The housing boom was a wild ride for Chinese property developers, but the hangover will be long—and perhaps has yet to reach its most painful point.
Monthly Archives For August 2023
China’s banking wealth management market expands in H1
China’s banking wealth management market grew steadily in the first half of the year, according to the China Banking Wealth Management Registration and Depository Center. At the end of June, the number of investors holding…
Analysis-US institutional investors could face restrictions on Chinese stock ownership
FILE PHOTO: A man walks past a billboard with signs of Tencent-backed Chinese online insurance technology firm Waterdrop Inc ahead of the company’s U.S. initial public offering (IPO) on New York Stock …
Chengdu Universiade | Xinhua Headlines: From Beijing to Shenzhen to Chengdu, Universiade shows a changing China
In 2001, when Zhao Jing applied to be a volunteer for the World University Games in Beijing, she did not realize that her life would revolve around the Universiade ever since. After college graduation …
China rolls out measures to boost economic recovery, confidence
Despite challenges at home and abroad, China’s economic recovery continues apace, and the country is extending support measures to boost confidence, ensure sustained recovery and promote high-quality …
US COVID-19 hospitalizations increased in July
Pedestrians walk past a COVID-19 testing site on Times Square in New York, the United States, May 17, 2022. [Photo/Xinhua] COVID-19 hospitalizations and emergency room visits have risen slightly in the United States this summer,…
More than a million displaced as China’s Hebei region reels after record rains
More than a million people have been relocated from their homes in China’s Hebei province following a deadly storm earlier this week, according to state media, as officials warned it could take a month for…
Market Rallies On Government Policy, How Apple Is More China Exposed Than US Investors, Week In Review
The joint press conference from the National Development and Reform Commission (NDRC), Ministry of Finance (MoF), People’s Bank of China (PBOC), and State Taxation Administration reiterated a host of …
Bipartisan lawmakers call for ‘aggressive’ approach with China to fight fentanyl
A group of bipartisan lawmakers are calling on Secretary of State Antony Blinken to take “aggressive diplomatic action” with China to fight the influx of fentanyl. In a letter sent Wednesday, Rep. Susie Lee (D-Nev.
Financial expert warns China’s social credit system ‘already landed in America’, and it’s coming for your freedom
Former investment banker Carol Roth warns America is ‘just a fraction of a millimeter away’ from a Chinese social credit system …
US lawmakers back closer coordination with Pacific islands to counter China
A bipartisan group of U.S. senators has proposed legislation to support establishment of national security councils in strategic Pacific island states that are home to key U.S. military installations and at risk of espionage and…
China Mobile, China Unicom Use Drones to Restore Telecoms in Country’s Typhoon-Hit North
(Yicai) Aug. 4 — Major Chinese telecoms carriers China Mobile and China Unicom have sent drones, aerial base stations, and other technologies to the country’s northern regions affected by typhoon …
China Tower ends H1 with 2.06 million telecom towers
China Tower was formed in 2014, when China Mobile, China Unicom and China Telecom transferred their telecom towers to the new company …
