CHINA TOPIX

Updated 8:44 AM EDT, Wed, Aug 18, 2021

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Shanghai Night

China Assists The Local Business Through the Social System to Trigger Exemptions and Obligations

The pandemic in China has triggered exemptions and obligations for businesses under the Social Credit System.

China economy

Business Consultant McKinsey Estimates China's Economy Could Grow to $5.6 Trillion by 2030

The business consultancy called McKinsey Global Institute said in a statement on Thursday that China's economy could grow to $5.6 trillion via gross domestic product and $5.1 trillion of new income for households by the year 2030.

 China will see a soaring demand of around 2,300 business jets in the next five years, according to a research report.

China to See High Demand for Business Jets Over the Next 5 Years: Report

China will see a soaring demand of around 2,300 business jets in the next five years, pushing the industry's worth up to $103.5 billion, according to the joint report released by Minsheng Financial Leasing and Hurun Research Institute.

Imports of counterfeited and pirated goods have accounted for up to 2.5 percent (as much as $461 billion) of global trade.

Global Trade in Fake Goods Worth Nearly Half a Trillion Dollars: OECD

Imports of counterfeited and pirated goods account for up to 2.5 percent (as much as $461 billion) of global trade, causing significant damage especially to French, Italian and US brands and state funds, the Organisation for Economic Cooperation and Development (OECD) revealed on Monday.

Corporate debts impacts Chinese economy

Bad Loans Arise as China Struggles with Slow Economy

China's corporate debt surged profoundly prior to the lending and spending bout prompted by the Chinese government in an attempt to keep the Chinese economy bustling. Underlining the deceleration, China said on Friday that the growth fell to 6.7 percent in the first three months of the year.

Facebook

Facebook to Announce New Messenger Chatbot at F8

Facebook will soon add a host of robots to its messenger app. The company is expected to announce this new feature at its F8 event for developers, from April 12-13.

Chinese Premier Li Keqiang speaks to Russian Prime Minister Dmitry Medvedev during a meeting at the Great Hall of the People on Dec. 17, 2015 in Beijing, China. Medvedev is on a 4-day visit to China. (Photo: Fred Dufour-Pooll/Getty Images)

China Currency War: Premier Li Says Country Will Not Get Into It

China will not engage in a "currency war," as this will not augur well for the world economy which is still in the recovery stage.

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