A fire engulfed a 42-story building in Changsha, central China, on Friday, with no reported casualties thus far. Photos and videos from the city of 10 million show orange flames and a thick cloud of…
Monthly Archives For September 2022
China, AUKUS countries clash at IAEA over nuclear submarine plan
China clashed with the countries in the so-called AUKUS alliance at the U.N. nuclear watchdog on Friday over their plan to supply Australia with nuclear-powered submarines, capping a week in which …
The Fifth China International Import Expo prepares to open its door to worldwide participants
Acting as a major platform for international procurement, investment promotion, cultural exchanges and open cooperation, the China International Import Expo (CIIE) has been held for four consecutive …
Seoul to closely communicate with Beijing on US missile shield, not target China
Li’s visit is also crucial for Yoon’s government as it wants to assure Beijing that its push to reinforce the US alliance and participation in US-led regional initiatives would not target China, its …
Yoon meets with China’s top legislator; remarks show Beijing’s message over sensitive issues like THAAD ‘received’
Xinhua . South Korean President Yoon Suk-yeol met with China’s top legislator Li Zhanshu in Seoul on Friday, saying that he hopes to further develop ties with …
Beijing Fashion Week 2022 lights up traditional cultural landmarks
Beijing Fashion Week 2022 raised its curtain on Thursday with the fashion show “Night of Fashion Aesthetics” staged at Wangfujing Street, an iconic commercial strip in the Chinese capital. As part of …
China’s tax revenue shrinks in first 8 months thanks to tax cuts
China’s tax revenue narrowed in the first eight months of the year as the country has stepped up tax cuts to boost market vitality. The country’s tax revenue totaled some 11.32 trillion yuan (about $1…
China spends more on social security, employment in first 8 months
China has spent more money from its general public budget on improving people’s livelihoods and keeping the job market stable this year, according to official data released Friday. Expenditure on …
China’s trade with SCO members up 26% in Jan-Aug
The trade volume jumped 26 percent year on year to 1.73 trillion yuan (about $250 billion) in the January-August period, according to the General Administration of Customs. The growth rate was 15.9 …
Tornado Cash Ban Will Aid China’s AI Goals
The U.S. government forcing blockchains to make transaction data public has dangerous geopolitical implications in the tech race against China.
TikTok-Owner ByteDance Offers to Buy Investors’ Shares After Scrapping IPO Plan
The move by the Beijing-based company will give long-term shareholders the chance to cash in after it ruled out plans for an IPO.
TikTok parent ByteDance said to offer to buy back $3B in its shares as IPO delayed
ByteDance (BDNCE), the parent of the TikTok short video app, is said to be offering to buy back as much as $3 billion of its shares from investors as its plan for an initial …
Two factors hampering green stock indices in China
Green lending and green bonds have flourished in China, and now green stocks are set to join them. But development of the sector will require both methodologies for producing sustainability indices an …