BEIJING — China’s top economic planner on Tuesday unveiled a series of detailed measures including tax reductions and cutting red tape to boost the private economy after a general guideline was …
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China unveils detailed measures to bolster private economy
Column: China’s weak PMI means good news for commodities, for now
Bad news for China’s economy appears to spell good news for commodities, with prices of copper and iron ore gaining on hopes for new stimulus measures after yet another weak indicator.
China curbs drone exports over ‘national security concerns’
China will place export controls on drone and drone equipment in order to “safeguard national security and interests,” its commerce ministry announced Monday, in a move that could impact the war in Ukraine.
Rain pelts Beijing, northern China for fourth day, killing at least 11
Relentless rain stretched into a fourth day in Beijing and nearby cities on Tuesday as a weakening typhoon brought non-stop precipitation and widespread flooding to northern China, so far claiming 11 lives.
China allocates $15.35 mln for rescue work in Beijing-Tianjin-Hebei after heavy rains- state media
China’s finance ministry and emergency management ministry on Tuesday allocated 110 million yuan ($15.35 million) for rescue work in the Beijing-Tianjin-Hebei area after heavy rains, CCTV news reported.
11 dead and 27 missing in flooding around Beijing after days of rain, Chinese state media report
Chinese state media report 11 people have died and 27 are missing as rains flood the capital, Beijing, and the mountains surrounding it.
Biden to Sign Executive Order Restricting US Tech Investments in China’s Key Sectors
US President Joe Biden is poised to sign an executive order aimed at curbing critical U.S. technology investments in China
China’s Manufacturing Slumps, Dragging Down Asia Factories
China’s manufacturing contracted in July, rippling through factories across Asia and signaling any turnaround in the region could still be far off.The Caixin manufacturing purchasing managers index …
China issues new round of COVID-19 vaccination plan for key groups
As the XBB subvariants of Omicron have become predominant in the country, the plan prioritizes the inoculation of vaccines that are effective against the highly immune-evasive XBB subvariants to brace for the upcoming autumn and…
China should act decisively to pull ‘sputtering’ economy back from the brink, says Cornell professor
Beijing doesn’t want to send a signal that it is in “panicky mode yet,” as policymakers want to show confidence that “they can manage the economic situation.”
China wants to mobilise entire nation in counter-espionage
China should encourage its citizens to join counter-espionage work, including creating channels for individuals to report suspicious activity as well as commending and rewarding them, the state security ministry said on Tuesday.
Yum China sticks to plan to open up to 1,300 new stores this year -CEO
Yum China Holdings , owner of the KFC and Pizza Hut chains in mainland China, plans to stick to a goal of opening up to 1,300 stores in 2023, as it still sees growth opportunities…
Toyota nearly doubles Q1 profit, China remains challenging
Toyota nearly doubled its operating profit in the first quarter, the Japanese automaker said on Tuesday, helped by increased sales and productivity as well as the tailwind from the weaker yen. “Sales volumes across all…
