The World Bank projected a 5.1 percent growth for the Chinese economy in 2023, according to its newly released East Asia and Pacific Economic Update. This was reported by The Xinhua News Agency. “China has…
Monthly Archives For October 2023
China Daily Ventures into NFTs, Eyes Global Collaboration with Top Platforms
China Daily has announced its foray into non-fungible tokens (NFTs) and metaverse. With a budget of approximately $390,000, the publication seeks a competent third-party contractor to bring its …
How China can use its strength in car exports to drive economic growth
China’s edge in EV production is based on many competitive advantages, but work is needed if it is to be turned into an engine of growth Realistically, its EV makers must look beyond the US…
EU and US Seek Steel Deal That May Include Tariffs on China Exports
The European Union is working on an interim deal with the US that would introduce new tariffs aimed at excess steel production from China and other countries in order to end a Trump-era trade conflict…
China’s Country Garden Succumbs to Debt Crisis After Sales Drop
The property giant fails to repay a loan and warns that it is unlikely to pay off all its international debt obligations.
Philippine diplomat witnessed Chinese ships’ aggressive actions in disputed South China Sea
A senior Filipino diplomat known for his past expletive-laced tirade against China joined a coast guard trip to the disputed South China Sea last week and saw Beijing’s ships block and nearly collide …
Samsung, SK Hynix get indefinite waivers to ship U.S. chip equipment to their China factories
Samsung and SK Hynix will be allowed to ship U.S. semiconductor manufacturing equipment to their China factories indefinitely without separate U.S. approvals.
China’s top crypto-mining hardware-maker reportedly furloughs staff
Bitmain’s ‘Antminers’ dominate the market – but customers aren’t buying The world’s largest source of hardware designed for the task of mining cryptocurrency, Beijing-based Bitmain, has reportedly …
China’s disappointing Golden Week holiday—the first after the end of COVID-zero—shows the country’s consumers are still holding back
While domestic travel during China’s Golden Week holiday rebounded to just over 2019 levels, it still fell short of official government forecasts.
Facing Beijing’s threats, Taiwan president says peace ‘only option’ to resolve political differences
Taiwan President Tsai Ing-wen has said peace with China is the “only option,” while strongly asserting the self-governing island’s defenses.
In China, social media is bursting with support for Palestine — and blame for Washington
Some posts compared Israel to Japan, which is disliked in China due to its brutal regime in World War II. Others accused Israel of being a Nazi state.
Beijing issues white paper on Belt and Road Initiative
The State Council on Tuesday released a white paper on the Belt and Road Initiative (BRI), which was launched a decade ago to boost cross-border
Thai Artists Showcase Their Work at Beijing Design Week 2023 Revealing Art as a Soft Power Ambassador to Enhance the Country’s Potential
The Chili Art group gathers Thai artists to showcase at Beijing Design Week 2023. Kung Ying Patama Leeswadtrakul, emphasized the role of art in connecting cultures and serving as a cultural ambassador to promote Thai…
