SEOUL — China on Tuesday sentenced an outspoken critic of President Xi Jinping to 18 years in prison on graft charges, signaling Beijing’s determination to crush dissent. Ren Zhiqiang, 69, a former … ( read…
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Greater Bay Area cities Guangzhou, Huizhou report increases in property sales and prices, as Shenzhen tightens curbs, pushes out demand
Property sales and prices in the Greater Bay Area cities of Guangzhou and Huizhou rose in August amid a surge in demand from homebuyers in neighbouring Shenzhen, which has reintroduced property curbs, … ( read…
China hands 18-year jail term to Xi critic for graft
China sentenced an influential former property executive who once referred to President Xi Jinping as a “clown” to 18 years in prison for graft, a court said on Tuesday. Ren Zhiqiang, the former … (…
Asset managers set to launch China’s first Star 50 Index ETFs
China’s securities regulator has given the nod to the first four exchange traded funds to track Shanghai Stock Exchange’s Nasdaq-styl. China Asset Management, E F … ( read original story …)
China Sentences Tycoon Who Criticized Xi to 18 Years in Prison
The Communist Party had accused Ren Zhiqiang of being disloyal. His heavy sentence underscores Xi Jinping’s crackdown on dissent among the elite. ( read original story …)
China’s electric carmaker WM Motor pulls in $1.47 billion Series D
Chinese electric vehicle startup WM Motor just pocketed an outsize investment to fuel growth in a competitive landscape increasingly coveted by foreign rival Tesla. The five-year-old company raised 10 … ( read original story …)
Coronavirus dampens seasonal cheer in China’s Christmas production hub
At the Yiwu Fuye Christmas factory in eastern China, workers are stitching and testing out Santa Claus toys, checking they play a Christmas tune at the press of a button. “There is no way to…
With 500 days to go, Beijing’s 2022 vision is taking shape
Preparations for the 2022 Winter Olympic Games in Beijing are right on track despite challenges from the COVID-19 pandemic. — With 500 days to go before the 2022 Winter Olympics open, China’s … ( read…
Coronavirus Pandemic ‘Could Have Been Prevented’ If China Didn’t ‘Obfuscate Data’, House Report Says
China and WHO are to blame for the COVID-19 pandemic, contends a report from the House Foreign Affairs Committee The World Health Organization was complicit in allowing China to mislead the world, the … (…
China reports six new COVID-19 cases vs. 12 a day earlier
China reported six new COVID-19 cases on Sept. 21, down from 12 a day earlier, the national health authority said on Tuesday. ( read original story …)
China Uproots Ethnic Minority Villages in Anti-Poverty Fight
An aerial view shows new village houses built by the Chinese government for ethnic minority in Ganluo county, southwest China’s Sichuan province on Sept. 10, 2020. China’s ruling Communist Party says … ( read original…
TikTok’s Zero Hour: Haggling with Trump, Doubts in China and a Deal in Limbo
After months of maneuvering over the future of TikTok, it took last-minute phone calls to persuade President Trump to sign off in principle on the outlines of an agreement to keep the app operating in…
Ex-Goldman economist Jim O’Neill says China’s economy ‘well on the way’ to recover from coronavirus
Jim O’Neill, former chief economist at Goldman Sachs, pointed to the latest Chinese consumer spending data as a sign of China’s accelerating recovery … ( read original story …)
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