China’s economic recovery gained momentum in July as business activities resumed and confidence improved, despite disruptions from sporadic Covid outbreaks across the country. Most Read from …
Monthly Archives For July 2022
Goldman Warns China’s Property Crisis Will Sink Iron Ore
The crisis engulfing China’s property sector will help swing the iron ore market to a significant surplus over the second half of the year and push prices sharply lower, according to Goldman Sachs …
China can unlock US$600 billion annually from AI, machine learning alone
AI could disrupt transportation and other key sectors in China, adding up to US$600 billion in economic value.
Uh oh. Data shows India-China trade deficit widening, Indian exports falling for 1st time in yrs
Commerce ministry data shows that in April and May, India’s exports to China declined by 31% while imports grew by 12.75%. Overall trade grew by just 2% compared to previous year.
Forum aims to establish Beijing as focal point of national culture
Participants in the first Beijing Culture Forum pose for a photo with Beijing 2022 Winter Olympics mascot Bing Dwen Dwen while touring the Shougang Big Air venue in the capital on Monday, the first …
China Intl Consumer Products Expo attracts many
The second China International Consumer Products Expo, which kicked off on Monday in Haikou, capital of South China’s Hainan province, has attracted 1,107 overseas companies and 1,643 brands from 61 …
China reports 976 Covid-19 cases, up from 800 a day earlier
China reported 976 new coronavirus cases for July 25, of which 148 were symptomatic and 828 were asymptomatic, the National Health Commission said on Tuesday (July 26). That compared with 800 new …
China approves Genuine Biotech’s HIV drug for Covid-19 patients
BEIJING – China on Monday (July 25) gave conditional approval to domestic firm Genuine Biotech’s Azvudine pill to treat certain adult patients with Covid-19, adding another oral treatment option …
Close coordination between neighbors conducive to ensuring regional stability: China Daily editorial
China’s relations with Indonesia, the biggest economy in the 10-member Association of Southeast Asian Nations and an influential regional power, are an exemplary model of the win-win cooperation and …
Hyping ‘China threat’ no cure for British disease: China Daily editorial
China “just moved past counterterrorism in terms of our mission,” he said. And he offered some insight into what that “mission” entails, saying he seeks to forge relationships with the intelligence …
Henan protests highlight concerns over China’s rural banking sector
The protesters were desperate to recover about Rmb40bn ($5.9bn) in frozen deposits from four rural banks. Beijing’s deployment of Liu, a veteran of Chinese bank regulation, suggested the central …
China’s Alibaba to apply for dual primary listing in Hong Kong
Alibaba will apply for a primary listing in Hong Kong and keep its US listing, the first big company to take advantage of a rule change allowing …
Myanmar executions: US presses China to rein in junta, saying it cannot be ‘business as usual’
State department says military government in Yangon has not faced enough economic and diplomatic pressure, amid global outrage at killings …
