Thursday, October 31, 2024

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China Business News

China digital currency: e-CNY included in official cash figur…

Outstanding levels of Digital Currency Electronic Payment, also known as e-CNY, stood at 13.61 billion yuan (US$2 billion) at the end of December, according...

Great power competition has shifted in the United States’ favour

Author: Ryan Hass, Brookings Institution At the start of 2022, China’s economy appeared strong, Beijing seemed to have contained the spread of COVID-19, Sino–Russian...

Tesla Shares Extend Losses on Demand Worries in China

Tesla Inc. shares fell 11.4 percent on Tuesday after a Reuters report that Tesla was planning to run a reduced production schedule in January...

US backs Philippines call for China to respect law of the sea

The U.S. has spoken up in support of the Philippines amid China’s increased assertiveness in the South China Sea, which Washington says shows a...

Mainland China targets Taiwan with booze ban as import reject…

Mainland’s China’s customs authority has rejected 2,409 applications to import food and beverages from Taiwan since October last year, with prized hard liquor label...

North Korea pokes the polarisation bear

Authors: Francesca Frassineti, University of Bologna, Edward Howell, University of Oxford and Ria Roy, University of Cambridge After Russia’s invasion of Ukraine, North Korea...

Canada launches Indo-Pacific strategy that talks tough on China

U.S. ally Canada has launched its own Indo-Pacific strategy “to advance Canada’s regional peace and security interests” as a Pacific nation, with indications of...

Economic Contraction, Real Estate Slimming Down, Manpower Exodus, Hong Kong’s Economic Outlook Is Not Optimistic

The latest economic data shows Hong Kong’s economy is in trouble. Some analysts pointed out that as leading real estate agencies are starting to “slim...