TAIYUAN — A total of 84,000 5G base stations have been built up in Shanxi, a major coal-producing province in North China, according to a digital economy development summit held in the provincial …
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84,000 5G base stations built up in China’s Shanxi
China bans seafood from Japan after Fukushima nuclear plant releases nuclear wastewater into Pacific
Shortly after China’s announcement, TEPCO President Tomoaki Kobayakawa said his company would compensate Japanese business owners for damages suffered by seafood bans over the wastewater release. Some …
Young people drive Shenzhen’s night economy
The night economy in Shenzhen has shown a significant upward trend in recent months, leading the country in consumption by young people. According to domestic food-delivery giant Meituan, nighttime …
China’s Xi: BRICS Expansion Injects New Vitality to Group’s Cooperation
The BRICS group of nations reached a broad consensus to invite six countries – Argentina, Egypt, Iran, Ethiopia, Saudi Arabia and the United Arab Emirates – to join, in a move aimed at growing the…
Analysis: Stimulus or bust: Investors staying out of China until the spending starts
Global investors fleeing China have one simple message for the country’s leadership: put prudence aside for a short while, and start spending big.
How China Made Its Housing Crisis Worse
Years of inattention to building an adequate safety net for seniors, the jobless and others in financial stress have left Chinese consumers afraid to spend.
China will be ‘excluded from key talks’ at AI safety summit
China is set to be invited to an AI safety summit in Britain this autumn but will be excluded from key elements, The Times has learnt.The meeting, which will take place in early November at…
China’s stock market reels from record stretch of capital exodus
International investors pulled almost $11 billion from Chinese stocks over the 13 days through Wednesday. That’s the longest stretch of outflows in data going back to 2016, according to Bloomberg.
China suspends all seafood imports from Japan after treated radioactive water is released from Fukushima
China’s customs agency said in a statement that this was to “comprehensively prevent the risk of radioactive contamination of food safety, protect the health of Chinese consumers, and ensure the …
China bans seafood from Japan after the Fukushima nuclear plant begins its wastewater release
Japan’s tsunami-wrecked Fukushima Daiichi nuclear power plant has begun releasing its first batch of treated radioactive water into the Pacific Ocean
China’s banking institutions report growth in total assets
China’s banking financial institutions saw an increase in total assets, data from the National Financial Regulatory Administration showed. This was reported by …
Insurer AIA posts rise in new business value as China reopens post COVID
By Rishav Chatterjee (Reuters) -Asia-focused insurer AIA Group Ltd on Thursday reported a 37% rise in the value of its new business in the first-half, beating estimates, as sales rebounded in its key …
Penny-wise Hongkongers ditch city to shop, dine and play in Shenzhen, leaving local businesses high and dry
Trend of Hongkongers taking trips across the border leaves city’s F&B sector bemoaning loss of business Shenzhen restaurant managers, drivers and masseuses say influx of weekend visitors is big boost …