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WASHINGTON: US Defense Secretary Lloyd Austin will meet his Chinese counterpart, the Pentagon announced on Friday (May 24), after China carried out war games around Taiwan in a sign to the US-backed democracy's new leader.
Urbanization in China tends to be depicted in terms of towering skyscrapers and multilane highways – the city reaching upwards and outwards. Not much thought is given to the vast, but less eye-catching, urban infrastructure that shapes and is shaped by the everyday lives of its citizens – such as toilets and sewers.
SHANGHAI -- Chinese e-commerce company Alibaba Group Holding on Friday detailed plans to issue up to $5 billion in convertible notes to pay for share buybacks, following in the footsteps of rival JD.com in raising fresh funding.
The Commercial Aircraft Corporation of China, better known as Comac, plans to triple its production capacity to meet rising domestic demand for passenger jets, an expansion that coincides with ongoing troubles for American aviation giant Boeing’s planes.
SHANGHAI -- The Shenzhen Stock Exchange halted trading briefly on China's new ultralong-term special government bonds Thursday morning for the second day in a row amid strong price movements.
Stock investors have been cheered by the long-hoped-for rally of Chinese property shares so far this month but analysts warn that the surge cannot be sustained over the medium term.
SHANGHAI -- The first batch of China's 1 trillion yuan ($140 billion) worth of ultra-long-term treasury bonds rose as they debuted on local exchanges on Wednesday, as investors flocked to government-backed securities perceived as low-risk.
BANGKOK (AP) — Zhang Zhan was released from prison after serving four years for charges related to reporting on the COVID-19 outbreak in Wuhan, China, according to a video statement she released Tuesday, eight days after her sentence ended, though there are concerns about how much freedom of movement she has.