Sidney Leng
ABS-CBN News
Hong Kong
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Past articles by Sidney:
China says population grew last year, refuting report of first decline in nearly 60 years
The Financial Times reported earlier this week that the latest census figures were expected to show nation’s population slipping to less than 1.4 billion. A drop in China’s population would be the first since a two-year decline in 1960-61 due to the impact of the Great Famine. → Read More
Coronavirus: Chinese scientists try using radiation to kill coronavirus on food packaging
‘Results will be of great significance for disinfecting imported cold food and preventing virus infections during big international sports events,’ China National Nuclear Corporation says. Preparations for the tests began in December after a number of coronavirus cases were linked to the packaging of imported frozen food, company says. → Read More
China population: plan to lift birth restrictions in the northeast panned for not tackling economic roots of crisis
China has suggested three northeast provinces can experiment with lifting birth restrictions, but critics say this does not get to the root of the region’s demographic crisis. → Read More
COVID-19 pandemic leaves China’s over-35s with uncertain job prospects
Amid a tough job market, Chinese jobseekers above age 35 are feeling increasingly insecure about their future. Many firms are seen as favoring young and energetic graduates in China, where age discrimination is not illegal. → Read More
America has ‘gone too far’ interfering in other countries’ affairs, Wang Yi says
The United States should “better manage” its own affairs and stop meddling in those of other nations, China’s Foreign Minister Wang Yi said on Friday. → Read More
China’s TikTok, Douyin, says it created 36 million jobs in the last year, with lots of livestreamers
The central government created a new job title in July for ‘online marketing professionals’, in an attempt to help the job market recover. Beijing says there are around 200 million ‘flexible workers’ in China, including a growing number of online content creators. → Read More
China’s semiconductor drive stalls in Wuhan, exposing gap in hi-tech production capabilities
Construction on a US$20 billion state-of-the-art semiconductor manufacturing plant in Wuhan has stalled, the latest problem to beset China’s chip making ambitions. → Read More
China’s plan for economic self-reliance to offset rising geopolitical risk ‘requires structural reform’
President Xi Jinping has in recent weeks called for greater self-reliance in China, but analysts say this will require significant – and perhaps unpalatable – reform of the economy. → Read More
Coronavirus: China tweaks graduate employment rate to include students who find ‘work’ as gamers, bloggers
Graduates who find ‘work’ as competitive gamers and bloggers after finishing university will now be classified as employed in China. Change in criteria has fanned speculation Beijing is trying to inflate employment figures for young graduates amid a worsening jobs market. → Read More
Foreign M&A in China remains strong as investors remain optimistic despite coronavirus, decoupling
American and European investors are taking advantage of looser foreign ownership limits, while also betting on rising Chinese consumer demand, Rhodium Group says. → Read More
China’s updated Anti-monopoly Law aimed at further protecting foreign firms criticised for not doing enough
Amendments to China’s Anti-monopoly Law, which are under public review this month, include increasing penalties and obliging police to assist with investigations. → Read More
Facebook’s Libra global cryptocurrency, how will China react?
Expected launch next year raises new questions for China, analysts say. → Read More
Facebook’s Libra global cryptocurrency, how will China react?
Expected launch next year raises new questions for China, analysts say. → Read More
China chemical plant explosion death toll reaches 47, with 90 injured
Blast on Thursday afternoon leaves 32 people in critical condition and 58 seriously injured State media reported that the fire had been contained, but drone video images showed the blaze was still visible amid heavy black and orange smoke → Read More
Chongqing battling rising unemployment as China’s traditional industrial base follows nationwide slump
The economy in the landlocked city grew just 6 per cent in 2018, its slowest pace since 1989, falling behind its own 8.5 per cent target → Read More
Xi Jinping turns to Mao Zedong-era system to lift millions of China’s rural poor out of poverty
Beijing is rebooting an old state-run cooperative system to help boost the rural economy, but after years of reform some analysts are sceptical about how effective it can be in helping the country’s millions of impoverished farmers.... → Read More
China grapples with surge in illegal fundraising as online lenders bend rules
Chinese police investigated more than 10,000 cases of illegal fundraising last year, a 22 per cent rise in the caseload, according to China’s top prosecutors.... → Read More
Guangdong’s growth slump is seen as a turning point for China’s economy, say analysts
Country’s most prosperous province has set lower 2019 growth target that matches expected national target as fast growth fades and trade war clouds outlook → Read More
China’s smartphone shipments fall to pre-2014 level as economic slowdown bites, says report
China’s economic slowdown and consumers pulling back on spending have taken a toll on its smartphone industry, with shipments to the world’s largest phone market retreating to the level before 2014, according to an industry report from research firm Canalys. ... → Read More
Trade war fears and low demand sees profit growth at China’s industrial giants cut in half
China’s industrial companies saw their profit growth scythed in half last year, as economic activity cooled in the world’s second largest economy.... → Read More