This puts Beijing in a bit of a pickle. China has been banking on the idea that consumers will pick up the slack in a weakening economy. Just last week, officials announced new stimulus measures…
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Japan calls China’s military activity its biggest strategic challenge
China’s economy slows as consumers tighten belts, US tariff risks mount
China’s strong GDP figures, delivery robots riding Shenzhen subway: SCMP daily highlights
Australian PM Albanese meets Chinese President Xi in Beijing
Chinese President Xi Jinping meets SCO Foreign Ministers in Beijing, calls for stronger regional cooperation and stability
China’s balancing act: Will Beijing help Iran rebuild its defenses?
Gillian Chung unveils lavish Beijing residence on TV show
Recent Posts
China’s Food Is Only Going to Get Pricier
Chinese Government Releases Blockchain-Based Platform for Paying Bills
The Chinese government together with Alipay is rolling out a blockchain-based platform for paying bills, a first for the Zhejiang province. Currently only available in Zhejiang, the platform will be … ( read original story…
China Mobile opens bid for 5G rollout worth $2 billion
It has become clear that openness and cooperation will be an irreversible trend in the 5G era, and countries advocating for fair and healthy competition will eventually succeed in the 5G race, … ( read…
Ericsson, Nokia secure key 5G contracts in China
A booth showcasing 5G technology is pictured at an industry expo in Beijing. [Photo/China Daily] The news came after China Mobile, the world’s largest telecom operator by mobile subscribers, announced … ( read original story…
Beijing’s hand behind move to suspend Hong Kong bill
“It is out of Hong Kong’s control,” one senior government official told the Financial Times late last week as Beijing deliberated whether Mrs Lam should proceed or not. At a press conference called on ……
Chinese regulators will restructure Baoshang Bank as soon as possible
SHANGHAI (Reuters) – The Chinese government’s takeover of Baoshang Bank has caused some pain but prevented bigger financial and social instability, and regulators will restructure the lender as soon … ( read original story …)
China’s FedEx probe should not be seen as retaliation: Xinhua
SHANGHAI (Reuters) – China’s investigation into FedEx Corp over misdirected mail should not be regarded as retaliation against the U.S. company, state news agency Xinhua said on Sunday … ( read original story …)
When Trudeau sought to free 2 Canadians, ‘Beijing had no time’ for him. Will Trump?
With Justin Trudeau’s calls for the release of two detained Canadians in China going unheeded by one superpower, the Canadian prime minister is now seeking help from another. Whether the economic … ( read original…
China approves three new IPOs
BEIJING, June 16 (Xinhua) — China’s securities regulator has approved the initial public offering (IPO) applications of three companies. Guangdong-based MARUBI Biotechnology Co., Ltd, Zhejiang-based … ( read original story …)
Economist’s ‘pig’ quip sets China abuzz
Was the furore in China — amplified by outraged state media and a local … Local rivals of UBS, which have been trying to wrest business from more established Western wealth managers, were quick to…
China says reached ‘broad consensus’ with U.N. after Xinjiang visit
China has been condemned internationally for setting up the detention complexes, which it describes as “education training centers” helping to stamp out extremism and give people new skills. … ( read original story …)
Hong Kong hits ‘pause’ on China extradition bill in an attempt to restore calm
Hong Kong’s leader suspended efforts to pass a bill allowing extraditions to China, in a dramatic reversal … announced the legislative “pause” at a news conference Saturday, even as … ( read original story …)
Forced or Not? Why U.S. Says China Steals Technology
It’s one of the most contentious fronts in the U.S.-China trade war: so-called forced technology transfers. The term refers to a spectrum of practices through which foreign companies that want to … ( read original…
