With a raft of measures to lure investors and modernise China’s innovation hub, Shenzhen’s policymakers are moving to counter trade protectionism and tech decoupling Between Washington’s tech siege …
Recent Posts
Huobi Exchange Sees Heavy Outflows Amid Insolvency, China Investigation Rumors
Huobi saw a staggering $64 million worth of outflows over the weekend, which resulted in the exchange’s total value Locked (TVL) nosediving to 2.5 billion from its $3.09 value last month, based on the …
China Foreign Investment Gauge at 25-Year Low Amid High Tensions
One measure of new foreign investment in China fell to the lowest level in 25 years in the second quarter, fueling concerns about how much geopolitical tensions and the economy’s slowing recovery can hurt business…
High-tech contributes hugely in Doksuri rescue missions
Technologies like drones, emergency telecommunication vehicles and satellite phones have all played a vital role in the process of rebuilding the rescue communication “lifeline” of the major …
Banking on the mainland
When China announced the country’s surprise reopening in January, every business sector in Thailand responded enthusiastically to the news, particularly the tourism industry, which earned more than …
A sports star. An actor. Now a top diplomat: Why do China’s public figures keep disappearing?
Alibaba billionaire Jack Ma has rarely been seen in public since he criticized China’s financial regulators. Qin Gang, one of China’s most powerful diplomats, disappeared in late June. Sometimes the …
China’s exports likely contracted further in July, imports downturn seen slowing
BEIJING: China’s exports likely contracted further in July, as manufacturers in the world’s second-largest economy struggled for buyers in markets grappling with high inflation and rising interest …
Chinese maker of 1,000 km EV battery plans IPO by 2025
Beijing WeLion New Energy Technology, a Chinese maker of long-range electric vehicle batteries, including one capable of going 1,000 kilometers (620 miles) on a charge, plans to go public as soon as …
China: At least 20 dead as Beijing suffers ‘worst rainfall in at least 140 years’
Beijing has recorded its heaviest rainfall in 140 years over the past few days, leaving at least 20 people dead and an unknown number trapped by the severe floods that have hit the city and…
Deadly floods hit China’s major grain-producing region, fueling food security concerns
Days of heavy rain have caused severe flooding in China’s leading grain-producing region in the northeast, killing 14 people and raising concerns about food security as floodwater inundated farmlands.
The most interesting part of China’s stimulus announcement was the omission of a key phrase that ignited the 2020 crackdown on the real-estate sector
President Xi Jinping famously said “Houses are for living in and not for speculation” in October 2017, which kicked off measures to cool a red-hot property market.
Chinese property developer Yuzhou unveils offshore debt restructuring plan, says has not defaulted on onshore debt
Sunac China Holdings, and Shimao Group who are also seeking a revamp of their financial structures as sector conditions continue to deteriorate even as authorities roll out supportive policies. The …
Shares of China’s second largest chip foundry Hua Hong jump 13% in Shanghai debut
Shares of Chinese chipmaker Hua Hong jumped 13% at the open during its debut on Shanghai Stock Exchange’s Nasdaq-style Star Market on Monday.
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