China’s pension system is in danger of running out of cash within a decade due to severe underfunding. Now it faces a new threat: Tens of millions of mostly young workers are refusing to pay…
Tagged By beijing
China Development Bank releases $255 mln for Nigeria rail project
China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states of Kano and Kaduna, the bank said, ahead of a visit to the West African…
The crypto market tanks 8.8% amid escalating macro fears and global pandemic threats
The crypto market is telling a fearful story, reminiscent of the period between 2019 and 2023. It’s Russia and Ukraine all over again, but this time with Iran and Israel – basically, the Middle East…
China Warns US of “Unjust Suppression” After Tencent, CATL Added to Sanctions List
Tensions between the United States and China have escalated after Washington added two major Chinese companies to its list of entities connected to the Chinese military. The U.S. Department of Defense …
Winter surge in respiratory illness in China and elsewhere not unusual, WHO says
Rising cases of common respiratory illnesses in China and elsewhere around the Northern Hemisphere are within the range expected for winter, with no unusual outbreaks reported, the World Health Organization said.
Beijing renews EV subsidy to spur sales, keeps size of incentive unchanged from 2024
A renewal of the subsidy has been anticipated by dealers and car buyers,” said Chen Jinzhu, CEO of Shanghai Mingliang Auto Service, a consultancy. “The official announcement came earlier than expected and it would help…
China expects increase in New Year travel numbers, despite economic doldrums
China expects an increase in the number of people joining the coming Lunar New Year travel rush, with authorities estimating a record 9 billion domestic trips will be made during the 40-day period of festivities,
China expands ‘cash for clunkers’ scheme to rice cookers and microwaves
China has expanded a programme to subsidise consumers who trade in old appliances such as air conditioners and washing machines as policymakers strive to counter weak consumption in the world’s second-largest economy.
Shein condemned by MPs as fast fashion firm dodges questions over forced labour conditions in China
MPs had summoned the company, along with McDonald’s, Tesco and Temu, to discuss labour rights concerns and committee chairman Liam Byrne stated they were “horrified by the lack of evidence” provided …
HMPV expert gives verdict on virus’s connection to Covid-19 as China faces new outbreak
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights…
China’s super-rich eye the exit as leaders brace for economic shock
China’s leaders are bracing for shocks to the economy from higher tariffs threatened by US President-elect Donald Trump once he takes office. Millionaires, meanwhile, are relocating. View on euronews …
China counts on microwaves, rice cookers to revive economic growth
China has added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to revive…
China outbreak ‘threatens to spread abroad’ as expert issues chilling warning
EXCLUSIVE: An expert has warned China to watch for anything unusual and urged Beijing to share information as soon as possible as the country grapples with a virus outbreak.
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