Fingers stiff and faces frozen into scowling death masks, my friend and I greeted one another like everyone does in Beijing these days, by talking about how cold we were. His knees were numb after…
Recent Posts
China lifts ban on Taiwanese grouper fish imports in carrot and stick diplomacy
China will resume importing grouper fish from Taiwan from Friday, the Chinese government announced, just one day after angering Taipei with the ending of tariff cuts on some chemical imports less than …
Tencent, Netease shares plummet on new China online gaming guidelines
Tencent and Netease shares plunged on Friday after China released draft guidelines aimed at curbing incentives that may lead to excessive gaming and spending.
Shenzhen’s Exports to Likely Top Chinese Cities for 31st Straight Year
(Yicai) Dec. 22 — Shenzhen in China’s southern Guangdong province will likely continue to top Chinese cities in exports for the 31st consecutive year, thanks to local private companies and the …
Boeing’s first Dreamliner delivery to China since 2019 to land Friday
Boeing’s first direct delivery of a 787 Dreamliner to China since 2019 is set to land in Shanghai on Friday, a step that could hasten the end of China’s freeze on deliveries of the firm’s…
China’s 2024 steel demand to fall 1.7%, exports to slow – state researcher
China’s steel demand in 2023 will decline by 3.3% from 2022 and contract a further 1.7% in 2024, a state researcher forecast on Friday, weighed down by a significant drop in construction activity. The …
Biting cold to loosen grip as temperatures to creep higher in China
After almost two weeks of below-freezing weather brought by a cold wave that swept through most of China, a round of warm air will begin to flow from the country’s north to south lifting temperatures…
China’s 2024 steel demand to fall 1.7% from this year – state researcher
China’s steel demand in 2023 will decline by 3.3% from 2022 and contract a further 1.7% in 2024, a state researcher forecast on Friday, weighed down by a significant drop in construction activity.
Bank of China, Agricultural Bank cut interest rates on some deposits
Bank of China and the Agricultural Bank of China have cut interest rates on some deposits from Friday, according to the banks’ websites.Rates for 1-year and 2-year time deposits were cut by 10 basis …
China and Russia have almost completely abandoned the US dollar in bilateral trade as the push to de-dollarize intensifies
China and Russia have more than 90% de-dollarized their bilateral trade, according to Russia’s prime minister.
US, China top military officials speak for first time in over a year
The top U.S. military officer held a virtual meeting with his Chinese counterpart on Thursday, the Pentagon said, in the first such conversation in over a year amid hopes by U.S. officials that it …
China Outlook 2024: D.C. Is Wrong – Transformed VCs Will Fund Tech Breakthroughs, Qiming’s Gary Rieschel Says
Chinese entrepreneurs are now looking at the overseas market much earlier in their life cycle,” long-time investor says …
China’s EV and chip giants need workers — not necessarily college grads
China’s vocational school push is producing workers the country’s electric car and semiconductor industries want to hire.