“I’m not surprised that China will invest a lot in Indonesia, including [Nusantara], because the Indonesian minister of investment has said that doing business with China is easy and they are not …
Recent Posts
China vows to treat foreign firms equally amid industrial upgrade push
China pledged on Monday to treat foreign companies the same way as domestic peers in a bid to attract more foreign investment, cooperation and expertise, as Asia’s largest economy moves to upgrade and …
How Guizhou’s computing power will drive fresh growth
The scale of China’s core computing power industry reached 1.8 trillion yuan ($250 billion) in 2022, said the China Academy of Information and Communications Technology, a think tank. Every yuan …
Yuan rebounds as China central bank sends strong message of support via fixing
Support for the yuan is vital for its stability this year with the Chinese economy still facing a slew of woes. Read more at straitstimes.com.
China’s finance minister sets 2024 priorities for high-quality development
China has set its deficit-to-GDP ratio at 3 percent for 2024, which means 4.06 trillion yuan (about $572 billion) in deficit, according to this year’s government work report. This figure is 180 …
China’s new guidelines will block Intel and AMD chips in government computers: FT
Government agencies above the township level told to include criteria requiring “safe and reliable” processors and operating systems when making purchases, FT said.
Philippines defence minister dares China to put maritime sovereignty claim to arbitration
The Philippines Defence Secretary on Monday dared China to take its claims of sovereignty in the South China Sea to international arbitration, and said Manila would not budge on its position.
China to safeguard equal treatment for foreign-funded firms
China will safeguard equal treatment for foreign-funded firms, so that more foreign-funded enterprises can invest in the country with confidence and peace of mind, said Commerce Vice Minister Guo …
China Evergrande to Withdraw Offshore Debt-Restructuring Applications
China Evergrande Group is withdrawing its applications for Chapter 15 offshore debt restructuring filed in the U.S.
Owner of well-known Chinese spicy snack brand keeps family wealth secret from son until he is in 20s, wants him to be down-to-earth
The son of a multimillionaire in China, who is the heir to a successful family business, was not aware of the fact until after he graduated from university because his father did not want him…
China 2024 grain imports seen near record high
China spent $234 billion on agriculture imports last year and is the world’s biggest soybean buyer, taking more than 60% of the oilseed shipped worldwide, mostly from Brazil and the United States.
Security law brings Hong Kong’s future as business hub into question
The value of the Hang Seng index – Hong Kong’s crown jewel – has fallen by more than 40% since 2019. India overtook it in January to become the world’s fourth-largest stock market …
China Uses Surprise Data Announcements to Counter Economic Gloom
Chinese officials have alighted on a cheap, new type of stimulus: Making early disclosures on flattering economic news that can lift markets and help shape a positive narrative on their nation’s …