China’s push for “common prosperity”, as President Xi Jinping aims to decrease inequality in the world’s second-largest economy, does not mean “killing the rich to help the poor”, a ruling Communist …
BUSINESS
Indebted China Evergrande expects H1 profit to plunge as much as 39%; shares slip
China Evergrande Group (3333.HK), the country’s most indebted property developer, said late on Wednesday it expected its six-month net profit to slump as much as 39% from a year earlier, dragged by a …
China criticises U.S. ‘scapegoating’ over COVID origin report
“at-above-post addthis_tool” data-url=” Gabriel Crossley and Michael Martina BEIJING/WASHINGTON (Reuters) -China on Wednesday criticized the U.S. “politicization” of efforts to trace the origin of the …
Rental market in China embraces opportunity, needs revamping Rental market in China embraces opportunity, needs revamping
Affordable housing is a perennial problem for urban residents in China, especially for newcomers. But new government policies that encourage the construction of rental housing are intended to address …
Urban Outfitters to Exit China Market
Urban Outfitters is the latest international mass market brand to see their plans hit a snag in the China market. Urban Outfitters …
US frozen beef exports to China surge, adding to Canberra-Beijing tensions but boosting trade deal
US exported US$107 million worth of frozen beef to China in July, compared to just US$35 million from traditional export destination Australia.
Bitcoin Mining Difficulty Rises, Extending Recovery After China Crackdown
Despite the increase in Bitcoin mining difficulty, the environment remains profitable as cryptocurrencies rally, industry experts say.
China criticises U.S. ‘scapegoating’ as COVID origin report to be released
China criticised on Wednesday the U.S. “politicization” of efforts to trace the origin of the coronavirus, demanding without any evidence that U.S. labs be investigated, ahead of the release of a U.S.
Former Cisco CEO says he is ‘not investing in China’
Long-time Cisco CEO John Chambers says businesses need to be very careful right now in their dealings with China.
China sets ‘dormant’ policy for enterprises for the 1st time
China will enable enterprises to have a “dormant” period for the first time in its new regulation on market entity registration, a senior official from the State Administration for Market Regulation …
Crypto Scammer Goes Missing After Cheating 1,500 Out Of $119M Dogecoin
The suspect has gone missing after collecting 1 billion TL ($119,140,730) in Dogecoin from about 1,500 people.
Kamala Harris takes tougher line on China, calls out ‘bullying’ as administration reviews trade policy
Vice President Kamala Harris took a strong stance against aggressive Chinese action in the South China Sea as the Biden administration continues reviewing the U.S.-China trade policy.
China builds cross-border finance blockchain platform
China has established a digital finance service platform to leverage blockchain technology to spur the development of a China-Europe c …
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