China has been hit by devastating floods in recent weeks, inundating cities and causing deaths and infrastructural damage, as well as raising questions about the effectiveness of its 2015 “sponge city” initiative aimed at reducing…
Monthly Archives For August 2023
China’s Economy Isn’t Ailing—It’s ‘Evolving’: IPO Lawyers Told to Watch Their Language
Authorities’ recent guidance has sown confusion over what Chinese companies should say.
China’s attendance at Saudi peace talks is ‘bad news’ for Putin — but Xi Jinping is still ‘well served’ by his friendship with Russia, expert says
China’s leader is trying to style himself as a responsible, international stakeholder. But Xi Jinping’s heart “isn’t really in it,” an expert said.
China’s real estate market roiled by default fears again, as Country Garden spooks investors
Two years after Evergrande’s debt troubles, worries about China’s real estate sector are coming to the forefront again.
Flexible tickets introduced on Shenzhen-HK trains
A flexible cross-border travel program, jointly launched by China Railway Guangzhou Group and its counterpart in Hong Kong, will soon take effect, aiming to further boost connectivity between the …
EG.5 coronavirus strain a ‘variant of interest’— WHO
REUTERS/Denis Balibouse/File Photo The World Health Organization on Wednesday classified the EG.5 coronavirus strain circulating in the United States and China as a “variant of interest” but said it …
Beijing Battles Deflation Amid Skyrocketing Debt Crisis
Welcome back to World Brief, where we’re looking at deflation fears in China, Germany ’s efforts to lead semiconductor manufacturing in Europe, and a troop deployment along the Polish-Belarusian border.
Shame Beijing Into Nuclear-Arms Talks
Quiet diplomacy isn’t working. It’s time to convene the court of global opinion.
She lost more money than anyone on Bloomberg’s billionaires list since Covid. China’s property crisis is to blame
Yang Huiyan, the chair of real-estate giant Country Garden and one of China’s richest women, has lost more wealth than any billionaire in the world in the past two years, Bloomberg reported Wednesday,
Biden Orders Ban on U.S. Investments in China’s Sensitive High-Tech Industries
The new limits, aimed at preventing American help to Beijing as it modernizes its military, escalates a conflict pitting the world’s two largest economies against each other.
China is edging toward deflation. Here’s what that means.
Deflation typically is linked to economic downturns, such as during the Great Depression in the U.S. during the 1930s.
Former Georgia resident wanted for alleged misuse of $30M donated for Christian ministry in China
A former Georgia resident, Jason Gerald Shenk, is being sought on charges related to the misuse of over $30 million in donations intended for Christian ministry activities in China.
US effort to replace China-made cellular modules over ‘security concern’ may backfire: analysts
Chinese industry analysts said that the latest US attempts to bar China-made modules from use in the US telecommunication network due to a so-called national security threat are groundless and will …
