The sentence is expected to be finalized after it is examined by a high court in Guangdong and approved by China’s Supreme Court.
Tagged By shenzhen
Struggling Chinese builder Vanke turns to state managers to ‘stop the decline’
“Policymakers don’t want Vanke to fall because that’s going to really damage sentiment,” said Larry Hu, chief China economist at Macquarie, adding that the new phrase in housing policy circles was …
China keeps benchmark lending rates steady as PBOC prioritizes financial stability
The PBOC has prioritized defending the yuan against the pressure for it to depreciate on anticipation of higher tariff rates.
US to cut size of diplomatic mission in China by up to 10%, SCMP reports
The United States is set to cut the size of its diplomatic mission in China by up to 10%, the South China Morning Post reported on Wednesday, citing people familiar with the situation.
‘Captain America must die in China’: Nationalism fuels Ne Zha 2 fans
A chorus of praise is being sung around Ne Zha 2, the Chinese film about a mythical boy who battles demons, which has been newly crowned the world’s highest-grossing animated film. The box office …
Subsidiary of China-owned company to pay $14M for taking federal COVID-19 loan
A Michigan-based automotive supplier that’s a subsidiary of a Chinese state-owned company will pay more than $14 million to resolve allegations that it took COVID-19 money it wasn’t eligible for. The …
Haier seeks control of Shenzhen-listed robotics firm in US$343 million deal
Haier joins rival Midea Group in venturing into industrial robotics, answering Beijing’s call to upgrade the nation’s traditional manufacturing sector.
He Made Me Buy a $200 USB Screwdriver! – in Shenzhen, China
Xuan, the younger of the two Tool Brothers, my favorite cell phone repair tools booth here in the Huaqiangbei electronics markets in Shenzhen, China, asked me to buy him a $200 USB powered “smart” …
Trump Hands the World to China
It’s ending because President Donald Trump wants to end it. Just about all of Trump’s policies, both at home and abroad, are rapidly destroying the foundation of American power. The main beneficiary …
China ETFs draw bullish options bets on AI play and eased tariff fears
U.S.-listed exchange-traded funds focused on China have drawn bullish options flows as the emergence of artificial intelligence startup DeepSeek brightens the outlook for Chinese tech shares, and …
Trump’s rhetoric opens the door to greater Russia and China influence in America | Letters
The Tennessean’s letters reflect the views of the authors and add to public discourse. At issue today: Donald Trump’s behavior on foreign relations.
Rio Tinto 2024 Profit Rises, But Weaker China Iron-Ore Demand Hurts Underlying Earnings
Underlying earnings totaled $10.87 billion, down 7.6% year over year. Analysts expected underlying earnings of $11 billion …
China’s denial of coronavirus tinkering at Wuhan lab misleading
Although definitions of gain-of-function differ, investigative reports leave no question researchers manipulated coronaviruses at Wuhan lab.