That is the task facing China’s embattled leadership this week, during what will be the most important public-facing political event of the year. China’s legislature, the National People’s Congress …
Monthly Archives For March 2024
China Barred From Buying US Oil Reserves in Funding Bill
China would be barred from buying oil from the US’s emergency stockpiles under a provision included in must-pass government funding legislation unveiled Sunday.
China’s export strategy and population decline signal economic risks
Factories are churning out more cars, machinery, and consumer electronics than the domestic market can handle. Supported by low-interest loans from the government, Chinese firms are overwhelming …
China: Stop projecting Beijing as ‘threat’ to PH
China on Sunday called on the Philippines to stop projecting Beijing as a “threat” to the Philippines, maintaining that it has always been “committed” to peace in handling territorial …
China welcomes Japanese business, Beijing’s envoy Wu Jianghao says, trying to ease fears
Trade and investment growth between the two countries has slowed amid a series of economic and security concerns.
Xi’s crackdown on China’s financial sector fuels industry brain drain
“The slogans and crackdowns are about control,” Natixis SA chief Asia-Pacific economist Alicia Garcia Herrero said. “Chinese leaders think control is needed to avoid financial instability and make …
Former Bank of Beijing Chairman Under Corruption Probe in China Crackdown
Another retired financial executive, Tang Shuangning, who served as chairman of China Everbright Group, was arrested two months ago on suspicion of embezzlement and bribery. Others who have been …
China’s quest for fiscal expansion
Despite disinformation which now rivals the darkest days of the Cold War, the Chinese economy is moving toward a soft rebound and a set of large-scale fiscal and tax reforms to foster growth in the…
Fears of lack of competitiveness drive EV scare story, not national security: China Daily editorial
Chinese Foreign Ministry spokesperson Mao Ning accused the US of “trade protectionism”. But this is not the protectionism of the past, which was less damaging without today’s “national security” …
MG Of China Likely To Keep European EV Lead By 2030, Despite BYD
The EU is expected to announce the results of its probe into China’s EV subsidy policies in May, and import tariffs could jump to 25% from the current 10%. Fears of EU tariff retaliation have…
Tmall Announces the Launch of Shanghai’s “China Brand Carnival”
Tmall’s “China Brand Carnival” in Shanghai showcased 13 top Chinese brands, blending traditional culture with modern tech, attracting young locals with interactive experiences and artistic …
China to test laser-based communication payloads for real-time maritime data transmission: CASIC president
China’s Weihai-1 laser-based communication payloads that were successfully sent to preset orbit on February 3, will soon carry out inter-satellite and satellite-ground technology convergence …
China’s bureaucrats turn to AI, handwriting robots to cope with official paperwork
While the tools can be useful for some mundane tasks, they are limited by not being trained on the latest information.