Li Hongzhong vice chairman of the National People Congress Standing Committee met with a delegation of the Justice and Development Party of Tampuu
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Beijing city cuts home buying costs to boost demand
BEIJING, June 26 (Reuters) – China’s capital city Beijing announced steps on Wednesday to reduce the cost of buying a home, including cutting mortgage interest rates and the minimum down-payment ratio, to try to boost…
Beijing Becomes Last Mega China City to Ease Housing Rules
(Bloomberg) — China’s capital city of Beijing eased homebuying requirements for downpayment and mortgages, joining the country’s other mega cities to support the real estate sector. Most Read from Bloomberg YouTuber Dr Disrespect Was Allegedly…
Beijing lowers minimum down payment ratio for first home buyers to no less than 20%
China’s capital city Beijing on Wednesday lowered the minimum down payment ratio for first home buyers to no less than 20%, according to a local government statement. It also lowered the minimum down payment ratio…
Taiwan reports Chinese ‘combat patrol’, Beijing vows to hunt independence ‘diehards’
TAIPEI/BEIJING – Taiwan’s defence ministry said on Wednesday that China had carried out another “joint combat readiness patrol” near the island, as Beijing said it would track down and punish “diehard” independence supporters wherever they…
China hopes EU will pursue a ‘rational, pragmatic’ policy towards the country, foreign minister says
China hopes the European side will pursue a “rational and pragmatic” policy towards the country, Foreign Minister Wang Yi said in a phone call with Hungarian Foreign Minister Peter Szijjarto on Tuesday.
South China Sea: Hague ruling rejected by Beijing still casts long shadow over dispute
Eight years ago, when an international tribunal ruled against China over its disputes with the Philippines in the South China Sea, it was viewed as one of the biggest diplomatic setbacks for Beijing. Beijing has…
China Reveals Government Fund Misuse, Highlighting Fiscal Risks
China discovered that officials allowed cash raised from special bonds or funds from the central government budget to be invested in subpar or halted projects, raising questions about the effectiveness of current fiscal measures in…
ChatGPT-Parent OpenAI To Block Access To AI Tools Amid Growing Tech Tensions Between Washington And Beijing
OpenAI, backed by Microsoft, announced it will restrict access to its AI tools in China, warning developers that their accounts will be blocked or suspended from July.
For American Brands Worried About China, Is India the Future?
As multinational retailers diminish their dependence on Chinese factories, some are shifting production to India.
Peru President Arrives in Shenzhen, To Visit Huawei and BYD
Boluarte arrived in Shenzhen last night to begin his first stop in China. During his stay in Shenzhen, he will visit a number of Chinese companies, including Huawei and BYD, and then travel to …
Foreign Investment In Shenzhen’s Qianhai Exceeds 40 Bln USD
(MENAFN- Daily News Egypt) Foreign companies have invested over 40 billion U.S. dollars in the Qianhai Shenzhen-Hong Kong Modern Service industry Cooperation Zone (shortened as Qianhai), according to …
Self-driving test made on Beijing-Xiong’an expressway
An autonomous driving test demonstration project was launched on an expressway linking Beijing with the Xiong’an New Area of Hebei Province.This was reported