China’s finance ministry and emergency management ministry on Tuesday allocated 110 million yuan ($15.35 million) for rescue work in the Beijing-Tianjin-Hebei area after heavy rains, CCTV news …
Monthly Archives For August 2023
Typhoon Doksuri wreaks havoc in Northern China, scores dead, many missing; Beijing flooded
In an unprecedented disaster, the remnants of Typhoon Doksuri have unleashed torrential rains and floods in northern China, resulting in disruption of services, food shortages, an …
UAV export controls show country acts responsibly: China Daily editorial
While the Chinese government will continue to support Chinese enterprises to carry out international trade and cooperation in the civilian field, the new measures demonstrate its resolve to strictly control exports of UAVs and UAV…
Ron DeSantis targets China, big business as he rolls out economic plan — including ban on lockdowns
Florida Gov. Ron DeSantis said that he is “game” for a Constitutional amendment to ban lockdowns intended to contain pandemics.
Heaviest rain in a decade kills 11 in Beijing as raging torrents wash away roads and cars
Deadly downpours have triggered landslides and floods that swept away cars and destroyed roads in Beijing, as the remnants of Typhoon Doksuri unleashed the heaviest deluge in a decade over parts of northern China.
China Replaces Missile Commander Days After Removing Foreign Minister
The ouster of Li Yuchao was intended to ensure loyalty to leader Xi Jinping, analysts say, in the arm of the military that controls nuclear-tipped missiles that are pointed at the U.S.
IFlytek Drops as AI Firm’s Top Shareholder China Mobile Plans to Pare Stake
China Mobile intends to sell up to 23.2 million iFlytek shares, or as much as 1 percent of its stake, through concentrated bidding or bulk transactions between Aug. 22 and Dec. 31 to recover …
China’s Factory Activity Falls Back Into Contraction Territory in July, Caixin PMI Shows
The Caixin manufacturing purchasing managers’ index came in at 49.2 in July, a decrease of 1.3 point from June, data released by financial media group Caixin showed today. It had stayed above the benchmark of…
The Download: China’s monkeypox crisis, and fighting AI photo manipulation
Generative AI is making it ridiculously easy to manipulate people’s images. While nonconsensual deepfake porn has been used to torment women for years, the latest generation of AI makes it an even bigger problem. These…
At least 20 dead and 27 missing in floods surrounding China’s capital Beijing, thousands evacuated
Chinese state media say days of unusually heavy rains around China’s capital, Beijing, have flooded houses, torn apart roads and left at least 20 people dead and 27 missing.
Beijing boosts recovery efforts after typhoon disaster, casualties
China’s finance ministry announced it would allocate 110 million yuan ($15 million) for rescue work in the Beijing-Tianjin-Hebei region. Doksuri, one of the strongest storms to hit China in years, …
Exclusive-China asks some banks to reduce or delay dollar buying -sources
The People’s Bank of China (PBOC) did not immediately respond to a Reuters’ request for comments, while the State Administration of Foreign Exchange (SAFE) told Reuters that exchange rate expectations …
Paraguay courts Taiwanese investors, warns against China reliance – finance minister
Paraguay is seeking more Taiwanese investment to diversify its farm-driven economy focused on exporting raw materials to China, incoming Finance Minister Carlos Fernandez Valdovinos said in an …
