The world’s second largest economy is struggling to attract foreign companies and investments, despite Beijing’s efforts to address its myriad economic challenges, according to new data from China.
Monthly Archives For November 2023
China says will work to restore peace in Palestinian territories
China will do its utmost to restore peace in the Palestinian territories as it takes over the presidency of the U.N. Security Council (UNSC), its foreign ministry said on Monday, as tensions intensify in the…
China appoints He Lifeng as head of office of the Central Financial Commission -c.bank publication
China’s economy tsar He Lifeng has been appointed as head of office of Central Financial Commission, according to a central bank publication Financial News report on Monday.
China invests US$5.4 billion in two-year-old memory chip maker as self-sufficiency drive picks up
Semiconductor start-up Changxin Xinqiao Memory Technologies has raised 39 billion yuan (US$5.4 billion) from government-backed investors, a sign Beijing is doubling down on its efforts to achieve …
China appoints He Lifeng as head of office of the Central Financial Commission -central bank publication
China’s economy tsar He Lifeng has been appointed as head of office of Central Financial Commission, according to a central bank publication Financial News report on Monday. He was also appointed as …
Australia’s PM sees ‘promising signs’ of better China ties
BEIJING: Australia’s prime minister hailed “promising signs” of better relations with China on Monday, as he visited Beijing for landmark talks with Xi Jinping.
Australia’s Albanese retraces historic Beijing walk on visit to mend ties
Australian Prime Minister Anthony Albanese stopped by Beijing’s Temple of Heaven on Monday as he followed in the footsteps of the first Australian leader to visit China, retracing a walk made five decades ago as…
Global Impact: has economic slowdown prompted Beijing rethink as Xi-Biden Apec meeting nears reality?
In this issue of the Global Impact newsletter, we look at the state of US-China relations, and weighs up the possibility of a meeting between presidents Xi Jinping and Joe Biden at the Asia-Pacific Economic…
China blames Canada for ‘malicious, provocative’ moves after close midair intercepts over South China Sea
China has accused Canada of carrying out “malicious and provocative” actions in the South China Sea, after the Canadian Navy said Chinese fighter jets endangered a helicopter in multiple close intercepts above international waters.
China’s corruption watchdog investigates former ICBC banker as clampdown continues
Zhang Hongli, former party committee member and vice president of the Industrial and Commercial Bank of China (ICBC), is suspected of seriously violating rules and laws and is probed by the Central Commission for Discipline…
More Semiconductors, Less Housing: China’s New Economic Plan
Policymakers, wary of inciting reckless borrowing in real estate, are instead investing heavily in factories and trying to help indebted local governments.
China Tries to Lure Its Unemployed Youth to the Countryside
Communist Party seeks to deploy hundreds of thousands to rural communities, aiming to keep young people busy while city jobs are scarce …
Chinese police to be stationed in the Solomon Islands after a request from PM Manasseh Sogavare – as Albo tries to mend bridges with Beijing
The PM travelled to Beijing this week for an official meeting with Xi Jingping, marking the first visit by an Australian leader since 2016. His trip comes on the 50th anniversary of Gough Whitlam’s landmark…
