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Xinhua News Agency

China’s high-speed railway in Indonesia is adding trips – but debt could hold back the gravy train

by Walter Watson
China’s high-speed railway in Indonesia is adding trips – but debt could hold back the gravy train

This month the trains increased their regular schedule to 48 trips per day from 44 after a review of ridership trends, the Jakarta Globe reported. Service started at just 14 …

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Chinese Vice-Premier He Lifeng calls on cities to buy back residential land, unsold homes to aid distressed developers

by Anas Siddiqui
Chinese Vice-Premier He Lifeng calls on cities to buy back residential land, unsold homes to aid distressed developers

Chinese Vice-Premier He Lifeng called on local governments to purchase undeveloped land and unsold homes from property developers in a strong signal of Beijing’s determination to rescue the property sector …

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China scouts Hungary to power EV battery production and sell to wider, warier EU

by Walter Watson
China scouts Hungary to power EV battery production and sell to wider, warier EU

Xinwanda Electronics, also of China, is investing about 1.9 billion yuan (US$262.9 million) in Hungary for an EV battery factory. Hungary does offer advantages as an EU member … but …

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China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

by Anas Siddiqui
China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

Alipay’s annual cumulative transaction limit for foreign visitors has also been increased to US$50,000, up from the previous US$10,000 limit, in line with a new People’s Bank of China policy, …

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China’s home-grown C919 passenger jet takes wing in Singapore for international debut

by Walter Watson
China’s home-grown C919 passenger jet takes wing in Singapore for international debut

China’s home-grown narrowbody passenger jet, the C919, took to the Singapore skies on Sunday to prepare for its first-ever international display – a move that may help its developer promote …

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China funds clean energy for belt and road partners, fuelling green transition and salving chafed feelings

by Walter Watson
China funds clean energy for belt and road partners, fuelling green transition and salving chafed feelings

Despite misfires during previous infrastructure endeavours in Africa, the Middle East and Central Asia, China is now making substantial green energy investments in those regions – and finding eager takers. …

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