Property investment in China in the first four months of 2024 fell 9.8% from a year earlier, after dropping 9.5% in the first quarter, indicating the sector is yet to bottom out despite a flurry…
Monthly Archives For May 2024
China Consumption, Investment Slows Unexpectedly
Consumption and investment in China slowed unexpectedly in April, while industrial output beat expectations as Beijing doubled down on its manufacturing drive to spur growth.
JD.com Recognized in FORTUNE China’s ESG Impact List for Third Consecutive Year
On May 13, FORTUNE China announced its “China ESG Impact List 2024,” marking JD.com’s third consecutive appearance for its …
High-quality B&R cooperation: Pakistan, China agree to deepen Beijing’s steps
According to a joint statement issued simultaneously in Islamabad and Beijing on Thursday, Deputy Prime Minister and Foreign Minister Ishaq Dar visited China from May 13 to May 16, 2024, at the …
Tracking China’s ‘grey zone’ balloon flights over Taiwan
Since December, about a month before Taiwan’s presidential election, China began sending a different type of intruder over the Taiwan Strait: more than 100 balloons, some of which passed directly …
Is China’s bubble tea bubble about to burst?
Bubble tea has certainly hit a sweet spot with its many fans but it has left some investors with a bitter taste. Stock market debuts of two China-based chains have already flopped …
FirstFT: China trade experts urge Xi Jinping to respond with caution to US tariffs
Also in today’s newsletter, Shein switches focus to London IPO, and China’s biggest banks launch first sales of special loss-absorbing debt …
Bybit’s Notcoin listing debacle, China firm’s profits up 1100% after crypto buy: Asia Express
Bybit to compensate users after Notcoin listing debacle, China gaming firm’s profits up 1100% after $200M crypto buy, and more: Asia Express.
Chinese police bust illegal crypto ring worth almost $2 billion
In a recent development, Chinese police have uncovered a massive underground banking racket in the city of Chengdu, involving the… Continue reading Chinese police bust illegal crypto ring worth almost …
China-Russia Relationship Reaches New Zenith in Beijing
Since Russia’s invasion of Ukraine in 2022, Xi’s China has more or less successfully walked a tricky tightrope. While Russia is more focused on short term objectives in the war, China is concentrated on the…
Taiwan’s William Lai could signal friendlier cross-strait ties at inauguration, but Beijing isn’t getting its hopes up
Analysts say Taiwanese president-elect William Lai Ching-te still has chance to make goodwill gesture towards mainland China when he is sworn in, but few are optimistic that his speech will lead to warmer relations.
Trump warns trouble brewing with strengthened Russia-China ties as he’s stuck in ‘icebox’ courtroom
Former President Donald Trump warned that as he sits in Manhattan court, Russia and China are strengthening their relationship to likely carry out “damage” to the world.
Joe Biden has raised tariffs on Chinese imports – but this ploy to win votes may spark a trade war
The US president is ramping up tariffs on Chinese-made products, including a 100% border tax on electric cars.