China won’t rule out the use force to unify the two sides, the paper said, reaffirming the Communist Party’s long-stated position that it would reserve all necessary options. “The …
Monthly Archives For August 2022
China property developers’ woes cast shadow over management units
China Evergrande Group, the world’s most indebted property … Also, property manager Shimao Services Holdings bought a business from developer parent Shimao Group at an unusually high price. Such …
Taiwan warns opposition deputy’s visit to China threatens ‘internal unity’
Taiwan’s Beijing-friendly opposition party has sent its deputy leader to China on a trip that Taipei warns risks sowing internal division as the country faces unprecedented intimidation from the …
Lenovo reports flat revenue in Q1FY23 amid COVID-19 lockdowns in China
Total revenue came in at $16.96 billion, in line with an average Refinitiv estimate of $16.87 billion drawn from seven analysts.
Shenzhen powers ahead in transport
Shenzhen is speeding up the construction of more than 30 railway and expressway routes to neighboring cities in order to create what it calls a “half-hour living and economic circle”. Intercity …
China’s July factory-gate inflation hits 17-month low
China’s factory-gate inflation eased to its weakest since February 2021, as raw material prices fell due to already slower construction activity, while consumer prices rose gently, bucking the sharp …
China’s Consumer Prices Jump, Adding to Inflation Concerns
(Bloomberg) — China’s consumer inflation accelerated in July to the highest level in two years, complicating Beijing’s efforts to get its Covid-hit economy back on track with more stimulus. Most Read …
China-US tensions: how global trade began splitting into two blocs
Speaker Nancy Pelosis visit to Taiwan has elicited a strong response from China: three days of simulated attack on Taiwan with further drills announced, plus a withdrawal from critical ongoing …
China’s youth face bleak job market as COVID slows economy
Liu Qian, job-hunting with a new master’s degree, said two employers interviewed her and then said the positions had been eliminated. Others asked her to take lower pay. She is one of 11 million new…
China’s exports to Russia soar data
Shipments jumped more than 20 in July from a year earlier in dollar terms according to customs authority Russia bought 67 billion wort …
China’s Lenovo reports flat revenue, weakest in eight quarters
Lockdowns in China during the quarter dealt a blow to the PC supply chain … their digital capability has fuelled growth in Lenovo’s server and other non-PC business. The company reported 37% revenue …
‘This is about striking fear’: China’s Taiwan drills the new normal, analysts say
Show of force by China has eased off, but observers say it will strike ‘fear and a sense of inevitability in Taiwanese hearts and minds’ …
Why people in China stopped paying their mortgages
“Construction stops, mortgage stops. Deliver homes and get repaid!”That was one of the chants disgruntled apartment buyers in China used at a protest in June. But their ire over unfinished homes …