The National Bureau of Statistics ordered the halt of a monthly economic survey in China’s southern Guangdong province on grounds that the provincial government had failed to file the correct paperwork on time. According to a statement released on Tuesday analysed by Caixin, Guangdong’s Department of Industry and Information Technology, which releases the region’s manufacturing […]
Category: Politics & Society
President Xi Jinping lauded the economic achievements of the Chinese Communist Party in his highly-anticipated speech hailing 40 years since Deng Xiaoping began his reform agenda, but disappointed Western watchers who thought it lacked concrete, fresh proposals. Xi told the audience in the Great Hall of the People that “to promote reform and development in […]
Chinese telecoms giant Huawei Technologies has said it will dedicate $2 billion over the next five years to shoring up its cybersecurity capabilities in a bid to soften resistance from an increasing number of governments around the world, Reuters reports. Huawei made the remarks at an uncharacteristically public press conference in Dongguan on Tuesday, during […]
US and Chinese officials will meet for another round of negotiations in January to negotiate a deal to avoid an escalation of the trade war, according to Treasury Secretary Steven Mnuchin. “We’re in the process of confirming the logistics of several meetings and we’re determined to make sure that we use the time wisely, to […]
Representatives from China and the European Union issued heavy criticisms of the United States’ protectionist policies, Reuters reports, which they claim have brought the World Trade Organization on the brink of collapse. “The multilateral trading system is in a deep crisis and the United States is at its epicenter,” said EU ambassador to the WTO Mark Vanheukelen. […]