Chinese asset management giant Zhongzhi Enterprise Group has filed for bankruptcy and was unable to pay its debts, a Beijing court said on Friday.
Monthly Archives For January 2024
Why Russia’s Growing Reliance on China Should Worry Putin
Economists warn China is getting the best out of increased trade with Russia after Vladimir Putin’s invasion of Ukraine.
How China’s BYD overtook Tesla to become the world’s biggest EV maker
The biggest car brand you’ve never heard of.” Those are the words China’s top carmaker is using to promote itself as it looks to expand across the globe. Having become China’s best-selling auto brand at…
China is beating Elon Musk at the Tesla game
A fleet of BYD electric cars in Shenzhen, China. The Chinese-made hybrid recently overtook Tesla as the top EV manufacturer in the world. REUTERS It is easy to forget that Elon Musk’s main business …
Taiwan to pick new president as China ramps up threats: ‘choice between war and peace’
The US and China are keeping close tabs on Taiwan’s presidential election set to take place next week. The present frontrunner, and current vice-president, faces a former police chief.
China’s Shenzhen a good place for innovation: Italian engineer
Italian engineerSHOOTING TIME: Jan. 5, 2024DATELINE: Jan. 6, 2024LENGTH: 00:03:06LOCATION: SHENZHEN, ChinaCATEGORY: SOCIETYSHOTLIST:1. various of Shenzhen2. SOUNDBITE (English): LEONARDO DE PALO, Ital …
‘Derisking’ China-Reliant Supply Chains Is Creating New Risks
“Derisking” the West’s ties with China—shorthand for measures like tariffs to build up supply chains in friendly nations—has a nice ring to it. After all, who could argue against reducing risks?
Monkey business: China seeking cave-dwelling human Monkey King who can be fed bananas
The Wuzhishan Scenic Area in China’s Hebei province is scouting for a new recruit to embody the legendary Monkey King. This isn’t your average acting gig, and you won’t need any acrobatic skills or …
GLOBALink | China’s Shenzhen a good place for innovation: Italian engineer
“I am extremely happy to live in China. China is really good.” An Italian engineer has found China’s Shenzhen a great place for innovation.
China’s Debt Mountain Is Even Bigger Than Feared
Japan’s descent into stagnation is an infamous economic tale known around the world. But at its start, in the early 1990s, it wasn’t abundantly clear what was happening to what was then the world’s No…
China targets EU brandy in tit-for-tat anti-dumping probe
China has begun an anti-dumping investigation on brandy imported from the European Union, it said on Friday, a step likely to increase tensions with the bloc that is scrutinising Chinese electric …
Washington Heats Up Nuclear Energy Competition With Russia, China
U.S. is putting diplomatic clout behind sales of cutting-edge reactors that have yet to show commercial success.
Climate change: China’s ‘sponge cities’ struggle to soak up flooding from severe storms despite billions in investment
Chinese cities have spent more than 1 trillion yuan (US$140 billion) on infrastructure to absorb rainfall and minimise flood damage. That is a mere drop in the bucket compared with what is needed.
