Nestlé plans to close a plant in Ireland that makes baby formula, citing a sharp drop in China’s birth rate, in a fresh example of the far-reaching implications of China’s demographic crisis.
NEWS
China’s new home prices extend declines, defying broader recovery
China’s new home prices fell for the third straight month in September, official data showed on Thursday, dashing hopes of a turnaround in demand during a traditionally peak home buying period despite efforts to revive…
Philips CEO: China business, supply chain undergoing major changes
Making more products for China locally and buying chips from several suppliers are just two of the supply chain changes Dutch healthcare technology firm Philips is making due to rising trade tensions,
Did China’s top general just signal a restart in Beijing’s military diplomacy?
It will be the first in-person gathering of the event in four years, following the lifting of China’s strict Covid-19 restrictions at the start of the year. Li was last seen in public during a…
China ‘Deeply Disappointed’ After US Blocks Gaza Resolution at UN
U.S. vetoed resolution calling for a humanitarian pause in the hostilities in the Israeli-Palestinian conflict.
China’s housing market struggle will weigh on global growth
The persistent weakness in the housing market is hobbling China’s economic recovery. The country’s gross domestic product expanded by a better-than-expected 4.9% in the third quarter, according to the NBS on Wednesday. That growth was…
China’s Xi seeks swift end to Israel-Hamas conflict, calls for two-state solution
A two-state solution to establish an independent Palestine is the “fundamental way out” of the Israel-Hamas conflict, Xi Jinping said Thursday in the Chinese leader’s first public comments on the war …
Putin’s prominence and the shadow of conflict: Key takeaways from China’s Belt and Road Forum
A two-day global gathering billed as China’s “most important diplomatic event” of the year wrapped up in the Chinese capital on Wednesday, with Beijing touting its outsized role in world development – …
Another ASML tool hit by US export curbs, China at 46% of sales
The chief executive of Dutch semiconductor equipment maker ASML Holding NV said one more of its products falls under new export restrictions rules affecting China announced by the U.S. this week. The …
Newsom goes against the political grain with China trip
Gavin Newsom has said he’s solely focused on climate policy and wouldn’t do anything to undermine the administration’s delicate relations with China.
PM Kishida seeks dialogue with China on opposing nuclear weapons use
The annual forum, which is the first in-person meeting to be held in four years due to the COVID-19 pandemic, is scheduled to discuss issues related to Japan-China cooperation, with working together …
Members of Chilean delegation in China test positive for Covid-19
Various members of the Chilean delegation touring China ahead of the III Forum of the Belt and Road International Cooperation have tested positive for Covid-19 although President Gabriel Boric Font’s …
Shenzhen becomes China’s new semiconductor hub
Shenzhen, where Huawei and Tencent’s headquarters are situated, has become the center of China’s semiconductor industry. As more and more local semiconductor companies choose to set up shop in the …