Typhoon Talim became the first typhoon to make landfall in China this year on Monday evening, prompting authorities to issue flood warnings, cancel flights and trains, and order people to stay at home.
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China’s property market is shrinking at a faster pace, dragging further on the economy
Property sales dropped 28.1% in June, while investment in the sector also took a hit, as GDP growth in the second quarter disappointed.
China boosts R&D for computing power infrastructure amid US technology blockage
A staff member inspects the operating status of the micro module room in Guian Data Center of China Unicom in Guian New Area, southwest China’s Guizhou Province, on May 23, 2023. Photo: Xinhua …
CHINA UNICOM Chair Said to be Transferred to National Data Bureau as First Head
Chairman and CEO Liu Liehong will be transferred to the National Data Bureau as the first head, Sina Tech reported.
Thanks to communism, China’s economy may never outpace American dominance
Despite the Biden administration’s humiliating displays of homage to the bureaucrats in Beijing, the Chinese Communist Party may very well need the grace and favor of the West, and the United States …
China Evergrande liabilities fall in 2022, but board sees doubt as ‘going concern’
China Evergrande’s (EGRNF) total assets slid by 13%, outpacing its total liabilities decline of 5.5% in 2022, the debt-hobbled Chinese property developer disclosed in its …
US expected to get around China’s export controls on gallium, an essential component for American military radar tech
Academic expects ‘temporary friction or slight cost increases as the market adjusts’ but disruption would be limited as Washington finds alternative source.
Brand collabs overload: Are solo launches the ultimate luxury?
Amid a flurry of brand collaborations, some luxury labels are shunning the hype train. But can they afford to miss out on the marketing exposure and revenue?
Luxury fashion houses slump amid fears of China spending slowdown
The world’s largest luxury fashion houses have taken a tumble as fears mount over a spending slowdown in China. Shares in Richemont, the owner of Cartier, fell more than 9pc to their lowest level in…
Where Is China’s Foreign Minister? Beijing Won’t Clear Up the Mystery.
Qin Gang has not made a public appearance in three weeks. The Communist Party’s habitual secrecy around top officials has fueled speculation over the reasons for his absence.
Global temperatures soar as US, China renew climate diplomacy
Global temperatures headed towards alarming highs and extreme weather proliferated as the world’s two biggest polluters, China and the United States, sought on Monday to reignite climate talks. With scientists saying the target of keeping…
Kerry praises China’s efforts on renewables, urges easing of coal plant expansion
U.S. special climate envoy John Kerry started his three-day mission to China by praising the communist country for expanding renewables while urging them to end its building of new coal-fired plants.
Democrat, Republican senators agree expansion of NATO into Asia ‘inevitable’ amid growing China concern
Sens. Tammy Duckworth and Dan Sullivan argued that Russia’s war in Ukraine strengthened NATO, and agreed that expansion into Asia is “inevitable.”