Russia’s Vladimir Putin and China’s Xi Jinping on Wednesday hailed their countries’ deepening alignment as they met at a gathering of a Eurasian security bloc promoted by both leaders as a …
Monthly Archives For July 2024
China Is Developing A Transforming Stealth Fighter Jet: Here’s What We Know About It
China is developing a new type of stealth fighter jet that features a very unique capability: detachable drones designed for aerial warfare.
China science body lists ‘digital humans’ and optical chips among key challenges
Government-funded association highlights 30 areas that got the most attention from research and industry groups last year.
China hands over lavish new presidential palace to Vanuatu, ahead of PM’s visit to Beijing
China has handed over a massive newly-built presidential palace to Vanuatu days before the Pacific nation’s prime minister is expected to visit Beijing.In a lavish ceremony in the capital Port Vila …
Law firm Dechert to close Chicago, Beijing, Hong Kong offices
U.S. law firm Dechert said on Wednesday that it will close its offices in Beijing, Hong Kong and Chicago later this year.
China faces economic headwinds as it grapples with an aging — and shrinking — population
China’s population is shrinking, and the demographic shift will ultimately hurt its economy, shrink the labor force and put pressure on fiscal policy. Raising the retirement age is “one of the few viable options” to…
China Reopened to Foreign Students. Americans Are Staying Away.
Then came Covid-19, which essentially locked out most international students. But even as Fudan classes returned to normal last year, none of the 30 or so foreign students in Wu’s class were from the U.S.
Unemployment spike in Shenzhen: ‘blip’ or a chip at China’s economic might?
With a service sector struggling to retain jobs amid digitalisation and a relocation of labour-intensive industries, pressures are seen having worrisome economic implications.
China’s secondary property sales surge after policy incentives, as buyers eschew new flats
Secondary-market sales in Beijing, Shanghai and Shenzhen hit a 14-month high in June, but new home sales slumped further on delivery angst China’s secondary housing market showed signs of recovery as …
Economic Watch: Lower transaction fees set to boost international bank card usage in China
BEIJING, July 3 (Xinhua) — International bank card clearing institutions, such as Visa and Mastercard, have reduced transaction fees on overseas bank cards for Chinese merchants, a move expected to …
DWF Labs launches $20M fund for Web3 projects in China
The platform enabled organizers and community owners to sell NFT passes for event participation in fiat and crypto, backed by its token-gated access infrastructure.
Xi’s China proves a hard sell as officials seek investments overseas
The delegations — which often feature business leaders — have also been driven by a desire to expand overseas amid sluggish demand at home. Chinese firms made $60.2 billion in foreign direct …
Jobless spike in China’s Shenzhen: ‘temporary blip’ or a chip at economic might?
With a service sector struggling to retain jobs amid digitalisation and a relocation of labour-intensive industries, pressures are seen having worrisome economic implications.
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