China’s auto exports totaled 2.94 million units in the first eight months, up 61.9 percent year-on-year. Exports of passenger vehicles and commercial vehicles respectively climbed 69.8 percent and …
Monthly Archives For September 2023
China Business Knowledge White Paper Series: Space Tourism Isn’t Science Fiction Anymore
By Professor Lisa Wan, School of Hotel and Tourism Management, CUHK Business SchoolHONG KONG SAR – Media OutReach – 13 September 2023 – Since ancient times, humans have …
CIA whistleblower alleges ‘significant monetary incentives’ for officials to dismiss Covid-19 ‘lab leak’ theory
The CIA gave six of its own intelligence officers “significant monetary incentives” to jettison the possibility SARS-Cov2, the virus that causes Covid-19, leaked from a lab in Wuhan China, according …
Factbox-China, Airbus Among Potential Losers From Boosted US-Vietnam Ties
Washington has agreed to significantly boost support to Vietnam’s chip and artificial intelligence industry, announcing new investments from U.S. companies, including a $1.6 billion semiconductors …
China’s Local Governments Are So Cash-Strapped They Use Police to Raise Revenue
Local authorities are imposing larger fines and seizing assets to help boost their coffers. In some cases, police have gone after alleged offenders hundreds of miles away.
China’s growth is buried under great wall of debt
Where is Wen Jiabao when you need him? China’s former premier is remembered for his decision to unleash a huge state spending plan after the 2008 financial crisis. Today’s leaders wish they could …
Local govt supports trading business in Heilongjiang
Founded in 2019, the company has developed into a full-chain foreign trade business enterprise involved in e-commerce, logistics and Customs clearance in Jixi. The company has expanded its business to …
Finnish firm sanguine on China’s shipping biz
Eager to seize more market share in China, Wartsila announced last year that it will supply its hybrid propulsion system to four new heavy lift vessels being built at Anhui province-based Wuhu …
China to Impose Hefty Fines, Penalties for Illegal Education Tutors
HONG KONG (Reuters) – Unlicensed tutoring services in China could face penalties of up to 100,000 yuan ($13,715.54), the country’s Education Ministry said as it seeks to crack down on the lucrative …
Hunt for nearly 70 crocodiles that escaped during China floods
Extreme weather in the city of Maoming in Guangdong province caused lake to flood, allowing dozens of crocodiles to escape …
Report: Power demand to rise faster in China
Electricity demand will continue to experience robust growth in the coming three years in China, with total power consumption projected to reach between 9.8 trillion and 10.2 trillion kilowatt-hours …
China’s Rate Cut Ain’t Enough
Beijing has caused most of China’s present economic problems. Its efforts at renewal, including recent interest rate cuts, are too little and too late.
China dismisses anger at ‘huge Wuhan pool party’
China has shrugged off criticism of a densely packed pool party that took place in Wuhan last Thursday. Wuhan ends coronavirus lockdown – in pictures Coronavirus: satellite images suggest outbreak …
