The country’s first domestically made passenger jet will be fast-tracked to grab market share, vows Commercial Aviation Corporation of China, but Western restrictions on access to technology loom …
Monthly Archives For January 2023
China COVID-19 peak to last two-three months, hit rural areas next
BEIJING: The peak of China’s COVID-19 wave is expected to last two to three months, and will soon swell over the vast countryside where medical resources are relatively scarce, a top Chinese …
China’s trade with Russia hit a record $190 billion in 2022 as Moscow deepens partnership with Beijing amid withering western sanctions
China’s trade with Russia hit a new record in 2022, a sign that Moscow is deepening its partnership with Beijing amid withering Western sanctions. Imports from and exports to Russia reached 1.28 …
China 2022 crude oil imports fall for second year despite Q4 pickup
China’s crude oil imports in December rose 4.2% from a year earlier to the third-highest in 2022 on a daily basis, data showed on Friday, as state refiners bought Saudi crude at lower official prices…
China approves import of Bayer’s GMO alfalfa, Corteva canola after a decade
China has approved the import of eight genetically modified (GMO) crops, including GMO alfalfa for the first time, the country’s agriculture ministry said on Friday. Global seed companies have long …
China’s cumulative COVID cases hit 900m, over 60% of population: estimate
Private-sector data suggests infection rates of 80-90% in some provinces …
China’s government is buying Alibaba and Tencent shares that give the Communist Party special rights over certain business decisions, report says
The stakes usually involve a 1% holding and are known as “special management shares,” according to the Financial Times.
US carrier strike group begins operating in South China Sea as tensions with China simmer
A US carrier strike group began operating in the South China Sea on Thursday, the Navy announced, amid heightened tensions with Beijing, which claims much of the body of water as its sovereign …
China launches new commercial communications satellite to orbit
The 4,607-pound (2,090 kilograms) satellite was developed by the China Academy of Space Technology (CAST) and based on a new, small DFH-3E satellite platform featuring all-electri …
China ‘Tries New Tactic’ to Control Alibaba, Tencent. The Stocks Are Climbing.
Beijing is working to take ‘golden shares’ in units of both companies, according to reports. The plan could represent an alternative to the regulatory crackdown that has hit Chinese technology stocks …
China launches first satellite with high-power electric drive
The Apstar 6-E is equipped with a propulsion system designed to keep it in orbit for at least the next 15 years Electric engines are expected to play a key role in the next space…
China trade: exports, imports tumbled in December, but trade growth with Russia steady
China’s exports fell by 9.9 per cent in December compared with a year earlier, while imports fell by 7.5 per cent last month, data released on Friday showed.
China’s exports, imports tumble sharply in December, cloud 2023 growth outlook
BEIJING: China’s exports shrank sharply in December as global demand cooled, while imports also tumbled again as surging COVID-19 infections and a property downturn weighed heavily on domestic demand, …
