GlobalData China Senior Business Development Manager Kiku Wu noted that … And they are facing other hurdles, including competition from direct-to-consumer brands such as Saturnbird Coffee and Yongpu …
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China factory activity returns to expansion
The PMI, the first official statistics for September, adds to signs of stabilisation in the economy, which had sagged after an initial burst of momentum early in the year when China’s …
We Get Up Close To The Avatr 11 And 12 EVs From China Aiming To Shake Up The Luxury Market
A Chinese brand with promising credentials has a Euro-based design team and benefits from the expertise of Changan, CATL, and Huawei …
In a good sign for China’s struggling economy, factory activity grows for the first time in 6 months
Since China lifted its tough COVID-19 restrictions, its leaders have been trying to boost the economy with a series of measures, and promising to support entrepreneurs who generate jobs and wealth.
China’s lottery ticket sales soar amid weak economy, job prospects
BEIJING (Reuters) – China’s lottery ticket sales in August soared to their … billion), the official Xinhua news agency reported on Saturday, citing data from the finance ministry. From January to …
Hong Kong-Shenzhen joint drone shows on display for the first time
[Photo by Parker Zheng /China Daily] Shenzhen in Guangdong province, and Hong Kong Special Administrative Region jointly presented drone shows for the first time on Saturday when about 1,200 drones in …
China says US is the true ’empire of lies’
The United States is the true “empire of lies”, the Chinese foreign ministry said on Saturday, lashing out at a U.S. State Department report that accused Beijing of ploughing billions of dollars annually into information…
Economic Watch: China fosters new-generation nuclear power reactors
At present, China boasts over 50 operational nuclear reactor units, and among them is the “Hualong One” generator set, installed in the eastern city of Fuqing. This domestically designed …
Beijing’s Increasingly Desperate Attempts to Squelch UN Criticism
The Chinese government appears increasingly anxious to silence critics of its appalling human rights record. At home, it arbitrarily detains or forcibly disappears them; abroad, it harasses them. At …
China Stock Investors Say Worst Yet to Come in Property Crisis
China’s property sector has yet to see the worst of the crisis that has cast a pall over the nation’s economy and helped drive an exodus of global funds from the world’s second-largest stock market.
Huawei’s 5G smartphone comeback, with advanced chip wrapped in secrecy, releases chokehold of US sanctions on China tech
When asked by the South China Morning Post in March about Huawei Technologies’ plans to release new 5G smartphones, deputy chairman Eric Xu Zhijun firmly dismissed such a notion to hundreds of journalists,
‘I cried for days’: Chinese home buyers left in the lurch by China’s real estate slump
Observers are watching if property sales would go up during this Golden Week – a popular period for home purchases. Read more at straitstimes.com.
China Officially Silent on Billionaire Evergrande Tycoon’s Arrest
Troubled Chinese property giant Evergrande suspended trading until further notice after its billionaire founder was placed under surveillance.