Beijing’s No.3 Intermediate People’s Court held an open trial for He Xingxiang, former vice president of the China Development Bank (CDB), for taking bribes, illegally issuing financial notes, …
Monthly Archives For August 2022
Former bank official charged with bribery
Prosecutors said from 2006 to 2021, He made use of his multiple positions including as head of the Hainan and Shandong branches of the Bank of China, vice president of the Agricultural Development …
China is burning more coal as historic heatwave cripples its hydroelectricity capacity
China is facing its worst heatwave and drought in over half a century and turning to more coal use, including higher imports of Russian coal.
U.S. Adds Seven China-Related Entities to Export Control List
The United States has added seven China-related entities, mostly related to aerospace, to its export control list, citing national security and foreign policy concerns, according to a U.S. Commerce …
Don’t bother. These wild guesses about foreign brands are simply rumors
It may not seem like much, but for Gap, it is the best way to dispel rumors spread on social media that the company is abandoning the Chinese market. “After about 12 years of development,…
Scam syndicates in Southeast Asia need to be shut down. Beijing can help
Beijing’s state media propaganda machine has meanwhile used the large number of Taiwanese who have fallen victim to the scams to attack the “incompetence” of the island’s ruling Democratic Progressive …
China textbooks revised over ‘ugly’ cartoons
China has replaced the cartoons in several primary school books after the previous material was deemed offensive.Despite the original cartoons being used for many years, there was a sudden uproar in …
China placed much fewer export orders from tech powerhouse Taiwan in July, before Pelosi visit
Taiwan’s July data on exported hi-tech electronics could reflect cracks in the global economic recovery, with consumer demand set for a ‘rebalance’ Sharp export fall seen sparked by weakening demand …
How CEOs of American Companies Can Counter China’s Growing Dominance in International Business
It is well-documented that one factor in China’s emergence as a global business leader has been the nation’s theft of …
US-South Korea Drills: Beijing Will Not Sit Idle If Chaos Breaks Out, Warns Chinese Expert
A Chinese analyst said the U.S.is trying to “build a trilateral military alliance” in Asia through the drills.
Graphics: Cooperations under 30 years of China-ROK diplomatic ties
Wednesday marks the 30th anniversary of the establishment of diplomatic relations between the People’s Republic of China and the Republic of Korea (ROK) . The two sides have respected and supported …
Half of Sri Lanka’s bilateral debt in Beijing’s hands
According to official data from the Ministry of Finance, China is followed by Japan at 32% and India at 10%. The International Monetary Fund wants an agreement with the creditors to grant the short-te …
China’s $89 billion e-commerce giant JD.com posts slowest quarterly growth on record
JD.com shares surged after it beat top and bottom line expectations in the second quarter but posted its slowest year-on-year revenue growth on record.
