China’s manufacturing activity unexpectedly shrank in April, official data showed on Sunday, exacerbating the challenge for an economy in the midst of a patchy post-COVID recovery with slack global …
Monthly Archives For April 2023
China non-manufacturing activity expands more slowly in April – official PMI
China’s non-manufacturing activity expanded at a slower pace in April, official data showed on Sunday, a discouraging sign for policymakers counting on services consumption to offset frailty in the …
US condemns China’s ‘harassment’ of Philippines in South Pacific
Following aggressive maneuvers by China in the South China Sea, the U.S. said it “stands’ with the Philippines in upholding a “rules-based” maritime order.
Beijing’s popular doctor appointment platform Jingyitong goes dark despite finding favour with patients amid pandemic
Jingyitong was convenient for Beijing residents during pandemic but its public-service function struggled to secure revenue.
China’s largest auction houses plan to take on western rivals
Poly’s efforts to sell more western works on the Chinese market, however, come as Christie’s, Sotheby’s and Phillips, the world’s three major auction houses, have all announced plans to move into newer and larger Hong…
Cutting ties with China is ‘unthinkable’, Mercedes-Benz CEO tells BamS
Cutting economic ties with China is unrealistic, the chief executive of luxury carmaker Mercedes-Benz told tabloid newspaper Bild am Sonntag, and said attempting to do so would put most of Germany’s …
China could hack into US satellites, Biden security programs: Docs leak
House Intelligence Committee member Rep. Brian Fitzpatrick, R-Penn., tells Arthel Neville on ‘Fox News Live’ that ‘there is nothing’ the Chinese Communist Party will not do to ‘get a leg up’ on the …
China targeting US satellite program in quest for military supremacy
As they gear up for what could very likely be an attack on Taiwan, China has set its sights on the US’s vulnerable satellite programs …
US Demands Beijing Stop ‘Provocative And Unsafe’ Acts In South China Sea
The US called on China Saturday to stop its “provocative and unsafe conduct” in the disputed South China Sea, after a Chinese coast guard ship recently cut off a Philippine patrol vessel there, …
Temple visits up in China as unemployed college graduates pray to find jobs
Jobless university graduates in China are seeking solace in temples as they struggle to find employment in an economy still recovering from the coronavirus pandemic.
US-China relations will ultimately be decided by hard economics
The US economy seems to be heading towards recession, while China’s economy appears to be recovering quite well Washington’s recently altered tone in official exchanges with Beijing may reflect this …
China’s Oil Strategy Mixes Diplomacy and a Domestic Drilling Push
Chinese oil companies are increasing their drilling at home and signing big deals overseas as part of a push for energy security.
Tech war: China’s chip trade group warns of ‘resolute countermeasures’ over Japan’s semiconductor export controls
The China Semiconductor Industry Association has called on Tokyo not to ‘abuse export control measures’ that would damage bilateral cooperation Japan is slated to require local companies, such as …