China’s domestic tourism revenue is expected to fall by 52% to 2.76 trillion yuan ($394 billion) in 2020, according to a report by the China Tourism Academy, as the industry continues to reel from the…
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Olympic champion swimmer Cameron McEvoy breaks the 50-meter freestyle world record
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Three men charged with illegally smuggling advanced AI chips into China
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Beijing’s Big Problem: An Incredible Shrinking Economy
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China’s domestic travel revenue likely to halve to $394 billion in 2020: report
Manufacturing is ‘fine’, but China needs to boost domestic demand: analyst
As some manufacturers see fewer U.S. orders in the lead up to Christmas, China may need to consider more stimulus measures or a rate cut to locally absorb excess product demand, says Ronald Wan from…
Hong Kong protests: Carrie Lam says calling 12 detained in Shenzhen democracy activists an attempt to distract from wanted status
Hong Kong’s embattled leader attempted to “set the record straight” on Tuesday, saying politicians who describe the 12 city residents now detained in mainland China as oppressed democracy activists … ( read original story …)
U.S.-China decoupling is underway — but complete divorce is ‘almost impossible,’ says ex-Chinese minister
Companies from the U.S. and other countries have shown little interest in pulling out of China, said Chen Deming, who headed China’s commerce ministry from 2007 to 2013. ( read original story …)
GLOBAL MARKETS-Asian stocks gain as upbeat China data lifts mood
Asian equities advanced on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. ( read original story …)
Fee bonanza on China’s STAR Market IPOs passes by Western banks
A fee bonanza on China’s Nasdaq-style STAR Market, which is set to surge with Ant Group’s mega-listing, is passing Western banks by due to their limited local presence and worries about a unique … (…
Beijing Enterprises Holdings Limited — Moody’s assigns Baa1 to Beijing Enterprises Holdings’ proposed Euro bond
Moody’s assigns Baa1 to Beijing Enterprises Holdings’ proposed Euro bondRead the full article at Moody’s … ( read original story …)
John Boyega Drops Jo Malone Ambassador Title After Brand Removes ‘Star Wars’ Actor From China Ad
John Boyega will no longer represent London cosmetics brand Jo Malone, he announced Monday. “I don’t have time for nonsense. We press on and strong. Stay blessed people,” he … ( read original story …)
China Says 12 Fleeing Hongkongers Held in Shenzhen Are ‘Separatists’
Twelve activists detained in the southern Chinese city of Shenzhen after they tried to flee Hong Kong in a speedboat have been accused of “separatism” by a foreign ministry spokeswoman in Beijing. ( read original…
Trump administration blocks some Xinjiang goods from China suspected of being made with slave labor
The Trump administration issued new import restrictions on Monday against Chinese companies it accuses of using slave labor, including products from suspected mass prison camps in China’s western … ( read original story …)
China’s foreign trade, foreign investment better than expected: stats bureau
China’s foreign trade and investment performance has been better than expected, the spokesman for China’s statistics bureau said on Tuesday. ( read original story …)
China coronavirus vaccine may be ready for public in November – official
Coronavirus vaccines being developed in China may be ready for use by the general public as early as November, an official with the China Centre for Disease Control and Prevention (CDC) said. ( read original…
China’s August property investment growth hits 16-month high
China’s real estate investment rose at the fastest pace in 16 months in August, supported by robust sales, as the property market helped underpin the post-COVID economic recovery. Real estate … ( read original story…
