Chinese operator China Broadnet shortlisted local vendors Huawei and ZTE for the second phase of a 5G core project, Chinese press reported. According to the report, the project is valued at CNY82.5 …
Monthly Archives For October 2023
‘It could make China self-sufficient’: new strategic rare metal ore unearthed in Inner Mongolia
Scientists confirm discovery of new type of niobium ore in the world’s largest rare earth deposit Niobium is a key component in steel and superconductors, and could dramatically boost battery …
Resilient holiday consumption highlights China’s promising economic vitality
Popular attractions were bustling, central business districts saw surging sales, and blockbuster movies were released during the holiday period. Domestic tourism revenue soared to 753.43 billion yuan, …
China Markets Face Choppy Return From Holidays as Risks Abound
Chinese markets are set to reopen after the Golden Week holidays against an uncertain global market backdrop, which may temper optimism from the spending boom at home.
China price pressure offers hope of Christmas cheer for western shoppers
China’s manufacturers have cut prices this year as the domestic economy has weakened, potentially bringing some relief to western gift shoppers this Christmas. Slow economic activity and a downturn in the country’s heavily indebted property…
China and the art of unlocking capital for climate action
The problem with markets in most advanced and developing economies is that they favour short-term investment, not long-term socio-economic projects This is why the US struggles to finance and improve …
China’s spy agency warns of more US tech curbs; promises to gain ‘the upper hand’
Ministry of State Security says a new round of US ‘sanctions and suppression policies’ could be brewing after Huawei’s smartphone success.
U.S. senators arrive in China to repair relations, strengthen economic ties
A bipartisan group of U.S. senators led by Majority Leader Chuck Schumer arrived in China Saturday to hold diplomatic talks with Communist Party leaders in Shanghai while hoping for a sit-down with …
Sen. Schumer discusses trade, fentanyl crisis on 1st day of congressional visit to China
Senate Majority Leader Chuck Schumer and five other senators arrived in Shanghai on a three-country tour Saturday that will also take them to South Korea and Japan.
The unpredictable plot twist in US-China tech war
The world assumed the US-China technological conflict had clear battle lines. Yet, a surprising twist brings to the fore a technology known to many but considered benign in the bigger picture of …
China Golden Week Saw Cross-Border Trips Surge to 85% of Pre-Pandemic Levels
China’s inbound and outbound trips surged during the eight-day Golden Week holiday this year, official data showed on Saturday, recovering to 85% of their pre-pandemic level but lower than an earlier government estimate.
Washington and Wall Street need to speak same language on China threats
The war game was just one part of our committee’s broader trip to New York to speak with Wall Street leaders about the systemic risk posed to our economy from China. We wanted to find…
Why China Is Cracking Down on Bitcoin Mining and What It Could … – TIME
The annual spring rains bring many changes to southwestern China’s Sichuan province. Downpours transform the mottled landscape into lush emerald, while …
