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The Korea Times

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SCMP

Fri, December 1, 2023 | 12:09

2022 to be remembered as the year that China's population peaked and its demographic crisis began

2022 to be remembered as the year that China's population peaked and its demographic crisis began

The year 2022 has been notable for many things, one of them being the "official" peak of China's population size. From this year onwards, the total number of people in China will gradually become smaller annually.

2022-12-27 15:09

Chinese smartphone giant Xiaomi said to cut 15 percent of its workforce

Chinese smartphone giant Xiaomi said to cut 15 percent of its workforce

Chinese smartphone giant Xiaomi, which has an ambitious goal of unseating iPhone maker Apple from the No 1 spot globally by 2024, has started laying off workers in multiple departments, according to social media posts by affected employees and local Chinese media reports.

2022-12-20 14:59

China's private sector confidence 'pivotal' to economic recovery as a global recession looms

China's private sector confidence 'pivotal' to economic recovery as a global recession looms

Beijing should focus on revitalizing its beleaguered private sector to stabilize economic recovery, Chinese economists and policy advisers say.

2022-12-16 15:06

Hong Kong's long-awaited '0+0' COVID policy, but how soon can city bounce back?

Hong Kong's long-awaited '0+0' COVID policy, but how soon can city bounce back?

Hong Kong residents, businesspeople and visitors all have high hopes that the long-awaited lifting of the city's travel restrictions and the end of medical supervision rules for arrivals will help put the bounce back in the economy.

2022-12-14 14:43

Zero-COVID pivot puts Shanghai's small businesses on emotional roller-coaster as curbs loosened, infections surge

Zero-COVID pivot puts Shanghai's small businesses on emotional roller-coaster as curbs loosened, infections surge

After struggling for nearly a year to stay afloat under the zero-COVID regime, small businesses in Shanghai are having mixed feelings about Beijing's policy pivot. Concerns about a resurgence in cases are tempering optimism that the good old days are back for good.

2022-12-12 16:29

US manufacturers with ties to China applaud easing of COVID-19 restrictions

US manufacturers with ties to China applaud easing of COVID-19 restrictions

China's sudden shift away from its strict COVID-19 containment measures took many U.S. analysts by surprise, sparking expectations that Beijing's apparent policy response to popular unrest would allow for a return to pre-pandemic normalcy and possibly warmer Sino-U.S. ties.

2022-12-08 15:14

China's infrastructure loans are putting overseas marine habitats and locals at risk, study warns

China's infrastructure loans are putting overseas marine habitats and locals at risk, study warns

Over the last decade, Chinese lenders have led an unprecedented overseas financing boom for an array of mega projects, including ports, power plants and roads under President Xi Jinping's transcontinental infrastructure investment plan, the Belt and Road Initiative (BRI).

2022-12-07 14:55

Time for more nuclear power? Hong Kong electricity price increases unavoidable: experts

Time for more nuclear power? Hong Kong electricity price increases unavoidable: experts

Hong Kong should consider importing more nuclear energy from mainland China as a cheaper power option if regular electricity tariff increases become impossible to avoid, some experts have said.

2022-11-27 15:01

Chinese migrant workers stranded in Guangzhou's Covid-19 homeless crisis

Chinese migrant workers stranded in Guangzhou's Covid-19 homeless crisis

Hundreds of migrant workers have been left homeless on the streets of Guangzhou in southern China, according to multiple sources in the city where the most severe Covid-19 outbreak of the pandemic has been raging for a month.

2022-11-24 15:45

Muslims cheer KFC's move in Hong Kong, hope more fast-food chains cater to Halal community

Muslims cheer KFC's move in Hong Kong, hope more fast-food chains cater to Halal community

It was lunchtime on Friday and the KFC restaurant just minutes from the Kowloon Mosque in Tsim Sha Tsui was packed with customers relishing their fried chicken meals.

2022-11-13 16:19

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