Companies around the world are starting to cut prices and costs and scale back activity in China, as the world’s second-biggest economy continues to flag despite Beijing’s efforts to turn things …
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PetroChina set to shut top north China refinery in 2025, sources say
PetroChina is set to shut its largest refinery in north China’s Dalian around mid-2025, marking the first major closure at a state-run oil plant, part of a long-mooted project to replace it with a …
China’s private tutoring firms emerge from the shadows after crackdown
China is quietly easing regulatory pressure on private tutoring operators as it looks to revive a flagging economy, spurring a nascent revival of a sector hit hard by a government crackdown three …
China Jan-Sept mined gold output falls 1.17% y/y, gold association says
China’s mined gold output in the first three quarters of 2024 fell by 1.17% from the year before to 268.068 metric tons, the state-backed gold association said on Monday.
China central bank activates open market outright reverse repo operations facility
China’s central bank announced on Monday it had activated its open market outright reverse repo operations facility and would use it to trade with primary dealers in open market operations on a …
China’s Biggest Clean Power Machine Is Misfiring
Hydroelectricity may be one of our most potent weapons against climate change. Few forms of generation, though, are more vulnerable to the effects of a warming planet. If even China cannot count on hydro-led decarbonization,…
Shenzhen Home Sales Are Forecast to Rebound After China Policy Easing
This month’s fast rebound was partly the result of very low sales in September, the sales director at one real estate project in Shenzhen told Yicai. Thanks to the policy easing, pent-up demand from …
No doubt Beijing will take any measures necessary to defend territorial integrity: China Daily editorial
Since his inauguration on May 20, Lai has tried to cheat the world by packaging his “pro-independence” agenda in the garb of pro-peace, pro-development and pro-democracy rhetoric, seeking to portray Beijing as aggressively taking the…
Beijing official shrugs off declined invites for mainland visit by envoys in Hong Kong
Cui Jianchun, Beijing’s top diplomat in Hong Kong, says he will press on with explaining ‘one country, two systems’ to foreign envoys.
Shenzhen to prioritize AI, NEV, biomedical industries
Shenzhen has opened three dedicated offices to prioritize the development of the artificial intelligence (AI), new energy vehicle (NEV), and medicine and medical apparatus industries.
China’s Zheng beats Kenin to claim Tokyo title
China’s Zheng Qinwen produced near-flawless serves to defeat American Sofia Kenin 7-6(5) 6-3 and capture the Pan Pacific Open title on Sunday for her third trophy this season.
China’s Sept industrial profits post steepest fall of the year
BEIJING (Reuters) -China’s industrial profits plunged in September, recording the steepest monthly decline of the year, official data showed on Sunday, as policymakers ramp up stimulus to revitalise …
China vows ‘countermeasures’ after $2 bln US arms sale to Taiwan
China will take “countermeasures” to defend its sovereignty and territorial integrity, the government said, lambasting a $2 billion arms sale package by the United States to Taiwan.
