China’s ceremonial parliament has accused American lawmakers of trampling on the sovereignty of other nations after the U.S. passed a measure condemning a suspected Chinese spy balloon’s intrusion …
Monthly Archives For February 2023
China’s Jan air passenger numbers jump 34.8% after COVID curbs ease
China’s January air passenger traffic rose 34.8% from a year earlier, the aviation regulator said at a regular news conference on Thursday, after the country abandoned its strict zero-COVID policy.
China restores 795 intl flights across 98 carriers in one week, up 65% before downgrading management of COVID-19
China has maintained a fast recovery of international flights, as resumed weekly fixed passenger flights have increased by more than 60 percent over the week before downgrading management of COVID-19 …
DBS Weighs Possibilitiy of Enlarging Its Stake in Shenzhen Bank
DBS Group Holdings Ltd., Southeast Asia’s largest lender, is considering raising its stake in China’s Shenzhen Rural Commercial Bank over the next few years, its chief executive said Thursday.
Competitor or adversary? The west struggles to define its relationship with Beijing
China, the US’s most vital trade partner and its main long-term competitor, presents the country with a sticky ‘pacing challenge’ …
Charlie Munger says crypto fans are ‘idiots’
Munger also doubled down on his recent Wall Street Journal editorial calling for the U.S. government to follow China and ban cryptocurrency …
China’s 1st domestically-built large cruise ship to be delivered by end 2023
China’s first domestically-built large cruise ship is expected to be delivered by the end of 2023, with over 91 percent of construction completed, the administration bureau of the bonded area in China …
China’s SMEs improve business activities
The business activities of China’s small and medium-sized enterprises improved marginally in January, as the Small and Medium Enterprises Development Index saw its largest rise in growth over the past …
China has U-turned on almost all major policies it put in place in the last 3 years — and it’s not surprising, given the state of its economy
In recent months, China has pulled major U-turns on a series of major political and economic policies. Most recently, after three years of pandemic lockdowns and isolation, China abruptly reversed …
China to expand imports of quality products in 2023
China will appropriately expand imports this year with strengthened cooperation with trading partners, an official said. This was reported by The Xinhua News …
China smartphone shipments enjoy boosts from promotions and holidays in 4Q22, says DIGITIMES Research
Smartphone shipments to the China market amounted to over 70 million units in the fourth quarter of 2022, soaring more than 20% from a quarter ago thanks to vendors’ keen preparation for Singles’ Day …
Shenzhen aims to top 6% GDP growth this year
High-quality economic development and consolidating cooperation with the Hong Kong Special Administrative Region (HKSAR) are key to Shenzhen’s 6% gross domestic product (GDP) growth target this year.
Elderly in China protest over slashed health benefits
Social media footage shows the protesters to be largely elderly retirees, who say this comes at a time of soaring healthcare costs. Although such health insurance matters are handled at a provincial …
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