Beijing has received details on core algorithms of the country’s top internet companies, but experts warn exerting direct control may be beyond any regulator.
Monthly Archives For August 2022
Explainer: What to look for from China’s 20th Communist Party congress
China’s ruling Communist Party opens its 20th congress on Oct. 16 that is likely to end with President Xi Jinping anointed for a third, five-year term as the supreme leader and a shuffle of personnel…
HOLD FOR MONTHLY Asian exports softening /OT
Non-China Asian exports are still growing, but the pace of increase has slowed and will slow still further as key export destinations struggle …
China attacks ‘irresponsible’ Liz Truss over plan to raise threat status
Beijing has accused Liz Truss of being irresponsible after reports that she would declare China a national security threat were she to win the Conservative lead …
China’s top airlines post steep Q2 losses on COVID curbs
China’s three biggest airlines posted on Tuesday a combined 28.4 billion yuan ($4.12 billion) second-quarter loss, wider than in the first quarter, due to major travel disruptions including a strict …
China’s Sichuan, Chongqing resume power supply to industry
China’s Sichuan province and Chongqing city have resumed normal power supply for industrial and commercial usage, reported state broadcaster CCTV on Tuesday, reducing concerns over tight supplies of …
China’s big cities, from Dalian to Shenzhen, ramp up COVID curbs
Several of China’s biggest cities imposed tougher COVID-19 curbs on Tuesday, further crimping the activities of tens of millions, and sparking fresh concerns for the health of a barely growing economy …
China’s extreme summer: now is the time for Beijing to let green groups get involved
Activism and debate on sensitive environmental issues has been shut down in the past decade, but Beijing needs to ease controls and enlist support to tackle daunting challenges.
As China’s property crisis grows, is the global economy at risk?
China’s house prices are falling as Beijing reins in sector, raising fears for economic growth at home and globally.
China issues draft rules to regulate financial holding companies’ related transactions
China’s central bank issued draft rules on Tuesday to regulate related transactions of financial holding companies. Such transactions must conform to rational commercial principles, be backed by …
As China’s property crisis grows, is the global economy at risk?
China’s house prices are falling as Beijing reins in sector, raising fears for economic growth at home and globally.
China’s biggest property developer Country Garden sees profits plunge 96%
The company blames the ‘severe depression’ in the property market and says ‘only the fittest will survive’ …
China’s biggest property developer Country Garden posts almost 100% slump in profit
Unlike its largest peers, Country Garden focuses on the lower end of the market, making it more vulnerable to weakening demand from homebuyers during a slowdown.
