China’s new home prices rose at the fastest monthly pace in nearly 2-1/2 years and government land sales ended a 23-month slump, according to recent government data and a survey, indicating the rate …
Monthly Archives For February 2024
China, Japan must nurture a stable and healthy relationship
China and Japan stand as important economic and trade partners for each other and both sides should maintain stable and smooth industrial and supply chains, and promote the healthy and stable development of economic and…
China’s economy suffers ‘soft start’ to 2024 despite manufacturing activity rebound
Official manufacturing purchasing managers’ index rose slightly in January, but the gauge remained in contraction for a fourth consecutive month Beijing still needs to buttress its economic recovery at the start of the year even…
UK Police Seized $1.77 Billion in Bitcoin from Chinese Investment Fraud + More Crypto News
The UK Metropolitan Police has seized more than £1.4 billion ($1.77 billion) worth of bitcoin (BTC). This is one of the largest crypto seizures of by law enforcement globally, according to the …
Video shows China cremation vans for pets, not people
A video circulating on social media shows a mobile cremation oven for pets, not humans, contrary to posts that claim the Chinese government is rolling out the service to cope with “mass deaths”. Other …
US calls out Chinese companies it says are helping China’s military
The updated list is one of the numerous actions Washington has taken in recent years to highlight and restrict Chinese companies that it says may strengthen Beijing’s military.
Fed Chair Powell Has Quietly Primed Bitcoin And Crypto For A $3.3 Trillion Price Boom
Federal Reserve chair Jerome Powell has held U.S. interest rates steady but primed the market for a cut this year, something that could help the bitcoin price to …
China Strengthens Hold on Struggling Neighbor
China’s support for Laos has increased as the Southeast Asian country tumbles into a crisis that is in part due to Chinese debt repayments.
China Shows Japan The Way To Tackle Rural Bank Risks
TOKYO – Economists churn out mountains of reports on what China must learn from Japan’s decades of policy failure. This week, Beijing flipped the sc …
US pangasius imports down in 2023, but continuation of China trade war could present opportunity
While U.S. pangasius imports dropped in 2023, so did tilapia imports, from 234 million pounds in 2022 to 187 million pounds through November 2023. The price for frozen tilapia fillets from China is …
Henkel agrees to buy Vidal Sassoon brand in China from P&G
German consumer goods firm Henkel reported it plans to acquire the Vidal Sassoon hair-care brand in China from US consumer goods giant Procter & Gamble. Vidal Sassoon’s portfolio focuses on the …
U.S. foils Chinese cyber intrusion, as FBI warns Beijing threatens critical infrastructure
The United States has disrupted a China-backed malware infestation of hundreds of routers, as the head of the FBI warned Beijing’s cyberactors are infiltrating U.S. critical infrastructure.
Hong Kong vs Shenzhen: a day of food, drinks, sightseeing and leisure compared – how much cheaper can the mainland Chinese city be?
The recent jump in people heading from Hong Kong to Shenzhen at the weekend suggests you can enjoy a lot more for much cheaper in the mainland Chinese city. We compare a packed day in…