China Economy: Latest News, Statistics, and Analysis | South China ...
WEBChina’s August home prices slump by 5.7% as stimulus loses oomph. The smallest cities such as Yangzhou, Huizhou and Dali posted the biggest drops, with their losses widening from July and June. 14 Sep 2024 - 5:09AM. Economic Indicators.
Five-year plan: China moves to technology self-sufficiency
WEBOct 30, 2020 · China will have to rely more on self-sufficiency in technology as a key factor in managing the fast-changing international environment, a senior Chinese government official said, at a press conference outlining more details on China’s future development plans on Friday.
US assures Manila of support after ‘deliberate collision’ in South ...
WEBAug 21, 2024 · The collision could set back recent efforts to de-escalate tensions in one of the world’s busiest waterways. Over recent decades, China has stepped up expansive sovereignty claims over the vast majority of the South China Sea – and its estimated 11 billion barrels of untapped oil and 190 trillion cubic feet of natural gas – often brushing aside competing claims by Brunei, Indonesia ...
Understanding the US-China Tech War - South China Morning Post
WEB5 days ago · China calls on US to axe tariff increases on EVs, solar cells and semiconductors. Beijing says Washington’s decision to raise duties on Chinese hi-tech goods will undermine supply chains without helping American industry. 15 Sep 2024 - 9:18AM. 16. Tech War.
2 years after US killed the rail gun, China brings weapon back to …
WEBDec 9, 2023 · Military engineers have managed to create an electromagnetic rail gun that does not suffer damage after continuous firing; The breakthrough Chinese weapon has surpassed the US, which cancelled its costly rail gun development in 2021
China’s new antitrust rules could increase Big Tech scrutiny, adding ...
WEBJun 29, 2022 · “The SAMR is expected to closely monitor the merger transactions of large tech firms and will have the discretion to intervene in mergers even if they do not meet the notification thresholds,” said Angela Zhang, an associate professor with the University of Hong Kong’s Faculty of Law.
Despite disruptions and restrictions, steady recovery predicted for ...
WEBJun 26, 2022 · As the pandemic eases, China’s economy is expected to stabilise later this year, so investors should be selective with their portfolios; Economic performance and investment sentiments have also been affected by the ongoing Russia-Ukraine conflict and US-China trade war
China’s defence budget signals military readiness, not imminent …
WEBMar 5, 2024 · He also stressed the need for military loyalty, following one of the largest purges in the defence ministry in recent years. The world’s second-biggest military budget, which is set to grow to 1.67 trillion yuan (US$232 billion), according to the ministry, is closely watched as China faces multiple tensions in the South China Sea and the Taiwan Strait, as well as continued friction in its ...
Sichuan mourns earthquake victims as death toll rises and rain …
WEBSep 12, 2022 · The death toll from the 6.8-magnitude quake has risen to 93 – 55 in Garze Tibetan autonomous prefecture and 38 in the city of Yaan – with 25 people still missing on Sunday evening, according to state broadcaster CCTV.
Shanghai bets on live-streaming economy to boost consumption
WEBSep 3, 2024 · Under the “Three-Year Action Plan for High-Quality Development of Shanghai’s Live-Streaming Economy (2024-2026)” released on Monday, the local sector by 2026 should generate an annual gross merchandise value of 600 billion yuan (US$84.6 million), establish 10 top-tier live-streaming platforms, foster a batch of multichannel networks (MCNs) and brands, and come up with a hundred ...