China’s second richest man, as of 2001, according to a Forbes ranking was jailed in Singapore following a fraudulent crypto
Monthly Archives For August 2024
China’s Car Market Meltdown: Why Big Brands Like GM and BMW Are Losing Ground
Volkswagen’s sales in China fell by 19.3% in the second quarter, while Porsche’s dropped by 39.3%. With strong government support, Chinese EVs are thriving, weakening the competitiveness of imported …
China Imposes 11 Million Yuan Fine Over Food Safety Scandal
China fines Sinograin and six other firms a total of 11 million yuan for using fuel tankers to transport cooking oil, rekindling fears about food safety. An investigation found severe use of unclean …
China’s PDD shares slide after weak consumer spending dents revenue
China’s PDD Holdings missed market estimates for quarterly revenue on Monday, as reduced consumer spending dented business at its domestic e-commerce platform Pinduoduo, sending the company’s shares …
TCJH Establishes Shenzhen Tomorrow Innovation Core Technology Co., LTD to Lead in AI Hardware Supply Chain and Intelligent System Integration
Top Kingwin Ltd (the “Company”) （NASDAQ – TCJH）today announced the establishment of its wholly-owned subsidiary – Shenzhen Tomorrow Innovation Core Technology Co., LTD (“Shenzhen Tomorrow Innovation”) …
Taiwan drills with anti-amphibious landing missiles to deter China
Taiwan is drilling with anti-amphibious landing missiles as part of its strategy to remain mobile and deadly in an attempt to deter an attack from a China.
The most serious threat to our national security is China: Rep. Seth Moulton
Mass., discusses Vice President Kamala Harris’ changing policy positions, Minnesota Gov. Tim Walz’s military record and foreign policy on ‘Sunday Night in America.’
US Ally Accuses China Coast Guard of ‘Aggressive and Dangerous’ Moves
Philippine and Chinese ships have collided for the second time in a week as tensions simmer over the latest South China Sea hotspot.
China to keep up financial risk control campaign with draft rules for microlenders
A draft set of rules and standards have been released for China’s microfinancing firms, with risk control and consumer protection in mind.
China’s fiscal revenue falls 2.6% in the first seven months of 2024
China’s fiscal revenue fell 2.6 per cent in the first seven months of 2024 from a year earlier, narrowing slightly from a 2.8 per cent slide in the first half, …
China’s fiscal revenue falls 2.6% in the first seven months of 2024
China’s fiscal revenue fell 2.6 per cent in the first seven months of 2024 from a year earlier, narrowing slightly from a 2.8 per cent slide in the first half, …
China’s Fiscal Revenue Slumps in First Seven Months But Should Pick Up Soon, Finance Ministry Official Says
(Yicai) Aug. 26 — China’s fiscal revenue will rise in months to come, despite tumbling in the first seven months, as macro-economic policies take effect, the economic recovery becomes more solid, and …
Din Tai Fung to close 14 China outlets amid weak consumer spending
TAIWANESE dumpling chain Din Tai Fung will close more than a dozen stores in mainland China, a market that’s seen a brutal price war among restaurants to lure increasingly frugal Chinese consumers.
