Even as China has grown into a global economic powerhouse, it has lagged far behind the Western world in adopting IT practices to improve business processes, such as enterprise resource planning (ERP) …
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Highlights of China’s foreign trade development in past decade
Photo taken on May 1, 2022 shows a container vessel docking at the Qianwan Container Terminal in Qingdao, east China’s Shandong Province. (Xinhua/Li Ziheng) BEIJING, May 22 (Xinhua) — During the past …
Looking beyond China, Apple plans ramping up production in India, Southeast Asia: Report
According to analysts, over 90 per cent of Apple products including iPhones, iPads and MacBook laptops are manufactured in China by outside contractor..
China’s Big Tech sees new wave of job cuts as Covid lockdowns hurt economy
Staff reduction is happening at various departments in Tencent and Alibaba, according to sources interviewed by the Post and local media reports The deepening cuts come amid regulatory uncertainty in …
China’s coal output up 10.5% in first four months
China’s raw coal output posted double-digit growth in the first four months of 2022, driven by policies to increase production and supply, official data showed. The output jumped 10.5 percent year on …
China in talks with Russia to buy oil for strategic reserves: Report
China is seeking to refill its strategic crude stock pipes with discounted Russian oil a sign that Beijing is strengthening its ties with Moscow as the country …
The impact of China’s lockdown on the U.S. economy
Following weeks of a city-wide lockdown, pandemic restrictions are slowly easing in Shanghai as subway and bus lines are beginning to reopen.
Expert: Biden’s agenda is to keep things away from China
Einar Tangen, a political and economic affairs commentator based in Beijing, says Asian countries still want to do more business with China, but he believes Biden wants to keep things away from China, …
Apple Reportedly Aims To Ramp Up Production Outside China Due To Covid Restrictions
A Covid resurgence in China has led to the country reimplementing strict lockdowns that essentially confine residents to their homes for long periods of time. The …
China Focus: Highlights of China’s foreign trade development in past decade
During the past decade, China has seen notable progress in boosting the high-quality development of foreign trade amid its efforts to build an open economy, with the trade volume continuously …
People’s Daily underlines China’s foreign capital pledge as zero-Covid excesses prompt exodus of overseas firms
Surveys by multiple business lobby groups suggest heavy-handed curbs are undermining foreign investor confidence in China Front-page article in Communist Party mouthpiece echoes words used by Premier …
China quietly ramps up low-cost Russian oil purchases: Report
China has quietly ramped up purchases of Russian oil at lower-than-normal prices, filling the void left by several countries as they cut ties with the Kremlin in response to its invasion of Ukraine, a …
Bitcoin mining in China roars back even after last year’s crypto ban
While Chinas government downright banned cryptocurrencies last year, it has since re-emerged as the worlds second largest bitcoin (BTC-USD) miner, with the U.S …
