The developer said its core profit last year was 22.44 billion yuan (US$3.52 billion), up by a fifth from 2020, as it avoided the debt crises engulfing several of its peers.
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China’s Top Spy Chief Warns A.I. Is a Threat to Party Rule
China can now stop citizens from leaving over technology security risks: Who could face a three-year ban?
China tightens travel restrictions for citizens
CNBC’s The China Connection newsletter: Tech controls expand to employees
China rejects AI slowdown calls as Trump dismisses guardrails
China pushes back on calls for an AI slowdown as Trump-Xi meeting looms
China also thinks AI could kill us. But first, it wants to match the US
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Developer Longfor Group posts 20 per cent profit rise for 2021, avoiding debt crisis engulfing China’s property market
China’s Bank of Communications Boss Warns of Tough Year Ahead
The president of China’s Bank of Communications Co Ltd (BoCom), on Friday warned it will be difficult for the lender to deliver satisfactory earnings this year. “This year has been the most complex …
China’s Bank of Communications annual profit up 11.9%, beats estimates
China’s Bank of Communications Co Ltd (BoCom) 601328.SS, 3328.HK reported a full-year profit rise of 11.9% on Friday, beating estimates. China’s sixth largest commercial bank by assets reported a full …
China’s Bank of Communications Q4 profit falls 9.2per cent
China’s Bank of Communications Co Ltd (BoCom), reported a 9.2per cent drop in fourth-quarter net profit on Friday.China’s sixth-largest commercial bank by assets reported a net profit of 23.2 billion …
Imports from China slip 7.2% to USD 65.21 billion in 2020-21
Imports from China declined 7.2 percent to USD 65.21 billion in 2020-21 from USD 70.31 billion in 2018-19, while India’s exports to China rose 26 percent to USD 21.18 billion in 2020-21 from USD 16.75…
China’s JD Logistics seals US$1.1 billion capital increase, stock drops 11%
China’s JD Logistics priced new shares issued on Friday (Mar 25) in a US$1.1 billion capital increase at a steep discount to their previous close, triggering a slump in its stock early in the Kong …
Australian journalist Chen Lei to face court in Beijing on Thursday, sources say
Lei, who was detained in 2020, was arrested and charged with illegally supplying state secrets overseas …
A Harder Line with Beijing? Let’s Hope Not.
It was hoped at the outset that high-level meetings this week between Washington and Beijing might go some way toward bringing the crisis in Ukraine to an end.
Don’t allow other countries to influence Beijing’s foreign policy towards India: EAM to Chinese FM
Two days after Chinese Foreign Minister Wang Yi described Pakistan as his “second home”, he was told by India that Beijing should follow an independent foreign policy towards New Delhi and not be …
Russia says it will accept bitcoin for its oil and gas exports from ‘friendly’ countries like China and Turkey
Energy minister Pavel Zavalny said the national currency of friendly buyer countries — like the yuan or lira — are also being considered for use in trade.
Zimbabwean trade organization applauds signing of protocol to export citrus fruit to China
This shows a fruit vendor Richard Dzimiri going about his work in Bulawayo, Zimbabwe, Oct. 21, 2020. (Xinhua/Tafara Mugwara) The signing of a Memorandum of Understanding (MoU) between China and …
The Best Places to Live for Crypto Traders and Miners
From El Salvador, the first country to make Bitcoin legal tender, to Singapore, where crypto investors don’t have to pay capital gains tax, here are some of the most crypto-friendly places.
China battling ‘severe and complex’ Covid-19 outbreak
China is battle its worst Covid-19 outbreak, driven by the Omicron variant, with health officials calling the situation “severe and complex”. The country has counted more than 56,000 cases since March …
