China’s budget deficit continued to contract so far this year, as government revenue grew from a favorable comparison base in Covid-hit 2022 while spending declined.
Featured Posts Title
City Vibes in the Heart of Shenzhen
China rolls out its version of the H-1B visa to attract foreign tech workers
Analysis-China’s internet firms cautiously revive lending as Beijing pushes consumer loans
City Reflection and Palm Trees in Shenzhen
How the US overtook China as Africa’s biggest foreign investor
Pacific island nation embarrasses Xi, angers China
Fearing vulnerability to China, Europe has a new worry: Electric buses
Recent Posts
China Shrinks Budget Deficit Again in Weak Support for Growth
IPO candidate Shein under fire by Temu—again—over alleged bullying, intimidating suppliers in new lawsuit
As Sequoia Capital China-backed Shein nears a long-awaited IPO in the U.S., the hurdles it’s facing continue to stack up. The latest is the anticompetitive lawsuit that Chinese e-commerce platform …
China’s risky maneuvers around the US military are part of a long-running plan to use ‘the enemy to train the troops’
China’s method of “using the enemy to train the troops” has obvious risks, but Beijing also sees benefits in getting up close with US forces.
US Ally’s Ominous Warning About China Flashpoint
Jose Manuel Romualdez, Philippine ambassador to the United States, warned that ongoing skirmishes between Philippine and Chinese vessels in the South China Sea could trigger a significant conflict at …
Global coal demand set to fall as China uses more renewables
Global coal demand is likely to have peaked this year, and could drop by about 2% over the next three years as China brings more renewable energy sources online, the International Energy Agency said …
China’s Economy Shows Signs of Losing Further Momentum
China’s economy showed some renewed signs of weaknesses as key gauges for consumption and investment missed expectations, while Beijing continues to grapple with challenges including a drawn-out …
Don’t Buy China’s November Recovery
China’s economic data is a mess right now. That means better-than-expected growth figures for November, released Friday, should be viewed skeptically. The big picture: Home prices fell further, …
Fighting reported to be continuing in northern Myanmar despite China saying it arranged a cease-fire
Reports from Myanmar say there is continuing fighting in the northeastof the country between the military government and an alliance of ethnic minority armed groups.
China reports fastest industrial expansion in nearly 2 years; retail sales growth misses estimates
China posted its biggest industrial output expansion since February 2022 in November, though retail sales growth underwhelmed expectations, pointing to a patchy recovery in the world’s second-largest …
Indian Solar Industry Still Heavily Reliant on Chinese Imports
Indian imports of solar power equipment have risen rapidly this year, and the country is still highly reliant on foreign suppliers despite Prime Minister Narendra Modi’s efforts to increase …
Mitsubishi’s CEO on EVs and how to compete with China
CNN’s Marc Stewart takes a drive with Mitsubishi CEO Takao Kato in Tokyo to discuss the company’s future amid stiff competition from China.
China Mobile Hong Kong Unveils Free NFT Marketplace “LinkNFT” and Introduces Metaverse Virtual Metropolis in Hong Kong
China Mobile Hong Kong (“CMHK” or “the Company”) officially announces the launch of LinkNFT, a free marketplace for Non-Fungible Tokens (NFTs), making it the first telecommunications company in Hong …
Weather tracker: first snow of winter in Beijing causes widespread disruption
Transport hit in Chinese capital as cold spell expected to continue across north of country through weekend
ADVERTISEMENT
