That was one of the chants disgruntled apartment buyers in China used at a protest in June. But their ire over unfinished homes didn’t stop at signs and chants. Hundreds of them stopped paying their…
Monthly Archives For August 2022
Foreign Investors Exit China Bonds for Fifth Straight Month
A slowing economy has driven foreign investors out of China bonds for a fifth straight month. China’s $20 trillion bond market has suffered continuous foreign outflows since February amid rising …
China’s Cities Face Tough Choice: More Green Energy or Food
China’s plans to accelerate its world-leading expansion of solar and wind power are facing a major hurdle as floods, droughts and food-supply issues present authorities with a reality check about how …
US claims Chinese supplier violated export rules by helping ZTE sell telco equipment to Iran
ZTE, a telecommunications hardware company partially owned by the Chinese government, has gotten into trouble for hawking US-made routers, switches, services, and networking gear to Iran before.
Taiwan warns China’s preparing for a full-scale invasion
CNBC’s Eunice Yoon joins Shep Smith to report on China’s unprecedented military drills following Nancy Pelosi’s visit to Taiwan, and Taiwan carrying out its own military drills.
China’s garment industry logs stable revenue growth in H1
China’s garment industry reported stable increases in revenue and profits in the first half of the year, official data showed Tuesday.
China races to contain COVID-19 outbreaks in tourism hubs Tibet, Hainan
SHANGHAI: China raced on Tuesday (Aug 9) to stamp out COVID-19 outbreaks in the tourist hubs of Tibet and Hainan, with the authorities launching more rounds of mass testing and closing venues to …
China’s birth rates plummet as more women choose to not have babies due to COVID-related factors
Prominent Chinese demographer Yi Fuxian told Reuters, “China’s zero-COVID policy has led to a zero economy, zero marriages, zero fertility.” In a statement published by state-run Qiushi magazine on …
The solution to China’s property crisis: nationalise indebted developers and bring back social housing
Beijing plans to bail out the country’s beleaguered developers and ensure unfinished homes are completed, but this won’t solve the crux of the problem In the long term, a Singapore-style social …
China’s mortgage boycotts are a symptom of a broader crisis
For years, China’s property developers operated along similar lines. They would sell flats far in advance of building them. The money raised for these flats was supposedly reserved for building them, …
What we know so far about ‘Langya,’ the new virus discovered in China
According to data from Taiwan ’s Centers for Disease Control (CDC), though the virus has already infected 35 people, none have become seriously ill or died. The virus has been identified in China ’s …
Here’s why tens of thousands of tourists are trapped in ‘China’s Hawaii’
Some 80,000 tourists vacationing on China’s Hainan island found themselves trapped in the tropical resort city of Sanya this weekend when authorities suddenly imposed a lockdown to stop a COVID-19 …
Australia news live updates: China’s ambassador to defend Beijing amid heightened tensions; ACTU argues for windfall tax
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