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E-ZPass: New Jersey Turnpike Authority Faces Backlash After Dropping Local Firm for Foreign Entity with Alleged Ties to China’s Communist Party
Trenton, NJ – March 14, 2025 – A storm of controversy has erupted in New Jersey over the New Jersey Turnpike Authority’s decision to award a lucrative $1.73 billion contract to operate…
China’s March factory activity likely shrank amid virus outbreaks – Reuters poll
BEIJING – China’s factory activity likely shrank in March, a Reuters poll showed, as the country imposed more mass testing and activity controls amid its worst resurgence of COVID-19 cases since early…
China’s Bank of Communications boss warns of tough year ahead
By Zoey Zhang and Engen Tham SHANGHAI – The president of China’s Bank of Communications Co Ltd (BoCom), on Friday warned it will be difficult for the lender to deliver satisfactory earnings…
China’s JD Logistics aims to raise $1.1 billion from new shares
By Scott Murdoch SYDNEY – JD Logistics is looking to raise $1.1 billion from a $700 million share placement with its parent company JD.Com plus a $400 million primary capital raising, according…
‘Heinous Human Rights Atrocities’: Bipartisan Legislation Aims To Relink China’s Human Rights Record With Trade
‘Heinous Human Rights Atrocities’: Bipartisan Legislation Aims To Relink China’s Human Rights Record With Trade Philip Lenczycki on March 22, 2022 A bipartisan group of lawmakers introduced legislation Tuesday that would strip…
BMW suspends production in China’s Shenyang due to COVID controls
SHANGHAI – BMW Group said on Wednesday production at all its plants in the northeastern Chinese city of Shenyang will be temporarily suspended from Thursday due to COVID control measures. The German…
Lanvin Group, owned by China’s Fosun, plans New York listing via SPAC
SHANGHAI/SYDNEY -Lanvin Group, the luxury fashion company owned by Chinese conglomerate Fosun International Ltd, said on Wednesday it plans to list in New York by merging with a special purpose acquisition company…
Saudi Arabia is China’s top crude supplier again as Russian oil falls 9%
BEIJING – Saudi Arabia regained the spot as China’s top crude supplier in the first two months of 2022, having been leapfrogged by Russia in December, while Russian shipments dropped 9% as…
China’s ev maker Xpeng will raise prices from March 21
BEIJING – Chinese Energy Vehicle Maker Xpeng Inc said on Friday it will raise its prices for on-sale vehicles before subsidy from March 21 due to the rising costs of raw materials.…
China’s land sales plunged in Jan-Feb though easing measures
BEIJING – China’s land sales revenue slumped from a year earlier, official data for January-February showed on Friday, pointing to continued weakness in the country’s huge property market, a major economic growth…
Wuhan aims to become China’s ‘valley of satellites’ in space initiative
BEIJING – The central Chinese city of Wuhan has vowed to create a 100 billion yuan ($15.7 billion) space industry by 2025 and become China’s “valley of satellites”, joining other cities tasked…
China’s factories opt for isolation bubbles to beat COVID curbs and keep running
By Josh Horwitz and Martin Quin Pollard SHANGHAI/BEIJING – To keep factory lines open in the face of COVID curbs Chinese firms are asking workers to eat, sleep and work in bubbles…
Investors cheer China’s pledge to support bruised property sector
HONG KONG – Chinese property shares extended a rally on Thursday as the market cheered pledges by Beijing’s top economic leaders to shore up the battered real estate sector amid growing pressures…
China’s Shenzhen city says will allow firms to resume work in an orderly manner
SHANGHAI – Shenzhen city in China, a key technology and manufacturing hub that had halted operations of companies to tackle rising COVID-19 cases, will allow them to resume work and production in…
Economic impact of China’s COVID resurgence must be watched – statistics bureau
BEIJING – China has seen increasing positive changes in its economic performance backed up by surprisingly good economic data, but the impacts of the latest COVID-19 resurgence need to be watched, China’s…
China’s Tencent faces possible record fine for anti-money-laundering violations – WSJ
– Tencent Holdings Ltd is facing a potential fine, which could be at least hundreds of millions of yuan, for violating some central bank regulations on its WeChat Pay mobile network, the…
China’s ZTE headed to court over possible U.S. probation violation
By Karen Freifeld – Lawyers for ZTE Corp have been summoned to U.S. federal court in Texas on Monday for a hearing over whether the Chinese telecommunications equipment maker violated probation in…
China’s JD Logistics agrees to buy courier company Deppon
– Chinese e-commerce giant JD.com Inc on Sunday said that its subsidiary JD Logistics Inc has agreed to buy domestic courier Deppon Logistics Co Ltd. Under the deal, JD Logistics will acquire…
As The World Fractures, China’s Threats About Taiwan Could Not Be Any Clearer
As The World Fractures, China’s Threats About Taiwan Could Not Be Any Clearer Gordon G. Chang on March 11, 2022 On Saturday, Beijing signaled it was going to take Taiwan soon, one…
China’s economy resilient despite uncertainties caused by Ukraine crisis – state planner
BEIJING – China’s economy remains resilient despite rising uncertainties caused by the Ukraine crisis, the country’s state planner said on Monday. China will enhance policy coordination and speed up the roll-out of…
China’s Feb service sector activity growth accelerates – official PMI
BEIJING – Activity in China’s services sector grew at a faster pace in February, official data showed on Tuesday. The official non-manufacturing Purchasing Managers’ Index (PMI) was at 51.6 in February versus…
China’s February factory activity likely shrank amid holidays, Olympics
BEIJING – China’s factory activity likely contracted in February on slower production after the Lunar New Year holiday and Winter Olympics, with Beijing expected to unveil more stimulus measures at a parliamentary…
China’s Didi reverses course, will remain in Russia
BEIJING – Chinese ride-hailing giant Didi Global said on Saturday that it would continue to operate in Russia, reversing a decision announced on Monday that it was leaving that country as well…
China’s Xi, in message to N.Korea’s Kim, vows cooperation under ‘new situation’ -KCNA
SEOUL – Chinese President Xi Jinping stressed to North Korean leader Kim Jong Un the significance of cooperation between the two countries, North Korea’s state media KCNA reported on Saturday. In a…
China’s Dalian commodity exchange raises intraday transaction fees for some futures contracts
BEIJING – China’s Dalian Commodity Exchange said on Friday that it would raise intraday transaction fees for some contracts of soybean, soyoil, palm oil, coking coal and coke futures, according to a…
POLL: Americans Fear China’s Influence Over Russia’s
POLL: Americans Fear China’s Influence Over Russia’s Sebastian Hughes on February 23, 2022 More Americans fear the influence of China in the world than Russia, despite the latter’s aggressive actions towards Ukraine,…
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