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China’s Trade Surplus Hit Record in 2021—With Exports Jumping 30% Amid Pandemic Demand

China’s global trade surplus surged to $676.4 billion in 2021, likely the highest ever for any country, as exports jumped 29.9% over a year earlier

China’s Trade Surplus Hit Record in 2021—With Exports Jumping 30% Amid Pandemic Demand

China’s global trade surplus surged to $676.4 billion in 2021, likely the highest ever for any country, as exports jumped 29.9% over a year earlier

A Chinese Economist Called for Paying Parents a ‘Baby Subsidy.’ Then He Got Banned From Social Media

A well-known Chinese economist has been banned from social media platform Weibo days after posting comments calling on the central bank to print $315 billion a year to pay for subsidies to encourage births. Ren Zeping, who left troubled property developer China Evergrande Group last year, has “violated relevant laws and regulations,” according to a…

China Is Finding Fewer Reliable Sources of Coal. That Could Be Bad News for the Climate

China is the world's largest producer, consumer and importer of the dirty fuel, and how it shifts its power grid away from coal will have a significant impact on the world's ability to tackle climate change

Is China Crumbling Under The Weight of Its Own Contradictions?

While China's total GDP is impressive in and of itself, other measurements point to a very different situation — one of real depression.

The post Is China Crumbling Under The Weight of Its Own Contradictions? appeared first on LUXUO.

China Calls on U.S. to Protect Its Space Station After Near-Collision With SpaceX Satellites

The call comes after Beijing complained that satellites launched by Elon Musk’s SpaceX nearly struck the station

A Fugitive Evaded Police for 3 Years, But He Couldn’t Evade China’s COVID-19 Tracking Rules

The 42-year-old man gave himself up to authorities amid stringent COVID-19 contact-tracing mechanisms launched across the country

China Locks Down 13 Million People in Xi’an Following COVID-19 Spike

There was no word on whether the virus was the newly surging omicron variant or the far more common delta

Viya, China’s Most Popular Influencer, Fined $210 Million for Tax Evasion

Huang Wei—also known as Viya—was ordered to pay 1.34 billion yuan as China steps up on its crackdown on online influencers

‘Terror and Confusion’: On the Ground in Wuhan, China in the Early Days of Covid-19

In this excerpt from the new book The First Shots: The Epic Rivalries and Heroic Science Behind the Race to the Coronavirus Vaccine, journalist Brendan Borrell takes us back to January 2020

WTA Says It Is Suspending Tournaments in China Over Lingering Concerns About Peng Shuai

It is the strongest public stand against China taken by a sports body — and one that could cost the WTA millions of dollars.

Jamie Dimon Offers Hasty Apology After Joking JPMorgan Will Outlast Chinese Communist Party

The mea culpa underscores the bank's desire to keep cordial relations in China, where it has nearly $20 billion of exposure and has ambitions to expand further.
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