During the Lunar new year, China handed out millions of digital Yuan to people in red envelopes. This helped them get many new users onboarded in their CBDC program. It worked because handing red …
Monthly Archives For February 2023
Beijing says second balloon flying over Latin America is Chinese
Balloon sparked outrage in the United States, which accused China of an “unacceptable violation” of its sovereignty
Morning rush hour returns in Beijing
The traffic during morning rush hour in Beijing has returned to a normal level on Monday, the first working day after the Lantern Festival. With the nationwide resumption of work and production, the pressure on…
China willing to restart trade dialogue with Australia after talks
China’s commerce minister Wang Wentao said talks held on Monday with Australian counterpart Don Farrell were a key step toward bringing bilateral economic and trade ties back on track, with relations improving after being strained…
China willing to restart trade exchange mechanism with Australia after talks
REUTERS/Carlos Garcia Rawlins BEIJING, Feb 6 (Reuters) – China’s commerce minister Wang Wentao said talks … The virtual meeting came after Chinese officials relaxed import bans on Australian coal as …
China keeps insisting its real-estate market is not in a crisis — even as just about every sign points to the opposite
The IMF recently said China’s real-estate issue needs “further action,” and developers just recorded their worst quarter in years.
Beijing warns Washington over destruction of air balloon
According to the statement, Beijing “reserves the right to take all the necessary countermeasures.” On Saturday, over the Atlantic Ocean off the Carolina coast, the US military downed the Chinese air balloon which had flown…
China spy balloon fiasco exposed Biden’s astonishing weakness and Xi will drive a truck through it
A Chinese surveillance balloon made a leisurely flight from coast to coast last week over the United States. The response from the Biden administration’s foreign policy team was weak.
Rare R2,000 iPhone discounts for China as smartphone sales struggle
Apple’s latest iPhones are selling at discounts of more than $100 (R1,749) in China, an unusually steep price cut just months after launch that suggests dwindling demand for even its highest-end …
Apple’s Latest Smartphones Sell at Rare $100-Plus Discounts in China
Apple Inc.’s latest iPhones are selling at discounts of more than $100 in China, an unusually steep price cut just months after launch that suggests dwindling demand for even its highest-end devices.
China accelerates major projects to boost economy
Photo/Xinhua] Experts noted that the launch of major projects will bring a surge of orders for related companies, increase profits, and create more jobs. Moreover, it will help stabilize investment …
U.S.-China relations just got more fragile
U.S.-China relations look increasingly fragile, analysts say, after a now-downed Chinese balloon forced the U.S. Secretary of State to postpone a Beijing trip.
China accuses the U.S. of indiscriminate use of force in shooting down of balloon
China on Monday accused the United States of indiscriminate use of force when the American military shot down a suspected Chinese spy balloon over the weekend.
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