After Beijing ordered Chinese cities to buy newly-completed apartments and turn them into affordable housing, the first steps they took were to unveil plans to broaden eligibility for subsidies and …
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Recent Posts
Analysis-China tries to hit more birds with one stone in property rescue push
China to Boost Funding to Reduce Emissions at Coal Power Plants
China is planning to increase financial support for projects to reduce emissions at coal power plants through methods including burning biomass and green ammonia.
China Puts Power of State Behind AI—and Risks Strangling It
SINGAPORE—As American tech giants pull ahead in the artificial-intelligence race, China is turning to an old playbook to compete: putting the vast resources of the state behind Chinese companies.But the heavy hand of China’s government…
A tech stock with a name sounding like ‘Trump’s Big Win’ surged by the maximum in China after the Pennsylvania assassination attempt
Wisesoft stock surged 10% after former President Trump survived an assassination attempt. Wisesoft, known as a meme stock in China, often sees price jumps linked to Trump events. Chinese retail …
China tries to hit more birds with one stone in property rescue push
After Beijing ordered Chinese cities to buy newly-completed apartments and turn them into affordable housing, the first steps they took were to unveil plans to broaden eligibility for subsidies and …
China’s top insurer Ping An seeks to raise US$3.5 billion via convertible bond sale
Ping An Insurance (Group), China’s largest insurer by market capitalisation … The group intends to use the proceeds to further develop its core business, strengthen its capital position, support new strategic initiatives in the healthcare…
As the US reels from the Trump assassination attempt, China sees weakness
Saturday’s attack once again fed common narratives held in China about the US, including the idea that it’s a massive, chaotic “Gotham City.”
US Tariffs at 60% Would Halve China’s Growth Rate, UBS Says
New tariffs of 60% on all Chinese exports to the US would more than halve China’s annual growth rate, according to new research from UBS Group AG, underscoring the risks for Beijing if former President…
Loneliness in China spurs growth of companionship economy
The psychology major at a university in south-western Sichuan province started working part-time as a “pei liao” – or conversation buddy – in April 2023, a few months after China abruptly lifted its …
Beijing shuts train lines as rain arrives in China’s north
BEIJING, July 16 (Reuters) – Beijing temporarily shut on Tuesday numerous train lines in the suburban areas around the Chinese capital after issuing an early warning for thunderstorms and flash floods …
Gaps in ceasefire talks bridgeable as Hamas and Fatah prepare to meet in Beijing next week
US military confirms Houthi attacks on vessels in Red Sea • Former captive in Gaza calls for hostages’ release …
UNICEF, WHO call for step-up in child vaccinations stalled after COVID-19 pandemic
Two UN agencies on Monday called for a catch-up in child immunization, warning global vaccinations of children stalled last year, leaving 2.7 million unvaccinated or with insufficient inoculations.
Foreign carmakers in China face ‘increasingly precarious’ position, consultancy says
New tariffs on Chinese EVs don’t help foreign automakers stay competitive, especially in the lucrative China market, says business consultancy AlixPartners.
