Ni Hong, China’s minister of housing and urban-rural development, made the announcement at a press conference on Thursday.
Monthly Archives For October 2024
Heard on the Street: Swiss Watches Wind Down in China
Swiss watch exports to China hit the lowest levels since the depths of the Covid-19 pandemic, another sign Chinese luxury consumers have pulled back sharply. The value of watches shipped from …
Drone show celebrates 75th anniversary of PRC on National Day in Shenzhen
On October 1, 2024, @ooh shared a video of a drone show in Shenzhen, Guangdong Province, China, held to celebrate China’s National Day and the 75th anniversary of the establishment of the People’s …
China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the European Union voted to increase import duties on China-made electric vehicles.
Lammy Heads to Beijing With UK Still Working Out China Policy
Foreign Secretary David Lammy will seek to revive UK relations with China this week, even as Beijing carries out military drills around Taiwan and ahead of the British government’s own audit of the …
China’s nuclear innovation unlocked
Long perceived as a technology follower, China is nonetheless confounding expectations by stretching out its nuclear energy ambitions to become a clear leader. Instead, argues a new report, nations li
How Beijing is closing surveillance gaps in the South China Sea
The discovery of a new radar system on China’s Triton Island military base shows that Beijing is rapidly developing its intelligence capacities in contested waters, write John Pollock and Damien Symon …
China’s coast guard joins military drills, raising risk of escalation
The world’s largest maritime law enforcement agency played an unprecedented role in Chinese military drills around Taiwan, simulating a blockade of the island.
Japan’s Ishiba sends offering to Yasukuni Shrine, angering S.Korea, China
Japanese Prime Minister Shigeru Ishiba sent an offering to Tokyo’s Yasukuni Shrine, his office said on Thursday, drawing criticism from South Korea and China which view the shrine as a symbol of Japan’s militaristic past.
Absolut Vodka Maker Pernod Ricard Posts Lower Sales as Weakness in China, U.S. Drags On
French distiller Pernod Ricard experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.
Why China Plans Its Biggest Push in Years to Cut Hidden Debt
Finance Minister Lan Fo’an announced in October that China would soon launch its largest effort in years to address risks from local-authority debt. That’s stoked expectations for a massive swap of so-called hidden debt that…
Iron Ore Slumps Toward $100 After Housing Briefing in Beijing
That’s nearly doubles the scale of spending as Beijing bids to ease the real-estate crisis.
Intel faces headwinds in China as trade body calls for security probe
The Cybersecurity Association of China accused the U.S. chipmaker of threatening national security as well as consumer interests and rights.
