During recent exercises in the Philippine Sea, U.S. jet fighters screamed into flight from the USS Carl Vinson as two Chinese intelligence-gathering ships lingered a few miles away.Three months …
Monthly Archives For February 2024
China new year holiday spending surges past pre-pandemic levels
China’s new year holiday spending last week surged past pre-pandemic levels, official figures showed, a rare bright spot for an economy struggling with sluggish consumption and deflation.This year’s …
Here’s why most investors are dead wrong about China — and what stocks can teach them
What few fathom, while fearing that China will eclipse the West, is that stocks have been predicting China’s descent for far longer, writes Ken Fisher.
Year of the Dragon: China faces critical moment in push to revive economy
Analysts say Beijing needs to roll out measures to stimulate greater domestic consumption amid slowing growth.
Beijing urges US to end harassment of Chinese students
The nation’s public security minister has urged the US homeland security secretary to stop “harassment” of Chinese students entering the United …
China Lunar New Year travel spending surpasses pre-Covid levels — is consumption revival in sight?
China’s travel activity and spending jumped above pre-pandemic levels during the Lunar New year holiday, signaling that consumption was improving in the world’s second-largest economy.
Spring festival spending on China’s duty-free island hits record
Shoppers visiting China’s island province of Hainan spent a record 2.49 billion yuan ($346.2 million) on duty-free goods over the eight-day Lunar New Year holiday, data from Haikou Customs showed.
Automakers aiming to become shipshape as exports make waves
Automakers are opting to own or take out long-term leases of ships, ensuring export stability, reducing transportation costs and guaranteeing timely deliveries to overseas customers, said Cui Dongshu, …
Strong start to year as car sales boom in China
TANG KE/FOR CHINA DAILY Retail sales of passenger vehicles soared in China in January, of which those from Chinese brands saw the highest growth, according to the China Passenger Car Association. Over …
Hong Kong records most Chinese New Year tourists since before Covid-19
That surpassed the number recorded over an equivalent period in 2018, before the Covid-19 pandemic. Nearby Macau reported a record … which in 2024 was one day longer than in 2023 – marks China’s …
Hong Kong records most Chinese tourists during CNY since pre-Covid-19
More than 1.2 million Chinese travellers visited Hong Kong during the eight-day Chinese New Year celebration. Read more at straitstimes.com.
Shenzhen Metro introduces two virtual ticket options
The virtual date ticket includes options for a “virtual one-day ticket” priced at 25 yuan and a “virtual three-day ticket” priced at 75 yuan, aligning with the costs of physical date tickets. These …
China Reports Smallest Foreign Investment Increase In Over Two Decades
China reported the smallest amount of annual foreign direct investment since the 1990s last year, amid capital outflow pressure and challenges attracting foreign capital due to tensions with the West.
