Bao Fan is still cooperating in an investigation carried out by Chinese authorities, China Renaissance says in an exchange filing. The banker had worked on many high profile mergers in China’s tech …
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Malele fires Shanghai Shenhua past Shenzhen in CSL
Malele broke the deadlock in the 28th minute with a header, and his flick-on allowed China international Wu Xi to double Shenhua’s advantage …
China sends ships and fighter jets toward Taiwan in new show of force
Taiwan’s defense ministry said the Chinese People’s Liberation Army sent 33 warplanes and 6 navy vessels between 6 a.m. Wednesday to 6 a.m. Thursday. The J-10 and J-16 fighter jets flew across the midline and…
What are China’s ‘sponge cities’ and why aren’t they stopping the floods?
China has been hit by devastating floods in recent weeks, inundating cities and causing deaths and infrastructural damage, as well as raising questions about the effectiveness of its 2015 “sponge city” initiative aimed at reducing…
China taps thinner coal seams as energy security drives push for fossil fuel
The coal seam shearer, developed by the Shanghai Research Institute of China Coal Technology and Engineering Group Corporation (CCTEG), can be used on a coal bed as thin as 1.3 metres (4.3 feet), according to…
China’s falling prices are a more profound problem than U.S. inflation
The problems in China’s economy may also be a result of covid-19, but they are distinct — and perhaps more drastic. The country’s stringent response to the pandemic — the “zero covid” policy that …
China stocks fall as consumer prices drop for the first time in more than 2 years
China’s consumer price index fell for the first time in over two years, posting a 0.3% year-on-year drop in July, but rose 0.2% month-on-month. Economists polled by Reuters expected July CPI to drop 0 …
Beijing’s flooding death toll rises to 33, with 18 still missing
The death toll from recent flooding in China’s capital rose to 33, including five rescuers, and another 18 people are missing, officials said Wednesday. Much of the country’s north remains threatened by unusually heavy rainfall.
Biden administration announces new bans on investments in China meant to protect national security
President Joe Biden’s administration detailed new rules Wednesday limiting US investments in advanced technology industries in China in an effort to protect national security at a moment of heightened tension with Beijing.
Deflation in China: Why Prices Are Falling and What Beijing Can Do
China is now clearly dealing with a deflation threat. Consumer and producer prices fell together for the first time since 2020, adding to concerns about the health of the world’s second-largest economy.
End of China’s economic boom gives U.S. an opening to gain clout in Latin America | Opinion
A major new development could put a halt to China’s growing economic influence in Latin America and gradually increase America’s clout in the region: the end of China’s economic boom.
Explainer: What are China’s ‘sponge cities’ and why aren’t they stopping the floods?
China has been hit by devastating floods in recent weeks, inundating cities and causing deaths and infrastructural damage, as well as raising questions about the effectiveness of its 2015 “sponge city” initiative aimed at reducing…
China’s Economy Isn’t Ailing—It’s ‘Evolving’: IPO Lawyers Told to Watch Their Language
Authorities’ recent guidance has sown confusion over what Chinese companies should say.