FILE PHOTO: An aerial view shows the Fukushima Daiichi nuclear power plant, which started releasing treated radioactive water into the Pacific Ocean, in Okuma town, Fukushima prefecture, Japan August 24, 2023, in this photo taken…
Monthly Archives For September 2023
China plans $40 billion fund for its chip industry
The Catalyst Fund has reached the first close of its $40 million fund intended for investment in climate startups in Africa. The fund announced today an initial close of $8.6 million with the backing of…
Insight: China’s auto workers bear the brunt of price war as fallout widens
As Shanghai sweltered in a heatwave in June, the car factory where Mike Chen works switched production to night shifts and dialled down the air-conditioning.
Floodwater sweeps away fire truck in China as Tropical Storm Haikui hits southeast coast
Typhoon Haikui weakened to a tropical storm as it scraped along China’s coast, but it was still dropping a huge amount of rainfall.
China on the agenda: 2024 candidates fret over how to deal with Beijing
Republicans showcase range of hawkish policies designed to counter perceived threat amid diplomatic push by Biden
Europe’s biggest car show was long the stomping grounds of German brands—but it’s now ‘become the China show’
Chinese auto tycoon Li Shufu, who founded Geely, became the largest shareholder in Mercedes-Benz back in 2018. At the time, the move was so politically provocative his own government allegedly warned him not to offend…
Xi Sends Congratulatory Letter to Smart China Expo
BEIJING, Sept. 4 (Xinhua) — Chinese President Xi Jinping sent a congratulatory letter to the Smart China Expo 2023, which opened Monday in southwest China’s Chongqing Municipality.
China’s Exports, Imports Likely Contracted More Slowly in August: Reuters Poll
Chinese factory activity shrank for a fifth straight month in August, weighed down by a lack of new export orders and imported parts, although factory owners indicated producer prices had improved for …
Women are fueling the box office in China and Hollywood should take note
Women are fueling China’s box office, according to a Morning Consult survey. This marks a cultural shift in the country and a new entry point for Hollywood studios. While women account for less than half…
Despite Xi’s decision not to attend G20 in India, China says bilateral ties are ‘generally stable’
China is downplaying President Xi Jinping’s decision not to attend this week’s Group of 20 summit in New Delhi.
The US can’t kill crypto: Real regulations are coming
While it’s true that the last year in crypto has seen fraud, meltdowns, and layoffs that triggered sequential failures of crypto companies, that’s largely of those failed companies’ own making. As it …
China’s Leapmotor looks to sell EV tech as it targets export growth
China’s Leapmotor needs to increase its sales by five times or more to survive a consolidating EV industry and is seeking partners outside China to license its technology, the company’s chief …
Shanghai Stock Exchange signs agreement with Saudi Arabian bourse to explore cross-listings, data sharing as ties between Beijing and Riyadh warm up
The Shanghai Stock Exchange has signed an agreement with the operator of the Saudi Arabian bourse to foster closer ties, in a sign that a recent flurry of cooperation between China and the Gulf nation…
