The Covid-19 pandemic has hit many emerging markets hard and driven more than 100mn people into extreme poverty, according to World Bank estimates. If it were not for Chinese rescue loans, it is …
Monthly Archives For September 2022
The Most Powerful Person in the World Is China’s President
Xi Jinping did not initiate this transformation, but since becoming China’s president in 2013 he has made the country his own. Xi’s transformation of China began with a campaign against corruption, …
China’s Chengdu to lift citywide COVID-19 lockdown on Thursday
BEIJING: The Chinese city of Chengdu will on Thursday (Sep 15) lift a full COVID-19 lockdown in all districts still facing curbs as a recent outbreak comes under control, local authorities said.
Xinhua Headlines: Megacity Beijing pursues green, high-quality development
Beijing has closed about 3,000 general manufacturing and polluting enterprises, and closed down or refurbished nearly 1,000 regional specialized markets and logistics centers to ease traffic …
China’s reusable rocket engine tech ‘at practical stage’ after second test flight
It was recently put to the test in a launch – the first time China had reused a rocket engine, according to its developer The engine can be used for vertical take-off and landing and…
Tech war: China chip veteran says Nvidia is hard to replace in artificial intelligence, urges start-ups to catch up
Nvidia supplies 95 per cent of general-purpose GPUs in AI training systems, said Lu Jianping of Shanghai-based chip rival Iluvatar Corex China’s GPU start-ups should focus on ‘versatility’ by …
The U.S. Needs to Harness Big Tech to Compete With China
The risks to this country’s economic well-being, military security, political freedom, and Western democratic values are too serious for Congress not to pause and consider the downsides of recent …
China ranks among top 10 countries by crypto adoption despite Bitcoin censorship
Despite a ban on crypto-related services, China is now ranking in the top ten among the countries leading in adopting digital assets.
China’s Ruling On Christian Louboutin Is A Win For International Brands
A court in Beijing has ruled in favor of the Christian Louboutin, proving the importance of establishing connections with Chinese consumers.
The China Headquarters of L’Oréal is a celebration of beauty and diversity
Designed as a vibrant and lively workplace, the campus takes after the DNA of the brand L’Oreal, which is a canvas for beauty for all, signifying diversity and the fact that one size does not…
China says it will work with Russia to create new international order
China and Russia could work together to establish a new international order as the two countries have grown closer since Russia’s invasion of Ukraine that has resulted in sanctions.
China’s Chengdu to Lift Citywide COVID Lockdown on Thursday
According to the latest COVID guidelines released late on Wednesday, residents of districts still under a full lockdown will no longer face limits on how frequently they can leave …
Diesel Margins Tank as Market Weighs Possible China Exports
The cost of diesel is plunging around the world as traders weigh the impact of a potential new quota for Chinese fuel exports.Most Read from BloombergUS Inflation Tops Forecasts, Cementing Odds of Big …