China’s residential sales fell again in March, suggesting the recovery in the property sector remains frail. The value of new home sales from the 100 largest property companies declined 11% to 318 …
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Chinese Crypto Boss Heads for the Poles in a SpaceX Capsule
A four-person crew is about to take off from SpaceX’s NASA Kennedy Center in a Dragon capsule, in a world first to orbit Earth’s two poles.
Vanke Reports First Annual Loss Since 1991 Listing Amid Overhaul
China Vanke Co. reported a record 49.5 billion yuan ($6.8 billion) loss for last year, underscoring why the developer’s hometown of Shenzhen has stepped in to take control of operations.
China discovers major oilfield off Shenzhen
BEIJING – China’s National Offshore Oil Corporation said Monday it has discovered a major oilfield in the eastern South China Sea, with proven reserves …
Nam Tai Property Closes on 700M RMB Refinancing of Its Tech Center Project
Nam Tai Property Inc. (OTC Expert Market: NTPIF) (“Nam Tai” or the “Company”) today announced that the Company closed on the refinancing of its Technology Center property (the “Tech Center”) with a …
Trump Tariffs Pushing US Asia Allies into China’s Orbit
After their first trilateral economic meeting in over five years, China, Japan and South Korea vowed to strengthen their trading ties.
China’s telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024
Chinese telecoms gear giant Huawei said Monday its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologies. Huawei Technologies reported 62.6 …
Xi showdown with Li Ka-shing threatens China’s pro-business push
BEIJING: President Xi Jinping is seeking to paint China as a steady partner to investors roiled by a global trade war. A spat over a shipping lane coveted by Donald Trump is testing that push.
Mark Carney Under Pressure Over Liberal MP’s China Bounty Comments
Paul Chiang, a Liberal MP running for reelection, apologized for making the comments, saying they were “deplorable and a complete lapse of judgment.” …
The Chinese Electric Vehicle Founder Who Wants In on Trump’s America
Wen Han is intent on listing Windrose’s stock in New York. He is fueled by $300 million, Chinese technology and a belief that “China doesn’t have to be the enemy forever.” …
China central bank injects 800 billion yuan via outright repos in March
China’s central bank has injected 800 billion yuan ($110.32 billion) into its banking system during March through an outright reverse repurchase tool, the bank said on Monday.
Northeast Ohio woman writes book that recalls highlights of COVID-19 pandemic
Her book primarily consists of recaps about the latest news and statistics on COVID that she wrote for specific dates during the pandemic.
China’s manufacturing hits 12-month high, driven by strong orders
China’s manufacturing activity expanded at the fastest pace in a year in March, a factory survey showed on Monday, with new orders boosting production, giving the world’s No. 2 economy some reprieve …
