The leader’s nationalist effort to meld ethnic groups, an agenda increasingly central to his rule, is seen as a bulwark against internal divisions and threats from the West.
Monthly Archives For October 2022
HSBC extends Chinese private banking network to lure new digital millionaires
HSBC Global Private Banking has launched its business in the large Chinese cities of Chengdu and Hangzhou, it said on Tuesday, to try to capture a bigger share of the local market as uncertainties …
Oil falls on recession fears and China’s Covid-19 worries
Oil slid more than 1 per cent on Tuesday, extending losses of nearly 2 per cent in the previous session, as recession fears and a flare-up in Covid-19 cases in China raised concern over global…
Exclusive: KLA to stop sales and service to China to comply with U.S. export curbs
U.S. chip toolmaker KLA Corp will cease offering some supplies and services from Wednesday to China-based customers including South Korea’s SK Hynix in compliance with recent U.S. regulations, a …
Shenzhen leads China in cross-border CBDC transactions: report
Companies in Shenzhen in mainland China made up one-third of the transaction volume in a cross-border central bank digital currency (CBDC) bridge pilot project, according to a report by Chinese media …
China auto sales growth slows in Sept as signs of softening demand emerge
Auto sales in the world’s biggest car market increased to 2.61 million vehicles last month, data from the China Association of Automobile Manufacturers (CAAM) showed on Tuesday. While sales were still …
China’s Tech Firms Are Slashing Staff. Creators Are First in Line.
When China’s tech companies torpedoed the traditional media industry, thousands of journalists and other creators jumped ship. Now, the startups that hired them are sinking, too.
Internet development sweetens apple business on Loess Plateau
It is the rapid development of the Chinese internet industry that makes Zhang’s e-commerce business a success. With improved internet service infrastructure, the coverage of internet access in China’s …
Global PC Sector Suffers Worst Drop as China Chip Curbs Loom
The global PC market saw its steepest decline on record as economic uncertainty and a glut of unsold inventory dented shipments for the fourth quarter in a row.
Spy chief warns that China’s control of cyber technology ‘poses a threat to us all’
Director of GCHQ, Sir Jeremy Fleming is due to give a rare public speech on Tuesday in which he will discuss the threat China poses in terms of the technology race if the West does…
China steps up anti-COVID measures
Testing for COVID-19 has been ramped up in Shanghai and other large Chinese cities as infections ticked up following a week-long holiday.
Security, Red Banners and COVID Curbs: Beijing Readies for 20th Congress
Beijing has stepped up security and COVID curbs and decorated the capital Beijing with red political banners as it gears up for a Communist Party congress where President Xi Jinping is poised to …
China rushes to control new Covid cases across the country
New Covid cases are spiking across mainland China, prompting many local authorities to tighten controls on movement.