With President Xi Jinping’s announcement at the 76th UN General Assembly that China “will not build new coal-fired power projects abroad”, all major public financiers of overseas coal plants have […]
Business News (China)
Trending topics and news from the Business News (China) category
Back to news homeChinese bank earnings spared from property distress as Evergrande and troubled peers pose threats to loan quality
Chinese banks reported a strong set of third-quarter operating results, evading a distress among mainland property developers as the industry hit a rough patch. More tests await in the coming […]
How long can China’s zero-covid policy last?
FROM THE outside, it resembles an army base, an expanse the size of 45 football pitches filled with rows of austere, grey, three-storey buildings. The facility (pictured) on the outskirts […]
How Xi Jinping’s China differs from Mao’s
FOR SEVERAL big reasons it is misleading, even morally indecent, when commentators assert that China is embarking on a new Cultural Revolution. It is true that the Communist Party is […]
China Evergrande Gets Soft Treatment in Chinese Media
As China Evergrande Group teeters on the edge of collapse, videos of protesting home buyers have flooded social media. Online government message boards teem with complaints and pleas for intervention […]
Goldman Sachs Wins Approval to Buy Out Partner in China
Goldman Sachs has won approval to take full ownership of a joint venture in China, enabling the Wall Street firm to expand its operations in the country at a time […]
China denies testing nuclear-capable hypersonic missile
The report in the Financial Times newspaper reportedly caught US intelligence by surprise. Read More
China’s growth slowdown suggests recovery is losing steam
The world’s second largest economy expanded by less than expected in the third quarter. Read More
Apple takes down Quran app in China
The popular Islamic app was removed in the country, after an official request. Read More
Tencent to set up privacy oversight committee, a requirement of China’s personal information law starting next month
Tencent Holdings announced a new privacy oversight committee tasked with assessing the company’s user data protections, making it the first Big Tech firm in China to set up such a […]
