China has finally released details of how its “unreliable entity list” will be implemented, giving Beijing a new legal weapon to sanction foreign businesses it dislikes.On the surface, the regulation sounds dire. Its sweeping powers allow for foreign firms, organisations…
China’s industry ministry has joined hands with China Development Bank – Beijing’s financing arm that bankrolls state-backed projects – to pump hundreds of billions of yuan into designated manufacturing and technology projects as the government further directs resources into areas…
China is set to expand the testing of its new sovereign digital currency later this year or in early 2021, but analysts say the design of its technological platform needs to be made compatible with those of other countries if…
Chen Yunfeng, the chief of Yancang village in Henan province, has grown dismayed by the disadvantages that ageing rural peasants face in Chinese society.“We plant grains, but grains are cheap,” Chen said while puffing cigarettes under a no-smoking sign in…
A real estate project in Zhuhai city’s Hengqin district that was sold as commercial-residential property for mixed use has evolved into a potential legal wrangle, as at least 14 Hong Kong buyers are planning legal action on claims of being…
China’s industrial giants saw their monthly profits grow for a second successive month in June, but remained in the red over the half of the year, due to the impact of the coronavirus.Last month, profits of industrial firms saw a…
Washington’s decision to impose sanctions on Chinese individuals and financial institutions for their role in developing Hong Kong’s new national security law may threaten Beijing’s efforts to make the yuan an international currency, according to analysts.Meanwhile, some say US threats…
