During the first seven months of the year, China’s fiscal revenue dropped by 9.2 per cent year … according to the Ministry of Finance. Experts say there is no easy way to increase local government…
Monthly Archives For August 2022
Luxury shoes a step too far for Gen Z in China as unemployment nears 20pc
From $300 bucket hats to $900 runners and $700 T-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such ‘aspirational’ purchases.
China-India relations: as Beijing asks for one-China reassurance, New Delhi demurs. Why?
India’s reluctance to reiterate the one-China policy in the wake of Nancy Pelosi’s visit to Taiwan is not without precedent in recent years But observers say Delhi’s ambiguity is also being driven by …
Chipmakers caught in the crossfire of rising US-China geopolitical tensions
When it comes to circumventing US regulations, China moves like water around rocks David Hanke, partner at ArentFox Schiff The Financial Times reported this month that Korean semiconductor titans …
JUPITER ASIAN INCOME: Jupiter leaves China’s orbit as tensions rise
In June, it had positions in Chinese companies Hengan (a hygiene business) and food manufacturers Tingyi and Want Want. It also had a stake in Macau-listed resort developer Sands China. Combined, they …
China sentences billionaire Xiao Jianhua to 13 years, fines Tomorrow Holdings $8.1 billion
A court sentenced billionaire Xiao Jianhua, not seen in public since 2017, to 13 years in jail and fined his company Tomorrow Holdings $8.1 billion.
Caitlin Johnstone: China threatens the US Empire, not the US
Empire apologist arguments depend on pretending the US empire doesn’t exist and the US is a normal country minding its own business.
China’s record youth unemployment is a gathering storm for Xi Jinping
They were supposed to be China’s trailblazers — the most educated generation in the country’s history, the foot soldiers building Xi Jinping’s “Chinese Dream” o …
China complains US not cracking down on ‘anti-China thugs’ outside embassy
A spokesperson for the Chinese Embassy in the United States has demanded that the U.S. government crack down on demonstrators protesting outside the building.
Fears over China’s access to genetic data of UK citizens
Biobank urged to review transfer of information for medical research …
Chinese Canadian Billionaire Sentenced to 13 Years for Financial Crimes
Xiao Jianhua, a Chinese Canadian billionaire and onetime trusted financier to China’s ruling elite, was sentenced to 13 years in prison Friday, and his company fined $8 billion, after he pleaded …
China’s bid to dominate via tech
Microchips and related technological might are enabling today’s tech titans to prosper. The drivers of economic activity have been a basic denominator of growth and power contests. To a large extent, …
On heels of Biden visit, China’s Xi expected to visit Saudi Arabia soon
China’s Xi Jinping is expected to visit Saudi Arabia soon. Beijing and Riyadh have become close trading partners over the last few years.