President Joe Biden’s nominee to be U.S. ambassador to China, Nicholas Burns, took a tough line on dealings with China at his Senate confirmation hearing.
Tagged By shenzhen
China continues to contribute to global economic security, sustainable development
China is showing its determination to help bring the global economy back on track and make continuous contributions to global economic security and sustainable development, according to officials, …
With 53% share of pie, Airbus spreads its wings wider in China
European aircraft manufacturer Airbus said since the outbreak of the COVID-19 pandemic, it has been rebuilding and diversifying its global supply chain and cooperating with more Chinese enterprises, …
China Evergrande shares briefly plunge more than 10%, after $2.6 billion asset sale falls through
China Evergrande shares briefly fell more than 10% Thursday after a deal fell through to sell part of its services unit to Hopson Development Holdings.
China coal futures dive further on signs of govt intervention
China’s thermal coal futures fell the maximum permitted 11% at the start of trade on Thursday, extending losses since Tuesday when the government signalled it might intervene to cool prices.
China reports 21 new coronavirus cases on Oct 20 vs 30 day ago
China reported 21 new confirmed coronavirus cases for Oct. 20 compared with 30 a day earlier, the country’s health authority said on Thursday. Of the new infections, 13 were locally transmitted cases, …
China Evergrande shares set to slide 10.5% after $2.6 bln deal collapses
HONG KONG, Oct 21 (Reuters) – Shares of China Evergrande Group (3333.HK) are set to fall 10.5% on Thursday after a deal to sell a $2.6 billion stake in its property services unit fell through,…
Evergrande is ‘just the beginning’: Professor says more firms must exit China’s property sector
Li Gan, economics professor at Texas A&M University, said China’s real estate sector has to be “substantially smaller” to stabilize as housing demand falls.
China conducted two hypersonic weapon tests this summer
The Chinese military conducted two hypersonic weapons tests over the summer, raising US concerns that Beijing is gaining ground in the race to develop a new generation of arms. On July 27 the Chinese …
Analysis: What lies beneath? Hidden debt fears feed China’s property woes
Since Beijing started clamping down on corporate debt in 2017, many real estate developers have turned to off-balance-sheet vehicles to borrow money and skirt regulatory scrutiny, analysts and lawyers …
Biden’s pick for China ambassador says ‘we cannot trust the Chinese’ on Taiwan
Nicholas Burns calls Beijing an ‘aggressor’ and that US responsibility is ‘to make Taiwan a tough nut to crack’ …
China: The patriotic ‘ziganwu’ bloggers who attack the West
Guyanmuchan is among a new crop of bloggers known as the “ziganwu”, whose rise in fame on Chinese social media has been inextricably linked with the ascendancy of Chinese nationalism. Their name …
U.S. Officials Have Accused China of Testing a Suborbital Nuclear Weapon System
Unnamed U.S. officials have accused China of testing a suborbital nuclear weapon system. China denies that the summer rocket launch in question involved a weapon system at all, instead stating that it …
