Washington is especially concerned about “overcapacity”, where Chinese subsidies to industries such as solar, electric vehicles and batteries threaten to undercut these sectors in other countries. US Treasury Secretary Janet …
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The trip from April 3-9 begins in the major southern city of Guangzhou, where she will speak with representatives of US firms and hold meetings with Chinese officials, including vice …
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Customers love the Chinese-founded firm’s massive catalogue of ultra-cheap items, from $8 sundresses to 48-cent bracelets, at a time when inflation has shrunk purchasing power around the world. Like H&M …
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Sun, minister of culture and tourism, highlighted the payment difficulties encountered by inbound tourists as they find it inconvenient to travel in the country where cashless payment via smartphones has …
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Top officials have been upfront about the myriad challenges China is facing, admitting that a modest five percent growth goal will not be easy and that “hidden risks” are dragging …
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Premier Li Qiang formally announced the growth goal, alongside the overall budget and key government policies for 2024, as China’s annual National People’s Congress (NPC) kicked off Tuesday. Addressing thousands …
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In moving out its non-capital functions, Beijing has shut down over 3,000 manufacturing companies and closed or upgraded nearly 1,000 markets and logistics centers over the past decade, Liu Bozheng, …
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The Chinese Ministry of Culture and Tourism said, on Sunday, that trips taken during the so-called ‘golden week’ of eight days, ending on Saturday, rose 34.3 percent year-on-year and 19 …
