The stricter government procurement guidance also seeks to sideline Microsoft’s Windows operating system and foreign-made database software in favour of domestic options.
Monthly Archives For March 2024
China to allocate more resources to ensure employment, finance minister says
China will allocate more fiscal resources to ensure employment, among other aspects of people’s livelihoods, Finance Minister Lan Foan said on Sunday.
China blocks use of Intel and AMD chips in government computers, FT reports
China has introduced new guidelines that will mean U.S. microprocessors from Intel and AMD are phased out of government personal computers and servers, the Financial Times reported on Sunday.
China’s Real Estate Crisis Plan Continues to Baffle. What to Know.
Smaller, more targeted government intervention in the property sector offers little guidance on what measures will be implemented.
Gucci’s China Shock Reverberates Across the Luxury Landscape
Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most…
China’s ecommerce groups make inroads in South Korea with lure of low prices
AliExpress and Temu are undercutting domestic competition and US rivals in world’s fourth-largest online shopping market …
China exports deflation to world as economy falters
Brazil, a member of the China-led BRICS, has launched a series of probes into the alleged Chinese dumping of industrial products like steel after a surge of cheap imports that have hurt local …
China’s Plan to Spur Growth: A New Slogan With Familiar Ideas
As China’s leaders promote their strategy, other countries worry the country is increasing factory overcapacity and plans more exports.
North Korea and China commit to bolster ties in high-level Beijing talks
North Korean and Chinese officials have met in Beijing and committed to further develop bilateral ties, North Korean media said on Sunday, as Pyongyang seeks to expand its diplomatic engagement after …
China’s Dispute With Taiwan Is Playing Out Near This Frontline Island
A fatal incident off Kinmen, a Taiwanese-controlled island, has become the latest occasion for Beijing to warn and test Taiwan’s president-elect.
China could grow faster with pro-market reforms, IMF managing director says
With a comprehensive package of pro-market reforms, China could grow considerably faster than a status quo scenario, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on …
China’s drive for industrial dominance is likely to hurt developing countries – and itself
Economic policymakers see a pivot towards investment in ‘new productive forces’ as necessary if China is to become a ‘medium-level developed country’ But if Chinese workers were to make less and buy …
China vows to safeguard its territorial integrity after South China Sea incident
China’s defence ministry warned the Philippines against “provocative” actions and said China would safeguard its territorial sovereignty on Sunday, a day after an incident in disputed waters of the …
