The economy is open again, helping Alibaba, Baidu and Tencent claw back in the first quarter from a miserable 2022, though they will likely face continuing skepticism from investors.
Category: China
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China’s Youth Unemployment Crisis: 1 in 5 Are Out of Work
The youth unemployment rate, which spiked during the pandemic, reached a record high this week, showing the perils of China’s uneven economic recovery.
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Pema Tseden, Pioneering Tibetan Filmmaker, Is Dead at 53
His films captured contemporary Tibetan life as Tibetans saw it, devoid of the stereotypes long associated with their homeland.
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U.S. Solar Makers Criticize Biden’s Tax Credits as Too Lax on China
U.S.-based manufacturers of solar products say rules issued by the Biden administration on Friday will “cement China’s dominance” over the solar industry
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In China, the Police Came for the Consultants. Now the C.E.O.s Are Alarmed.
Foreign businesses, a top Chinese official said in March, “are not foreigners, but family.” Then came a crackdown on firms with foreign ties.
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China Orders Tesla to Recall 1.1 Million Vehicles Over Braking Risks
Defects on certain Tesla models could lead drivers to step on the accelerator pedals for longer than necessary, increasing the risk of collisions, China’s market regulator says.
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‘De-Americanize’: How China Is Remaking Its Chip Business
Seven months after Washington unveiled tough curbs, Chinese companies are doubling down on homegrown supply chains and drawing billions in cash from Beijing and investors.
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Why China Doesn’t Have a Property Tax
Local governments are sinking further into debt, but after years of talk, officials have yet to introduce a real estate tax.
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The Elusive Fix for China’s Budget Crisis
Property taxes would help local governments that are sinking further into debt. But after years of talk, officials have yet to introduce a real estate tax.
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Hong Kong Wants More Tourists, but Mostly ‘Good Quality’ Ones, Please
The return of budget tour groups from mainland China is sparking frustrations — and a dose of snobbery — in a city starved for business.
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Capvision, a Consulting Firm, is Raided by Chinese Authorities
The investigation of Capvision Partners comes amid increasing scrutiny by Beijing over national security that has sent a chill through the foreign business community.