On a rainy afternoon in Shenzhen, damp passengers jostle their way onto the megacity’s buses, the quiet foot soldiers of an electric revolution for coal-guzzling China’s public transport network.Shenzhen ditched diesel buses and went fully…
Monthly Archives For October 2023
China factory activity shrinks in Oct, dents recovery momentum
China’s manufacturing activity unexpectedly contracted in October, an official factory survey showed on Tuesday, underlining the challenge facing policymakers trying to engineer a durable economic recovery.
Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs
The artificial-intelligence company scrapped plans to rush shipments to China this month before the new restrictions were brought forward.
Exclusive: China snaps up Australian, French wheat as crop damage spurs buying spree
China is set to import record volumes of wheat this year, trading sources say, with rain damage to its crop and worries over dry weather in exporting nations fuelling Beijing’s appetite to buy while prices…
3 astronauts return to Earth after 6-month stay on China’s space station
TAIPEI, Taiwan — Three Chinese astronauts returned to Earth on Tuesday morning after six months aboard China ’s orbiting space station. Jing Haipeng, Zhu Yangzhu and Gui Haichao emerged in good health from the return…
China factory activity unexpectedly shrinks in Oct, dents recovery momentum
China’s manufacturing activity unexpectedly contracted in October, an official factory survey showed on Tuesday, underlining the challenge facing policymakers trying to engineer a durable economic recovery.
China’s Smog-Covered North on Highest Pollution Alert as Visibility Drops
As air pollution levels in the wider Beijing-Tianjin-Hebei area and northern part of Henan province reached moderate to severe, pollution control experts said increased industrial activities, heavy trucking and crop fires had contributed to the…
Australia wants to diversify its relationship with China: ‘That doesn’t mean trading any less’
Australia wants to stabilize and diversify its relationship with China, but that does not mean that trade flows should simmer, said Australia’s Trade Minister.
Online insurer SSTG considers Hong Kong IPO in 2024
Beijing: Shenzhen Shouhui Technology Group Ltd (SSTG), a Chinese online insurance platform, is considering an initial public offering (IPO) in Hong Kong as soon as next year, according to people …
China to further improve its visa policies
Since the beginning of this year, China has been improving its visa policies. The Foreign Ministry has been working with other government agencies to roll out measures to ensure smooth channels for …
Fujian edge Shanghai, unbeaten Shenzhen rally past Nanjing
The Fujian Sturgeons edged the Shanghai Sharks 112-107, while the Shenzhen Aviators completed an 89-80 comeback win over the Nanjing Monkey Kings to stay unbeaten in the Chinese Basketball Association …
FirstFT: Li Keqiang mourning creates sensitive moment for Beijing
Also in today’s newsletter, Israeli forces push deeper into Gaza and China delays $69bn Broadcom-VMware merger …
The time is ripe for China to smash the iron rice bowl and trim its bloated state sector
As China’s economy faces increasing headwinds, it is becoming difficult to justify a massive bureaucratic system If China moved to smash the iron rice bowl, it would send a positive message to society as a…
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