China is hoping to patch up shaky relations with Washington. But both countries face numerous hurdles in solving the drug trade crisis.
Monthly Archives For January 2024
Beijing’s foreign trade exceeds 3 trln yuan for 3 consecutive years
Beijing’s import and export volume has exceeded 3 trillion yuan (about 417 billion U.S. dollars) for three consecutive years, data from the local customs showed. This was reported by The Xinhua News …
China has indisputable sovereignty over Scarborough Shoal in South China Sea -Coast Guard
China has indisputable sovereignty over the Scarborough Shoal and its adjacent waters, and has always resolutely countered infringements by the Philippines, a spokesperson for China Coast Guard said in a statement released late Tuesday.
Passenger, commercial vehicle exports see notable growth in Fujian, SE China
Vehicles for export are loaded into a ro-ro cargo vessel at Jiangyin terminal of Fuzhou Port in southeast China’s Fujian Province, Jan. 30, 2024. Customs data showed that the automobile exports of …
China’s manufacturing activity shrank for the fourth straight month in January
China’s factory activity contracted for a fourth consecutive month in January, underscoring the much-needed litany of policy support for the world’s second-largest economy which Beijing announced last week.
Evergrande Is Finished. China’s Property Woes Aren’t.
The poster child of China’s property crisis is no more. But the mess that triggered the downfall of China Evergrande Group is far from over.A Hong Kong court on Monday ordered Evergrande’s liquidation after creditors…
Asia stocks gain as China stimulus softens Evergrande blow
TOKYO (Reuters) -Asian stocks started the week on the front foot, as new steps by Beijing to stabilise the local market outweighed the drag on sentiment from the liquidation of property giant China Evergrande.
China issues 9.34t yuan local gov’t bonds in 2023
[Photo/China News Service] BEIJING — China’s local governments issued new bonds worth around 9.34 trillion yuan ($1.31 trillion) in 2023, data from the Ministry of Finance showed. Of the total, …
China’s Manufacturing PMI Remained in Contraction for January
An official gauge of China’s manufacturing activity indicated contraction for a fourth consecutive month in January, signaling continued weakness in the economy after a year of patchy post-Covid recovery.
China’s Shenzhen reveals bold tech plans for an economic, industrial resurgence in 2024
While aiming to counteract US-led tech restrictions, Shenzhen intends to achieve a massive industrial output of more than US$209 billion in strategic emerging industries this year.
Missing Boxes, an Email From China: How a Chip Shipment Sparked a U.S. Probe
Authorities stopped the shipment by autonomous-trucking firm TuSimple in its latest tangle with the U.S. government.
Temu, Shein Packages and Electric Cars Prop Up China’s Exports
(Bloomberg) — In a dismal year for China’s export economy, two categories stood out for their rapid growth: cars and cheap, direct-to-consumer parcels. Most Read from Bloomberg Musk Says First …
China’s live streaming factories are bleak. Now TikTok wants to open one in the U.S.
The Information reports that TikTok intends for brands to be able to send product samples directly … hawking plastic crap no one needs as our planet overheats. Video footage of China’s live …
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