President Xi Jinping triggered the upheaval in 2020 when Beijing imposed strict limits on real-estate lending to dampen speculation and let some of the air out of a dangerous asset-price bubble. Defaults by heavily indebted…
Recent Posts
Biden calls China economy a ‘ticking time bomb,’ misstates GDP growth
U.S. President Joe Biden on Thursday called China a “ticking time bomb” because of economic challenges including weak growth, but misquoted the country’s growth rate. “They have got some problems. That’s not good because when…
China’s tech chiefs fear falling ‘five generations behind’ US as democracies tighten screws
China’s microchip companies could fall “at least five generations behind” their U.S. rivals due to President Joe Biden’s export controls on semiconductor technology, a top fear for Chinese executives.
Chengdu Universiade | From Beijing to Shenzhen to Chengdu, Universiade shows a changing China
The Chengdu Universiade was originally scheduled for the summer of 2021, but was ultimately pushed back until 2023 due to the COVID-19 pandemic …
Beijing Unleashing Tourism Invasion Even While Seeking To Restrict Movement of Top Taiwanese Official
Communist China is suddenly opening up its doors for an exodus of huge tour groups that once inundated nearby Asian countries and filled up flights
Biden’s ‘ticking time bomb’ remark referred to China’s internal tensions -White House
President Joe Biden’s comment about China being a “ticking time bomb” referred to internal economic and social tensions that could have an effect on how Beijing interacts with the world, a White House official said…
Analysis-China avoids climate change discussion despite extreme weather
Record heat and historic floods in China this summer have failed to ignite domestic public debate about how the world’s top carbon polluter can mitigate climate change, leaving campaigners frustrated at an opportunity missed.
Strange, 300,000-year-old jawbone unearthed in China may come from vanished human lineage
Fragments of a jaw bone unearthed in China have a mosaic of features that are present in both modern and archaic humans, making it difficult to place on the human evolutionary tree.
China’s July new bank loans tumble to 345.9 bln yuan, well below forecasts
BEIJING, Aug 11 (Reuters) – Chinese banks extended 345.9 billion … after record lending in the first half as the central bank tried to underpin a faltering economic recovery. Broad M2 money supply …
WHO Terms Eris ‘Variant Of Concern’ After Surge In Covid-19 Cases In United States And China
The EG.5 ‘Eris’ variant of coronavirus, which is most prevalent in the United States, so far is responsible for an estimated 17% of cases and therefore is considered as a priamry cause behind the recent surge in Covid-19 cases.
Typhoon Doksuri’s aftermath: Deadly floods ravage China’s northern province of Hebei
Severe inundations in China’s northern province of Hebei, triggered by the residual impacts of Typhoon Doksuri earlier this month, have resulted in the loss of at least 29 lives.
China bank lending slumps in July against weakening economy, credit backdrop
China’s new bank loans in July sank to the lowest level since late 2009 against a backdrop of weaker credit even as the nation’s policymakers trimmed interest rates and pledged more support for the …
China’s private firms facing persistent problem of overdue payments despite Beijing’s pledge to support key sector
Beijing has pledged to build the private economy, which it views as the backbone of the economy, ‘bigger, better and stronger’, but firms are owed an increasing amount of money from the government and state-owned…