ease
China’s factory activities expanded in June, for the first time since February, as authorities lifted COVID lockdowns in major cities such as Shanghai. Official data from the National Bureau of …
China cuts inbound COVID-19 quarantine by half in move to ease borders restrictions
China said it will cut its mandatory inbound quarantine by half on Tuesday in the nation’s first move to ease COVID-19 borders restrictions since March 2020.
Hello Kitty firm strikes China deal after viral hit
The Japanese company behind the Hello Kitty brand has struck a licensing deal in China after one of its lesser-known characters went viral in the country.Sanrio says a unit of e-commerce giant Alibaba …
China’s property bottom leaves few standing tall
Few are standing tall in the troubled world of Chinese real estate. China Vanke , the second-largest developer by sales, reckons parts of the housing market are recovering . But weaker rivals are …