China was hit by another major food scandal, this time involving cooking oil in chemical tanks. State media found that tank trucks were delivering chemicals and edible oil interchangeably without …
Tagged By beijing
China’s Guangzhou R&F Properties faces liquidation petition in Hong Kong
Chinese property developer Guangzhou R&F Properties said on Tuesday its unit Trillion Glory had received a winding-up petition from a Singapore-based private equity fund due to non-repayment of a loan …
REUTERS NEXT-DBS CEO says Trump will be open to cutting deals, which could suit China
SINGAPORE (Reuters) -Singapore bank DBS Group’s CEO Piyush Gupta said on Tuesday U.S. presidential candidate Donald Trump, if he wins, would be open to cutting deals, which could suit China. Gupta, …
To counter China, NATO and its Asian partners are moving closer under US leadership
In the third year of the war in Ukraine, NATO is set to deepen relations with its four Indo-Pacific partners, which, although not part of the military alliance, are gaining prominence as Russia and …
End Chinese immunity against U.S. lawsuits, COVID commission says, but invokes strange statistics
Heritage Foundation-convened commission with Republican and Democratic members blames China for excess deaths caused by U.S. policy decisions, claims long COVID affects “at least” 10-20% of people.
China plans to raise minimum capital ratio for solar PV manufacturing to 30%
China’s industry ministry issued on Tuesday a draft rule increasing the minimum capital ratio for solar photovoltaic (PV) manufacturing projects to 30%.
Gridlock in China: huge spending on network to cope with green energy surge
During the first four months of this year alone, China invested Rmb122.9bn (US$17bn) in its power grid projects, a 24.9 per cent year-on-year increase. That compares with the $3.5bn spend announced last October by US…
China’s BYD plans $894 mln EV parts project, state media says
Chinese electric vehicle manufacturer BYD has signed an agreement to build a factory for core parts of new energy vehicles with total investment of 6.5 billion yuan ($894.2 million), state-backed …
National Security: Louisiana Sen. Kennedy Calls To Halt AI Microchip Exports To China
Louisiana Senator John Kennedy urged the Biden administration Monday to take immediate action in halting the transport of advanced artificial intelligence (AI) microchips to China. This call to action comes amidst growing concerns over national…
Lay-offs by China’s top firms in key industries show unemployment biting through economic turmoil
A Post review of 23 annual reports from leading Chinese firms found that more than half downsized last year, while others slashed staff-related expenses.
China’s $1.6 Trillion LGFV Bond Market Shrinks by Most in Years
China’s local government financing vehicles are chipping away at their $1.6 trillion pile of debt, as regulators aim to curb the sector’s credit risk.
GM’s China brands down sharply in second quarter
GM and other outside automakers have been struggling to compete in a country with an array of new and affordable EV offerings.
Milk Tea Craze Is Bringing Out All China’s Wrongs
People still spend money on small indulgences during economic downturns. If Chanel lipstick is the go-to item for women, milk tea drinks are soothing China’s urban youth, who are dealing with stubbornly high unemployment.
