In June, a measure of new export orders fell to 46.4, down 0.8 points from the previous month, according to the National Bureau of Statistics and the China Federation of Logistics & Purchasing. A …
Monthly Archives For June 2023
New Chinese Law Raises Risks for American Firms in China, U.S. Officials Say
U.S. counterintelligence officials say the revised Chinese law potentially turns normal business activities into espionage.
Pfizer, China Drugmaker Partner to Sell Local Brand of Paxlovid
Pfizer has struck a deal with Chinese drugmaker CSPC Pharmaceutical Group Ltd. to launch a local brand of Covid-19 antiviral Paxlovid, the latest in a string of partnerships the US giant has secured …
As China Reopens Borders, Trafficking of Women and Girls Resumes
Covid restrictions had mostly halted the smuggling of Vietnamese women for marriage to Chinese men.
China’s factory, service sectors stumble as economic malaise broadens
China’s factory activity declined for a third straight month in June and weakness in other sectors deepened, official surveys showed on Friday, adding pressure for authorities to do more to shore up growth as demand…
China’s manufacturing activity shrinks again, casting a shadow on recovery hopes
However, Chinese Premier Li Qiang said Tuesday his country was still on track to reach its annual growth target of around 5% — a modest target after China grew just 3% last year, one of…
China’s previous monetary stimulus ‘just isn’t working,’ a private survey shows
China Beige Book’s latest survey suggests rate cuts by the People’s Bank of China in August may have had limited effect in spurring growth.
China’s factory activity extends declines as demand weakens
China’s manufacturing activity contracted for a third straight month in June, albeit at a slower pace, an official factory survey showed on Friday, as pressure builds for policymakers to release more stimulus to shore up…
China’s Xi to attend, deliver speech at SCO summit via video link – foreign ministry
China’s President Xi Jinping will attend and deliver a speech at a summit of the Shanghai Cooperation Organisation (SCO) via video link on July 4, the Chinese foreign ministry said on Friday.
China’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy Fix
“A few years ago, it was difficult to imagine China not rapidly overtaking the US as the world’s biggest economy,” said Tom Orlik, chief economist for Bloomberg Economics. “Now, that geopolitical …
As Beijing swelters, activists hope the heat will prompt climate action
Despite record temperatures, some Chinese people are yet to connect the extreme heat to the climate crisis, something activists want to change …
The U.S. Government Is Weighing New Restrictions on the Sale of Chips to China. What Could Go Wrong?
Between supply chain crunches, inflation, and price confusion, small businesses may pay a price if China retaliates against the U.S.
China’s J-20 Fighter With Long-Awaited WS-15 Engines May Have Flown
A successful test flight of a J-20 stealth fighter with two WS-15 engines would be a major and long-awaited development on multiple levels.
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