In 2015, the Chinese economy saw its slowest annual growth in 25 years. The New Year hasn’t been very promising. In January, exports fell by 11.2 percent while imports fell by 18.8 percent compared to […]
China’s income inequality is among the worst in the world, according to a new study by Peking University. According to the report, China’s richest 1 percent owns about one third of the country’s wealth, while […]
For the first time, China has landed a plane on a runway on one of its artificial islands in the disputed South China Sea. The plane landed on Jan. 2 on a runway at the […]
The leader of Taiwan’s independence-leaning Democratic Progressive Party (DDP) dominated Tuesday’s final poll ahead of the Jan.16 presidential election. Taiwan’s Cross-Strait Policy Association Poll showed Tsai Ing-wen won the support from 45.2 percent of 1,052 […]
A giant statue of Communist leader Mao Zedong has been erected at the same Chinese province where his policies led to famine in the 1950s. The 37-metre-high statue is painted gold and it sits on […]
China is set to soar for the No. 1 spot in the world’s largest air-travel markets by 2029, according to a recent report by the International Air Transport Association. The institute expects Chinese airlines to […]
In the last two years of his presidency, Xi Jinping has unleashed onto China the biggest anti-corruption campaign in Communist Party history and the most intense crackdown on free speech in decades. Now, new disciplinary […]
2015 has not been a very bright year for China’s economy and many analysts are pointing the finger at government intervention, which has included a crackdown on some of China’s biggest business leaders. The purge, […]
The United States is expected to lose its spot as the world’s top economy to China by 2031, according to a new report by the U.K.-based Centre for Economics and Business Research. At the time, […]
As the Chinese economy continues to grow, many experts consider Fixed Asset Investment to be a leading driver. Rail FAI, in particular, is projected to bring big profits for China’s railroad infrastructure and equipment […]
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