China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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4,639 articles matching the search query.
Conditions not right for China to expand property tax trial this year - Xinhua
China won’t roll out the new property tax trial this year, the finance ministry said, as authorities seek to avoid further damage to confidence in the sector.
U.S. detains Li Ning products at ports, cites North Korean link
Goods from Chinese sportswear giant Li Ning have been held at U.S. ports after a probe discovered North Korean labor in the company’s manufacturing process, said U.S. Customs and Border Protection (CBP).
China Updates Quarantine Rules, Treatments for COVID-19 Patients
China has updated its rules on COVID-19 after almost a year, relaxing quarantine and hospital admission policies for those who test positive for the virus, as Omicron challenges the nation’s strict COVID-zero policy.
Health officials reported 3,054 domestic coronavirus cases on Wednesday, lower than the 5,154 local infections — the country’s largest daily toll since 2020 — logged the day before.
Covid News: China to Use Pfizer Treatment as Outbreak Grows
Global cases have increased over the past two weeks, driven by high caseloads in Asia and Europe. India starts vaccinating those ages 12 to 14 as more schools reopen.
‘I’m on the frontline in Mariupol’: the Chinese reporter embedded with Russian troops
A Chinese reporter has exclusive access to Moscow’s side of Ukraine: Lú Yǔguāng 卢宇光, a veteran journalist for Chinese news outlet Phoenix TV, is “on the frontline in Mariupol” as perhaps the only foreign correspondent embedded with Russian troops. Beijing has been tilting toward Moscow’s version of the conflict, though some in China have dared to speak against the pro-Russia tide.
Australia Plans Rare Earths Boost to Challenge China Dominance
Australia is set to announce $175 million for projects, including a new battery material refinery hub, to combat China’s rare earth dominance.
Remote healthcare provider Ping An Good Doctor is still losing money, but it’s losing less than it did last year. The company, a spin-off of Ping An Insurance that IPO’d in Hong Kong in 2018, released its 2021 results: Revenue was 7.334 billion yuan ($1.15 billion), a year-on-year increase of 6.8%, but it lost 1.538 billion yuan ($240 million).
Near-full transcript of Premier Li Keqiang's Press Conference
Read a near-full transcription of Lǐ Kèqiáng’s 李克强 last press conference as premier, courtesy of Pekingnology, as the annual Two Sessions closed out last Friday.
Meanwhile, Xí Jìnpíng 习近平 has been reportedly considering Hé Lìfēng 何立, a top official at China’s state economic-planning agency and a decade-long confidant, as the new leader for the the country’s economic and financial systems, an appointment that would solidify Xi’s broad control over the world’s second-largest economy.
China’s Home Sales Plunged 22.1% in First Two Months of 2022
China’s home sales plunged 22% in the first two months of 2022 as demand slowed following last year’s efforts by the central government to burst a property bubble.
Outlier or New Normal? Trends from the 2022 China’s Global Energy Finance Database Update - The China Africa Project
There were “no new energy development finance commitments in 2021 from China to foreign governments through its two most active policy banks” for the first time in the 21st century, a policy brief has found using the China Global Energy Finance (CGEF) Database managed by the Boston University Global Development Policy Center. Some more interesting findings:
From 2016 to 2021, CDB and CHEXIM conducted 92 loans worth $75.1 billion to 37 foreign governments and entities in the energy sector, far exceeding total energy sector lending by the World Bank over the same period. China is not alone in decreasing development finance in 2021, as most development finance institutions around the world decreased new commitments last year.
Opinion | Chinese ambassador: Where we stand on Ukraine
China calls for peace but does not criticize Russia: After Beijing rebuked the U.S. claim that Moscow had asked it for aid in its war on Ukraine, China’s ambassador to the U.S., Qín Gāng 秦刚, published an opinion piece in the Washington Post denying that China was complicit in the invasion and saying, without criticizing Russia at all, that “China is committed to an independent foreign policy of peace.”
Covid in China: Shanghai Urges Bankers to Work From Home, Rules Out Lockdown
Shanghai has become the latest test for China’s COVID-zero policies, with a record 758 new cases on Sunday (734 asymptomatic), double the cases from two days earlier. Large segments of the city have been locked down, classes have moved online, and incoming flights have been rerouted. Last week, the city ruled out imposing a broad stay-at-home order, but officials said on Monday that some areas will remain locked down.
Shanghai Disney Resort has also temporarily shut down due to COVID concerns.
Tencent reported to be cutting 20% of its workforce · TechNode
Rumor has it that Tencent is cutting 20% of its staff, according to some reports, joining the list of big tech companies that have trimmed their workforce starting last year.
COVID-19 cases more than double in China's growing outbreak
China’s COVID-19 cases more than doubled in a day, with 3,507 new local identified cases in the latest 24-hour period, up from 1,337 a day earlier.
Shanghai has “no plan” to go into complete lockdown, the government said on Tuesday. However, the city has diverted more than 100 international flights and locked down the Shanghai Sixth People’s Hospital on March 6 over an “abnormal” nucleic acid test. Beijing has suspended in-person classes for after-school training institutions, authorities said on Monday, after reports of five confirmed new cases, including two students. New lockdowns and pandemic restrictions have stymied operations for suppliers to Toyota, Volkswagen, and Apple, and threaten to disrupt global supply chains.Yesterday on SupChina: Major cities lock down as Omicron breaks through China’s defenses.
China's cyberspace regulator drafts new rules to protect minors
Beijing has issued draft regulations to protect minors engaging in online gaming and livestreaming. The rules will be an extension of a previous three-hour limit on gaming.
China backs Russian allegations about US biological weapons
China has backed Russia’s claim on U.S. bioweapons in Ukraine, both on the front page of state-run news outlet Xinhua and after Zhāng Jūn 张军, China’s permanent envoy to the UN, said that the “concerns raised by Russia should be properly addressed.”
China Seeks to Cut Coal Import Reliance With Mining Boom
China plans to increase domestic coal production capacity by about 300 million tons in an effort to reduce its reliance on imports, a plan that will deal a blow to its climate ambitions.
Key outcomes of the 2022 Two Sessions - Trivium China - Policy Intelligence
Read about the key takeaways from the Two Sessions, China’s biggest annual political gathering, which wrapped up on Friday. Trivium notes the “smorgasbord” of policy issues from the 5.5% GDP growth target for this year, food and energy security, COVID management, and more.
Russia Asked China for Military and Economic Aid for Ukraine War, U.S. Officials Say
Did Russia ask China for aid? U.S. officials told the New York Times that Russia asked China for military and economic support after Putin began his full-scale invasion of Ukraine, which China has rebuked as “disinformation.”
Top Biden official Jake Sullivan and Beijing diplomat Yáng Jiéchí 杨洁篪 discussed the “range of issues in U.S.-China relations, with substantial discussion of Russia’s war against Ukraine” in Rome today.
China leads world in top scientific papers, new study finds
China leads the world in top scientific papers, a new study by journal Scientometrics finds, after researchers concluded that the previous measurement may have “obscured that China was operating at world-leading levels of scientific output in both volume and quality.”
In 2019, 1.67% of scientific articles by Chinese authors were in the top 1% of the most-cited articles, compared with 1.62% of articles by U.S. authors.