U.S. Deputy Treasury Secretary Wally Adeyemo said on Thursday that China’s economic weakness may cause difficulties for some developing economies and regions that depend on it for growth, but added …
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China Unveils Revolutionary Blockchain Data Exchange at Hangzhou Summit
China transforms data trading with innovative blockchain exchange involving Alibaba Cloud and Huawei, compelling over 300 enterprises into secure, efficient sharing …
China’s Meituan swings to profit, beats expectations on food delivery rebound
SHANGHAI: Chinese food delivery giant Meituan on Thursday (Aug 24) posted a bigger-than-expected 33.4 per cent rise in second-quarter revenue, defying a slowing Chinese economy. Meituan, which offers …
China’s tourism to grow faster than its GDP as people spend less on property, more on travel, Tongcheng executive says
People in China have switched from buying big-ticket items like flats and cars to experiential consumption, Tongcheng Travel CFO Fan Lei told the Post.
White House Seeks Extension to Science and Technology Pact With China
The landmark agreement, which is set to expire on Sunday, has attracted scrutiny as competition between China and U.S. intensifies.
Beijing bans seafood from Japan after Fukushima nuclear plant begins releasing treated radioactive water
China has blocked all seafood imports from Japan, after Japan released treated radioactive water from the devastated Fukushima Daiichi nuclear power plant. Hundreds of Japanese protested the …
China’s Stealth Revival Of ‘Thousand Talents Plan’ Signals Semiconductor Ambitions Despite US Restrictions
China’s strategy is stretching to monetary perks, doling out substantial signing bonuses ranging from 3 to 5 million yuan ($420,000 to $700,000), home-purchase subsidies, and more. Those incentives, …
Foreign investors flee China’s stock markets at record pace in US$900 billion wipeout with near term return unlikely
Global asset managers have dumped Chinese onshore stocks at an unprecedented pace this month that triggered a US$900 billion destruction of market value after a gloomy growth outlook, feeble stimulus, …
China’s Meituan swings to profit on food delivery rebound, flags headwinds
Chinese food delivery giant Meituan on Thursday posted a bigger-than-expected 33.4% rise in second-quarter revenue, defying a slowing Chinese economy, though executives warned of headwinds for its …
How China’s Economy Collapsing Would Impact the U.S.
After decades of incredible growth, China was widely considered poised to overtake the U.S. as the biggest economy in the world, with its GDP surpassing that of America in the coming 10 to 25 years.
China not due for major COVID outbreak, but caution advised: experts
BEIJING, Aug. 24 (Xinhua) — With the prevalence of coronavirus variant EG.5 rising globally and becoming predominant in China, experts have said the country will not see a large-scale COVID-19 …
Beijing Now Plans To Boost Private Investment
Beijing’s latest effort inadvertently points up the failures of Marxist command, control, and centralized planning. It will fail.
Biden administration approves $500M arms sale to Taiwan as tension with China continues to grow
A $500 million arms sale to Taiwan was approved by the Biden Administration on Aug. 23, 2022. The move is likely to draw fierce criticism from Beijing.