With her newly founded clothing company struggling amid China’s economic downturn, 31-year-old Zhang Jiayi decided to join the trend of young Chinese adults becoming “full-time children”.
Monthly Archives For August 2023
No Support for Viral Claim That COVID-19 ‘Lockdowns’ Are Returning This Fall
The U.S. is seeing an uptick in COVID-19 cases, so it may be prudent for people to wear masks when out in public and take a few extra precautions. But […] …
Western companies warn of hit from China’s sluggish rebound
Netherlands-based insurance group Aegon said it had higher outflows in its asset management joint venture in China, citing what the chief executive called a “quite wobbly economy”. But its life insurance sales in the country…
China halves stamp duty on securities transactions to increase investor confidence
China will witness a 50% reduction in stamp duty on stock transactions, marking the first such decrease since the 2008 global financial crisis. This decision is part of the government’s recent efforts …
Commerce Secretary Gina Raimondo visits China in bid to promote ‘healthy competition’
Commerce Secretary Gina Raimondo is the latest member of President Joe Biden’s Cabinet to visit China as his administration tries to mend the deteriorating ties between the world’s two largest …
Beijing’s ‘South China Sea Behavior’ Must Be Challenged, US Navy Says
China’s “aggressive behavior” in the South China Sea, including the use of a water canon by its coast guard against a Philippine vessel, must be challenged and checked, the commander of the U.S.
China halves stamp duty on securities transactions, lowers margin requirement for buying stocks to boost investor confidence
China’s stamp duty on stock transactions will be cut in half … stimulus measures in response to the country’s uneven economic recovery. The Ministry of Finance and the State Taxation Administration …
China halves stamp duty on stock trades to boost flagging market
BEIJING/SHANGHAI, Aug 27 (Reuters) – China halved the stamp duty on stock trading effective Monday in the latest attempt to boost the struggling market as a recovery sputters in the world’s …
China’s telecom sector logs sound performance in Jan.-July
China’s three telecom giants — China Telecom, China Mobile and China Unicom — saw their revenue for emerging businesses, such as internet data centers, big data, cloud computing and the Internet of …
China may be to blames for UFO’s: Nasa chief says unidentified flying objects are real and may be ‘unfriendly’ advanced technology
Nasa experts have warned that UFOs may be advanced technology from China But some also believe they could genuinely be evidence for life on other planets UFOs may be ‘unfriendly’ advanced technology, …
China’s southern tech hub Shenzhen launches direct flight to Barcelona
SHENZHEN, Aug. 27 (Xinhua) — China’s Shenzhen Airlines on Sunday launched a direct flight route linking south China’s tech hub Shenzhen in Guangdong Province with Barcelona, Spain. The first flight …
US commerce secretary visits Beijing to boost business ties
Raimondo’s trip part of efforts to stabilise relations even as Washington tightens restrictions on Chinese tech …
Detained Australian writer fears he may die of kidney condition in China jail
Yang Hengjun has told supporters he is in pain from a cyst on his kidney that remains untreated …
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