Softened by an electricity crunch and a debt-ridden real estate sector, third-quarter GDP growth was 4.9 percent, the slowest pace in a year.
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China’s energy crisis: the problems with coal exit, emissions targets, and a command economy
China is also suffering from an energy crisis. Major industries have had to restrict production, and reports abound of candle-lit dinners, traffic lights failing and people getting trapped in …
Before debt woes, China Evergrande’s ambitious car making goals stunned industry
One of the largest exhibitions at the event, in a prime spot opposite BMW, the property developer-backed unit showed off nine concept vehicle models under its brand “Hengchi”, which translates to …
Coronavirus: China traces path of infected tourists and closes popular sites to contain new outbreak
China’s “zero Covid-19” status was broken days after the last outbreaks tapered off, with a new outbreak involving eight people emerging over the weekend. A couple of retired university professors …
China’s disappointing growth slowdown weighs on markets; oil hits new highs – business live
Beijing has warned that economic risks have risen at home and abroad, after China’s economic growth was dragged down by power shortages and its housing crunch. China’s GDP grew by just 0.2% i n …
Xinhua Silk Road: World Digital Economy Conference helps boost digital revolution in E China’s Zhejiang Province
The World Digital Economy Conference 2021 & the 11th Smart City and Intelligent Economy Expo kicked off in Ningbo of east China’s Zhejiang Province on Thursday, helping push forward the province’s …
Netflix isn’t available in China but that hasn’t stopped businesses there from cashing in on the ‘Squid Game’ frenzy with merch
Despite not being technically available in China, “Squid Game” has taken off in the country, and retailers are selling dalgona candy and costumes to fans of the South Korean hit.
Defaults loom over more property developers as China reassures investors on Evergrande
Amid the Evergrande crisis, more Chinese developers are facing defaults, as ratings agencies dished out a fresh round of downgrades.
Pharmaceutical and Biotech Exports to China Increasing Fast
South Korean pharmaceutical and biotech companies’ technology exports to China, one of the largest markets in the industry, are showing a rapid increase these days.The Korea Pharmaceutical and …
China: Shanxi province reports 6 local COVID-19 cases
Chinas Shanxi province has reported six new locally transmitted COVID-19 cases and one asymptomatic case in the last 24 hours.
China growth slows further in third quarter
China’s economic growth slowed more than expected in the third quarter, official data showed Monday, as a crackdown on the property sector and a looming …
Increase Risk of Influenza And Imported COVID-19 Cases Could Hit This Winter, Warns China
In a recent notification, the Chinese authorities warned that a twindemic of influenza and imported COVID-19 may hit the world as early as this winter. TheHealthSite.com …
IOC president confident of successful Beijing 2022 Winter Olympics
President Thomas Bach on Sunday expressed his confidence that China would host a successful Beijing 2022 Olympic and Paralympic Winter Games. “Preparations for the Olympics have gone smoothly, and we …
