China’s Foreign Ministry is accusing the United States of violating its commitment to the “One China” principle and interfering in internal Chinese affairs …
Monthly Archives For September 2022
China’s property crisis hasn’t gone away: it is getting worse
Our reporting shows how bad the crisis has become. The frenetic pace of house building used to be emblematic of China’s rise. Now confidence in the model has collapsed. Buyers are dropping out, …
China megacity Chengdu eases lockdown as Covid-19 cases decline
The Chinese megacity of Chengdu has allowed most residents to leave their homes from noon Thursday, largely dismantling a two-week lockdown as Covid-19 cases decline.
BYD begins building a $2.9 billion industrial facility in Shenzhen
The new manufacturing facility is the latest example of BYD aggressively expanding key components on the supply chain.
China Mulling U-Turn for More Fuel Exports to Revive Growth
(Bloomberg) — China is considering allowing its oil refiners to export more fuel in an attempt to help revive its economy, which would be a reversal from a focus on minimizing emissions. Most Read …
U.S. Senate to grill SEC’s Gensler over climate, China and crypto
An aggressive regulator is critical to maintaining the United States as the “gold standard” for capital markets, U.S. Securities and Exchange Commission (SEC) chair Gary Gensler will tell the U.S.
China will regulate government fees, fines to reduce business costs
BEIJING: China will strictly regulate fees and fines imposed by the government on market entities, in order to reduce business costs, according to a notice published by China’s Cabinet on Thursday.
China: Police detain four in Xinjiang for allegedly spreading rumours about COVID-19 outbreak
Beijing: Police in the Xinjiang region of China have arrested four internet users and accused them of spreading rumours about an outbreak of Covid-19.
China Mutes Top Official’s Support for Russia’s Invasion of Ukraine
China and its state-run media outlets have yet to reference Li Zhanshu’s remarks, which backed Russia’s rationale for invading Ukraine.
China wants more high-tech zones in innovation drive
Currently home to 173 high-tech industrial development zones, China is looking to add some 50 more by 2030, crediting these sites for fuelling its GDP and helping the country achieve “breakthroughs” …
China’s plunging energy imports confound expectations
China’s stimulus efforts, which pumped around 4trn yuan ($575bn) into the economy, left observers gushing with praise. Robert Zoellick, then head of the World Bank, expressed his delight at the fiscal …
Chinese court approves crypto trading but not its use as a cash substitute
A Chinese court has ruled that citizens can still trade cryptocurrencies despite the country’s ban on digital asset services.
China will regulate government fees,fines to reduce business costs
China will strictly regulate fees and fines imposed by the government on market entities, in order to reduce business costs, according to a notice published by China’s cabinet on Thursday.The move cam …