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A woman works at a factory of printed circuit board in Hangzhou in eastern China's Zhejiang province Sunday, Jan. 7, 2024. A survey of factory managers in China released Wednesday, Jan. 31, shows manufacturing contracted in January for a fourth straight month, reflecting weak demand and a faltering recovery in the world's second-largest economy. (Chinatopix Via AP)
China manufacturing contracts for a 4th straight month in January
A survey of factory managers in China shows manufacturing contracted in January for a fourth straight month, reflecting weak demand and a faltering recovery in the world’s second-largest economy.
January 31, 2024
Letterings are missing on a depiction of Evergrande properties across a China map at a partially shuttered Evergrande commercial complex in Beijing, Monday, Jan. 29, 2024. Chinese property developer China Evergrande Group on Monday was ordered to liquidate by a Hong Kong court, after the firm was unable to reach a restructuring deal with creditors. (AP Photo/Ng Han Guan)
Order to liquidate property giant China Evergrande is just one step in fixing China’s debt crisis
A Hong Kong court’s order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy.
January 31, 2024
Hong Kong's Secretary for Security Chris Tang speaks during a press conference at government headquarters in Hong Kong, Tuesday, Jan. 30, 2024. (AP Photo/Louise Delmotte)
Hong Kong begins work on its own National Security Law, years after a similar law crushed dissent
Hong Kong has begun a public consultation on a local National Security Law, more than three years after Beijing imposed a similar law that has all but wiped out dissent in the semi-autonomous city.
January 31, 2024
An elderly man sits in a wheelchair near a partially shuttered Evergrande commercial complex in Beijing, Monday, Jan. 29, 2024. Chinese property developer China Evergrande Group on Monday was ordered to liquidate by a Hong Kong court, after the firm was unable to reach a restructuring deal with creditors. (AP Photo/Ng Han Guan)
China Evergrande has been ordered to liquidate. The real estate giant owes over $300 billion
A Hong Kong court has ordered China Evergrande, the world’s most heavily indebted real estate developer, to be liquidated following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China’s rising debt burden.
January 29, 2024
Young workers rest outside a shopping mall in Beijing, Wednesday, Jan. 17, 2024. China published youth unemployment data Wednesday for the first time since the jobless rate hit a record high in June last year, using a new method that showed an apparent improvement. (AP Photo/Ng Han Guan)
China starts publishing youth jobless data again, with a new method and a lower number
China published youth unemployment data Wednesday for the first time since the jobless rate hit a record high in June last year, using a new method that showed an apparent improvement.
January 17, 2024
Men work with a crane near an advertisement at a shopping mall in Beijing, Wednesday, Jan. 17, 2024. China's economy for the October-December quarter grew at a quicker rate, allowing the Chinese government to hit its target of about 5% annual growth for 2023 even though trade data and the economic recovery remain uneven. (AP Photo/Ng Han Guan)
China’s economy expanded 5.2% last year, hitting the government’s target despite an uneven recovery
China’s economy for the October-December quarter grew at a quicker rate, allowing the Chinese government to hit its target of about 5% annual growth for 2023 even though trade data and the economic recovery remain uneven.
January 17, 2024
Tech firm Baidu denies report that its Ernie AI chatbot is linked to Chinese military research
The technology company Baidu is refuting a newspaper report that said its artificial intelligence chatbot Ernie was linked to Chinese military research.
January 15, 2024
Tang Shuangning, then chairman of China Everbright Group and Everbright Securities Co., talks to the press after the IPO for Everbright Securities at Shanghai Stock Exchange in Shanghai, China on Aug. 18, 2009. The former chairman of state-owned Chinese bank China Everbright Group has been arrested on suspicion of embezzlement and bribery, prosecutors said in a statement Monday, Jan. 15, 2024, amid an intensified campaign against corruption. (Chinatopix via AP)
Former chairman of state-owned bank China Everbright Group arrested over suspected corruption
Chinese prosecutors say the former chairman of state-owned Chinese bank China Everbright Group has been arrested on suspicion of corruption and bribery.
January 15, 2024
Ferries sail by a containers vessel prepares to dock at a port in Xiamen in southeast China's Fujian province on Dec. 27, 2023. China's exports grew slightly for a second consecutive month in December even as deflationary pressures continue, according to official data released Friday, Jan. 12, 2024 underscoring an uneven recovery in 2023. (AP Photo/Andy Wong)
China’s exports rise 2.3% in December amid uneven recovery, while consumer prices edged lower
China has reported that its exports grew slightly for a second consecutive month in December even as deflationary pressures continued. Official data released Friday underscored the uneven nature of the country’s economic recovery from the pandemic.
January 12, 2024
FILE - A Google sign hangs over an entrance to the company's new building, Sept. 6, 2023, in New York. Google has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures. (AP Photo/Peter Morgan, File)
Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
Google says it has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures.
January 11, 2024
Police officers patrol outside the West Kowloon Magistrates' Courts, where activist publisher Jimmy Lai's trial takes place, in Hong Kong, Tuesday, Jan. 2, 2024. (AP Photo/Billy H.C. Kwok)
Hong Kong prosecutors allege democracy publisher Jimmy Lai urged protests, sanctions against China
Prosecutors have alleged that Hong Kong activist and publisher Jimmy Lai had encouraged the city’s residents to protest and urged the U.S. to take action against the Chinese authorities in Beijing.
January 3, 2024
A prison van carrying activist publisher Jimmy Lai arrives at the West Kowloon Magistrates' Courts, where Lai's trial takes place, in Hong Kong, Tuesday, Jan. 2, 2024. (AP Photo/Billy H.C. Kwok)
Hong Kong activist publisher Jimmy Lai pleads not guilty to sedition and collusion charges
Prominent activist and publisher Jimmy Lai has pleaded not guilty to three charges of sedition and collusion with foreign countries in a landmark national security trial in Hong Kong.
January 2, 2024
FILE - Visitors gather near a booth for Chinese technology firm Tencent at the China International Fair for Trade in Services (CIFTIS) in Beijing, on Sept. 3, 2022. China released draft guidelines Friday, Dec, 22, 2023, aimed at curbing excessive spending on online gaming in the latest move by the ruling Communist Party to keep control of the virtual economy. The proposal caused shares in the biggest Chinese gaming companies, Tencent and NetEase, to plunge in Hong Kong. (AP Photo/Mark Schiefelbein, File)
China drafts new rules proposing restrictions on online gaming
China has released draft guidelines aimed at curbing excessive spending on online gaming. The proposal caused shares in the biggest Chinese gaming companies, Tencent and NetEase, to plunge in Hong Kong.
December 22, 2023
FILE - The logo of Chinese technology firm Alibaba is seen at its office in Beijing on Aug. 10, 2021. China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo. (AP Photo/Mark Schiefelbein, File)
China’s Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters
China’s Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo.
December 20, 2023
Workers sweep snow into a manhole near a decoration setup ahead of the Christmas festival at a mall in Beijing, Thursday, Dec. 14, 2023. China's economy will slow next year, with annual growth falling to 4.5% from 5.2% this year despite a recent recovery spurred by investments in factories and construction and in demand for services, The World Bank said in a report issued Thursday. (AP Photo/Ng Han Guan)
China’s economy is forecast to slow sharply in 2024, the World Bank says, calling recovery ‘fragile’
The World Bank is forecasting that China’s economy will slow next year, with annual growth falling to 4.5% from 5.2% this year.
December 15, 2023
Members of the aircraft crew pose for photographs inside the Chinese-made C919 at the Hong Kong International Airport in Hong Kong, on Wednesday, Dec. 13, 2023. Chinese aerospace company COMAC has showcased its domestically-developed C919 passenger jet in Hong Kong, giving officials and media a close-up look at the narrow-bodied aircraft. A welcome ceremony for the C919 and another Chinese-made jet, the ARJ21, was held at the Hong Kong international airport on Wednesday, a day after both flew into Hong Kong for the first time. (AP Photo/Chan Long Hei)
China-made C919, ARJ21 passenger jets on display in Hong Kong
Chinese aerospace company COMAC has showcased its domestically-developed C919 passenger jet in Hong Kong, giving officials and media a close-up look at the narrow-bodied aircraft.
December 14, 2023
In this photo taken Dec. 12, 2023 and released by Hong Kong Government Information Services, the Chinese-made C919, is welcomed upon arrival at the Hong Kong International Airport. The Chinese C919 commercial passenger jet has arrived in Hong Kong in the Chinese-made aircraft's first foray outside of mainland China. The C919 plane and another Chinese-made aircraft, an ARJ21, landed Tuesday and will be on display at Hong Kong's international airport until Sunday. (Hong Kong Government Information Services via AP)
China’s homegrown C919 aircraft arrives in Hong Kong in maiden flight outside the mainland
A Chinese C919 commercial passenger jet has arrived in Hong Kong in the Chinese-made aircraft’s first foray outside of mainland China.
December 12, 2023
Pedestrians walk past a poster promoting a candidate during the District Council elections in Hong Kong, Sunday, Dec. 10, 2023. Residents went to the polls on Sunday in Hong Kong's first district council elections since an electoral overhaul was implemented under Beijing's guidance of “patriots” administering the city, effectively shutting out all pro-democracy candidates. (AP Photo/Louise Delmotte)
Hong Kong leader praises election turnout as voter numbers hit record low
Hong Kong leader John Lee has praised the 27.5% voter turnout in the city’s weekend election, a record low since the territory returned to Chinese rule in 1997.
December 12, 2023
FILE - This aerial view shows new cars waiting to be exported at a dockyard in Yantai in eastern China's Shandong province on Nov. 2, 2023. China’s exports rose in November, the first increase since April, while imports fell, according to customs data released Thursday, Dec. 7, 2023. (Chinatopix via AP, File)
China’s exports in November edged higher for the first time in 7 months, while imports fell
Customs data show that China’s exports rose in November, indicating that demand may be picking up following months of decline. China’s exports rose 0.5% from a year earlier to $291.9 billion. It was the first positive reading since April.
December 7, 2023
FILE - In this photo released by Xinhua News Agency, cyclists, some take selfie as they take rest against the sunrise skylines in Pudong, China's financial and commercial hub, in Shanghai, China on Friday, Nov. 3, 2023. Credit rating agency Moody’s cut its outlook for Chinese sovereign bonds to negative on Tuesday, Dec. 5, 2023, citing risks from a slowing economy and a crisis in its property sector.(Wang Xiang/Xinhua via AP, File)
Moody’s cuts China credit outlook to negative, cites slowing economic growth, property crisis
Credit rating agency Moody’s has downgraded its outlook for Chinese sovereign bonds to negative, citing risks from a slowing economy and a crisis in its property sector.
December 5, 2023
FILE - The Evergrande Group headquarters logo is seen in Shenzhen in southern China's Guangdong province on Sept. 24, 2021. A Hong Kong court will convene a hearing Monday, Dec. 4, 2023, on troubled Chinese property developer Evergrande's plans for restructuring its more than $300 billion in debts. (AP Photo/Ng Han Guan, File)
Hong Kong court puts off Chinese developer Evergrande’s hearing on its debt restructuring to January
A Hong Kong court has postponed a court hearing on troubled Chinese property developer Evergrande’s winding-up petition to Jan. 29.
December 4, 2023
FILE - Workers assemble mini excavators in a factory of heavy machinery in Suzhou in eastern China's Jiangsu province on Oct. 23, 2023. An official survey of Chinese manufacturers showed that factory activity contracted for a second straight month in November, an indicator of weak demand even as policymakers have introduced stimulus measures to jumpstart the economy. (Chinatopix via AP, File)
China factory activity contracts in November for 2nd straight month despite stimulus measures
An official survey of Chinese manufacturers shows that factory activity contracted for a second straight month in November. That indicates demand remains weak despite various stimulus measures aimed at supporting the economy.
November 30, 2023
The booth for Chinese artificial intelligence company Sensetime demonstrates its AI generated images during the World AI Conference in Shanghai, Wednesday, July 5, 2023. SenseTime, a major Chinese artificial intelligence company known for its facial recognition technology, has rejected claims by a research company that it has inflated its revenue. (AP Photo/Ng Han Guan)
Chinese AI firm SenseTime denies research firm Grizzly’s claim it inflated its revenue
SenseTime, a major Chinese artificial intelligence company known for its facial recognition technology, has rejected claims by a research company that it has inflated its revenue.
November 28, 2023
Beijing police investigate major Chinese shadow bank Zhongzhi after it says it’s insolvent
Police are investigating a Chinese wealth management company owned by Zhongzhi Enterprise Group days after the firm told investors it was insolvent.
November 27, 2023
A shopper walks through a mall district in Beijing, Saturday, Nov. 11, 2023. Shoppers in China have been tightening their purse strings, raising questions over how faltering consumer confidence may affect the annual Singles' Day online retail extravaganza. (AP Photo/Ng Han Guan)
Worried Chinese shoppers scrimp, dimming the appeal of a Singles’ Day shopping extravaganza
Shoppers in China have been tightening their purse strings, raising questions over how faltering consumer confidence may affect the annual Singles’ Day online retail extravaganza.
November 12, 2023
Hong Kong leader John Lee will miss an APEC meeting in San Francisco due to ‘scheduling issues’
Hong Kong leader John Lee will not attend an upcoming economic conference in the U.S. due to “scheduling issues” despite earlier requests to be invited following reports that he would be barred from the conference due to U.S. sanctions.
October 31, 2023
FILE - Visitors look at the robotic arms assembly a vehicle frame during the annual World Robot Conference at the Etrong International Exhibition and Convention Center in the outskirt of Beijing, on Aug. 17, 2023. China’s factory activity contracted in October, an official survey said Monday, Oct. 30, a sign that China’s economic growth remains uneven despite a raft of policies meant to support business. (AP Photo/Andy Wong, File)
Chinese factory activity contracts in October as pandemic recovery falters
An official survey of manufacturers shows China’s factory activity contracted in October, suggesting the economy remains on uneven footing.
October 31, 2023
Residents look at the flowers placed outside a residential building where the late Chinese Premier Li Keqiang spent his childhood in Hefei city, in central China's Anhui province, Saturday, Oct. 28, 2023. The sudden death of China's former second-ranking leader, Li Keqiang, has shocked many people in the country, with tributes offered up to the ex-official who promised market-oriented reforms but was politically sidelined. (Chinatopix via AP)
Hundreds of mourners lay flowers at late Premier’s Li Keqiang’s childhood residence in eastern China
Hundreds of mourners have lined the streets and laid flowers near former Chinese Premier Li Keqiang’s childhood residence, a day after he died of a heart attack.
October 28, 2023
FILE - A customer carries his purchased Huawei product outside a Huawei store after he attended the Huawei new product launch conference in Beijing, on Sept. 25, 2023. Chinese telecoms equipment maker Huawei Technologies has reported its profit inched higher in the first three quarters of this year despite persisting U.S. sanctions that have hindered both its sales and its purchases of advanced technology.(AP Photo/Andy Wong, File)
Huawei reports its revenue inched higher in January-September despite US sanctions
Chinese telecoms equipment maker Huawei Technologies has reported its profit inched higher in the first three quarters of this year despite persisting U.S. sanctions that have hindered both its sales and its purchases of advanced technology.
October 27, 2023
FILE - A woman rides past delivery workers who are sorting out parcels on a cart near a luxury watch advertising board at an outdoor shopping mall in Beijing on Sept. 20, 2023. China’s economy slowed in the third quarter, amid muted global demand, deflationary pressures and an ailing property sector. (AP Photo/Andy Wong, File)
China’s economy grows 4.9% in Q3, beating expectations but slowing from previous quarter
China’s economy slowed in the summer as global demand for its exports faltered and the ailing property sector sank deeper into crisis.
October 18, 2023
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