Government subsidies don’t boost Chinese firms’ productivity

Thailand Business News with a China Perspective
Thailand Business News with a China Perspective
China Business News
Chinese state media and netizens have piled onto social media in recent days to sing the praises of a homegrown web drama about a jade teapot that escapes from the British Museum and tries to get home to China. The…
China’s exports tumbled for the fourth consecutive month in August amid weak external demand and ongoing global supply chain upheaval, posing more challenges to the world’s second-largest economy as it struggles to carve out a path to a post-pandemic rebound.…
Authors: Yu Sheng and Siying Jia, Peking University China has achieved significant progress in ensuring food security through institutional reforms, technological advancements, and increased investment in agricultural infrastructure. From 1978 to 2022, agricultural output grew at a rate of 4.5%…
Embattled Chinese property giant Country Garden has paid two overdue bond-coupon payments, which some hailed as good news for the sector, as Beijing moved to stimulate buying by relaxing rules on mortgages. The lowered down-payment thresholds on properties resulted in…
At present, China’s energy demand is increasing in line with the economic recovery situation and industrial investment trends that signal continuous growth.
The recent US–Philippines Balikatan military exercise was a response to China’s increased aggression in the South China Sea. China had been targeting both Filipino military personnel and small-scale fisherfolk in the Philippines’ exclusive economic zone. China’s provocations had become indiscriminate…
A critical part of China’s Belt and Road Initiative (BRI), the China-Europe Railway Express has expanded by more than 20 percent a year in recent years. However, over the past year, the railway’s growth has slowed dramatically. Its business has…
A major regional security forum is underway in Singapore amid rising tensions in the South China Sea and East Asia, with in-person communication between defense chiefs from China and the United States remaining shuttered. U.S. Defense Secretary Lloyd Austin had…