Power outages, work stoppages, and ongoing Covid outbreaks in China continue to drag on a a beleaguered economy.
Monthly Archives For August 2022
China to hold 20th Communist Party congress from October 16
China’s ruling Communist Party will hold its five-yearly congress beginning on October 16, with Xi Jinping poised to secure an historic third leadership term and cement his place as the country’s most …
Millions in new COVID lockdown as China keeps strict policy
China has placed millions of its citizens under renewed lockdown following fresh outbreaks of COVID-19, authorities reported Tuesday, as the government persists in its hard-line policy on containing …
China Sends Troops to Russia as 50k Soldiers Take Part in Military Exercise
Russia’s delayed and scaled-down Far East war games will kick off on Thursday, involving thousands of pieces of military hardware and more than 50,000 personnel, including members of the Chinese army, …
Taiwan’s China Airlines to buy 16 Boeing 787s in $4.6 bln deal
Taiwan’s China Airlines Ltd said on Tuesday it would buy 16 Boeing Co 787 widebody planes to replace its ageing fleet of Airbus A330s following a widely-watched contest held against the backdrop of …
China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says
Country Garden, which for years ranked as China’s top real-estate developer, reported a 96% drop in first-half profit and said the market has struggled with sluggish demand and declines in property …
China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says
Country Garden, which for years ranked as China’s top real-estate developer, reported a 96% drop in first-half profit and said the market has struggled with sluggish demand and declines in property …
‘Only the fittest can survive’, says China property giant Country Garden after reporting 96% fall in profit
Hong-Kong listed property developer Country Garden Holdings blamed the “severe depression” in the crisis-hit property market for its 96% drop in …
China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says
Country Garden, which for years ranked as China’s top real-estate developer, reported a 96% drop in first-half profit and said the market has struggled with sluggish demand and declines in property …
‘Only the fittest can survive’, says China property giant Country Garden after reporting 96% fall in profit
Hong-Kong listed property developer Country Garden Holdings blamed the “severe depression” in the crisis-hit property market for its 96% drop in …
China’s intellectual property landscape is maturing
At first glance, Manolo Blahnik’s recent intellectual property victory in a Chinese court signified a maturing landscape for foreign companies in China. The shoemaker was a victim of China’s infamous …
Finance ministry vows ‘meticulous’ implementation of proactive policy in H2
China’s Finance Ministry on Tuesday vowed to meticulously implement a proactive fiscal policy, beef up fiscal capacity for major strategic tasks and resolutely ensure and improve people’s livelihoods …
Biden plans to ask Congress to approve $1.1 bln arms sale to Taiwan- Politico
The Biden administration plans to ask the U.S. Congress to approve an estimated $1.1 billion arms sale to Taiwan, including 60 anti-ship missiles and 100 air-to-air missiles, Politico reported on …