In the face of emerging economic challenges, China has outlined a series of strategic initiatives aimed at invigorating its economic landscape. The series of measures, which target distinct sectors …
Monthly Archives For July 2023
Fraudsters dupe 15,000 people of ₹712 crore, launders money to China. This is how they operated
Hyderabad Police uncovers a fraud involving 15,000 people who were duped of over ₹700 crore in less than a year. The scamsters used technology to dupe victims by sending messages to invest small …
China wins two gold medals at the swimming worlds. Americans finish 1-2 in women’s 200-meter medley
China dominated the second day of the swimming world championships by winning back-to-back gold medals in the first 10 minutes of the session.
China politburo vows support for economy but gives few details
China’s leaders have vowed to spur consumer spending, tackle unemployment and give more support to the ailing property sector as the world’s second-largest economy makes a “tortuous” recovery from the …
China Property Giant’s Shares Plummet After JPMorgan Downgrade
Country Garden, China’s largest privately owned developer, has now lost around half of its market value this year. The pullback shows how hard it has been to call the bottom for China’s beleaguered …
Exclusive: Beijing pushes for toning down of China risks in IPO prospectuses-sources
Beijing has asked law firms to tone down the language used to describe China-related business risks in Chinese companies’ offshore listing documents, warning failure to do so could cost them …
Toyota’s China venture dismisses some factory workers as sales fall – workers
Toyota Motor Corp has dismissed some workers at one of its plants in China, three workers told Reuters, as the Japanese automaker struggles with a price war and sales slump in the world’s largest auto…
China property developers’ shares, bonds dive as sector worries deepen
Stocks and bonds in China’s real estate industry fell to around eight-month lows on Monday as repayment concerns at two of the country’s biggest developers deepened a crisis of confidence in the …
If the US is serious about countering China, why does it ignore Africa?
The Development Finance Corporation, Department of Commerce, and State Department should be in overdrive to get American business into Congo. If they try, they may find an open door while China is …
China allows 15-day visa-free entry for Singapore citizens to resume
The Chinese embassy said that the relaxation would allow Singaporeans to enter for business, tourism and family visits.
China urges Japan not to disrupt chip industry after technology curbs take effect
China’s government has appealed to Japan not to disrupt the semiconductor industry after Japanese curbs on exports of chip-making technology took effect, adding to technology restrictions Washington and its allies on security grounds have imposed…
China says it’s ‘deeply dissatisfied’ with Japan’s chip curbs
China said on Monday that it is “deeply dissatisfied” with Japan’s export controls on chip making tools that have come into effect, calling the measures “clearly directed” against the country.
Six bubble tea chains plan IPOs in bet on China consumer revival
They include Mixue Bingcheng, China’s biggest bubble tea chain, and Sichuan Chagee, whcih has stores in Singapore. Read more at straitstimes.com.
