BEIJING (Reuters) – China will develop the core industries in the digital economy to drive the country’s economic rebound, state media cited premier Li Qiang as saying at a cabinet study session on Monday.
Tagged By china
China’s economy is in trouble. Here’s what’s gone wrong
China has long been the engine of global growth. But in recent weeks, its economic slowdown has alarmed international leaders and investors who are no longer counting on it to be a bulwark against weakness…
China hits the East Asian demographic wall
For all the talk in Beijing of a unique “China model”, the country’s economic history bears a striking resemblance to the trajectories of Japan and South Korea. The take-off phase is driven by rapid, export-led…
China accuses government worker of spying for the CIA in second public espionage claim
Chinese authorities on Monday publicly accused a government worker of spying for the CIA, the second high-profile espionage case publicized this month as Beijing ramps up its emphasis – and rhetoric – on national security.
China’s Saudi crude imports to remain depressed through third quarter: analysts
Imports from Saudi Arabia in July came in at 5.65 million metric tons, or 1.33 million bpd, the lowest since June 2022, China customs data showed on Sunday. July’s Saudi imports slipped 31per cent …
China Blasts US, Japan and South Korea for ‘Smearing’ Beijing
China called President Joe Biden’s trilateral summit with the leaders of South Korea and Japan a “deliberate attempt to sow discord” between the world’s second-largest economy and two of its Asian neighbors.
The US and China must unite to fight the climate crisis, not each other
Cooperation is not only in the best interests of all countries, but is absolutely necessary for the survival of the planet
China Unicom, Trip.com help Hong Kong stocks post late rally, but index still near 3-week low
Hong Kong stocks hovered at the lowest level since July 24 after Washington’s measures on restricting investments in China rekindled concerns about geopolitical risks.
Weak consumer, overseas sales pressure ZTE
Chinese vendor ZTE booked a rise in overall revenue in H1 as consumer product and international sales suffered declines, with profit growth on one-off gains. In an earnings statement last week, ZTE …
China’s ambitious plan to dominate the Metaverse raises alarming concerns
It has come to light that China is reportedly considering the implementation of a system reminiscent of its existing social credit system, but this time within the realm of the Metaverse and other …
China’s lending rate drops amid strengthened policies to boost economy
A signal was sent to intensify counter-cyclical adjustments and promote a quicker economic recovery, said Dong Ximiao, the chief researcher of Merchants Union Consumer Finance Company Limited. The …
China Stops Importing Taiwan’s Mangoes, Blaming Pests Amid Political Tensions
China suspended imports of Taiwan mangoes, saying mealybug pests were found in the fruit, in a possible example of “fruit diplomacy” amid heightened tensions between the two near neighbors. The …
China targets Taiwanese mangoes in latest import suspension
BEIJING/TAIPEI–China’s customs authority has suspended mango imports from Taiwan from Monday after detecting pests in the fruit, the latest measures targeting Taiwanese agriculture which Taipei has …