Bangkok, Dec 14: China's economy will slow next year, with annual growth falling to 4.5% from 5.2% this year despite a recent recovery spurred by investments in factories and construction and in demand for services, the World Bank said in a report issued Thursday.   The report said the recovery of...
Hong Kong, Dec 14: Chinese aerospace company COMAC has showcased its domestically-developed C919 passenger jet in Hong Kong, giving officials and media a close-up look at the narrow-bodied aircraft. A welcome ceremony for the C919 and an ARJ21, another Chinese-made jet made by the state-owned Commercial Aircraft Corp of China,...
China and Vietnam agreed to step up co-operation on security matters in their move towards becoming a community with a “shared future”, they said on Wednesday, as Chinese President Xi Jinping wrapped up a visit to Hanoi. On Xi’s two-day trip, the Communist-ruled neighbours, close in economic areas but at...
A Chinese chip designer, part-owned by the country’s top sanctioned chipmaker, is purchasing U.S. software and has American financial backing, relationships that underscore the difficulty Washington faces applying new rules meant to block American support for Beijing’s semiconductor industry. The company, Brite Semiconductor, offers chip design services to at least...
BERLIN, Dec 13: The auditor hired by Volkswagen to audit its jointly-owned site in Xinjiang posted a statement on LinkedIn flagging that just two employees supervised the project, in a sign of the reputational challenges posed by undertaking such work in the region. Volkswagen commissioned Loening GmbH to audit its...
BEIJING, Dec 13- Snow, blizzards and plunging temperatures swept northern China in what could be one of its most severe cold snaps in December, spurring authorities in the capital to halt train services, shut schools and tell people to stay home. A mass of cold air drifted into Beijing from...
Sixty percent of British firms feel that a slowing Chinese economy presents a bigger challenge to their operations in the Asian giant than strict COVID curbs in place until late last year, according to the British Chamber of Commerce in China. While the "peak pessimism" recorded during the pandemic is...
Children are the most worthy investment for China's economy to help stimulate consumption and expand domestic demand a Beijing policy institute said, after the country posted its first population drop in more than six decades last year. China, the world's second-largest economy, has struggled to mount a strong post-pandemic recovery...
Old foes China and Vietnam, at odds over claims in the South China Sea, declared on Tuesday they want to boost ties and build a community with a "shared future", just three months after Hanoi upgraded its formal relations with the United States. As Chinese President Xi Jinping visited Hanoi...
The United States has sanctioned another two Chinese officials over alleged links to human rights abuses against Uyghurs and other ethnic minorities in the far western region of Xinjiang. The US Treasury Department’s Office of Foreign Assets Control said on Friday that the sanctions applied to Gao Qi, a former...