China lottery ticket sales reached 37329 billion yuan about 5879 billion US dollars in 2021 up 118 percent year on year da …
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China must brace for ‘digital cold war’ with US as battle for tech supremacy heats up
The digital economy will be the next battleground for strategic competition among powers, a top Chinese think tank says, and Beijing must be prepared for stronger restrictions on American technology.
China braces for Omicron driven supply chain disruptions
As the rapidly spreading Omicron variant continues to cast shadows over the world, China is certainly facing an unnerving test in its fight against the virus, in an attempt to mitigate further …
Can Fund Managers Really Ignore China Issues Any Longer?
A firestorm over investor Chamath Palihapatiya’s comments are calling attention to a big blind spot many billionaires seem to have on Beijing.
Explained: How India and China prepare their annual budgets
China essentially has had four budgets since 2015, but only calculates its official fiscal deficit based on one of them, while India’s is made over a period of six months with the Budget Division of…
Beijing lectures Alibaba, Tencent, other Big Tech firms on gig workers’ rights despite progress from last year
Beijing has told 11 internet platforms including Alibaba Group Holding and Tencent Holdings to better protect gig workers’ rights as the government continues its scrutiny of Big Tech firms in an area …
What next for EU ties as ‘shocked’ Beijing lashes out at Slovenia over Taiwan office plans?
Slovenia’s plans to open a Taiwan office looks likely to provoke a “shocked” Beijing into yet another diplomatic spat despite hopes of mending ties with the European Union, analysts said. This comes …
China Evergrande’s offshore debt, assets could be separated in restructuring: Report
Financial intelligence provider REDD said on Friday the provincial government in Guangdong, where Evergrande is based, aimed to release a framework de..
China armtwists Pakistan to compensate Chinese workers killed in Dasu Dam terror attack
Under Beijing pressure the Economic Coordination Committee ECC of Pakistan has approved the compensation of USD 116 million to the families of the Chines …
IMF Chief Warns China On Repercussions Of Lockdowns, Asks It To Asses Zero-COVID Policy
The International Monetary Fund has raised a warning against China’s zero-COVID approach, saying that the hardline policy risks damaging the global economy.
Sri Lanka – China’s dept trap- A geo-strategy
American statesman John Adams famously said,“There are two ways to conquer and enslave a country: One is by the sword; the other is by debt.” Chi …
China central bank lowers SLF rates by 10 basis points
China’s central bank said on Friday it had cut rates on its standing lending facility (SLF) loans by 10 basis points effective Jan. 17.In a response to Reuters questions, the People’s Bank of China …
China can achieve economic growth of around 5.5 per cent in 2022 : Cabinet adviser
BEIJING: China will be able to achieve economic growth of around 5.5 per cent in 2022, Zhu Guangyao, an adviser to China’s cabinet, said on Friday (Jan 21), in a rosier prediction than market …