A softening real estate market and the growing popularity of electric vehicles have contributed to a drop in oil consumption.
Tagged By beijing
Grand lantern fair lights up Beijing as people celebrate the Moon Festival
Thousands flocked into a park in southwest of Beijing for a grand lantern fair with creative lanterns of varying sizes.
Chinese Public Reacts After Beijing Raises Retirement Age
On Friday, the Standing Committee of the 14th National People’s Congress, China’s top legislative body, approved the decision to phase in the new statutory retirement ages. Men’s retirement age is set …
German warships visit the Philippines amid its South China Sea clashes after angering Beijing by sailing through the Taiwan Strait
The German Navy ships recently passed through the Taiwan Strait for the first time in over 20 years, defying China’s warnings.
Live news: Bank of America hires Citi’s chief accounting officer
Bank of America has poached Citigroup’s chief accounting officer Johnbull Okpara to act in the same position. Okpara is replacing Rudolf Bless, who has been in that role at BofA for nearly a decade.
Direct India-China flights could take off again after 4-year halt amid thaw in frosty ties
Industry players say resuming flights is a sensible move as India and China’s economies are ‘intermeshed with each other’.
China prepares for 1st launch of new Long March 8A rocket
China’s new Long March 8A rocket could fly for the first time by the end of the year, helping the country build a number of planned satellite megaconstellation.
China’s Best Growth Target May Be None at All
Another round of disappointing data make Xi Jinping’s economic objectives even more of a stretch. There’s an argument for scrapping such edicts.
China to raise its retirement age for the first time in 7 decades amid demographic crisis
China on Friday announced plans to raise its retirement age for the first time since the 1950s, addressing its aging population and mounting pension crisis. The new policy, set to take effect in 2025,
Midea Shares Rise 4.9% in Hong Kong Gray-Market Trading
Chinese appliance maker Midea Group Co.’s shares gained as much as 4.9% in gray-market trading ahead of their Tuesday debut in Hong Kong.
China is finding creative ways to bypass U.S. restrictions on AI chips
CNBC’s Seema Mody joins ‘The Exchange’ to report on how China is bypassing U.S. regulations to obtain industry-leading AI chips.
DEA shutting down two offices in China even as agency struggles to stem flow of fentanyl chemicals
The U.S. Drug Enforcement Administration is closing two of its offices in China, a move that comes even as the agency struggles to disrupt the flow of precursor chemicals from the country that have …
Where now for China after economy lost momentum ‘across the board’ in August?
China’s economic data in August largely disappointed, pointing to difficulties in meeting Beijing’s annual growth target China released key economic data for August on Saturday, including key retail …
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