Live, rolling coverage of business, economics and financial markets as industrial production and retail sales growth slow in world’s second largest economy …
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In China, civil servant chic is the new look for straitened times
Long considered uninspired, the simple attire of the Chinese bureaucrat in recent months has gained new appeal for those who want the security of official jobs.
China stages more drills near Taiwan as U.S. lawmakers visit
China’s military said it carried out further drills near Taiwan on Monday as a group of U.S. lawmakers visited the Chinese-claimed island and met with President Tsai Ing-wen.
US imposes new export control to push China out of next generation semiconductor competition
The US Commerce Department’s Bureau of Industry and Security (BIS) issued an interim final rule on August 12 to impose restrictions on four emerging and fundamental technologies, among which an …
China’s factory output, retail sales up in July but weaker than expected
Factory output and retail sales in China edged up in July but were weaker than analysts’ expectations, official data showed Monday, as a Covid-19 resurgence and property market jitters cast a pall …
China’s Economic Recovery Weakens Amid Fresh Covid Flareups
China’s economic recovery unexpectedly weakened in July as fresh Covid outbreaks across the country weighed on consumer and business spending, clouding the growth outlook further and prompting the …
China’s Marine Corps has doubled in size since 2017, and it would be a key part of any attempt to invade Taiwan
In 2017, as part of a sweeping military reorganization, China’s Marine Corps was expanded to more than 30,000 personnel in six marine brigades.
Asia-Pacific markets set to open mixed ahead of economic data from China
Futures in the Asia-Pacific pointed to a mixed open on Monday ahead of economic data from Japan and China. SPI futures in Australia were at 6,973, lower than the S&P/ASX 200 ′s last close at…
China factory orders shrink in ominous sign for global outlook
Makers of goods ranging from Christmas decorations to clothing and tents say orders from overseas customers are drying up. Read more at straitstimes.com.
Treasury Wines each way bet on Penfolds in China
Australia’s biggest wine group is playing the long game with the imminent launch of its Chinese-made Penfolds version.
China’s Huobi founder looks to sell stake for over $1 billion- Bloomberg News
The founder of China’s Huobi Group, which runs one of the world’s largest cryptocurrency exchanges, is in talks with investors to sell his almost 60% stake in the exchange for over $1 billion, …
What did Hungary do right when it received the ‘biggest ever investment in its history’ from China?: Global Times editorial
Hungary said that it will be “the biggest ever greenfield investment in the history of Hungary.” Some foreign media claimed Hungary got the “biggest ever investment in history” because of “supporting …
China’s economic recovery tested as Covid outbreaks persist
China will likely announce a further economic improvement in July, although the extent and durability of this recovery is uncertain as Covid outbreaks continue to expand and a property slump persists.
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