Exclusive – India’s top cement maker pays for Russian coal in Chinese yuan
By Sudarshan Varadhan, Aftab Ahmed and Nupur Anand NEW DELHI (Reuters) – India’s largest cement producer UltraTech Cement is importing a shipment of Russian coal and paying in Chinese yuan, according to an Indian customs document reviewed by Reuters, a rare payment method that traders say could become more common. UltraTech is bringing 157,000 tonnes […]
Memories of a Chinese delegation tasting the life of Epping
A Chinese mayor hoped to see his town twinned with Epping five years ago this week. A delegation of Chinese businessmen traveled from the Far East to get a glimpse of life in Epping. The 11-person group, from Shaoxing Keqia district, traveled to the city to celebrate the ties between the two regions. The Chinese […]
Chinese lawmakers revise law to promote sports development
Students play football at a primary school in Huzhou, east China’s Zhejiang province, June 8, 2021. Photo: cnsphoto Chinese lawmakers on June 24 approved a revision of the country’s sports law, an important step to improve the high-quality development of sports, with the aim of making the country a sports powerhouse. The revised Physical Culture […]
Chinese companies call for faster digital transformation in Tianjin amid complex backdrop
Opening ceremony of the 6th World Intelligence Congress held in Tianjin Municipality, north China, June 24, 2022. Photo: Courtesy of Jia Chenglong “Intelligent transformation” became the buzzword for representatives of industries from medical to automotive manufacturing at the sixth World Intelligence Congress (WIC) in northern China’s Tianjin Municipality. Amid downward economic pressure and a more […]
Entrepreneurs Honored at China’s Asean Awards
Nearly 40 entrepreneurs from Indonesia, Thailand, Singapore and Cambodia shared their business expertise at the second “ASEAN Chinese Book of Records and Awards” in Kuala Lumpur on Sunday. The annual gathering aims to recognize outstanding Chinese entrepreneurs in ASEAN and Malaysia, publicize the great achievements of Chinese ancestors, demand deep understanding of the importance of […]
A Chinese alternative to dollar-based stablecoins? Expanding the use of CNH presents challenges; BTC remains above $20,000
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto and blockchain festival experience of the year in Austin, TX, June 9-12. Hello. Here is what happens: Prices: Bitcoin Holds Over $20,000; other cryptos are mixed. Knowledge: China’s CNH token looks promising as an alternative to dollar-based stablecoins, but the challenges in expanding its use are enormous. […]
Bonnie Tan hopes to spark resurgence in fil-Chinese sports
LETRAN coach Bonnie Tan never forgets her roots. While his recent achievement of leading Letran to back-to-back NCAA crowns is celebrated at Muralla, he also knows that it has also been a source of pride for the Fil-Chinese community. Bonnie Tan on the resurgence of wire-Chinese athletics “We know Letran’s championship is also a victory […]
What if the Chinese PLA gave young Indians better service options?
By Harshavardhan Purandare, Sandeep Pandey*The Narendra Modi government just does not seem to learn from past mistakes. From demonetization to farmers laws with Kashmir ruling, citizenship law and Covid lockdown in between, the citizens of this country have had to suffer not only from the reckless decisions of the government but also from the how […]
Launch of the luxury Chinese brand Hongqi in Qatar
Pioneer Motors Company, a subsidiary of Almana Group, officially launched the luxury Chinese car brand Hongqi in Qatar, alongside the inauguration of the brand’s showroom on Salwa Road. The launch ceremony was attended by General Manager of Almana (Automobiles) Group Bader al-Mana, Chinese Ambassador to Qatar Zhou Jian, other envoys and a number of businessmen, […]
Chinese Consumers Splurge on ‘Quality Life’ Products During Middle Year Shopping Festival, Rising Spending Boosts Growth Confidence Significantly
Staff at an industrial zone in Lianyungang, east China’s Jiangsu Province, sort packages on Friday, the day major Chinese e-commerce platforms including Alibaba’s JD and Tmall mark this year’s 618 the mid-year shopping festival. Photo: CGV China ushers in a hot season for consumption as the weather nears the end of the June 18 mid-year […]
Chinese EV maker launches rival Tesla SUV
Nio’s ES7 sport utility vehicle adds another competitor to Tesla’s Model X and Y in China. Nio Nio launched the ES7 sport utility vehicle on Wednesday as competition with Tesla intensifies in China. The ES7 adds another competitor to Tesla’s Model Y and Model X in China as competition in the electric SUV space intensifies. […]
Spy Agencies’ Attention to China Could Trap Chinese Americans
WASHINGTON (AP) — As U.S. intelligence agencies ramp up their efforts against China, senior officials acknowledge they may also end up collecting more phone calls and emails from Chinese Americans, raising new concerns about espionage affecting civil liberties. A new report from the Office of the Director of National Intelligence makes several recommendations, including expanding […]
Reinterpreting the Chinese classics:”Lend me the strength, fair winds, to finally fly away to the azure sky”
President Xi quoted “Lend me the strength, fair winds, to finally soar to the azure sky” when meeting with short-track speed skaters who had just returned from the Asian Winter Games, in Capital Indoor Stadium on February 24, 2017. Video link: https://www.youtube.com/embed/SdpFp64UZJw) The phrase is derived from A Dream of Red Mansions by Cao Xueqin, […]
36 Chinese automakers cut list prices, backing tax breaks
BEIJING — The Chinese government and 36 automakers operating in the country have teamed up to revive anemic vehicle sales by offering tax breaks and rebates. New vehicle sales fell 12.6% year on year in May, the China Association of Automobile Manufacturers reported on Friday, the third straight month of double-digit declines. But a silver […]
Police investigate Chinese criminal syndicate money laundering in Victoria, NSW; Chris Bowen and energy ministers agree new plan
Energy Minister Chris Bowen said giving the Australian Energy Market Operator (AEMO) the ability to purchase and store gas for use during power shortages will be “implemented work quickly.” Bowen met with state energy ministers meeting on Wednesday and agreed on an 11-point plan to address immediate energy challenges and create a national transition plan […]
Chinese firm wins contract to build manufacturing plant at King Salman International Complex
JEDDAH: The Ministry of Tourism of Saudi Arabia will provide each delegate of the 116th Executive Council of the United Nations World Tourism Organization in Jeddah with personalized non-fungible tokens. Director-General of Digital Transformation at the Ministry of Tourism, Aljohara Al-Saleem, told Arab News that inside the giveaways, each delegate will receive a gift box […]
Lockdowns in China undermine consumer confidence and threaten recovery
Chinese consumers, worried about a loss of income during Covid-19 lockdownsas well as their lingering fears about overall job security, are holding back China’s economic recovery. Officials urging consumers to spend are concerned about people like Wu Lei, a soccer coach in Beijing who put off buying a new cellphone. “I’ve lost the lion’s share […]
Chinese consumer and tech stocks jump on easing of lockdown
Peak hour! Crowds! Long queues to get into restaurants! Yay! It’s funny how things we might previously consider a nuisance become pleasant scenes of normalcy when you’re in pandemic recovery mode. And so it was that mundane signs of normal life in China drove consumer-focused stocks higher today. Chinese consumer names, especially with a tech […]
Chinese provinces resume cross-provincial group tours ahead of holiday to boost tourism
The Plaza 66 shopping center on Nanjing road in Shanghai resumed operations on June 1. The flow of people has increased and there are long queues in front of some luxury shops. Photo: Chen Xia/GT More than ten Chinese localities have decided to restart inter-provincial group tours, after the Ministry of Culture and Tourism (MCT) […]
May 31, 2022 I Chinese jets enter Taiwan airspace, Taliban harbor terrorist groups, US gun laws, Punjab police arrest five in Sidhu Moose Wala case, AAP Minister Satyendra Jain Arrested, Umar Khalid’s Bail Plea I Clear Cut Ep
Updated: May 31, 2022 8:23 PM (IST) Clean cut Ep – 12 Main titles of May 31, 2022 0.33 to 11.22 International titles:- 1. China enters Taiwan’s airspace for the second time this year with 30 fighter jets. 2. Amid the current economic crisis in Sri Lanka, India has extended the $500 million line of […]
Niue is a small island of 261 km. But in Chinese thinking, it’s as big as Vietnam
Niue is one of the South Pacific islands included in Chinese Foreign Minister Wang Yi’s mission to deepen relations as part of his Pacific Islands tour. Wang spoke with Niue Prime Minister and Foreign Minister Dalton Tagelagi via video on Sunday, May 29, with the two sides pledging to deepen bilateral cooperation, including on the […]
Chinese premier stresses need to implement policies to stabilize economy – Xinhua
Chinese Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, speaks during a teleconference on the implementation of economic stabilization policies on 25 May 2022. Vice Premier Han Zheng, also a member of the Standing Committee of the Political Bureau of […]
Another Chinese Super League setback as Chongqing pulls out | National sports
Unable to pay players and staff, Chongqing Liangjiang withdrew from the Chinese Super League just over a week before the start of the delayed season in another setback for the domestic football scene. In an unwanted echo of the build-up to the 2021 season, when champions Jiangsu FC withdrew, Chongqing announced on Tuesday that it […]
Chinese foreign minister to visit Solomon Islands amid concerns over security pact | app
BANGKOK (AP) — Chinese Foreign Minister Wang Yi will visit the Solomon Islands this week in what the leader of the South Pacific nation called a “milestone” in his country’s relations with China, amid the concerns about their security pact that could allow Chinese military personnel on the islands. But Prime Minister Manasseh Sogavare insisted […]
Another setback in Chinese Super League as Chongqing withdraws
Unable to pay players and staff, Chongqing Liangjiang withdrew from the Chinese Super League just over a week before the start of the delayed season in another setback for the domestic football scene. In an unwanted echo of the build-up to the 2021 season, when champions Jiangsu FC withdrew, Chongqing announced on Tuesday that it […]
Chinese province of nearly 100 million to be tested for Covid every two days
China’s Henan province has ordered its nearly 100 million people to take a Covid test every two days, an unprecedented step as the country grapples with an Omicron-fueled surge. China has persisted with its zero-Covid policy, imposing strict shutdowns and movement restrictions on several cities even as much of the world has transitioned to life […]
Chinese premier stresses expanding opening-up – Xinhua
Chinese Premier Li Keqiang attends a symposium on the 70th anniversary of the China Council for the Promotion of International Trade in Beijing, capital of China, May 19, 2022. (Xinhua/Ding Lin) BEIJING, May 20 (Xinhua) — Chinese Premier Li Keqiang has reiterated China’s stance that it will unswervingly expand its opening-up and continue to make […]
California church shooting suspect called ‘too radical’ for Chinese communist group
The suspect in the mass shooting at a Taiwanese religious gathering in Laguna Woods on Sunday that killed one person and injured five others was involved with a pro-China organization where a member described him as “too much radical” for the group, according to the media. The Taipei Times in a Tuesday article said David […]
Financial institutions still confident in the Chinese market
BEIJING: Despite the Covid-19 outbreaks and mounting downward pressure on the economy, several global financial institutions have expanded their presence or plan to do so in the Chinese market, showing continued confidence in the world’s second-largest economy. Six asset management companies have recently been approved to join the Qualified Foreign Limited Partner (QFLP) program or […]
Chinese, Japanese, Indian or French: here are the 5 cheapest cars on sale in South Africa right now
The South African economy is not in great shape at the moment, interest rates are rising, as are the price of fuel, and many consumers are looking for more for their money. We take a look at the five cheapest cars on sale in South Africa with prices starting just below R150,000 The brands on […]
Australia says Chinese spy ship is skirting west coast | app
CANBERRA, Australia (AP) — Australia’s defense minister said Friday that a Chinese warship with spy capabilities cruised the country’s west coast in what amounted to an “aggressive act.” Minister Peter Dutton said the ship was seen heading north on Friday morning about 250 nautical miles from Broome in Western Australia, and had been tracked along […]
Would you like a coffee with your sneakers? Chinese sports brand Li-Ning registers its trademark “Ning Coffee”
An unexpected competitor is joining the Chinese coffee market. With over 7,000 stores nationwide, Li-Ning has the potential to become the largest sports cafe chain to date. AAnother player is joining the growing coffee market in mainland China. It’s not an American coffee giant, nor a Hong Kong coffee shop chain – it’s China’s leading […]
Nine out of 10 Chinese see friendly relations between China and ASEAN
Photo taken on Sept. 10, 2021 shows a view of the Nanning International Convention and Exhibition Center, the venue for the 18th China-ASEAN Expo and the China-ASEAN Business and Investment Summit, in Nanning, capital of the region. Zhuang Autonomous Region of Guangxi (southern China). The 18th China-ASEAN Expo and China-ASEAN Business and Investment Summit kicked […]
Chinese brands boost their global profile
A Huawei employee demonstrates the features of the Huawei Mate XS device, during a media event in London, February 18, 2020. [Photo/Agencies] Willingness to embrace technological innovation, China’s rapid economic growth and the advantages of a large domestic market have been the key factors for many Chinese brands to gain international recognition in recent years, […]
Marathon held on Chinese-built highway revives Kenyans’ hope of economic vitality – Xinhua
Brimin Misoi, the winner of the men’s 42km race, crosses the finish line during the Nairobi City Marathon in Nairobi, Kenya, May 8, 2022. (Xinhua/Li Zhuoqun) Around 8,000 amateur and elite runners took part in the first Nairobi City Marathon in four categories on Sunday on the China-built Nairobi Expressway. NAIROBI, May 9 (Xinhua) — […]
Popular Chinese Toon Elevates Lower Class Rejection To Lion Dance Champion
A ridiculously satisfying underdog sports story set in the highly specialized arena of the Chinese lion dance, “I Am What I Am” features a plot familiar enough that it could have been computer generated, peppered with sufficiently unique details. so that the experience constantly succeeds in surprising . The result is an inspired blend of […]
Chinese tech companies are quietly leaving Russia
As China said it would drop sanctions on Russia for its invasion of Ukraine, many of the country’s tech companies have begun to give up doing business in Russia. That’s according to a Friday, May 6 report from the Wall Street Journal, which said the Chinese government has called on companies to resist pressure from […]
10 Chinese Concept Cars That Could Be A Game Changer
A few decades ago, the Chinese auto industry might have been mostly a collection of counterfeits and econoboxes, but things have changed a lot since then. As demand for cars has grown in China, the fortunes of automakers in the country have grown, and as a result, many of them are strapped for development cash […]
Opportunities and Challenges for the Chinese Expat Community in the UAE in a New Era
As one of the first Gulf Arab states to establish diplomatic relations with Beijing, the United Arab Emirates has enjoyed friendly relations with the People’s Republic of China since 1984. Already a commercial hub in the region, Dubai has become the regional base of the Chinese state. capital-owned companies after the first Gulf War. Since […]
Normalizing nucleic acid testing in Chinese metropolises ‘means of transition’ with minimum cost for full social opening, recovery: expert
Beijing residents line up for a swab test for the Covid-19 coronavirus on May 1. Photo: IC Assuming that the dynamic zero-COVID policy remains unchanged, large-scale lockdown can only be avoided through regular and standardized nucleic acid testing, which means economic development and anti-epidemic work can be balanced. ; Meanwhile, normalizing nucleic acid testing is […]
Serbia displays Chinese missiles amid Balkan concerns | app
BELGRADE, Serbia (AP) — Serbia publicly showcased a recently delivered Chinese anti-aircraft missile system on Saturday, raising concerns in the West and some of Serbia’s neighbors that an arms buildup in the Balkans could threaten a fragile peace in the region. The sophisticated HQ-22 surface-to-air system was delivered last month by a dozen Chinese Air […]
A record 10.76 million Chinese graduates diversify their choices despite employment difficulties
A recruitment fair for university graduates for 2021 is held in Guangxi Zhuang Autonomous Region (southern China). During the fair, 350 companies offered 16,000 jobs to future graduates. Photo: cnsphoto Find a job, pursue a master’s degree or pass a civil servant competition…? An unprecedented 10.76 million graduates are expected to be resourceful in finding […]
Chinese actions facing reality
Investors in a brokerage house in Fuyang. Chinese stocks have fallen sharply this week. Photo: CHINA DAILY/VIA REUTERS April 26, 2022 9:36 a.m. ET The Chinese stock market saw a sudden rally last month as investors hoped for a stimulus from Beijing. Fears of prolonged Covid-19 restrictions prompted an equally sudden reassessment. Chinese stocks have […]
Chinese premier stresses need to continue fight against corruption, build clean government – Xinhua
Chinese Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, speaks at a meeting of the State Council on clean governance in the Chinese capital, Beijing, on April 25, 2022. Zhao Leji, secretary of the CPC Central Commission for Discipline Inspection, […]
China-US economic and trade relations are win-win in nature: Chinese Ambassador to US
(Xinhua) “As we face a complex and serious situation in agricultural development and food security around the world, I firmly believe that China and the United States, as major agricultural producers, consumers and traders, must meet challenges together, maintain stable development of agriculture, strengthen the resilience of agricultural supply chains, ensure domestic food security and […]
No short-term Chinese overseas travel
SINGAPORE, April 22, 2022: Like it or not, China has been in the headlines since the outbreak of the pandemic in 2020, and it’s for all sorts of reasons, according to the latest update. ForwardKeys trend updates. Despite the Covid lockdown and the strict zero policy that has shut down outbound tourism, there remains an […]
Why Chinese bank card chips might not ease Putin’s economic pain | Business and economy
Cut off from international payment systems by sanctions imposed by the West, Russia has turned to China for the microchips it needs to meet growing demand for its national bank cards. But while Chinese manufacturers may be able to provide a quick fix for Russia’s beleaguered financial institutions, they are unlikely to be able to […]
Omicron struggles in the short term not to change the fundamentals of the Chinese economy – Xinhua
Aerial photo taken on April 15, 2022 shows a view of Yangshan Port in east China’s Shanghai. (Xinhua/Ding Ting) BEIJING, April 20 (Xinhua) — Despite Omicron’s onslaught, China’s economy grew in the first quarter of the year. The pandemic will not change the fundamentals of the national economy. Gross domestic product rose 4.8% over the […]
Chinese sportswear brands post positive growth in Q1 as Western brands continue to lose market share
Photo by Li Ning: VCG Chinese sports brand Li-Ning saw a nearly 30% year-on-year increase in retail sales in the first quarter of 2022, the company said on Monday. Li-Ning posted overall positive growth in the first quarter for same-store sales as well as retail sales, the company said in a statement to the Hong […]
Reasons to remain bullish on China’s economy-Xinhua
* China’s gross domestic product rose 4.8% year-on-year in the first quarter, following a 4% increase in the previous quarter. * This positive start to the year defied uncertainties related to the Russian-Ukrainian conflict and the resurgence of national COVID-19 infections. * Long-term economic fundamentals remain strong and the continued momentum of the economic recovery […]
Chinese top lawmaker meets with Russian Federation Council chairman – Xinhua
Li Zhanshu, Chairman of the Standing Committee of the National People’s Congress (NPC), speaks with Russian Federation Council Speaker Valentina Matviyenko via video link at the Great Hall of the People in Beijing, capital of China, on April 15, 2022. (Xinhua/Yue Yuewei) BEIJING, April 15 (Xinhua) — Li Zhanshu, chairman of the Standing Committee of […]
Chinese officials ‘painfully aware’ of economic fallout from shutdowns: European Chamber speaker
Jörg Wuttke, president of the European Union Chamber of Commerce in China, said in an interview with CNN Business on Thursday that his recent conversations with the government had been encouraging as pressure mounted on Beijing to ease the measures that have stifled economic activity and kept millions at home. “They are painfully aware of […]
China’s economy could grow by 5.9% this year: Credit Suisse | News
Yi David Wang, chief China economist at Credit Suisse Group AG, said he may revise his projection closer to 5.6% once the impact of coronavirus lockdowns becomes clearer. RELATED: Cuba and China seek to promote cultural exchanges According to the report, Wang’s prediction is based on three reasons. “First, coronavirus shutdowns will hurt production less […]
Communist Party of China and Socialist Modernization in China
The Communist Party of China (CCP) is the ruling political party in the People’s Republic of China. The party is the vanguard of the Chinese working class, a staunch supporter of Chinese culture and the voice of the Chinese people of all ethnic groups. The CCP was founded in 1921 on Marxist-Leninist principles and was […]
Chinese markets tumble as lockdowns and inflation persist
Data: FactSet; Graphic: Axios Visuals Chinese stocks suffered their worst fall in weeks on Monday amid growing COVID-19 lockdowns across the country. Why is this important: Lockdowns in China, a manufacturing giant, could weaken both its economy and that of the world, and add new challenges to global supply chains. State of play: China imposed […]
Save globalization! Buying a Chinese EV
SCHUMPETER IS NOT a car owner. He bought his last, a diesel-powered Volkswagen, in 2015, days before the emissions cheating scandal broke. He was so dismayed that when the car’s engine caught fire, he swore never to buy another and took a bicycle instead. Since then, he has lived in emission-free sufficiency. At least it […]
Chinese premier stresses importance of stabilizing economic fundamentals – Xinhua
Chinese Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, chairs an economic situation symposium attended by economists and entrepreneurs in Beijing, capital of China, on 7 April , 2022. Chinese Vice Premier Han Zheng, also a member of the Standing […]
Lockdowns in Shanghai and other Chinese cities pose a growing threat to the economy
Shanghai – home to China’s main financial center and some of its largest seaports and airports – has been in lockdown for 12 days, and there’s no sign of it ending. Small businesses have been hit hard, with shops and restaurants forced to close. Tesla, as well as many Chinese and Taiwanese manufacturers, do not […]
Chinese-owned international airport to boost Cambodia’s economy and tourism (PM-Xinhua)
Cambodian Prime Minister Samdech Techo Hun Sen visits the construction site of the Chinese-invested Siem Reap Angkor International Airport in Sotr Nikum district, about 40 km from the UNESCO-listed Angkor Archaeological Park and 50 km from the provincial city of Siem Reap, Cambodia, April 3, 2022. (Photo by Ly Lay/Xinhua) “We are lucky to have […]
Gen Z’s love for Guochao bodes well for China’s economy – Xinhua English.news.cn
* Guochao – a consumer trend translated as “China-chic” has swept the country’s younger generations. * In addition to cultural and creative products, an increasing number of domestic enterprises have seized the business opportunity provided by Guochao to win a larger market share and more customers. *Data from the National Bureau of Statistics shows that […]
Gen Z’s love for Guochao bodes well for China’s economy
Wang Junwen thought he could easily buy a fuzzy Winter Olympics mascot from a recent online presale, but all the products were sold out within seconds. “I thought these mascots wouldn’t be popular for very long, because the Winter Olympics had been over for about a month. Eventually, I had to wait in line for […]
Chinese EV makers see March shipments increase
Chinese electric car makers Nio, Xpeng and Li Auto are facing several headwinds, including rising raw material costs and a Covid resurgence in China. However, they all showed an increase in delivery volumes in March. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle start-ups Nio, Xpeng and Li Auto delivered more cars in […]
NBA Basketball returns to Chinese TV after a long absence
China Central Television, China’s state-run broadcaster, has resumed broadcasting NBA games, signaling that the rift between the league and the authoritarian government that has persisted since 2019 appears to be coming to an end. The news was first reported by Global Times, a Chinese state-run media outlet, and confirmed by an NBA spokesperson. The first […]
Chinese businessman who bribed Ugandan dictator Museveni and aide $1m, paid $1m ‘provision’ to US president’s son Hunter Biden – Report
General Museveni, flanked by Patrick Ho and Sam Kutesa. Photo: Archive. Patrick Ho, the Chinese national who was found guilty in a US federal court of bribing Ugandan military dictator General Yoweri Museveni and the country’s foreign minister allegedly paid $1 million to Hunter Biden, the son of President Joe Biden. The mandate report to […]
The Second Growth Chart of China’s Garment Industry – WWD
After more than a decade of robust expansion, China’s apparel industry is looking to identify new growth opportunities. But how can these companies embrace breakthrough innovation at a speed that mirrors that of China’s high-speed railway? The financial results published recently by some large companies could provide clues. Excess inventory was once the biggest challenge […]
4 Chinese badminton players guilty of not playing seriously
KUALA LUMPUR, Malaysia (AP) — Four Chinese badminton players are on two-year probation for not doing their best to win a doubles match in 2018. The incident happened during the quarter-finals of the Fuzhou Open in China in November 2018. Next, Li Jun Hui and Liu Yu Chen, ranked No. 2 in the world, faced […]
Chopsticks, pixels and the pioneers who redesigned modern Chinese
They can be found on almost every street in China. Considered obsolete horrors by some experts, they are nevertheless so ubiquitous – on buses, outside shops, in sports lotteries, at night markets and anywhere there is an LED screen – that even the trained eye can see without thinking twice. Designers call them “matrix typefaces”, […]
Biden administration to reinstate some tariff exclusions on Chinese imports
The Biden administration will allow certain products imported from China to once again circumvent tariffs imposed by President Donald J. Trump, the office of the U.S. Trade Representative announced Wednesday. The commerce bureau said it would reinstate some tariff exclusions that expired at the end of 2020, allowing some businesses to avoid taxes on Chinese […]
Economists see strong rebound in China’s economy
BEIJING: Recently released economic data for the first two months of 2022 shows that the Chinese economy has grown better than expected, with strong rebounds in key areas. Economists say China’s economy has shown good resilience in the face of pressures and challenges, and expect greater potential for it in the future. Since the beginning […]
CSE investor sentiment soars on Chinese financial aid news – The Island
Interview with Sharad Amalean Sri Lanka’s garment sector contributes 6% to the country’s GDP and accounts for almost half of all merchandise exports. The sector provides direct employment for 350,000 workers and an additional 700,000 Sri Lankans benefit from livelihood opportunities as part of the wider supply chain. Sharad Amalean, Chairman of the Joint Apparel […]
Beijing tells Chinese in Russia to help fill economic void
BEIJING (BLOOMBERG) — China’s top envoy to Russia has urged Chinese businessmen in Moscow to seize economic opportunities created by the crisis, a strategy that could help soften the blow from international sanctions. Ambassador Zhang Hanhui told a dozen business leaders on Sunday (March 20) not to waste time and “fill the gap” in the […]
Chinese sportswear maker Xtep sells NFTs at a higher price than its own sneakers
Chinese sportswear maker Xtep has jumped on the non-fungible token (NFT) bandwagon with the release of a series of digital trainers, as mainstream brands inside and outside the countries are rushing to capitalize on the popularity of digital assets. At a Sunday night press conference where Xtep announced a range of new sportswear, the company […]
Sharing has been part of Chinese culture since ancient times – Opinion
Editor’s Note: Four decades of reform and opening up have not only made China the world’s second largest economy, but have also changed the way of life of its people. A veteran China Daily reporter tries to find out why the split is so deep. rooted in Chinese culture. Sharing has been a virtue in […]
Nike and Adidas lose out to Chinese house brands
At the 4th CIIE, Nike is holding an exhibition of products used by athletes cooperating with Nike in each era of its 40 years in the Chinese market. Photo: Xie Jun/GT China’s sportswear market is changing, with the ‘halo’ hanging over international brands like Adidas and Nike rapidly dissipating as Chinese consumers begin to embrace […]
Chinese stocks are on a roller coaster with no end in sight
New York CNN Business — U.S.-listed Russian stocks are plummeting after the invasion of Ukraine, but it’s not the only country whose stocks are being shattered. Stocks of major Chinese companies have seen their ups and downs in 2022. Many factors are weighing on sentiment: concerns about the possibility of large Chinese companies being delisted […]
Variety show explores Olympic dreams and Chinese sports culture
Gold beyond medals for China’s top athletes
Athletics is proving a sure thing to play for fashion brands in China. Sports stars, with their wholesome public images, have become the new darlings of the industry even as China cracks down on celebrity excesses. As the Beijing 2022 Winter Olympics come to an end, the partnerships between brands and medalists have become closer […]
Chinese thumbnails | China’s two battles: to avoid Western sanctions and surge in COVID-19 cases, World News
“May our country experience prosperity and our people live in peace and harmony!” Xi Jinping said in his 2022 New Year’s Speech. Three months into the year, it has been anything but. . 2022 was supposed to be a perfect year for Xi, as he is set to begin a third term at the end […]
Chinese sportswear brands see pink profits as consumers turn to local products amid western Xinjiang cotton ‘boycott’
A cotton picking machine moves through a cotton field in Dolatbag Town, Bachu County, northwest China’s Xinjiang Uyghur Autonomous Region. File photo: Xinhua A variety of Chinese sportswear brands posted rosy earnings last year, with some posting triple-digit growth, as patriotic Chinese consumers ‘vote with their feet’ in support of Xinjiang cotton amid relentless slander […]
Saudi Arabia plans to sell oil in Chinese yuan
The crushing sanctions imposed on Russia by the United States have shown the power of the dollar – and that could spur efforts to avoid using the greenback. Example : Saudi Arabia is in talks with China to accept Chinese currency in exchange for oil, reports the WSJ. Why is this important: Such a deal […]
US Olympian Alysa Liu and her father targeted in Chinese spy case
US Olympic figure skater Alysa Liu and her father Arthur Liu – a former political refugee – were among those targeted in a spy operation the Justice Department says was ordered by the Chinese government, the report said. elder Liu. Arthur Liu told The Associated Press he was contacted by the FBI last October and […]
US suspends imports of Chinese sports brand said to be made in North Korea
The United States has suspended the import of goods from Chinese sports brand Li Ning after reports the company used North Korean labor to create its products. U.S. Customs and Border Protection (CBP) announced on Tuesday that it is not allowing any goods produced or manufactured by Li Ning into the country after an investigation […]
Hang Seng: Chinese stocks see best day in years as Beijing promises to boost economy
The Hong Kong benchmark Hang Seng Index (HSI) ended up 9.1%, the biggest one-day gain since October 2008. Shanghai composite (SHCOMP) also rose 3.5%, the largest gain for this index since July 2020. The Nasdaq Golden China Dragon Index, a popular index that tracks Chinese companies listed in the United States, plunged 12% on Monday, […]
EXPLANATOR: How plausible is Chinese military aid to Russia?
BEIJING (AP) — The United States says Russia has asked China to provide military assistance for its war in Ukraine, and that China replied in the affirmative. Moscow and Beijing have denied the allegation, with a Chinese spokesperson calling it “disinformation”. Still, the claims have generated speculation about how far Beijing would be willing to […]
US bans all imports of Chinese sportswear brand Li-Ning due to use of North Korean labor
US Customs and Border Protection (CBP) has banned all products made by a major Chinese sports brand, citing its use of North Korean labor, which amounts to a violation of US sanctions. Founded by former Olympic gymnast Li Ning, Li-Ning Sporting Goods is a leading sportswear and sports equipment company in China. After reviewing its […]
Why Chinese football is still waiting for its golden generation
When the final whistle sounded at Mỹ Đình National Stadium in Hanoi on February 1, the first day of the Lunar New Year, fans in attendance could hardly believe their eyes: Vietnam 3, China 1. goal, China would have been cleared by a team she had never lost to before. In fact, a pandemonium enveloped […]
Chinese coronavirus cases soar, raise threat of trade disruption – Press Enterprise
By JOE McDONALD BEIJING (AP) — Chinese authorities tightened virus checks at ports on Tuesday, raising the risk of trade disruptions after some auto and electronics factories shut down as the government battles coronavirus outbreaks. Stock prices in China and Hong Kong fell for the second day after the shutdown on Monday of Shenzhen, a […]
US warns Chinese against supporting Russia in Ukraine war | News, Sports, Jobs
Associated Press WASHINGTON — Face-to-face, President Joe Biden’s national security adviser warned a senior Chinese official on Monday of China’s support for Russia in the Ukrainian invasion, even as the Kremlin denied reports that he had asked for Chinese military equipment to be used in the war. US adviser Jake Sullivan and senior […]
US warns Chinese against supporting Russia in Ukraine war | world news
WASHINGTON (AP) — Face-to-face, President Joe Biden’s national security adviser warned a senior Chinese official on Monday of China’s support for Russia in the Ukrainian invasion, even as the Kremlin denied reports it said. which he allegedly requested Chinese military equipment for use in the war. US adviser Jake Sullivan and senior China foreign policy […]
US warns Chinese against supporting Russia in Ukraine war – Press Enterprise
By AAMER MADHANI, JOSH BOAK and MATTHEW LEE WASHINGTON (AP) — Face-to-face, President Joe Biden’s national security adviser warned a senior Chinese official on Monday of China’s support for Russia in the Ukrainian invasion, even as the Kremlin denied reports it said. which he allegedly requested Chinese military equipment for use in the war. US […]
America fuels Chinese techno-nationalism
Astronauts Ye Guangfu, Zhai Zhigang and Wang Yaping wave during a ceremony last year before the launch of the Long March-2F Y13 rocket at the Jiuquan Satellite Launch Center. (Photo: Reuters) Although American-born skier Eileen Gu became the darling of the Chinese public during the Beijing Winter Olympics, China has nurtured many of its sporting […]
Foreign companies trust Chinese market – Xinhua
File photo shows the morning view of Lujiazui area in Pudong, east China’s Shanghai. (Xinhua/Ren Long) BEIJING, March 12 (Xinhua) — Despite the prolonged pandemic and an increasingly complex global environment, foreign companies are voting confidence in the Chinese economy as they continue to see opportunities amid efforts to opening of the country. According to […]
Chinese stocks listed in the United States fall on fears of possible delisting
U.S.-listed Chinese stocks had their worst day of trading since 2008 on Thursday, spurred on by fears of possible delisting from U.S. markets under a law requiring companies to hand over information. audit to US regulators. Repercussions were felt in Chinese markets on Friday, where many stocks saw steep declines. The Securities and Exchange Commission […]
Chinese people with disabilities fight for equal rights despite Paralympic glory
BEIJING — As Li Xiang strapped himself into a seat mounted on a single ski and raced down the snowy slope, he reveled in the feeling of freedom that had become all too rare after a car accident forced him to use an armchair. rolling in his childhood. Li, a 24-year-old alpine skier representing China […]
Chinese Premier Li Keqiang warns anti-Russian sanctions will impact global economy
Amid the ongoing war between Russia and Ukraine, Chinese Premier Li Keqiang warned on Friday that anti-Russian sanctions would negatively influence the recovery of the global economy from the COVID-19 pandemic and would harm all countries. He further said that the global economy was already suffering from the negative effects of the pandemic and the […]
Chinese Premier Li Keqiang confirms he will step down next March
BEIJING (BLOOMBERG, REUTERS) – Chinese Premier Li Keqiang said he would step down from his post after his current term expires next March, pointing to an upcoming reshuffle amid questions about President Xi Jinping’s future. Mr. Li made the revelation during his annual press conference on Friday, March 11, in response to a question about […]
A wary Chinese dragon and a reluctant Lebanese government
Since the 2013 announcement of China’s historic “Belt and Road” initiative, several countries in the region, including Iraq, Syria and Lebanon, have raised the issue of moving east to to benefit from this massive initiative, which should break the vicious circle of crises in which these countries have been plunged for decades. The Chinese initiative […]
More Chinese with disabilities benefit from improved public sports services
Zhang Mingkai gives a lecture on health and fitness for residents with disabilities at a fitness center in Changqiao subdistrict in Shanghai. Photo: Courtesy of Zhang Mingkai With the help of a physical trainer, Shanghai resident Shen Ling (pseudonym) slowly pushes her wheelchair onto exercise equipment. She holds the handrails, moving the wheelchair little by […]
Russia turns to Chinese currency
Russian businesses and banks are turning to China’s currency, the yuan (also known as the renminbi), as the doors to the US dollar-based global financial system close due to sanctions. Why is it important: Sanctions against Russia are “gradually contributing to the internationalization of the renminbi,” James Fok, author of the book “Financial Cold War: […]
Amid Growing Economic Pressure, XTransfer Helps Chinese SMEs Go Abroad
Your browser does not support HTML5 audio As two top government bodies meet in Beijing this week for a key event on China’s legislative calendar, policymakers are grappling with an increasing array of tests for the global economy, presenting challenges for small and medium-sized businesses ( national SMEs) seeking to grow. their operations abroad. The […]
Chinese economy has strong momentum and resilience (official-Xinhua)
He Lifeng, head of the National Development and Reform Commission, attends an interview via video link after the opening meeting of the fifth session of the 13th National People’s Congress (NPC) in Beijing, capital of China, on March 5, 2022. (Xinhua/ Li Xin) BEIJING, March 5 (Xinhua) — China’s economy has strong momentum and resilience, […]
Chinese racing glove blocked in Ukraine
Cao never imagined his vacation in Eastern Europe would involve hiding in a bomb shelter as Russian shells pounded outside near the devastated Ukrainian town of Chernihiv. The 25-year-old, one of around 6,000 Chinese nationals who were in Ukraine when the war broke out, described feeling helpless and abandoned after being basically told by the […]
China’s state-run TV censors call for peace at Paralympic Games opening ceremony
US and NATO officials monitoring the war in Ukraine noticed a pronounced change earlier this week in Russia’s strategy, namely that Russia now appears ready to “bomb cities into submission”, which could inflict significant civilian casualties, a senior Western intelligence official told CNN. “Heavier weapons are not only heavier in terms of weight, they are […]
The war in Ukraine further aggravates the problems of Chinese sport
Towards the end of the Beijing Olympics in 2022, International Olympic Committee (IOC) spokesman Mark Adams was asked about Xinjiang or Taiwan three times during a press conference. He responded with generally bland responses, leaving reporters with little to do. But Yan Jiarong, one of the spokespersons for the Beijing Olympics organizing committee, supplemented Adams’ […]
Russian firms rush to open Chinese bank accounts as Western sanctions disrupt cash flow
AMMAN: In the era of Covid, Jordanian mechanical engineer Saliba Taimeh wondered how to deal with an everyday contaminated surface: the handrails of escalators in shopping malls and transport hubs.He invented a device to sterilize them with UV light – and that’s where TechWorks came in.A mine of ideas would not have emerged without TechWorks, […]
Sluggish economic growth will overshadow next session of Chinese Congress, Business & Economy News
A slowdown in housing, a slowing economy and war in Ukraine feature prominently during the annual convocation of China’s legislature this week, with policymakers expected to focus on bolstering faltering growth. The buffer parliament that begins Saturday in Beijing brings together some 3,000 members of the National People’s Congress (NPC) for highly choreographed meetings on […]
China’s economy enjoys bright prospects for high-quality development
China’s gross domestic product (GDP) grew 8.1% year-on-year to over 114 trillion yuan (about $18 trillion) in 2021, with two-year average growth of 5.1% , according to a statistical release on China’s national economic and social development. published by the National Bureau of Statics (NBS) on February 28. A worker is busy producing at a […]
Chinese company withdrawn from exploitation of cobalt mine in Congo
A court in the Democratic Republic of Congo has ruled out the Chinese owner of one of the world’s largest copper and cobalt mines, a major victory for the Congolese government as it seeks to become a more active player. important in the global clean energy revolution. The decision, which removes the mine’s Chinese management […]
Chinese athletics couple show the spirit of disabled athletes
Chinese athlete Liu Cuiqing and his guide Xu Donling at the Paralympic Games in Tokyo. Photo: CGV “Sport gave us new life,” said Miao Mingan, a deaf Chinese track and field athlete, speaking about himself and his wife Yang Lei, another deaf track and field athlete who has won more than 30 championships. in this […]
Frequent appearances in international sporting events, Chinese brands go global – International – Overseas Network
Home » Health » Frequent appearances in international sporting events, Chinese brands go global – International – Overseas Network February 28, 2022 Abstract: With the rapid development of the Chinese economy and the acceleration of its participation in economic globalization, the international demand for Chinese brands is becoming stronger and stronger. The […]
The digital yuan injects new dynamism into the Chinese economy | Kathmandu Grandstand
By Wu Qiuyu, People’s Daily China has rolled out a wide range of payment products to help Chinese citizens and foreigners enjoy the convenience of mobile payment with China’s digital fiat currency, or e-CNY, for small-value payments during the Olympics and 2022 Winter Paralympics. During the just-concluded Beijing 2022 Winter Olympics, many people used digital […]
Five decades later, Shanghai communiqué still resonates with Chinese and Americans – Xinhua
* Looking back, experts observed that the normalization of China-US relations has brought enormous benefits to the two peoples and the rest of the world, opening a new chapter in China-US relations. * Jeffery Lehman, Vice Chancellor of New York University (NYU) Shanghai, still remembered a Chinese table tennis team visiting the United States in […]
Led Zhou Guanyu on the fast track to a breakthrough in Chinese Formula 1
Montmelo, Spain – Zhou Guanyu made his first official outing on Thursday as he continues the final laps of his long journey to become China’s first Formula 1 driver. At 22, Zhou will take that step on March 20 at the season opener of the Bahrain Grand Prix. After sitting out on the first day […]
Are high heels falling out of favor among Chinese women?
For centuries after the end of the Middle Ages, high heels were an emblem of power and aristocracy in Europe. Fast forward a few hundred years, the industrial revolution and subsequent social transformations brought high heels into the mainstream. They became fashionable during the golden age in the United States. They then survived the two […]
Digital yuan breathes new dynamism into China’s economy
A man tries to pay in digital Chinese yuan (e-CNY) on a shared bicycle during an exhibition of Chinese digital fiat currency at the Beijing 2022 Winter Olympics on October 21, 2021. (Photo by Du Jianpo/ People’s Daily Online) By Wu Qiuyu China has rolled out a wide range of payment products to help Chinese […]
Chinese banks restrict loans to Russia and deal a blow to Moscow
Power The Future executive director Daniel Turner and Fox Business contributor Scott Martin discuss the effect of Biden’s policies on inflation on “Fox Business Tonight.” Two Chinese state-owned banks will limit funding for Russian commodity purchases, suggesting there are limits to Beijing’s support for Moscow as the Kremlin faces tough economic sanctions over its attack […]
Led Zhou on the path to breakthrough in Chinese Formula 1
Zhou Guanyu made his first official outing on Thursday, in the final laps of his long journey to become China’s first Formula 1 driver. After missing out on the first day of pre-season testing in Barcelona, Zhou completed 71 laps in his Alfa Romeo on day two. At 22, Zhou will take that step on […]
Japanese city rejects exchange with elite Chinese school
The city of Higashikagawa, located at the eastern end of Kagawa Prefecture, has decided to end its exchange with the Beijing Haidian Shi Yan Foreign Language School, an elite school attended by children from leading members of the Chinese Communist Party. The city had entered into talks for an exchange with the Chinese school without […]
For Chinese leaders, the Olympics were not the jackpot of 2022
BEIJING — The just-concluded Winter Olympics weren’t the big event of the year in China, at least internally. For the Communist Party, it will take place this fall in a major meeting that will likely cement Xi Jinping’s position as one of the country’s most powerful leaders during his seven decades of communist rule. The […]
For Chinese leaders, the Olympics were not the jackpot of 2022 | Sports
BEIJING (AP) — The just-concluded Winter Olympics weren’t the big event of the year in China — at least internally. For the Communist Party, it will take place this fall in a major meeting that will likely cement Xi Jinping’s position as one of the country’s most powerful leaders during his seven decades of communist […]