Xi gets serious on boosting private sector as China economy slumps
SHANGHAI – Chinese President Xi Jinping finally appears to be extending an olive branch to private businesses battered in recent years by regulatory crackdowns and the world’s…
Browsing Tag
Chinas
EU lawmakers condemn China’s live-fire exercises in Taiwan Strait
BRUSSELS – Members of the European Parliament backed a resolution on Thursday that condemned China’s live-fire military exercises in the Taiwan Strait and called for closer ties…
Asia factory activity slumps on China Covid-19 curbs
TOKYO – Asia’s factory activity slumped in August as China’s zero-Covid-19 curbs and cost pressures continued to hurt businesses, surveys showed on Thursday, darkening the outlook…
China electricity shock is latest supply chain threat to world
BEIJING – China’s energy crisis is shaping up as the latest shock to global supply chains as factories in the world’s biggest exporter are forced to conserve energy by curbing…
US plans projects in Latin America to counter China’s Belt and Road Initiative
WASHINGTON – US officials are set to tour Latin America this week to scout infrastructure projects as they prepare a counter to Chinese President Xi Jinping’s multi-trillion-dollar Belt…
Biden says not true that China’s Xi turned him down for a face-to-face meeting
WASHINGTON – US President Joe Biden told reporters on Tuesday (Sept 14) it was not true that China’s Xi Jinping turned him down when he proposed a face-to-face summit during a call last…
Tencent leads $80.6 billion loss as China’s gaming crackdown expands
HONG KONG – Tencent Holdings and Netease shed more than US$60 billion (S$80.6 billion) of value as investor fears grow that Chinese regulators are preparing to tighten their grip…
China’s new stock exchange plans fuel fears of a bourse war
SHANGHAI – China’s plans to launch a new exchange in Beijing, announced by President Xi Jinping on Thursday (Sept 2), boosted shares in Chinese brokerages but knocked down Shenzhen start-up…
China new ambassador Qin Gang arrives in US with words of optimism
WASHINGTON – China’s new ambassador to Washington, Mr Qin Gang, on Wednesday (July 27) wished the United States victory against Covid-19 and said great potential awaited bilateral…
China’s edtech assault hits investors from Tiger to Temasek
Global investors from Tiger Global Management to Temasek Holdings are reeling after China imposed the harshest curbs yet on its US$100 billion (S$136 billion) private tutoring and online…