A worker is seen at a smart workshop of a private enterprise in Zhangzhou, southeast China’s Fujian Province, June 18, 2023. Local government of Zhangzhou has made efforts to create a favorable business environment,
Monthly Archives For June 2023
FACTBOX-How Alibaba’s six new business units stack up
Alibaba Group Holding said on Tuesday that Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will succeed Daniel Zhang as chief executive officer, in the company’s biggest executive reshuffle since its restructuring.
Shenzhen’s New Energy Sector Ranks First in China, Hurun New Energy Cities List Shows
Shenzhen ranked first among Chinese cities in terms of new energy, according to the second edition of the Hurun China New Energy Cities. Shanghai ranked second, followed by Suzhou, Beijing, and …
Hainan Airlines relaunches direct flight from Shenzhen to Auckland
China Hainan Airlines has relaunched its regular flight operation between New Zealand Auckland and China Shenzhen Currently Ha …
Anxious neighbours sigh in relief as US and China talk
A recent survey by the Eurasia Group Foundation suggests that more than 90% of the respondents in South Korea, the Philippines and Singapore are “worried” about a confrontation between the two superpowers. Almost half of…
Chinese tech giant Alibaba names next CEO
Chinese tech giant Alibaba said Tuesday it will replace its top boss in a surprise move at the e-commerce titan as it looks to recover from years of slow growth caused weak consumer spending and…
China’s crude imports from Russia surge to record in May
China’s oil imports from Russia jumped to a record high in May, government data showed on Tuesday, as private refiners continue to snap up sanctioned ESPO and Urals shipments at discounts.
Biden Praises Blinken’s China Efforts After He Told Xi Jinping US Does Not Support Taiwan Independence: Did ‘Hell Of A Job’
Trending: Legal Loophole Favors Trump In Mar-A-Lago Documents Case Must Read: Bitcoin, Ethereum, Dogecoin Rise On BlackRock ETF Optimism: Analyst Says, All King Crypto Needs Is ‘Single Spark’ And It’d …
Beijing Plans a New Training Facility in Cuba, Raising Prospect of Chinese Troops on America’s Doorstep
Discussions for the facility are sparking alarm in Washington that Chinese troops could be stationed just 100 miles off Florida’s coast.
China cuts lending benchmarks to revive slowing demand
China cut its key lending benchmarks on Tuesday, the first such reductions in 10 months as authorities seek to shore up a slowing economic recovery, although concerns about the property market meant the easing was…
Asia Shares Fall on China’s Modest Rate Cut
Stocks in Asia fell on Tuesday as investors worried China’s latest rate cut was not enough to boost confidence in the weakening economy and awaited a wider stimulus package by Beijing. China, in a highly…
Hong Kong, Shanghai Lead Asia Losses As China Rate Cut Falls Flat
Stocks in Hong Kong and Shanghai led losses across most of Asia on Tuesday as a smaller-than-forecast interest rate cut by China’s central bank added to worries about the lack of action to kickstart the…
Allies balk at US efforts to elbow China out in hi-tech field
Speaking at the Global Tech Day event organized by news website Politico in London on Thursday, officials from the European Union, Malaysia and Singapore voiced skepticism about the US’ efforts to elbow China out of…
