China’s yuan eased against the dollar on the first trading day of the year on Tuesday, pressured by rising bets of monetary easing after factory activity reinforced the uneven nature of the recovery …
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China’s Xi Is Resurrecting Mao’s ‘Continuous Revolution’ With a Twist
The Chinese leader has made his corruption purge—with millions punished—a pillar of his rule. It risks paralyzing his party amid the greatest period of economic uncertainty in a generation.
China’s Factory Activity Picks Up, Private Survey Shows
A private gauge of China’s factory activity gained momentum in December, contrasting with official data that suggested the outlook for the nation’s manufacturers remains fragile.
China Restores Coal Tariffs in Threat to Russian Exporters
China has restored import levies on coal from the beginning of the year, a move that could threaten Russian exporters dependent on the world’s largest market for the fuel. The tariffs were removed in …
China factory activity growth accelerates in Dec – Caixin PMI
China’s factory activity expanded at a quicker pace in December due to stronger gains in output and new orders, but business confidence for 2024 remained subdued, a private-sector survey showed on …
China sees robust travel, tourism demand during New Year’s Day holiday
Travel in China flourished over the three-day New Year’s holiday, with 135 million domestic tourist trips, up 155% from last year, while domestic tourism revenue rose to 79.73 billion yuan ($11.23 billion),
Blockchain Platform IOST Reports Mainnet Surpassing 300 Million Block Height and 800K Accounts
The IOST development team has been dedicated “to continuous innovation and optimization through a series of version updates.” …
Baidu scraps $3.6 billion deal for JOYY’s China live-streaming unit
Baidu has terminated its planned $3.6 billion acquisition of Nasdaq-listed JOYY Inc’s live-streaming business in China, the company said on Monday in a filing with the Hong Kong stock exchange. The …
Netherlands blocks ASML exports to China in partial license revocation
(Reuters) -Chip machine manufacturer ASML on Monday said the Dutch government had partially revoked an export license for the shipment of some chip-making equipment to China, following U.S. export …
China’s Changxin Memory delays IPO, eyeing valuation of $19.5bn
BEIJING: Chinese chip maker Changxin Memory Technologies Inc (CXMT) is delaying its initial public offering (IPO) …
Baidu Terminates $3.6B Deal to Buy JOYY’s China Live-Streaming Business
Baidu has called off a $3.6 billion deal to buy JOYY’s video-based entertainment live-streaming business in China saying certain conditions were yet to be fully satisfied.
China could see restored economic confidence in 2024 if Beijing makes the right moves on reform
The confusion and fear, along with the proliferating attitude of ‘lying flat’ among certain Chinese social groups, is a product of damaged confidence The word ‘reform’ should be read as …
China’s First Domestically Built Cruise Ship Begins Maiden Voyage
Its construction was delayed by the COVID-19 pandemic, according to Lloyd’s Register (LR), which provided marine services for the ship. It is China’s first foray into a sector dominated by European …