[Photo by Parker Zheng /China Daily] Shenzhen in Guangdong province, and Hong Kong Special Administrative Region jointly presented drone shows for the first time on Saturday when about 1,200 drones in …
Monthly Archives For September 2023
China says US is the true ’empire of lies’
The United States is the true “empire of lies”, the Chinese foreign ministry said on Saturday, lashing out at a U.S. State Department report that accused Beijing of ploughing billions of dollars annually into information…
Economic Watch: China fosters new-generation nuclear power reactors
At present, China boasts over 50 operational nuclear reactor units, and among them is the “Hualong One” generator set, installed in the eastern city of Fuqing. This domestically designed …
Beijing’s Increasingly Desperate Attempts to Squelch UN Criticism
The Chinese government appears increasingly anxious to silence critics of its appalling human rights record. At home, it arbitrarily detains or forcibly disappears them; abroad, it harasses them. At …
China Stock Investors Say Worst Yet to Come in Property Crisis
China’s property sector has yet to see the worst of the crisis that has cast a pall over the nation’s economy and helped drive an exodus of global funds from the world’s second-largest stock market.
Huawei’s 5G smartphone comeback, with advanced chip wrapped in secrecy, releases chokehold of US sanctions on China tech
When asked by the South China Morning Post in March about Huawei Technologies’ plans to release new 5G smartphones, deputy chairman Eric Xu Zhijun firmly dismissed such a notion to hundreds of journalists,
‘I cried for days’: Chinese home buyers left in the lurch by China’s real estate slump
Observers are watching if property sales would go up during this Golden Week – a popular period for home purchases. Read more at straitstimes.com.
China Officially Silent on Billionaire Evergrande Tycoon’s Arrest
Troubled Chinese property giant Evergrande suspended trading until further notice after its billionaire founder was placed under surveillance.
AI will help the US maintain its economic dominance over China, strategists say
The technology will make the rivalry between the world’s two largest economies even more charged, Capital Economics said.
China plans second megaconstellation, G60 Starlink with 12,000 satellites, to rival American SpaceX programme
The project is part of the G60 Science and Technology Innovation Corridor initiative proposed … The technical details and timeline of the project are not known. It is also unclear how China, while …
China’s indebted local governments splash out billions to save struggling small banks
Poor liquidity at China’s regional banks could trigger instability in the state-owned financial system, reduce the credit supply for the real economy, and potentially spill over to a wide range of …
China kicks off its plan to take on the cruise industry: ‘There’s no turning back’
Royal Caribbean’s Wonder of the Seas, once the world’s largest cruise ship, was originally scheduled for year-round sailing from China. Then COVID-19 shut down the cruise industry and China blocked …
Blinken Sends Swooning Statement To Beijing In Honor Of Chinese National Day
Secretary of State Antony Blinken sent a swooning statement to Beijing Friday in honor of Chinese National Day. “On behalf of the United States of America, I congratulate the people of the People’s …