The prime decision-making body of China’s Communist Party on Monday acknowledged a challenging macro environment and pledged to ‘strengthen countercyclical support’But while recognising a shift in relation to property and local government debt,
Monthly Archives For July 2023
China’s graduates unconvinced by calls to toil in countryside
Amid record youth unemployment, the government wants young people to ‘go to the farmland’ – but the prospect is unappealing for many
China’s Small Loans Sector Shrinks Further in First Half
As of the end of the second quarter, 5,688 small lenders had extended CNY827 billion (USD116 billion) of loans, down 113 and CNY45.2 billion from the end of the first quarter, the data also showed.…
Singer detained for dropping shorts on stage at festival in China’s ‘City of Rock’
A singer who pulled down his pants during a performance at a rock festival in northern China has been detained by authorities, the latest incident highlighting the fine line artists must tread in a country…
China Remains World’s Top Meat Importer
Pork, the most consumed meat in China, generally dictates the nation’s meat supply and demand trends. The African swine fever epidemic in 2019 substantially lowered China’s pork supply, which boosted …
China approves 60 more G-B orchards for cherry import
BEIJING: General Administration of Customs of China (GACC) has approved sixty more orchards from Gilgit-Baltistan (G-B) to export cherry to China, said Commercial Counsellor Ghulam Qadir at the …
Why China’s new central bank chief will defy the easy tags
CHINA’S new monetary boss, Pan Gongsheng, barely has his feet under the desk and he is likened to a hawk. In time, that label may prove wide of the mark. Beijing needs to juice the…
China’s Central Bank Chief is Task Master Xi Couldn’t Let Retire
By his early twenties, Pan Gongsheng’s ambition had already propelled him from a farming village in eastern China to a prestigious Beijing graduate school, where he translated books from English — …
Biden considering executive order to limit sales of artificial intelligence and semiconductors to China
President Joe Biden is reportedly planning to sign an executive order limiting United States investments in key technologies in China, a further escalation in the antagonism between the two countries …
China Is About to “Flood the Zone” with Cash – Here’s How to Profit
The growing consensus is that China is about to engage in – you guessed it – more easing. It plans to cut interest rates and increase the issuance of infrastructure bonds with an eye toward…
Held for 1,400 days in China for taking photos
The flight out of China marked the end of a harrowing ordeal for the Taiwanese businessman who had been held in the country for more than 1,400 days. “I felt a huge relief after going…
Lee Meng-chu: Taiwan businessman accused of spying in China is freed
In April, Taiwan-based publisher Fucha, who often printed books critical of Beijing, was held for an investigation for endangering national security. Earlier that month, Taiwanese activist Yang Chih-yuan was charged with secession.
Eastern China on alert as Typhoon Doksuri makes landfall in Fujian
Super Typhoon Doksuri made landfall in southeast China on Friday morning, leaving dozens injured and millions in financial losses in its wake. Doksuri, the highest-level super typhoon this year, hit …
