Wanda’s liquidity woes dwarf every other indebted builder in the world. If a proposed share sale fails to go public by the year-end, Wanda, China’s biggest shopping mall operator, will have to repay …
Monthly Archives For June 2023
China’s software industry expands in first 4 months
China’s software and information technology service industry reported double-digit growth in revenue and profits in the first four months of the year, data from the Ministry of Industry and …
Market value of China’s listed internet companies rise in Q1
By the end of March, the total market value of China’s listed internet companies was 11.1 trillion yuan ($1.56 trillion), up 7.8 percent from the end of 2022, said the CAICT, a research institute …
Mandelson on Beijing Efforts to Attract Foreign Businesses
China has asked former British trade secretary Peter Mandelson to help convince foreign businesses to return or expand to Beijing. That’s after a spate of regulatory crackdowns and rising geopolitical …
Scores detained in Hong Kong as Beijing cracks down on Tiananmen massacre anniversary
Restrictions in Hong Kong have stifled what were once the largest vigils marking the anniversary of the bloody crackdown by Chinese troops on pro-democracy demonstrators.
China tightens access to Tiananmen Square in Beijing
BEIJING >> China tightened access to Tiananmen Square in central Beijing on Sunday, the anniversary of the military suppression of 1989 pro-democracy protests that left a still unknown number of people dead and discussions and…
Beijing hotel hosts Davmoon celebration
At the same time, a Davmoon themed art exhibition is also being held on the hotel’s third-floor art gallery that features Yuan’s Davmoon series artworks and design manuscripts. Yuan said that he hoped that Davmoon…
Chinese warship passed in ‘unsafe manner’ near destroyer in Taiwan Strait, US says
A Chinese warship came within 150 yards of the vessel as Beijing blamed the United States for “deliberately provoking risk” in the region. The maritime encounter was the latest close call between the their military…
Is China heading for Japan-like stagnation? Economist says the worst is likely behind us
China’s economic recovery from the pandemic is set to broaden, meaning the country isn’t yet headed toward Japan-style stagnation, Macquarie’s Larry Hu said.
China’s defense minister says war with US would be ‘unbearable disaster’
Chinese defense minister Li Shangfu, speaking at the Shangri-La Dialogue in Singapore, said a war between China and the U.S. would be an “unbearable disaster.” …
Top Biden administration officials trying to ease tensions with China
Top Biden administration officials are in Beijing, trying to ease tensions between the United States and China. Skyler Henry reports for CBS2.
China Asks Ex-British Minister to Attract Foreign Business: Q&A
China asked former British trade secretary Peter Mandelson to urge foreign business to return or expand to the world’s second largest economy, as it battles a disappointing post-pandemic recovery.Most …
China is still a developing country
The United States House of Representatives recently approved “the PRC Is Not A Developing Country Act”. The unanimous decision requires the US Department of State to change China’s status as a …
