Beijing is the capital of China. It is not only China’s political, economic, and cultural center but also an ancient capital with thousands of years of cultural development. Although today’s Beijing …
Monthly Archives For July 2022
China seeks to stop U.N. rights chief from releasing Xinjiang report
A Chinese letter expressed “grave concern” about the report on rights violations in the region, which Michelle Bachelet has pledged to publish before she leaves office.
Beijing leaves landings rates unchanged
In a statement, the People’s Bank of China said the one-year and five-year loan prime rates – which are set by a panel of lenders overseen by the central bank – had been left on…
China: Authorities Trigger Backlash For Breaking Into Homes In Search Of COVID-19 Contacts
Authorities in southern China have apologized for breaking into homes of people who had been taken to quarantine hotel in latest example of heavy-handedness.
Didi gets a tentative green light from Beijing
Chinese ride-hailing giant Didi may be reversing out of Beijing’s doghouse. Authorities are readying a fine of more than $1.3 billion, or around 4.7% of the company’s revenue last year, according to …
China’s latest spike in Covid cases strands tourists and restricts travel
Mainland China reported 108 new Covid cases with symptoms and 827 without symptoms for Tuesday. Many of the cases have hit spots in central China, rather than economic centers like Beijing and …
China endures summer of extreme weather as record rainfall and scorching heat wave cause havoc
Since the start of summer, scenes of devastation and misery have emerged from across China, as the world’s most populous nation grapples with an unrelenting torrent of extreme weather emergencies.
China Junk Debt on Brink of Record Low as Property Woes Grow
Chinese junk dollar bonds are hovering near a record low set in March, as the country’s property crisis deepens with pain spreading from developers to suppliers and banks. Most Read from …
China’s H1 2022 marine fuel exports down 7% on year as lockdowns hit trade
China’s exports of very-low-sulphur marine fuel was flat in June versus May at 1.41 million tonnes, with year-to-date sales remaining 7% below year-prior levels, customs data showed on Wednesday.
DoJ Seizes $500,000 In Crypto, Cash From North Korean Hackers
The Department of Justice (DoJ) has seized about $500,000 in ransom payments and cryptocurrencies from hackers backed by the North Korean government, U.S. Deputy Attorney General Lisa Monaco revealed.
1 dead, 12 injured in Tianjin gas explosion in north China
One person has died in a gas explosion that injured 12 others at a six-story residential building in the Chinese port city of Tianjin …
Luxury brand Manolo Blahnik wins right to use own name in China
UK-based luxury brand Manolo Blahnik has won the right to use its name in China following a lengthy legal battle. The high-end shoemaker has not operated in China for over 20 years, after a local…
China to fine Didi more than $1 billion for data breaches: Reuters, citing sources
The fine could pave the way for Beijing to ease a restriction banning it from adding new users to its platform and allow its apps to be restored on domestic app stores.
