China has introduced a requirement for state-owned developers to avoid defaulting on publicly issued debt, in the latest attempt by authorities to contain the nation’s prolonged property crisis.
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China News Live: China’s foreign ministry to hold daily news conference
Welcome to our live blog tracking the latest news and developments from China. Stay updated with real-time insights into the country’s economy, politics, civic issues, and security situation.
Chinese mainland, HK launch Payment Connect, with first real-time cross-boundary transaction done in Shenzhen
The Payment Connect was officially launched between the Chinese mainland and Hong Kong on Sunday. It marks the interconnection of the faster payment system between the Chinese mainland and tSAR), …
China Land Sales Income Hits Decade Low, Widening Budget Deficit
China’s revenue from selling land plunged to the lowest in a decade, contributing to the widening of budget deficit as the government ramped up spending in support of the economy.
China’s Hellobike sets up new robotaxi firm with Ant Group, CATL
China’s bike-sharing platform Hellobike announced on Monday the setup of a new robotaxi firm jointly with Ant Group and CATL. The three parties have invested over 3 billion yuan ($417.40 million) in …
Blockchain Alliance International Launches Asia-Pacific Digital Economy Initiative in Hong Kong
Blockchain Alliance International (BAI), a New York-based non-profit organization in special consultative status with the United Nations Economic and Social Council (ECOSOC), is proud to announce the …
Hong Kong Web3 group issues blueprint for accelerating blockchain development
Web3 Harbour, in collaboration with PwC Hong Kong, will launch five action groups in August on stablecoins, funds and other critical segments In a call to action for greater investment to accelerate …
My small American town was perfect for growing up, but not for building a career. So I moved to China.
Emory Babb, 32, never thought he would live outside the US. He’s learned that for those looking to build something, there’s real opportunity in China.
Honda supplier rethinks China relationship as trade war bites
TOKYO] As the US-China trade war expands into the auto, steel and rare earths sectors, few companies are feeling the pressure more than top Japanese car parts supplier Daido Steel. Read more at The …
Small businesses, big tariffs: young Hong Kong entrepreneurs amid US-China trade war
Amid the volatility of US President Donald Trump’s policies, business owners are trying to adapt while honouring their company mission.
China says US attack on Iran has damaged its credibility
China said the United States attack on Iran’s nuclear facilities has damaged its credibility and it was concerned that the situation “may go out of control”, its state broadcaster reported, following …
Beijing’s magnet grip: bureacracy and power in rare earth showdown
In a hulking grey building just east of Tiananmen square in Beijing, a small team in China’s Ministry of Commerce is deciding the fate of the global auto industry, one rare …
Secretary Rubio: I Would Encourage Beijing To Ask Iran Not To Close Strait Of Hormuz
Secretary of State Marco Rubio advised China, during an interview with FNC’s Maria Bartiromo, to call the Iranians and beg them not to shut down the flow of oil through the Strait of Hormuz. MARIA…
