BEIJING – China has detected seven infections of the Covid-19 subvariant JN.1, the national disease control and prevention administration said on Dec 15.
Monthly Archives For December 2023
More than 500 hurt in Beijing subway train collision caused by icy tracks
Hundreds of people were hospitalized and 102 had broken bones following a collision between two subway trains in Beijing Thursday. Most of the injured – 423 people – were discharged from hospitals Friday morning.
Watch: Two train carriages unhinge midway in Beijing , commuters left stranded
Eyewitness accounts in Beijing described a substantial jolt that led to passengers scrambling and some sustaining injuries.
Beijing and Shanghai further relax policies to boost home sales
Beijing and Shanghai set different down-payment ratios and transaction taxes for ordinary housing and luxury homes based on the home size and selling price. Read more at straitstimes.com.
China Shrinks Budget Deficit Again in Weak Support for Growth
China’s budget deficit continued to contract so far this year, as government revenue grew from a favorable comparison base in Covid-hit 2022 while spending declined.
IPO candidate Shein under fire by Temu—again—over alleged bullying, intimidating suppliers in new lawsuit
As Sequoia Capital China-backed Shein nears a long-awaited IPO in the U.S., the hurdles it’s facing continue to stack up. The latest is the anticompetitive lawsuit that Chinese e-commerce platform …
China’s risky maneuvers around the US military are part of a long-running plan to use ‘the enemy to train the troops’
China’s method of “using the enemy to train the troops” has obvious risks, but Beijing also sees benefits in getting up close with US forces.
US Ally’s Ominous Warning About China Flashpoint
Jose Manuel Romualdez, Philippine ambassador to the United States, warned that ongoing skirmishes between Philippine and Chinese vessels in the South China Sea could trigger a significant conflict at …
Global coal demand set to fall as China uses more renewables
Global coal demand is likely to have peaked this year, and could drop by about 2% over the next three years as China brings more renewable energy sources online, the International Energy Agency said …
China’s Economy Shows Signs of Losing Further Momentum
China’s economy showed some renewed signs of weaknesses as key gauges for consumption and investment missed expectations, while Beijing continues to grapple with challenges including a drawn-out …
Don’t Buy China’s November Recovery
China’s economic data is a mess right now. That means better-than-expected growth figures for November, released Friday, should be viewed skeptically. The big picture: Home prices fell further, …
Fighting reported to be continuing in northern Myanmar despite China saying it arranged a cease-fire
Reports from Myanmar say there is continuing fighting in the northeastof the country between the military government and an alliance of ethnic minority armed groups.
China reports fastest industrial expansion in nearly 2 years; retail sales growth misses estimates
China posted its biggest industrial output expansion since February 2022 in November, though retail sales growth underwhelmed expectations, pointing to a patchy recovery in the world’s second-largest …
