During recent exercises in the Philippine Sea, U.S. jet fighters screamed into flight from the USS Carl Vinson as two Chinese intelligence-gathering ships lingered a few miles away.Three months …
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China new year holiday spending surges past pre-pandemic levels
China’s new year holiday spending last week surged past pre-pandemic levels, official figures showed, a rare bright spot for an economy struggling with sluggish consumption and deflation.This year’s …
Beijing urges US to end harassment of Chinese students
The nation’s public security minister has urged the US homeland security secretary to stop “harassment” of Chinese students entering the United …
China Lunar New Year travel spending surpasses pre-Covid levels — is consumption revival in sight?
China’s travel activity and spending jumped above pre-pandemic levels during the Lunar New year holiday, signaling that consumption was improving in the world’s second-largest economy.
Spring festival spending on China’s duty-free island hits record
Shoppers visiting China’s island province of Hainan spent a record 2.49 billion yuan ($346.2 million) on duty-free goods over the eight-day Lunar New Year holiday, data from Haikou Customs showed.
Hong Kong records most Chinese New Year tourists since before Covid-19
That surpassed the number recorded over an equivalent period in 2018, before the Covid-19 pandemic. Nearby Macau reported a record … which in 2024 was one day longer than in 2023 – marks China’s …
Hong Kong records most Chinese tourists during CNY since pre-Covid-19
More than 1.2 million Chinese travellers visited Hong Kong during the eight-day Chinese New Year celebration. Read more at straitstimes.com.
Shenzhen Metro introduces two virtual ticket options
The virtual date ticket includes options for a “virtual one-day ticket” priced at 25 yuan and a “virtual three-day ticket” priced at 75 yuan, aligning with the costs of physical date tickets. These …
China Reports Smallest Foreign Investment Increase In Over Two Decades
China reported the smallest amount of annual foreign direct investment since the 1990s last year, amid capital outflow pressure and challenges attracting foreign capital due to tensions with the West.
China’s central bank leaves key policy rate unchanged under shadow of the Federal Reserve
China’s central bank held its key rate, rolling over medium-term loans amid uncertainties about the Fed’s plans, constraining Beijing’s monetary policy options.
China will showcase its domestic jetliner at the Singapore Airshow. Here’s what else to expect
Touted as a rival to Boeing’s 737 and the Airbus 320, the Comac C919 is quickly turning out to be one of the most anticipated features at the Singapore Airshow. The Singapore Airshow will feature…
China’s BYD plans to launch high-end luxury models from this year
China’s BYD (002594.SZ), opens new tab said it plans to launch a number of high-end luxury models from this year. The automaker also announced an action plan to “improve quality and returns”, it said …
Thousands flock to Beijing’s rejuvenated temple fairs
[JIANG DONG/CHINA DAILY] A strong sense of nostalgia permeated temple fairs held across Beijing during the Spring Festival holiday this year. Children could be seen sitting on the shoulders of their …