According to media reports, the Chinese word for “stock market” (股市) is blocked in social media and online searches in China. According to the report, the background is that state-backed funds had intervened earlier in the week to calm the Chinese stock market with purchases. On the web version of Weibo, the Twitter-like platform with […]
A number of companies and private individuals in the region of Xinjiang want to take legal action against German citizen and ethnologist Adrian Zenz. The plaintiffs are demanding apologies from Zenz for damage to their reputation as well as financial compensation, as first reported by Tianshannet, a local state news portal from Xinjiang. The report […]
The numbers speak for themselves: 1950, 1954, 1955, 1956, 1957, 1958, 1959 – these are the birth years of the women represented on the 19th Central Committee of the Communist Party of China. All of them are women who are close to retirement age if they are not already. Like Sun Chunlan, who turns 71 […]
Li Shufu, chairman of Geely Automobile Holdings Ltd, one of China’s leading automakers, is calling on the government to change the country’s transportation regulations to allow battery cells for electric vehicles (EVs) to be transported by rail. Rules prohibiting the transport of lithium batteries by rail were established decades ago for safety reasons, as the […]
China’s electronics retailer Suning.com announced the sale of shares worth $2.3 billion. This would transfer almost a quarter of the company to state-owned enterprises. To ease Suning’s debt pressure, state-owned Shenzhen International Holdings Ltd. and Shenzhen Kunpeng Equity Investment Management Co. planned to buy 8 percent and 15 percent of Suning’s shares, respectively, the appliance […]
Viktor Orban shared this photo on Facebook yesterday. The Prime Minister of Hungary had himself vaccinated with a dose from Chinese manufacturer Sinopharm. Hungary is stepping up its vaccination program with Russian and Chinese vaccines as a third wave of the pandemic has brought daily infections and deaths to mid-December levels.
According to data released Sunday by China’s National Bureau of Statistics (NBS), economic growth in China’s industry is at its slowest pace in nine months. The purchasing managers’ index fell to 50.6 points in February from 51.3 points in January. This signals China’s manufacturing sector is still growing but at a slower pace than expected. […]
China’s coal consumption fell last year, according to data released by the National Bureau of Statistics in Beijing on Sunday. Coal accounted for 56.8 percent of the country’s total energy consumption in 2020, 0.9 percentage points lower than the share in 2019. However, as the People’s Republic’s energy consumption increased by 2.2 percent last year, […]
If Mrs. Li (57) from Beijing has her way, a meat dish must be on the table at every meal. She cooks for herself and her husband, her 74-year-old mother, her daughter and her grandchild. She goes shopping at the market near Gongti Stadium almost every day. Eating meat is part of her daily routine. […]
Former assembly line worker Wang Laichun, who worked her way up at Apple contract manufacturer Foxconn and founded electronics supplier Luxshare, is number one on Forbes’ list of the top 100 businesswomen in China this year. Among the top Women on the list are Cheng Xue, Vice Chairwoman of soy sauce maker Haitian Flavor, and […]
