China’s consumer prices posted their first annual decline in more than two years in July, while factory gate prices extended their falls, data showed on Wednesday, as lacklustre demand weighed on the …
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China’s consumer prices swing into decline as deflation risks build
Mother of US navy sailor accused of spying urged him to work with China, court hears
Jinchao Wei’s mother told her son providing information could help him get a job with Chinese government, prosecution says …
Despite Faltering Economy, China Unlikely to Disrupt Aid to North Korea
China’s economic aid to Pyongyang is driven by self-interest as it competes with Washington’s deepening bonds with Seoul and Tokyo …
US Navy sailor’s mom encouraged him to pass military details to China, prosecutor says
A federal prosecutor has told a judge that the mother of a U.S. Navy sailor charged with providing sensitive military information to China encouraged him to cooperate with a Chinese intelligence …
China’s Property Ills Worsen as Former Biggest Builder Wobbles
Country Garden Holdings Co.’s stock and bonds plunged, with short-sellers swarming over China’s sixth-largest developer by sales, as scrutiny intensified over its operations and ability to meet debt payments.
China exports plummet to lowest point since start of COVID pandemic as US firms turn away from rival amid tensions
Exports fell to $281.8 billion as the decline accelerated from June’s 12.4% fall, the latest customs data showed.
China has a 31-point plan for private sector to kick-start economy. But are bruised business owners buying it?
After years of regulatory clampdowns and Covid curbs, China’s battered private sector is being urged to step up to the plate as the economy falters Despite top entrepreneurs’ chorus of support for 31-point action plan…
China’s CanSino in mRNA vaccine deal with AstraZeneca
AstraZeneca did not have an immediate comment on the announcement. In China, which has relied on locally produced COVID-19 vaccines rather than allowing mRNA products from foreign manufacturers to be …
Sailors accused of spying for China both detained without bond
Two Navy sailors accused of spying for China, Jinchao “Patrick” Wei and Wenheng Zhao, were denied bond during detention hearings in California on Tuesday.
China wants to limit facial recognition use, with exceptions
China is cracking down on the private industry’s use of facial detection software, while leaving room for the government to use it.
China’s exports are falling, and that’s a bad sign for the global economy
China’s exports fell 14.5% in July. The country’s trade data is a barometer for consumer spending around the world.
China’s record high 21% youth unemployment could actually be as high as 46.5%. Blame fake jobs and 16 million workers ‘lying flat’
In an attempt to fix misleading unemployment data, China is cracking down on universities that fudge employment numbers for their graduates.
Marketmind: China Seen Sliding Into Deflation
Moody’s cut ratings on 10 small- to mid-sized lenders by one notch and placed six banking giants on review for potential downgrades. After coming within 5% of their lifetime highs last month, the S&P …
