By allowing local governments and state-owned enterprises to buy unsold land and housing from distressed developers, China is betting a property slump weighing down the economy can be stopped once and for all.
Monthly Archives For May 2024
Beijing warns Taiwan independence efforts are a ‘dead end’ as Lai Ching-te takes office
No matter how the internal political situation in Taiwan changes, it will not change the historical and legal fact that both sides of the strait belong to one China,” Wang warned. “The day of China’s
Beijing says Taiwan politics don’t change ‘fact’ there is ‘one China’
Beijing’s top diplomat Monday said that Taiwan’s internal politics did not change the “fact” it was part of China, calling efforts towards the island’
Taiwan’s new president calls on China to stop its ‘intimidation’ after being sworn into historic third term for ruling party
Taiwan President Lai Ching-te called on Beijing to cease its intimidation of the democratic island after he was was sworn in as president Monday, marking the start of a historic third consecutive term for the…
CHINA UNICOM Apr 5G Subscribers’ Net Increase Slows to 2.285M
CHINA UNICOM (00762.HK) announced the latest operational data. The aggregate number of “Big Connectivity” subscribers in April reached 1.04 billion, with a net increase of 12.823 million for a single …
Spy games: China cries foul over space espionage
China’s counterintelligence officers have “uncovered multiple espionage cases in the aerospace sector,” according to the regime’s spy agency. “Certain countries regard our nation as a major competitor …
China’s capital markets set for ‘renewed growth for many years to come’ after Beijing’s rescue actions: investors
Consumer and entrepreneur confidence should ‘continue to pick up from this point’ as Beijing’s efforts strengthen the capital markets and enhance Hong Kong’s connector role, say speakers at the …
Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China
The report also found that Jaguar Land Rover and Volkswagen bought parts from a supplier the U.S. government had singled out for its practices in Xinjiang.
Beijing is walking a fine line between support for Russia and not angering the west too much
Russias Vladimir Putin and Chinas Xi Jinping have announced they will work together more closely to offset US pressure as part of Putins two-day state visit to China. Putin is seeking to firm up his…
‘Multiple Students’ Harmed in China Elementary School Attack: State Media
A suspect was taken into custody after the attack in the eastern Jiangxi province on Monday, authorities said.
China’s fiscal revenue shrank 2.7% in Jan-April amid shaky economic recovery
China’s fiscal revenue slipped 2.7% in the first four months of 2024 from a year earlier, after a 2.3% slide in the January-March period, in a further sign of an uneven economic recovery.
The U.S. Finally Has a Strategy to Compete With China. Will It Work?
The strategy, which took seven years to come together, is a three-legged stool consisting of tariffs, security restrictions and tech subsidies.
China launches anti-dumping probe into U.S., EU chemical exports
China has launched an anti-dumping investigation into copolymer formaldehyde imported from the United States and the European Union, after they announced similar measures targeting Beijing last week.
