China could face further power shortages this summer despite taking drastic measures to boost coal production, as much of the new supply is of lower quality than before and burns more quickly in power …
Monthly Archives For June 2022
China goes all out to bolster employment for college graduates in record year
In a year when a record 10.76 million graduates stream out of colleges, China is living out its jobs-first commitment to helping them enter the workforce against COVID-19-induced snarls. This …
Two Sigma Ramps Up China Hedge Fund Push After 22% Return
Two Sigma Investments is stepping up its bid to tap the wealth of Chinese investors by asking them for a fresh round of cash for its outperforming fund and expanding local headcount. Most Read from…
Chinese court invalidates 2019 car sale made using now worthless crypto token
Last week, a WeChat post published by the Shanghai Fengxian Court began circulating in crypto circles with regards … evolved into what is known now as China’s cryptocurrency ban, the Shanghai …
Why use of social media to market fashion in China and West is so different – the hard sell from influencers doesn’t work in US or Europe … yet
In the West fashion brands use social media to raise awareness of products rather than sell directly, the opposite of what they do in China through influencersChinese customers respond to product …
China’s Covid-19 outbreaks shift to south with Shenzhen, Macau on alert
China’s Covid-19 outbreak is shifting to its south coast, with a flareup in technology hub Shenzhen triggering mass testing and a lockdown of some neighbourhoods, while gambling enclave Macau — an …
Former U.S. ambassador says lifting China tariffs could slash inflation by 1% over time, help Biden in midterms
With recession on the horizon, an increasing number of U.S. observers say the Biden administration should lift U.S.-China tariffs, or “taxes on goods” …
Live news updates: China’s Evergrande sets timetable for restructuring and stock trading resumption
Asia-Pacific equities rose on Tuesday, as a steep global sell-off in recent trading sessions appeared to be bottoming out. Hong Kong’s Hang Seng index rose as much as 1.5 per cent, China’s CSI 300 …
China Shows It’s Serious About Enforcing Coal Price Controls
(Bloomberg) — China’s top planning agency has demonstrated its intent to keep coal prices in check, after a probe of deals struck by power plants found contracts that exceeded reasonable levels …
China Junk Bond Selloff Enters New Phase With Record Fosun Rout
The steep losses in Fosun’s bonds, alongside a fresh selloff in Macau’s casino operators, are pushing China’s junk dollar debt market into a new phase as broader risks in the world’s No. 2 …
China Successfully Tests Technology That Can Transfer Solar Energy To Earth From Space
China has announced plans to bring forward the development of a ‘solar power plant’ capable of beaming energy to Earth from outer space. The ambitious project, developed by researchers at Xidian …
Chinese researchers test technology to transmit solar power from space
Researchers at Xidian University in China have trialled a technology that could one day wirelessly beam solar power from space to Earth.
China’s FAST telescope did detect intelligent life. But it was ‘very likely’ humans
Reports emerged last week that Chinese astronomers detected the techno-signatures of an intelligent alien civilization. Now it turns out that the report highlighted signals that are, in fact, likely …
