China will “severely crack down” on illegal activities related to the use of assisted reproductive technologies such as the buying or selling of sperm or eggs and surrogacy, in a six-month campaign to assuage widespread…
Monthly Archives For July 2023
Taiwan plans massive safety drill to practise for possible China attack
Exercise to take place in districts that are home to 3mn people as Taipei strengthens civil defence preparations
Bank of China Launches SIM Card Hardware Wallet for E-Yuan With China Unicom, China Telecom
Bank of China has joined hands with Chinese telecom operators China Unicom and China Telecom to release a subscriber identity module card hardware wallet on the digital Chinese yuan app. With the new …
Even Amid China’s Weak Recovery, Online Gaming Mogul William Ding Racks Up $12 Billion Gain
The 51-year-old founder of NetEase, China’s largest game company after Tencent, now boasts a net worth of $31 billion.
China’s June new bank loans jump to 3.05 trln yuan, beat forecasts
BEIJING, July 11 (Reuters … Broad M2 money supply rose 11.3% in June from a year earlier, according to central bank data on Tuesday, above the poll’s estimates of 11.2%. M2 expanded by 11.6% in…
Conflict with Beijing cost Chinese tech giants billions Bloomberg
Ant Group and Alibaba collectively lost more than 850 billion over the past three years the news outlet reports Chinese tech giants Ant …
After 14 Years On Top, China Now Ranks Third For U.S. Imports
The one-two punch has been punishing Trump Administration tariffs and a global pandemic that led to supply-chain issues. President Biden has kept those tariffs in place.
China’s auto sales rise 8.8% in first half of 2023, but growth is fading as economy cools
An industry group says China’s auto sales rose 8.8% over a year earlier in the first half of 2023 as electric vehicle purchases surged.
Hunter Biden Probe Unravels Over Missing Informant Gal Luft’s China Ties
Luft, who accused the Biden family of corruption, has been indicted on charges of acting as an unregistered foreign agent.
Shenzhen Prime Office Rents Drop to 10-Year Low on Supply Glut, Cushman Says
The cost of renting Grade A office space in Shenzhen fell in the first half of the year to the lowest since 2013 as supply outstripped strong demand, according to a new report by US…
China and Taiwan loom large behind Ukraine at NATO summit
The presence of four Asia-Pacific leaders at the NATO summit this week suggests that Ukraine is not the only major security issue on the agenda of the European-North American defense alliance.
Apple launches online store on China’s giant WeChat messaging app
WeChat is China’s biggest messaging platform with over 1.2 billion users and opens another retail channel for Apple to sell its products.
Asian Markets Rise As China Pledges Fresh Property Support
Asian markets rose Tuesday, with Hong Kong and Shanghai lifted by China moves to support its struggling property sector and authorities’ pledged further help for the economy.
