Exports measured in US dollar terms stood at $3.38 trillion in 2023, down by 4.6% compared to the year before. In 2022, Chinese exports increased by 7% from the year earlier. The last time China…
Monthly Archives For January 2024
Deflation Worries Deepen in China
With domestic demand weak, fears are growing that China will try to export its way out of trouble, raising trade tensions.
China expects surge in passenger traffic during Spring Festival
Passenger traffic during China’s annual Spring Festival travel rush will likely see a massive rally this year, the Ministry of Transport said Friday. The travel rush, usually a period of high transpor
China’s yuan loans grow by 22.75 trillion yuan in 2023
China’s new yuan deposits hit 25.74 trillion yuan in 2023, down by 510.1 billion yuan from the previous year. The outstanding yuan loans stood at 237.59 trillion yuan at the end of December, up 10.6…
US House passes finance bills bolstering Taiwan, squeezing mainland China ahead of island’s presidential election
One supports including Taipei in IMF while another directs regulators to exclude Beijing from banking organisations over threats to self-ruled island California Republican Young Kim says her bill …
‘The Taiwan card’: island’s growing strategic value is testing Beijing’s diplomacy tactics
Over recent months, some have followed Washington’s lead to circumvent Beijing’s opposition and pursue substantive economic and political ties with the island’s independence-leaning government. While most countries, including the United States …
China-Taiwan tensions: Taipei accuses Beijing of interference in election
Taiwan claims China is using disinformation to influence its elections, pressuring reunification.
Controlling Light: Is Silicon Photonics an Emerging Front in U.S.-China Tech Competition?
CSIS fellow Matthew Reynolds analyzes the possible implications of advances in silicon photonics on U.S.-China technology competition.
Technology firms make big impact at CES
During the world’s largest consumer tech show, over 1,100 Chinese enterprises, more than double the number of attendees last year, unveiled an array of cutting-edge technologies and products including …
Explainer | China nurtures indigenous seed industry to reduce import reliance, secure food supply
Government officials had already sounded the alarm about “over-reliance” on seed imports from major exporters like the United States last year. About 70 per cent of China’s seed corn comes from the US …
As Hong Kong shoppers flock to Shenzhen’s megastores for bulk-buy bargains, can city retailers fight back?
Costco Wholesale’s new store, which opened in Shenzhen’s Longhua district on Friday, fuelled Hongkongers’ bulk buying frenzy, with Google online searches for it outstripping those for Sam’s Club last …
Exclusive-Shein seeks China’s permission for US IPO -sources
Shein is seeking Beijing’s nod to go public in the U.S., two sources with knowledge of the matter said, highlighting the limits of the fashion company’s efforts to present itself as global rather than …
Hongkongers queue for more than 2 hours as they flock to bargain-hunt at new Shenzhen Costco
To be honest, I was a little disappointed because the queue was really long and my shopping experience was not worth it,’ one says.
