State media says university-leavers should put their professional ambitions on hold and consider lower-skilled roles.
Monthly Archives For April 2023
Beijing summons South Korean envoy over ‘totally unacceptable’ Taiwan comments by President Yoon
President Yoon Suk-yeol’s comments equating Taiwan to the South and North Korea issue has sparked a war of words with Beijing The two issues ‘are completely different in nature’, Vice Foreign Minister …
Across China: China’s “porcelain capital” facilitates exports for smaller merchants
A batch of exquisite craft ceramics from small ceramics businesses in Jingdezhen, a world-famous “porcelain capital” in east China’s Jiangxi Province, left the city on Wednesday, heading for Dubai.
Luxury brands Coach, Gucci reap windfall in China from pandemic investments in digital sales and marketing
Creation of WeChat mini-programs, flagship stores on e-commerce platforms and presence on social-media networks like Douyin are paying off, analysts say Digitalisation has accelerated after the …
ING sues China’s biggest bank over copper trading losses
China’s largest bank is being sued by Dutch lender ING for losses suffered in a batch of copper deals in a case that highlights the risks of servicing the scandal-plagued world of commodity trading. Amsterdam-based…
FS: Beijing wants to give more support to HK
Financial Secretary Paul Chan said on Sunday that central government officials want to give Hong Kong more support to help the SAR better unleash …
Shifting production from China is impossible, says shipping boss
Companies are expanding production outside of China to reduce the risk from rising geopolitical tensions, but the country’s dominance in world trade makes cutting it out of global supply chains …
Signs of hope for China property market, but boom is over: analysts
Pummelled by a housing crisis that caused a record-breaking slump last year, some Chinese property developers are starting to see light at the end of the tunnel, but analysts warn the sector is still …
UPDATE 1-China’s Changxin Memory mulls local IPO at $14.5 bln valuation-Bloomberg News
China’s Changxin Memory Technologies Inc (CXMT) plans to file for a domestic initial public offering that could value the memory chip maker at more than $14.5 billion, Bloomberg News reported on …
China lodges complaint over South Korean president’s ‘erroneous’ Taiwan remarks
China’s Vice Foreign Minister Sun Weidong has lodged solemn representations with the South Korean ambassador over “erroneous” remarks by the South Korean president about Taiwan, China’s foreign …
China dismisses deflation concerns, expects further demand recovery
Despite slower price growth in China since the start of this year, concerns over deflations in the country are unnecessary as its economy is on a solid recovery track amid pro-growth policies, …
39 injured in Beijing hospital fire under hospital care
This photo taken on April 18, 2023 shows Beijing Changfeng Hospital where a fire broke out in Fengtai District of Beijing, capital of China. [Photo/Xinhua] As of 2 p.m. Friday, 39 people remained in …
International film festival opens in Beijing
Director Zhang Yimou will serve as the jury president for the 13th Tiantan Award of this year’s Beijing International Film Festival. [Photo provided to China Daily] The 13th Beijing International Film …