China firmly opposes forced technology transfers and there is no such thing as helping its businesses replace the US companies by forcibly acquiring technology, said the Ministry of Commerce on Thursday.
Monthly Archives For August 2023
China’s non-financial ODI up 18.1% in January-July
BEIJING – China’s non-financial outbound direct investment (ODI) increased 18.1 percent year-on-year to 500.94 billion yuan in the first seven months of the year, official data showed Thursday. In US …
Why is China not rushing to fix its ailing economy?
With China at risk of tipping into prolonged stagnation and a spiralling property crisis threatening financial stability, there is growing unease over why its leaders are not rushing to revive the …
China’s internet regulator tries to ease concerns of foreign firms on new data rules – report
The Cyberspace Administration of China is reaching out to foreign companies to discuss ways to navigate the country’s new data-security laws, in an effort to dispel fears of multinationals about their …
Analysis: Why is China not rushing to fix its ailing economy?
With China at risk of tipping into prolonged stagnation and a spiralling property crisis threatening financial stability, there is growing unease over why its leaders are not rushing to revive the …
China tries to defuse fears after real estate developer’s debt struggle
China’s government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, …
Why are China’s young people so disillusioned?
Worst of all for some, China’s economy is stagnating). The unemployment rate for those aged 16 to 24 in cities is over 21%—a number so disheartening that earlier this month the government stopped …
Foreign tourism in China still far from pre-pandemic levels
The city of Shanghai, one of the main destinations for foreign tourism in China, received some 756,000 foreign tourists in the first half of the year, 22 percent of those in 2019, despite the …
Beijing tries to defuse economic fears after real estate developer Country Garden’s debt crisis
The Country Garden episode has echoes of Evergrande Group, which is trying to restructure more than $340 billion owed to banks and bondholders. BEIJING: China’s government is trying to reassure …
Analysis: China’s crackdowns rewrite investors’ private sector playbook
Buy the state, sell the capitalist – that’s how global investors are trying to play China’s latest anti-graft crackdowns as they see private enterprise increasingly sidelined in Beijing’s quest for …
Why So Few Foreign Tourists Are Visiting China Despite Lifted Pandemic Restrictions
A sense of distrust and caution developed over the pandemic as relations between China and other countries soured.
Explainer-Country Garden: How bad is China’s property crisis?
The debt crisis at Country Garden, China’s largest property developer before this year and once considered a financially sound company, has triggered fresh contagion fears just two years after China …
China to set up solar, wind recycling system as waste volumes surge
China, the world’s biggest renewable equipment manufacturer, will set up a recycling system for ageing wind turbines and solar panels as it tries to tackle the growing volumes of waste generated by …
