The Chinese foreign ministry’s former director general of African affairs Wu Peng has arrived in South Africa to begin his tenure as Beijing’s ambassador at a time of rising geopolitical tensions. Wu, …
Monthly Archives For June 2024
China should further ease data export rules, Neuberger Berman, Citi say
China should further relax data export rules, building on the recent easing of some curbs for global firms enacted by the city of Shanghai, senior executives from investment management firm Neuberger Berman and global bank…
China Throws Its Weight in Russia’s Backyard
Beijing has struck a deal with the former Soviet central Asian republics of Kyrgyzstan and Uzbekistan to build a railway.
China’s 618 e-commerce festival sees a decline in sales for the first time in 8 years, data firm Syntun says
China’s annual “618” mid-year e-commerce sales festival saw sales drop for the first time as economic woes continue to weigh on consumers.
China’s famed panda breeding center bans 12 tourists for life over bad behavior
A dozen tourists have been banned for life from China’s Chengdu Research Base of Giant Panda Breeding for bad behavior like throwing cigarettes and spitting.
Analysis-China’s key plenum aims to fix decades-old tax revenue imbalance
Long-touted changes to China’s tax system will focus on allowing local governments to retain more fiscal revenues, say policy advisers, widely seen by markets as an important step towards removing an …
China police probe drug-related money laundering operation after U.S. tip
BEIJING–Chinese police are investigating a case of illegal foreign exchange activity and money laundering after tip-offs from the United States, state media said on Wednesday, in a rare instance of …
US, China to hold high-level talks on anti-narcotics cooperation
The United States and China were set to hold high-level talks on anti-narcotics cooperation on Thursday, following a breakthrough in bilateral work this week that saw them jointly go after a major …
Analysis-China’s key plenum aims to fix decades-old tax revenue imbalance
Long-touted changes to China’s tax system will focus on allowing local governments to retain more fiscal revenues, say policy advisers, widely seen by markets as an important step towards removing an …
China’s Fiscal Reform: A New Era for Local Government Revenues
China is set to implement major reforms to its tax system, focusing on allowing local governments to retain more fiscal revenues. The changes aim to address a $13 trillion local government debt, …
China says information requested by EU electric vehicle probe ‘unprecedented’
The types, scope and quantity of information requested by the European Union for the investigation into Chinese new energy vehicles were “unprecedented”, China’s commerce ministry said on Thursday.
Sinolong New Materials Soars On Debut, Minting New China Billionaire
The IPO comes amid a tightening of listing rules in China that has thinned the number of domestic IPOs this year. Yang, 58, joins a group of Chinese billionaires whose ranks are second only to…
‘Only pirates do this’: Philippines accuses China of using bladed weapons in major South China Sea escalation
The Philippines has accused China’s Coast Guard of launching a “brutal assault” with “bladed weapons” during a South China Sea clash earlier this week, a major escalation in a festering dispute that threatens to drag…
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