China’s telecommunication industry registered steady growth in the first five months of the year, with strong expansion in emerging businesses and 5G services, official data shows. The sector raked in …
Monthly Archives For July 2022
China’s digital economy worth over 45 trillion yuan in 2021
China’s digital economy reached over 45 trillion yuan ($6.72 trillion) in 2021, People’s Daily reported on Sunday citing Ministry of Industry and Information Technology.
‘We need to stop them’ Iain Duncan Smith urges UK to stand up to China’s worrying ‘threat’
IAIN DUNCAN SMITH has raised the alarm over China’s worrying “threat” to the UK as it has been pouring investment into British universities in an attempt to “subvert them” and “steal their technology” …
Tesla Q2 deliveries hit by China shutdowns; says June was best month ever
Tesla released its Q2 production and delivery figures, which came roughly inline with street estimates. Tesla produced 258,580 vehicles and delivered 254,695 vehicles in Q2. Deliveries, which the …
Beijing and Shanghai resume flights, trains as Covid-19 cases come down
Kerala on Sunday recorded 3,322 fresh COVID-19 cases and two deaths which raised the total caseload in the State to 66,53,272 and the fatalities to 70,048 respectively.
Strategic partnership between Moscow and Beijing deepens
NATO just declared Russia to be a “threat”. But it also decided China is a “challenge”. And lurking behind a series of meetings between global leaders were fears of the two teaming up.
Hong Kong lawmaker photographed with Chinese President Xi tests positive for Covid-19
A Hong Kong lawmaker who was photographed standing close to Chinese President Xi Jinping earlier this week announced Sunday he had tested positive for Covid-19.
Covid-19: Beijing, Shanghai resume trains, flights amid summer travel rush
Shanghai and Beijing, China’s top two cities, which went through stringent Covid-19 lockdowns in the last two months due to the spread of the Omicron variant, have accelerated the resumption of rail …
Chinese property developer Shimao misses repayment on $1 bln bond
Chinese developer Shimao Group has missed the interest and principal payment of a US$1 billion offshore bond due on Sunday in the latest blow to China’s embattled property market.
China real estate firm misses $1B bond payment
Chinese real estate development company Shimao Group Holdings Ltd. revealed on Sunday that it was not able to repay offshore bonds totaling over $1 billion even though they matured on July 3.
In China’s capital, mass testing becomes new normal
The approach is now being followed in most Chinese cities, all of which requires an enormous infrastructure to process millions of daily samples …
Amb. Zhou Pingjian: The So-called ‘Debt trap’ is pure disinformation, don’t tarnish China-Africa cooperation
Kenya’s largest creditor? Not China. Kenya owes less than 10% of its public debt, or, less than 20% of its foreign debt, to Chinese creditors. Labeling China as the main creditor of Kenya is clearly…
You shouldn’t buy a new GPU right now, and not even because of the crypto risks
But take heart, PC-builders! Things finally seem to be rounding a corner, with production picking back up, a huge cryptocurrency crash proving bad for crypto bros but good for gamers, and …