BEIJING (Reuters) – China will increase the incomes of low-income groups and expand middle class over the 2021-2025 period, Ning Jizhe, the vice head of the National Development and Reform Commission, … ( read original…
Featured Posts Title
Ex-NY governors’ aide goes on trial on charges she sold influence to China, got kickbacks for masks
The 2026 APEC Economic Leaders’ Meeting will be held in Shenzhen
China moves into Venezuela as Maduro regime gets Beijing lifeline amid US tensions
Hands-on with the Honor Magic8 Pro camera in Shenzhen, China
China buys more Brazil soybeans as US purchases stall
China-Held Territory in Range of US Ally’s New Anti-Ship Missiles
Shenzhen Expressway Co Engages in Strategic Financial Transactions
Recent Posts
China to Increase Incomes, Expand Middle Class in 2021-2025 State Planner Official
Shanghai could be the world’s biggest IPO market this year. But holding that title will be tough
Shanghai is on track to steal the global IPO crown this year, bolstering a drive by Beijing to reduce its reliance on foreign financial markets and giving China a powerful one-two fundraising punch … (…
AM Best Assigns Credit Ratings to Bank of China Group Insurance Company Limited
AM Best has assigned a Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” to the Bank of China Group Insurance Company Limited (BOCGI) (Hong Kong). The outlook … (…
China Pledges Quality Growth, Tech Powerhouse in 5-Year Plan
China unveiled the first glimpses of its economic plans for the next five years, promising to build the nation into a technological powerhouse as it emphasized quality growth over speed. ( read original story …)
‘Corona-freed’ Taiwan celebrates gay pride
Taiwan has staged its gay pride rally, 200 days free of local coronavirus infections. Some 130,000 celebrated the island nation’s vanguard role on same-sex in Asia, but this year’s turnout was smaller … ( read…
$1.1 Billion Crypto Ponzi: Masterminds of Wotoken Head to Prison in China
A Chinese court has confirmed the sentencing of the masterminds behind the 7.7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. The Intermediate People’s Court of … ( read original story …)
China Should Take Part in Creating Global Regulatory Framework for Digital Currency, Xi Says
Chinese President Jinping Xi said China should proactively participate in creating the … events and information services company for the crypto asset and blockchain technology community. Its mandate … ( read original story …)
China Should Take Part in Creating Regulatory Framework for Digital Currency, Xi Says
Chinese President Jinping Xi said China should proactively participate in creating the … events and information services company for the crypto asset and blockchain technology community. Its mandate … ( read original story …)
China local authority warns of coronavirus on packaging of imported Brazilian pork
Packaging on a batch of frozen pork imported from Brazil which had entered a district in Eastern China’s Shandong province has tested positive for the coronavirus, the local government said. ( read original story …)
Mike Pompeo pledges US support for Asian allies that resist China
The US secretary of state denounced Beijing’s “unlawful” claims in the South China Sea yesterday as he continued a tour of southern Asia aimed at bolstering resistance to the country’s influence in … ( read…
Argentina joins Beijing’s Asian bank
Both government and opposition approve membership. Argentina is the third Latin American country to join the institution after Ecuador and Uruguay. Buenos Aires is under pressure to settle its debts w … ( read original…
How China can be more self-sufficient in tech development
Beijing needs to adapt its investment system for higher efficiency and less waste, with greater public-private cooperation. As long as the investment system stays on track, we can be optimistic about … ( read original…
Shenzhen moves closer to its rail traffic era
Phase 3 of Line 2, Phase 3 of Line 3 and Phase 1 of Line 8 of Shenzhen subway and Phase 3 of Line 4 of the Hong Kong MTR (Shenzhen) were opened on Oct.…
