As geopolitical tensions rise, fewer visitors are traveling to the world’s No. 2 economy, widening the East-West divide.
Monthly Archives For August 2023
Imports of laptops, tablets ‘restricted’ with immediate effect, says govt
Govt restricts import of laptops, tablets, PCs, servers with immediate effect. Exemptions for R&D, testing, repair, product dev. Restrictions to cut imports from China. Imports allowed against valid …
China’s economic slump means a glass of milk could soon cost a lot less
China plays a pivotal role in the global dairy market, with falling whole milk powder prices reflecting waning demand in the second-largest economy.
China to make it easier for citizens to settle in small and medium cities
China will relax restrictions for its citizens hoping to permanently settle in small and medium sized cities, state media reported on Thursday, but changes in the biggest cities such as the capital Beijing will be…
China’s Finance Ministry announces tax reductions for key groups to boost employment
China’s Ministry of Finance and three other departments on Wednesday announced tax reduction for key groups including college graduates and people who just walk out of poverty, in a bid to support …
Government imposes import restrictions on laptops, tablets | DETAILS
Import of laptops, tablets, all-in-one personal computers, and ultra-small form factor computers, servers… is ‘restricted’ with immediate effect, the government on Thursday said.
Defying China’s Crypto Ban: Binance Users Trade $90 Billion in Crypto, Raises Questions on Real Ban Status
World’s largest crypto exchange Binance is reportedly operating despite the ban as users traded $90 billion worth of cryptos in a month.
China-Pakistan Economy & Trade B2B Forum held in Shenzhen
SHENZHEN, Aug. 3 (Gwadar Pro)- On August 2, the 10th Anniversary Ceremony for CPEC and China-Pakistan Economy & Trade B2B Forum was held in Shenzhen, China.
China pushes far ahead of US in restricting social media for minors
China has moved far beyond the United States in restricting teenage access to mobile devices and the internet, implementing a major crackdown while the U.S. debates the trade-off between protecting minors and respecting free speech.
China Service Sector Growth Strengthens On New Business
China’s service sector expanded at a faster pace at the start of the third quarter, underpinned by the solid growth in new business, …
Flooded rivers, cities test China’s disaster response systems
From dangerous discharge by swollen rivers to residents trapped in waterlogged cities, China’s disaster-response systems are being put to the test, with record rainfall potentially taking weeks to recede following one of the strongest storms…
China Seen Cutting Banks’ Reserve Ratio in August to Add Cash
China’s central bank may cut the reserve-requirement ratio for major banks as soon as this month in an effort to boost lending and revive momentum for the economic recovery.
China offers subsidy funds for Beijing, Hebei to repair roads after rainstorms
BEIJING — China has allocated 30 million yuan (about $4.2 million) of emergency road repair subsidy to Beijing and Hebei Province following typhoon-triggered rainstorms. The special funds were issued by the Ministry of Finance and…
