China’s service trade has delivered a meteoric expansion and showcased a growing presence in the global arena over the past decade, as the country moves into a higher-level opening-up economy. Since …
Monthly Archives For August 2022
China’s Overextended Real Estate Sector Is A Systemic Problem
and business investment. Bridging the gap between the two was not a problem for the Chinese economy during the first thirty years of the period known as reform and opening up (the late 1970s until…
Whose democracy? Beijing, New York show vast contrast
He came to Beijing in 2019 and that year he also visited New York City for the first time, which invited the comparison. “Despite its remarkable history, New York is a city with deep contradictions…
Ancient relics come to life with technology
Wearing the smart glasses, Zhang was presented with virtual images of relics as well as related background information, such as the real-life scenarios in which they were used, their functions and …
China is preparing for a full-spectrum AI war. India is still 15 years behind
The need of the hour is to analyse China’s capabilities for ‘informationised and intelligentised’ warfare and bridge the gap.
US Goes For EDA Jugular In China Chips War
The US-China chips war is heating up with new measures that will likely cause major disruptions for the global semiconductor industry. The US Com …
E-Invoicing in China 2022: Expansion of the Fully Digitalized E-Fapiao Program
We discuss the expansion of e-invoicing in China as the digital e-fapiao program widens its pilot roll-out with unique features.
Tropical Storm Ma-on makes landfall in southern China
Tropical Storm Ma-on made landfall in southern China’s Guangdong province on Thursday after bringing rain and stiff winds to Hong Kong, where the stock market was closed for the morning session due to …
Some like it hot: Eating spicy in China’s WWII shelters
The city of Chongqing, dubbed one of China’s four “furnace” cities, is known for both soaring temperatures and spicy cuisine — notably its hotpot, a peppery bubbling tabletop broth into which diners …
China’s UN envoy: Bloc confrontation must be rejected
Obsessing over military forces and seeking absolute security will lead only to constant escalation of the regional situation, which is not in the interest of any party, Zhang Jun, China’s permanent …
China’s small, regional banks gain lifeline with planned NPL disposal initiative
But local asset management companies may face pressure to acquire bad debt at prices that make it challenging to earn a commercial return. China’s proposed resolution to accelerate non-performing loan …
Investors are bearish on China, but have more to fear in the US
China’s zero-Covid policy and property crackdown have undermined attempts to boost growth and dashed investor confidence – but at least expectations are in line with reality In the US, markets are …
Apple’s iPhone sales make up half of China’s high-end smartphone market in second quarter, solidifying US firm’s lead
Huawei, formerly China’s largest smartphone vendor, has seen its once lucrative smartphone business decimated since Washington added the telecoms equipment maker to a trade blacklist. This has left a …
