Inflation is already squeezing the ability of U.S. households to make ends meet. Chinese products line U.S. store shelves in almost every industry. Increasing tariffs on Chinese imports would mean …
Monthly Archives For July 2022
China’s business profitability improves in Q2: central bank survey
Profitability of Chinese enterprises improved in the second quarter (Q2) of the year, a central bank survey showed. The profitability index stood at 51.2 percent in the second quarter, up 2 percentage …
More experts urge U.S. gov’t to scrap additional tariffs on Chinese imports
A truck carrying containers is seen at the container dock of Shanghai’s Yangshan Port in east China, April 27, 2022. (Xinhua/Chen Jianli) The trade war approach can only be described as yet another of …
Will HK’s new leader make good on his promises with Beijing’s support?
With an accurate implementation of the principle and Beijing’s firm support, John Lee will make good on his promises.
Beijing, Shanghai expedite air, train transport recovery as Omicron ebbs
Train G601 departs from Beijing Fengtai Railway Station in Beijing, capital of China, June 20, 2022. Photo:Xinhua. Beijing and Shanghai are accelerating resumption of railway and …
As tech companies pull back from Russia, China looks on with concern
Chinese consumers have criticized Apple and others that have cut business ties with Moscow, and say Beijing should prepare for similar tactics if it were to invade Taiwan.
China’s top diplomat visits Myanmar amid opposition protest
China’s top diplomat has arrived on his first visit to Myanmar since the military seized power last year to attend a regional meeting …
Dozens feared dead as ship sinks in South China Sea
At least three people rescued from ship but more than two dozen still missing …
Mystery over purpose of China Aerospace Science and Industry Corporation’s new lab
The company, which is heavily involved in missile development, has provided few details about the new facility in Beijing …
China’s software sector sees revenue growth of 10.6% in Jan-May
China’s software and information technology service sector sustained stable growth in the first five months of this year, with revenue from software-related businesses up 10.6 percent year-on-year, …
More experts urge US gov’t to scrap additional tariffs on Chinese imports
More US experts have been urging the Biden administration to scrap Trump-era additional tariffs on Chinese imports, underlining huge benefits for America to end the trade war. “It’s time to start …
China’s two policy banks to raise 300b yuan to finance major projects
The People’s Bank of China (PBOC), the country’s central bank, will support two policy banks to raise up to 300 billion yuan ($44.87 billion) via financial bond issuance to fund the country’s major …
Xinhua Headlines: China’s night economy lights up streets of cities, showing consumption potential
Night harbors great consumption potential. Many cities in China have seen a robust recovery of the night economy as the COVID-19 epidemic has waned. * To grab the opportunities brought by the night …