President Joe Biden and his Chinese counterpart Xi Jinping held a lengthy and candid discussion about Taiwan as tensions mount between Washington and Beijing. CNN’s Steven Jiang breaks down Xi’s …
Monthly Archives For July 2022
China accuses US of ‘navigation bullying’ in South China Sea
China blasted a top U.S. Navy official Friday after he criticized Beijing’s increasingly aggressive actions in the South China Sea, saying it’s America’s military deployments in the disputed waters — …
As more space junk falls to earth, will China clean up its act?
Parts of a 23-tonne piece of rocket will come crashing down – somewhere – in the next few days …
China’s Property Loans, Mortgages Grow at Weakest Pace on Record
China’s overall property loans rose at the slowest rate on record as of the end of June, as banks were cautious about lending to cash-strapped developers while household demand for mortgages was weak …
China’s Property Bubble Burst Could Be Far Worse Than Japan’s
The decline in property sales comes at a time when some homebuyers refuse to repay loans for unfinished properties, magnifying the liquidity problem of the industry.
China to launch pilot scheme for retirement savings as population ages
SHANGHAI: China will kick off a pilot scheme for long-term retirement deposits in November, part of efforts to meet rising demand for pension products from an ageing population, the government said on …
China Probes Officials, Repays More Depositors in Henan Bank Scandal
Authorities scrambling to contain the damage from a rural banking scandal in central China’s Henan province said on Friday that more depositors will be repaid, while three regulators were put under …
China probes officials, repays depositors in bank scam
Authorities in Anhui province’s Bengbu city issued a similar statement, saying they will start repaying clients at a bank there from the same date. Separately, the China Banking and Insurance …
China Mulls Seizing Builders’ Idle Land to Fund Frozen Projects
China is considering a plan to seize undeveloped land from distressed real estate companies, using it to help finance the completion of stalled housing projects that have sparked mortgage boycotts …
PFMoto Is A Brand New Motorcycle Manufacturer From China
Under the Geely group, PFMoto is set to make its debut on August 16, 2022. Although still surrounded predominantly with a negative stigma, it can’t be denied that Chinese motorcycle manufacturers …
9 Ways To Sell In China: Tips For Ecommerce Marketers
The Chinese online marketplace offers a massive opportunity for savvy ecommerce companies but many barriers to entry.
Agri exports to China hit 2.4M tonnes worth $1.9B in last 42 months
Agricultural exports to China in the 14 quarters to June 30 amounted to 2.4 million tonnes, worth $1.942 billion, said a Chinese embassy report citing Cambodian agriculture ministry data, as the …
Boss of carmaker Stellantis warns of growing China interference in business
The head of carmaker Stellantis has warned about growing Chinese government interference in western businesses operating in the country, days after it ditched its joint venture to manufacture Jeeps …
