China’s services sector expansion slowed in May, a private sector survey showed on Thursday, with weaker overseas demand and increased costs putting pressure on businesses.
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US-China economic talks put spotlight on yuan exchange rate as currency continues to surge
The strength of the yuan is likely to renew attention on how China manages its exchange rate amid negotiations with the United States, analysts say.
China-US relations: economic chiefs Liu He, Janet Yellen in virtual talks
Candid’ exchange includes discussion of macro economic situation and importance of bilateral relationship, according to Xinhua.
China reports 24 new coronavirus cases on June 2 vs 24 previous day
China on Thursday reported 24 new coronavirus cases on the mainland for June 2, the same number as a day earlier, the country’s health authority said in a statement. Of the new infections, nine were…
Analysis: China seeks to milk the milk market but doesn’t have enough cows
China has come to crave milk. Demand that had been steadily growing has spiked further after doctors touted its health benefits amid the coronavirus pandemic and dairy firms across the country have …
Will Huawei’s Android knockoff appease China’s technology hawks?
Huawei hopes HarmonyOS will help it stage a comeback after US sanctions blocked the Chinese phone maker from using the officially licensed version of Google’s Android operating system.
Report: How Chinese Investors Kept Trading Despite Government’s Crypto Crackdown
A report revealed that traders based in China opted to bypass local crypto laws to continue trading cryptocurrencies. What …
Herd of 15 Asian elephants nearing capital of China’s Yunnan province
A herd of 15 Asian elephants that have trekked more than 300 miles across China approached the capital city of the province of Yunnan on Wednesday.
China’s Hot New Export Could Be Stagflation
China could soon be exporting stagflation to the world, warns John Authers. If Beijing tries to solve its little inflation problem by letting its currency jump, then that could lo …
Russia and China ‘sense weakness’ and are testing Biden: Fred Fleitz
Former NSC Chief of Staff Fred Fleitz said Wednesday that U.S. foreign adversaries, such as China and Russia, are testing President Biden and his administration with recent actions, including a …
Gold medalist skater on Beijing Olympics boycott calls: Team USA should go, focus on ‘purity of sport’
Olympic gold medalist and retired speed skating athlete Apolo Ohno told “Varney & Co.” Wednesday the United States should compete in the Beijing Winter Olympics next year in response to growing calls …
Beijing Bureau Chief Alice Su Wins Osborn Elliott Prize for Excellence in Journalism
Times Beijing Bureau Chief Alice Su has won the 2021 Osborn Elliott Prize for Excellence in Journalism on Asia for her coverage of China during 2020.
Today In Payments: Beijing Offers Lottery For Digital Yuan Pilot; Mitek Acquires ID R&D To Fight Identity Fraud
In today’s top news, Beijing is holding a $6.2 million lottery to pilot its digital yuan, and Mitek has acquired ID R&D to fight identity fraud.
