Heavy rain around China’s capital, Beijing, has flooded houses, torn apart roads and left at least 20 people dead and 27 missing, state media reported Tuesday. (Aug. 1)
Monthly Archives For August 2023
Rescuers focus on flooded city south of Beijing after historic rains in north China
China on Wednesday doubled down on rescue efforts in Zhuozhou, a flooded city of over 600,000 residents southwest of Beijing, as the remnants of Typhoon Doksuri continued to wreak havoc on swathes of the city…
China’s central bank conducts 9-bln-yuan reverse repos
China’s central bank conducted 9 billion yuan (about 1.26 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.9 percent on Wednesday. The move is aimed at keeping liquidity …
WIPR Insights China Trademark Law Firm Rankings
WIPR Insights presents its inaugural rankings of the leading PRC and international firms trademark firms and lawyers. Trademarks can represent the most valuable asset of a company, and China is …
Big-scale fashion shows are back in China. How important are they for luxury brands?
The fashion show as a luxury spectacle remains a key marketing tool for impressing Chinese consumers, say analysts. Shenzhen is a favourite new location in the post-lockdown era.
Manufacturers in toy, gift capital bringing innovation to the world’s doorstep
Qiu’s company mirrors the toy and gift industrial development in Chenghai, which has become China’s toy and gift capital, strongly characterized by its large-scale, high industrial concentration, …
Maximum precipitation during recent rainfall in Beijing was a 140-yr high – Met service
The maximum precipitation recorded during the rainfall in the Chinese capital of Beijing between 8 p.m. (1200 GMT) Saturday and 7 a.m. Wednesday was a 140-year high, according to the Beijing Meteorological Service.
Thousands flee homes as deadly Typhoon Doksuri soaks Beijing and a second storm approaches China
Tens of thousands of people fled their homes in Beijing after Typhoon Doksuri, one of the strongest storms in years, dumped torrential rain across China and left at least four dead, as forecasters warned another…
China denies reports it obstructed G20 climate discussions
By David Stanway (Reuters) -Reports that China obstructed discussions on tackling climate change at Group of 20 (G20) meetings last week in India are “completely inconsistent with the facts”, China’s …
Crypto Is Illegal in China. Binance Does $90 Billion of Business There Anyway.
Retaining its Chinese footprint will be crucial for Binance as it navigates a global regulatory crackdown that executives worry threatens its future.
China signals fresh policy support to buoy property sector recovery
Photo/Xinhua] China’s property sector is expected to revive on incremental policy support as the government reiterates the sector’s important role in driving a broader economic recovery. Stabilizing the construction and property sectors,
China asks some banks to reduce or delay dollar buying
SHANGHAI/BEIJING: China’s currency regulators are asking some commercial banks to reduce or postpone their purchases of US dollars in order to slow the yuan’s depreciation, two people with direct …
Shenzhen striker Acheampong banned for four games
Shenzhen FC winger Frank Acheampong has been suspended for four matches after he physically assaulted a Henan player in a Chinese Super League game. In addition to the ban, the Ghanian international …
