Young Chinese aged between 18 to 34 are saving more money every month for their retirement, which brought up the savings-to-income ratio by 5 percent to 25 percent in 2020, compared to a year ago,…
Featured Posts Title
‘Takaichi cannot retract her statement and Beijing knows that’: Why China-Japan spat unlikely to be resolved soon
Trump wades into China and Japan’s escalating dispute over Taiwan
How one passenger’s ordeal reveals tensions beneath China’s growing ties with India
China launches Shenzhou 22 spacecraft to assist in return of 3 stranded astronauts
China Makes Huge Nuclear Leap in World First for Clean Energy
China criticizes Japan’s plan to deploy missiles on island near Taiwan
‘Return’ to China not an option for Taiwan’s people, premier says responding to Xi
Recent Posts
Younger Chinese shift from spending to saving amid COVID-19
China still committed to Africa despite Covid-19 disruption, minister says
Pandemic’s economic impact is ‘temporary difficulty’, head of foreign ministry’s African department says before Forum on China-Africa Cooperation meeting Strengthening cooperation with the continent …
First ‘robotaxis’ enter service in Beijing
It looks like a normal car but the white taxi by the kerb has nobody driving it, and communicates with customers digitally to obtain directions and take payment.
U.S. Lawmakers Say Taiwan ‘On the Rise’ as They Ignore China Warnings to Visit Country
“The fortitude & determination of the people, led by their dynamic (frankly, kick-ass) President, is downright inspiring,” Rep. Elissa Slotkin, a Democrat from Michigan said.
Japan approves extra defence spending amid concerns over China’s rising power
Japan’s cabinet has signed off a $6.8bn package of extra defence spending as new prime minister Fumio Kishida signals his concern about China’s rising power. In an unusual move that will take defence …
Beijing presses Didi to delist from U.S. over data security fears – sources
HONG KONG/SHANGHAI (Reuters) -Chinese regulators have pressed top executives of ride hailing giant Didi Global Inc to devise a plan to delist from the New York Stock Exchange due to concerns about …
China central bank gives nod to set up credit-scoring JV backed by Ant, state firms
China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba’s fintech affiliate Ant Group and other firms. The new venture, …
China Mulls Launching Digital Yuan-Based Exchange in Beijing
China is considering establishing an exchange for trading digital assets in Beijing. As part of the State Council’s plan to support financial services in the capital, the exchange will also serve to …
China Holds Foreign Business Promotion Day In Hong Kong
Liu Guangyuan, the Commissioner of the Chinese Ministry of Foreign Affairs, said China was committed to “inclusive and balanced” globalisation.
Shenzhen Park Cultural Season activities kick off in Luohu
Luohu district started organizing activities from Nov 21 as part of the Shenzhen Park Cultural Season. The opening ceremony of the serial activities was held in the Taojin Hill Greenway on the day.
China Eastern Airlines holds online exchange between Chinese, Italian Gen-Zers
Chinese and Italian Gen-Zers had a close look at each other at an online exchange activity held by China Eastern Airlines (CEA) on Nov. 24. The exchange activity, titled CEAir On Air, was joined by…
China’s October Li2CO3 imports, LiOH exports rise
China’s lithium carbonate imports and lithium hydroxide exports increased in October from a year earlier, in response to robust demand from the lithium-ion battery industry. China imported 10,476t of …
Chinese Crypto News Site ChainNews Shuts Down
ChainNews, one of China’s top crypto news sites, shuttered its operations today, co-founder Feng Liu told CoinDesk in a Twitter message. Earlier Friday the co-founder announced the closure in his …
