China’s economy is struggling, but one line of business is booming: selling insurance in Hong Kong to travelers from mainland China. In recent months, mainland tourists have packed the offices of Hong …
Monthly Archives For September 2023
When a Congressman Challenged Disney on China, It Laid Off Beijing Staff
Disney’s China layoffs led to technical malfunctions and delayed efforts to troubleshoot.
US Firm AXT Says China Unit Has Initial Export Permits for Key Chipmaking Metals
BEIJING (Reuters) – U.S. semiconductor wafer maker AXT Inc said its Chinese subsidiary Beijing Tongmei had received initial export permits for shipping gallium arsenide and germanium substrates – …
Construction machinery exhibition held in Beijing
Visitors learn about the tunnel boring machine at the booth of China Railway Construction Heavy Industry Corporation Limited at the 16th China Beijing International Construction Machinery, Building Material Machines and Mining Machines Exhibition & Seminar…
Do China’s vanishing officials spell trouble for Xi?
In recent months, the disappearances of several high-ranking Chinese officials have sparked intense speculation over whether Mr Xi is embarking on a purge, particularly of those linked to the military …
Vivek Ramaswamy rolls out trade policy to separate US from China
Republican presidential candidate Vivek Ramaswamy laid out his trade platform at a Thursday speech in Ohio, touting it as a declaration of economic independence from China that will revive …
Shenzhen to help Saudi Arabia diversify economy
High-tech hub Shenzhen is set to play a key role in the future of Saudi Arabia as the Gulf nation seeks to reduce its dependence on oil and transition into a more sustainable economy. Shenzhen…
Hong Kong investigates popular crypto firm for fraud
About 2,000 investors lost money on the JPEX platform which was advertised on Hong Kong’s metro.
Beijing leads Chinese cities in extending rail transit lines
China’s capital city of Beijing has vigorously promoted the development of green transportation, extending the total mileage of rail transit lines to 1,172 km, giving the city first-place ranking in …
Do China’s recent military purges spell trouble for Xi Jinping?
In recent months, the disappearances of several high-ranking Chinese officials have sparked intense speculation over whether Mr Xi is embarking on a purge, particularly of those linked to the military …
China Is in Trouble, but It’s Not as Bad as Some Think
Investors ready to write off China underestimate the resources of policy makers and the power of an $18 trillion economy that is home to 1.4 billion people.
China Vice President Says Country Committed to Opening Itself Wider to the World
BEIJING (Reuters) – China’s Vice President Han Zheng said the country is committed to opening itself wider to the world and will always be a member of the big family of developing countries, Chinese …
China’s AI ‘war of a hundred models’ heads for a shakeout
China’s craze over generative artificial intelligence has triggered a flurry of product announcements from startups and tech giants on an almost daily basis, but investors are warning a shake out is …