Economy
World / Countries / MNCs
The rail freight connection between China and North Korea has been disrupted as COVID-19 cases spiked in recent times in the border region of the two neighbours. more
China-Afghanistan resumes trade despite no rush in recognizing Taliban govt

China and Afghanistan, a country now ruled by Taliban forces, seem to be resuming trade relationships and it is evident after the arrival of 45 tonnes of Afghan pine nuts at Shanghai&rsqu ...

China factory activity shrinks for second month: Reports

Beijing: China, the nation which has been seen as the place from where COVID-19 originated, is witnessing a contraction of factory activity for the second month, media reports said.

Moody's slashes ratings of several Chinese real estate giants

As many as seven Chinese  real estate giants are facing the trouble to borrow money to repay their debts as US credit rating agency Moody recently downgraded their  credit ratin ...

Debt-ridden Chinese chipmaker trying to survive, initiates talks with investors

Chinese chipmaker Tsinghua Unigroup is trying to avoid bankruptcy and currently it is in negotiations with seven potential investors to help resolve the financial crisis, media reports sa ...

China is investing USD 8.43 bn in Africa as part of Digital Silk Road initiative: Report

Chinese companies have invested USD 8.43 bn in Africa as a part of extending its digital footprints in the continent.

China directs coal miners to increase output amid energy shortage

The Chinese administration has asked the country's coal mines to boost output as an energy shortage across the country has seen millions of homes and businesses hit by power cuts in r ...

Taiwan: Survey raises concern over Chinese port investments

A poll conducted by the New Power Party (NPP) has revealed that the majority of respondents want authorities to crack down on Chinese investment in Taiwan’s science parks and ports, ...

Chinese investments in Coal based power projects boomerang: Hong Kong Newspaper

China is facing yet another challenge as it is losing billions of dollars shelving coal-fired power projects in countries that are members of its Belt and Road Initiative (BRI) project, m ...

Indonesia’s plan to build mega railway with China triggers debt trap fear

Jakarta: Indonesia is planning to involve Japan and China to build two separate routes for the same railway project, a move analysts fear might lead to Chinese debt trap and even deterior ...