French fashion house Dior gave a runway show at Shenzhen’s Sea World Culture and Arts Center to reveal its 2023-2024 Autumn-Winter ready-to-wear collection last week.
Monthly Archives For July 2023
China jobs: Gen Z graduates turn to cleaning as Beijing looks to domestic services to mop up unemployed youth, veterans
China has put job creation at the forefront of its economic plans and has encouraged the housekeeping industry to employ young people, after the youth unemployment rate hit a record high in June.
Defense Secretary makes historic visit to Papua New Guinea as US counters China’s influence in South Pacific
In a historic visit, Defense Secretary Lloyd Austin visits Papua New Guinea as U.S. tries to rein in China’s influence in the South Pacific
China’s consumer sentiment is down, but not when it comes to condoms
Consumer companies and economists have said sentiment in China is slower than expected, but that’s not stopping them from buying more condoms, Durex maker Reckitt said on Wednesday.
Global Watch | China is in deep economic trouble with an unsustainable economic model
A break-up of Chinese debt components shows that its local governments have almost one-third debt of China’s overall GDP. The financial affiliates of these local bodies carry a debt of around 40-50 …
Ant Group reportedly plans IPO, blockchain firm discloses offer price on Nasdaq, and more
A Japanese blockchain firm dealing with grid ledger systems has announced the price of its initial public offering on Nasdaq.
Biden administration to coordinate on semiconductor funding in effort to stave off threat from China
The Departments of Commerce and Defense will coordinate on the allocation of $53 billion in CHIPS funding as the U.S. faces a rising manufacturing threat from China.
China Probed Covid-19 Policy Leaks by Ex-Government Officials
National-security personnel questioned expert-consulting firms last year when information about China’s pandemic policies was moving markets.
China defers $2.1b debt payment to Pakistan for two years
China has approved the deferment of a loan of $2.1 billion to Pakistan for two years. China Exim Bank has approved extending Pakistan’s $2.1 billion loan for a time span of two years, according to…
Blinken criticises China’s ‘problematic behaviour’ during visit to Tonga
U.S. Secretary of State Antony Blinken warned of China’s “problematic behaviour” during a visit to the Pacific island nation of Tonga on Wednesday, citing Beijing’s militarisation of the South China Sea and what he called…
Pan Gongsheng: Who is the new boss of China’s central bank?
China has named Pan Gongsheng as the new governor of its central bank, the People’s Bank of China (PBOC). The 60-year-old’s appointment comes as the country continues to struggle with major economic challenges in the…
Beijing Taps Veteran Diplomat Wang To Replace Absent Qin
Wang Yi this week returns as China’s foreign minister, stepping into a job he held for almost a decade in the face of the month-long absence of deposed diplomat Qin Gang.
‘No information’: Beijing bats away questions on Qin Gang removal
China’s foreign ministry declined to comment on Wednesday on the abrupt sacking of senior diplomat Qin Gang, while scrubbing mentions of him from a government website.Any reference to the 57-year-old had been removed from the…
