From the days of celestial emperors to a booming state capitalism, Beijing’s skyline was reshaped completely. But the people still love pigeons. Everyday the flocks circle above. Following three pigeon breeders in one of the…
Monthly Archives For May 2023
The meaty mystery at the heart of China’s economic growth
Another article, by Wang Mingyuan, a think-tank researcher, suggests that the barbecue hype is a sign of the end of a decades-long economic cycle. The small cities where most of China’s population dwell have run…
China the Target of New G-7 Push Against ‘Economic Coercion’
Group of Seven nations aim to send a signal to China this month by announcing a joint effort to counter “economic coercion,” even as they struggle to agree on more than a broad statement of…
GLOBAL MARKETS-Asian stocks waver on China deflation worries, mixed Japan earnings
In Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.1%, reversing gains in the morning session, as fresh worries about weak demand in China weighed on sentiment. China’s consumer prices rose at…
Asia markets mixed as investors digest U.S. consumer prices; China’s inflation eases
Asia-Pacific markets are set for a cautious open after Wall Street saw a tech rally as U.S. consumer price index rose less than expected for April. The consumer price index showed a reading of 4.9%…
Slump in China bank loans, prices raise more worries about recovery, adds pressure on c.bank
New Chinese bank loans tumbled far more sharply than expected in April, adding to worries that the economy’s post-pandemic recovery is losing steam and putting pressure on the central bank to ease …
China launches national blockchain center to train half a million specialists
The institution will reportedly train more than 500,000 specialists in distributed ledger technology. On May 10, the National Blockchain Technology Innovation Center, first announced in February, has …
Analysis: China’s deposit pile stands in the way of recovery
China’s increasingly urgent efforts to tip its mountain of savings into the economy are running up against depositors shy of all but the safest investments, in the latest sign that weak confidence is …
Tibet Airlines Airbus A319 Returns To Shenzhen With Smoke Reported In The Cabin
On May 6th, a video on the internet showed a Tibet Airlines passenger flight forced to return to its departure airport due to an unknown thick smoke in the cabin. The passenger who took the…
How soon and at what height will China’s economy peak?
But others believe China’s economic clout relative to that of its rivals is nearing a peak. Hal Brands and Michael Beckley, two American political scientists, argue that China’s rise is already coming to a halt.…
NATO Pivots to Asia as China Threat Grows
Talks are underway for NATO to open a liaison office in Tokyo, the military alliance’s first in Asia, Japan’s foreign minister Yoshimasa Hayashi said.
China Unicom Chongqing and Huawei Complete the World’s First Trial Commercial Use of “Alps-WDM+OSU”
China Unicom Chongqing announced the successful completion of the world’s first trial commercial use of “Alps-WDM+OSU”. China Unicom Chongqing and Huawei …
China April new bank loans tumble to 718.8 billion yuan, far below forecasts
Chinese banks extended 718.8 billion yuan (US$103.99 billion) in new yuan loans in April, tumbling from March and sharply missing analysts’ estimates.Analysts polled by Reuters had forecast new yuan …
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