William Lai’s stopovers in New York and San Francisco on his way to Paraguay have riled China.
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Heavy rains bring deadly flash flood and landslide to northwest China
At least 21 people are dead and six others missing after a flash flood and landslide following torrential rains in the outskirts of northwestern China’s Xi’an city, local authorities said Sunday.
Asahi beer’s mainland China expansion targets Shanghai and Shenzhen before widening retail footprint across the country
Japanese beer company Asahi plans to widen its footprint in mainland China, targeting major cities like Shanghai and Shenzhen in the initial phase before a nationwide expansion in the world’s largest …
Middle school in China under fire for telling girls not to ‘behave flirtatiously’ to avoid sexual harassment
A controversial lesson on sexual harassment at a middle school in southern China has stirred online debate about victim-blaming, with many criticizing both the school and what they say is an …
China Shadow Banking Giant Alarms Investors With Missed Payments
One of China’s largest private wealth managers is triggering fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield products.
China sends finance experts to tackle regions’ debts
Since 2015 China has undertaken repeated attempts to curb debt issuance by LGFVs, which ballooned as infrastructure and property spending fuelled booming economic growth but resulted in many …
Praised by Elon Musk, top Chinese EV maker BYD urges China’s car brands to go global and ‘demolish the old legends’
Tesla CEO Elon Musk no longer laughs at BYD. The Chinese electric-vehicle maker is handily beating Tesla in China, the world’s largest auto market, and it’s expanding internationally. Now BYD is …
Joe Biden Has a China Problem
China’s economy has fallen into a period of deflation. Its consumer price index (CPI) fell by .3% in July. Its imports and exports fell sharper than expected last month. Tesla triggered a price war in…
China releases plan to lure more foreign investment as economy falters
A worker produces textile products for export at a workshop of a company in Lianyungang city, Jiangsu province, China, August 9, 2023. CFOTO/Future Publishing via Getty Images China’s State Council …
A Crypto Mystery: Who Controls This Stablecoin?
The market cap of TrueUSD has more than doubled since March, but some investors are concerned about its opaque ownership structure.
When Tragedy Strikes in China, the Government Cracks Down on Grief
Xi Jinping, China’s current paramount leader … the whistle-blower who had warned the public of the coronavirus. “We have always known that our speech is not free, our voice is not free. Yet we do…
Global rice prices could surge higher as flood risks loom over China
Global rice markets could come under further strain as the world’s leading producer China grapples with heavy rain and flood risks, according to Fitch Ratings.
Asia suffers China blues; dollar hits 2023 top on yen
Asian shares struggled on Monday ahead of China data that is likely to amplify the case for serious stimulus even as Beijing seems deaf to the calls, while rising Treasury yields lifted the dollar to…