Officials from China and Cambodia broke ground on a controversial, Chinese-funded upgrade of a naval base in southern Cambodia on Wednesday, with Beijing’s envoy in the country calling military …
Posts By admin
China May crude oil imports edge up 12% from year ago
China’s crude oil imports rose nearly 12% in May from a low base in a year earlier, although refiners were still battling high inventories with COVID-19 lockdowns and a slowing economy weighing on …
China’s May imports from Russia jump nearly 80% amid Western sanctions on Moscow
China’s imports from Russia soared again in May, a boon for Moscow as it reels from the impact of Western sanctions over the war in Ukraine, while Chinese shipments to Russia fell for the third…
Buick To Launch Five New EVs In China By 2025, Including Two In 2022
GM’s most popular brand in China embarks on an accelerated transformation toward an electric future in the world’s largest car market.
China’s leather industry logs steady growth in first four months
China’s leather industry registered stable expansion in the first four months of the year, data from the Ministry of Industry and Information Technology showed. The combined operating revenue of major …
As China maintains its ‘zero-COVID’ policy, virus testing becomes the new normal
Major cities have been told to set up testing stations within a 15-minute walk for all residents. Beijing and Shanghai alone have put up 10,000 or more each.
Parts of Shanghai return to lockdown, Beijing district shuts entertainment venues
Shanghai and Beijing went back on fresh COVID-19 alert on Thursday after parts of China’s largest economic hub started imposing new lockdown restrictions while the most populous district in the …
Shanghai bucks trend as China land demand sinks
Land demand from China’s developers mostly decreased in the first round of auctions held by major cities this year, with fewer cities seeing price gains, but sales in Shanghai rebounded following its …
Credit Suisse Taps Brakes on China Expansion, Delays Local Bank
Credit Suisse Group AG is tapping the brakes on its China expansion, postponing its biggest mainland project, in a sign that weakness in Asia’s largest economy is prompting global banks to temper …
China’s growth momentum expected to rebound: economist
Despite challenges ahead, China’s growth momentum is expected to rebound in the second half of the year as a result of the government’s stimulus plans, Ibrahim Chowdhury, World Bank senior economist …
China’s economy is likely to grow ‘barely more’ than the UK’s this year, says economist
Simon Baptist of The Economist Intelligence Unit says it expects China’s economy to grow by only 4% this year, as it’s in a “really weak state.” …
Caving to China Won’t Fix Biden’s Inflation Crisis
America has a severe inflation problem. We feel it every time we go to the grocery store, or a restaurant, renew an apartment lease or fill up our car—our paychecks …
China’s Southern Strategy
Toward this end, starting in the mid-1950s, Beijing provided technical and financial assistance to revolutionary and anticolonial liberation movements in the Third World. China’s own domestic turmoil …
