Cash-strapped China Vanke has sold a Shenzhen land plot via auction for 2.24 billion yuan ($309.18 million), a filing on Monday showed, more than 27% below the price it paid for the same 19,000 square-metre…
Tagged By covid-19
South China Sea: Beijing risks conflict with Philippines over ‘Monster’ ship to enforce anti-trespassing policy
Beijing has deployed two vessels near Scarborough Shoal including the 165-metre Chinese coastguard vessel dubbed ‘The Monster’ Disputes in the South China Sea might lead to miscalculations and trigger a wider regional conflict,
Seoul, Tokyo, Beijing biz leaders agree to form private-sector economic consultative body
Business leaders of South Korea, Japan and China have agreed to form a trilateral economic consultative body to promote economic cooperation and resolve pending issues, the country’s main business lobby said Monday.
China’s real estate in worrying state as middle class reluctant to purchase properties
The current index level is even lower than during the early stages of the Covid-19 pandemic, surpassing the 102.6 recorded in the second quarter of 2020. The study evaluates spending intentions among …
Beijing and Vanuatu Forge Stronger Ties Amid Global Scramble
Top Chinese Communist Party official Liu Jianchao met Vanuatu’s Prime Minister Charlot Salwai, strengthening strategic ties. As China is a major creditor to Vanuatu, both nations agreed to cooperate closely,
China sets up third fund with $47.5 billion to boost semiconductor sector
China has set up its third planned state-backed investment fund to boost its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion), according to a filing with a …
China is flexing its missile arsenal in a new simulation for a mass Taiwan attack as the US watches Beijing’s Rocket Force closely
China’s Eastern Theater Command released a simulation video on Friday that mixes CGI and live footage to show a coordinated attack on Taiwan.
Shenzhen: One-off Subsidy for Auto Replacement & Renewal Max. RMB8K
the Commerce Bureau of Shenzhen Municipality released the “Guideline for the Implementation of Shenzhen’s Auto Replacement and Renewal Subsidy Project in 2024”, in which Shenzhen has invested RMB260 …
How China Pulled So Far Ahead on Industrial Policy
The United States and Europe are trying to catch up to a rival skilled in using all the levers of government and banking to dominate global manufacturing.
China has threatened trade with some countries after feuds. They’re calling ‘the firm’ for help
The U.S. State Department has set up an eight-person team known as “the firm” to provide help to countries cut off from Chinese trade.
America’s military has the edge in space. China and Russia are in a counterspace race to disrupt it
As Russian forces rolled over the Ukraine border in the first moments of their invasion, another, less visible onslaught was already underway – a cyberattack that crippled internet linked to a …
Shares of China Evergrande’s EV unit soar after liquidators’ stake sale deal
Shares of China Evergrande New Energy Vehicle Group more than doubled on Monday as trade resumed after the company said liquidators had agreed on behalf of key shareholders to sell a stake in the …
Earthquake of magnitude 5.0 hits China’s Sichuan province
An earthquake of 5.0 magnitude struck Muli county in China’s Sichuan province, according to China Earthquake Networks Center on Monday.
