Chinese electric car brand Xpeng announced Thursday it received approval to start rolling out assisted driving tech to users in the nation’s capital city.
Monthly Archives For June 2023
Bill Gates visits Beijing for the first time since 2019
Screenshot from Bill Gates’ twitter account] Microsoft co-founder Bill Gates tweeted on Wednesday that he had landed in Beijing for the first time since 2019, and that he is exci
China’s youth unemployment hits a fresh record high in May, major data disappoint
Authorities have started to loosen monetary policy in a bid to support growth, although broader measures aren’t expected until top leaders hold a regular meeting in late July.
China’s economy slows further in May as weak demand drags
China’s economy stumbled in May, data showed on Thursday, with industrial output and retail sales growth both missing forecasts, adding to expectations that Beijing will have to quickly ramp up stimulus to shore up a…
China Central Bank Ramps Up Policy Action With 1-Year Rate Cut
China’s central bank cut its key one-year interest rate on Thursday as it tries to juice the economy’s recovery after it lost momentum in recent months.
China cuts a key policy rate for first time in 10 months as economic rebound cools
China’s central bank lowered its key medium-term lending rates on Thursday, in a much anticipated move as the economy’s post-Covid recovery continues to lose momentum.
China cuts medium-term lending rates as economy sputters
China’s central bank cut the borrowing cost of its medium-term policy loans for the first time in 10 months on Thursday, in line with expectations, as Beijing ramps up stimulus measures to shore up a…
China won’t use ‘bazooka-like stimulus’ to fire up economy despite rate cut, but long-term problems lurk
The world’s second-largest economy is facing a series of headwinds, including its property market, mountains of debt, slowing exports and the risk of deflation China’s central bank on Tuesday lowered …
Chinese brands shine on top list
According to the Kantar BrandZ Most Valuable Global Brands Report 2023, some Chinese brands have shown remarkable momentum this year, boosting their global reputation with confidence. In the Top 100 …
GOLDSTEIN: China’s secret bioweapon research caused COVID-19 pandemic: Report
On the heels of China’s foreign interference scandal in Canada, an explosive report by the Sunday Times of London says credible new evidence suggests the COVID-19 pandemic was the result of a lab leak at…
Canada freezes ties with Chinese bank AIIB over claim it is ‘dominated by Communist party’
Finance minister announces immediate review of Canada’s involvement with Beijing’s alternative to the World Bank …
Top 10 Chinese intelligent manufacturers in 2022
China Internet Weekly recently published the top 50 Chinese intelligent manufacturing enterprises in 2022, showcasing the leading players in the field, according to AskCI.com. The rankings include a …
Tesla’s Top Rival BYD Reveals Huge News on Electric Vehicle Brand
The Chinese electric vehicle maker rolls out another sub-brand that will feature off-road vehicles, sports cars and SUVs.
