Major flooding has forced the evacuation of tens of thousands of people in southern China, with more rain expected. The manufacturing hub of Guangdong suspended classes, office work and public …
Monthly Archives For June 2022
China sends dozens of warplanes into skies near Taiwan
A total of 29 Chinese warplanes entered Taiwan’s self-declared air defense identification zone (ADIZ) on Tuesday, according to the island’s Defense Ministry.
America Shouldn’t Copy China’s Belt and Road Initiative
U.S. policymakers have been wringing their hands about the Belt and Road Initiative, the massive infrastructure investment project through which China has financed and built bridges, ports, power …
How China’s Property Developers Got Into Such a Mess
Construction and property sales have been the biggest engines of economic growth since President Xi Jinping came to office a decade ago. Home prices skyrocketed — surging sixfold over the past 15 …
China Conducts Sixth Missile Defense Test One Year After The Last One
The anti-ballistic missile test was conducted within the country’s borders, and Chinese defense officials are calling it a success.
U.S. sanctions help China supercharge its chipmaking industry
China’s chip industry is growing faster than anywhere else in the world, after U.S. sanctions on local champions from Huawei Technologies to Hikvision spurred appetite for home-grown components.
China’s Guizhou province to slap backdated power charges on uncovered crypto miners
Another Chinese province has introduced higher retroactive electricity charges for cryptocurrency mining projects when they are discovered, a form of financial penalty on the banned activity. See …
China’s Covid-19 cases at four month low as threat of curbs remains
BEIJING (BLOOMBERG) – China reported the fewest daily Covid-19 cases in more than four months on Wednesday (June 22), though the threat of restrictions remains as cities move swiftly to stamp out any …
De Rucci Healthy Sleep’s IPO to debut on Shenzhen Stock Exchange
De Rucci Healthy Sleep (001323) to start trading on the Shenzhen Stock Exchange’s Main Board Jun 23, tomorrow. The firm has issued 40.01 mln shares priced at RMB 38.93 per share raising RMB 1.56 bln.
Taiwan accuses China of bullying over World Cup name change
Taiwan accused China of bullying on Monday after organizers of the World Cup in Qatar again changed the reference for Taiwanese visitors applying for an identification card that doubles as an entry …
Thousands evacuated as floods ravage south China
Hundreds of thousands of people in China have been evacuated in several southern and eastern provinces after unrelenting rains caused floods and triggered landslides. Two provinces upgraded flood …
US bans imports from China’s Xinjiang region over forced labor concerns
The United States banned all goods produced in China’s western Xinjiang region on Tuesday, following the enactment of a forced labor law signed by President Joe Biden last year.
Imports from China increased by 45.51 per cent in FY22 to Rs 7.02 trillion: Commerce Ministry data
India’s exports to China grew by 0.61% in FY22, which increased in FY21 by 33.59%. The major items of exports included iron and steel, ores, slag and ash and organic chemicals.
