China faces bigger economic challenges than its trade war with the U.S. Even before tit-for-tat tariffs, growth in the world’s No. 2 economy was already forecast to cool from 6.8 per cent last … (…
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China offers another $600-billion to Africa, but says no to ‘vanity’ projects
China defends continued lending to Africa on the grounds that the continent still needs debt-funded infrastructure development. Speaking earlier at a business forum, Xi said China had to be careful ab… ( read original story…
Chinese e-commerce billionaire returns to Beijing after U.S. arrest
BEIJING — A Chinese e-commerce giant says its billionaire founder, Liu Qiangdong, has returned to China after earlier being arrested in the U.S. on suspicion of criminal sexual conduct. Zhang Shuhan, … ( read original…
China looking into e-commerce billionaire’s U.S. arrest
BEIJING – China’s foreign ministry said Monday it is looking into … Nasdaq-listed JD.com said in a statement Sunday that Liu was falsely accused while in the U.S. on a business trip, and that police…
China’s manufacturing growth hits 14-month low as trade war bites – business live
China isn’t the only country to experience a manufacturing slowdown last month. South Korea’s factory sector shank for the sixth month in a row. Its manufacturing PMI came in at 49.9, up from 48.3 in…
Top Mistakes made by Luxury Brands in China
Luxury websites are usually slick and elegant with exquisite and giant images rolling on the main website page, but many are failing to deliver the most fundamental requirement: a first-class user exp… ( read original…
China August manufacturing growth slows to 14-month low: Caixin PMI
China’s economy is now facing relatively obvious downward … The sub-index came in at 48.8 in August, compared with 48.4 in July. As a result, total new business, domestic and foreign, rose at the we……
Trade deficit tops China-Africa summit in Beijing
Key conference in China comes amid criticism of Beijing’s debt-laden approach in dealing with developing nations. African leaders gather for a two-day summit in Beijing focused on economic ties with C… ( read original story…
There’s Not-So-Good News Buried in China Developers’ Fabulous Earnings
The financial results of Chinese developers this earnings season have been roundly impressive, but there is one metric that should give investors pause: Firms’ ability to service their debt is the wea… ( read original…
Beijing blames video games for kids needing glasses
BEIJING—It started this week with a call to action from China’s leader, Xi Jinping. Too many of the country’s children need glasses, he said, and the government was going to do something about it. It…
China remains committed to economic reform despite U.S. trade war
China has criticized the United States for resorting to protectionist and unilateral measures and says it will keep opening up its economy, providing a fair and transparent environment for foreign … ( read original story…
Amid U.S. trade war, China’s Xi reiterates reform commitment
BEIJING (Reuters) – China is still determined to reform and wants to work with all parties to build an open world economy, Chinese President Xi Jinping said on Sunday, reiterating Beijing’s … ( read original…
What it’s like inside the internment camps China uses to oppress its Muslim minority, according to people who’ve been there
China is accused of detaining up to 1 million Uighur Muslims in internment camps in the western region of Xinjiang. Two Uighurs who had been inside those camps have told BBC Newsnight about the physic……