Global drugmaker AstraZeneca will seek to be a patriotic company in China that “loves the Communist Party”, its China president said at an event on Friday.
Monthly Archives For May 2023
China says it will resume group tours for Taiwan residents to mainland
China will allow travel agencies to resume organising group tours for Taiwan residents to visit the mainland from Friday, said Ma Xiaoguang, a spokesperson at China’s Taiwan Affairs Office of the …
Too much debt? China’s foreign investments weigh heavy on borrowers.
It said that if it is to accede to International Monetary Fund and World Bank demands to forgive a portion of its loans, so do those multilateral lenders, which it views as U.S. proxies. China…
President Xi Jinping says he doesn’t want a hodgepodge ‘street stall economy’ in Beijing, even as China’s youth unemployment rates hit a record high
Big cities in China are trying to boost employment with street stalls as the country’s post-COVID economic rebound undershoots expectations.
China’s economy is growing again. So why are investors getting out?
Chinese shares were among the best-performing in the world over the previous six months as investors bet on the country’s economic recovery after the lifting of pandemic restrictions.
Alibaba to Exit Cloud Business After Beijing Undercuts Potential
Alibaba Group Holding Ltd.’s surprise move to fully spin out a potentially transformative $12 billion cloud business is stirring speculation about whether the Chinese e-commerce leader bowed to market …
The Chinese Dream is dead because China’s Gen Z is flat broke, and they have the receipts to prove it
Some Chinese Gen Zers are posting screenshots of their nearly empty bank accounts and saying it’s impossible to save money.
Beijing Fights to Be Treated as America’s Equal on the World Stage
This kind of tit-for-tat response is becoming increasingly commonplace as China’s power grows. In domains as diverse as international trade, human rights, maritime law, and military surveillance, …
CBIRC Directors from Across CN Rush to Meet at Beijing: Report
Business Herald quoted from a number of China Banking and Insurance Regulatory Commission (CBIRC) directors that they were rushing to Beijing from around the country in the morning to attend a meeting …
China’s Xi meets Central Asian leaders, calls for trade, energy development
Chinese leader Xi Jinping has promised to build more railway and other trade links with Central Asia and proposed jointly developing oil and gas sources at a meeting with the region’s leaders that hig
In the Middle East, the US Holds China at Risk
Today, China imports more oil than any other country in the world. Among China’s oil imports, about half comes from the Middle East. For some time, Saudi Arabia has been China’s largest source of oil…
These airlines are back in the black — they’re looking to China as the next bright spot
Three major airlines in Asia are back in the black, rebounding from their pandemic doldrums as global travel picks up.
China’s Xi unveils grand development plan with Central Asia allies
China’s President Xi Jinping on Friday unveiled an ambitious plan to help elevate Central Asia to the next level of its development – from building infrastructure networks to boosting trade – while shunning “external interference”…
