(Reuters) -Stellantis NV said on Thursday it would invest 1.5 billion euros ($1.58 billion) to acquire approximately 20% of Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology. Leapmotor said in a separate statement that it…
Monthly Archives For October 2023
Biden says US is willing to fight China on behalf of the Philippines following ship collision near disputed island
Republicans have faulted Biden for not doing more to press China to be transparent about the origins of COVID-19, which killed more than 1.1 million Americans after possibly leaking from a Wuhan lab, …
China’s EV sector burns bright but cannot offset property’s woes
This would tail off in 2027, by which stage EV production would have risen from 6.7mn units last year to about 18mn units. They would account for about 60 per cent of total passenger car…
Why is COVID-19 more severe in some people? Researchers use genetics, data science to find out
Why do some people have a more severe course of COVID-19 disease than others? A genome sequence database created by an international collaboration of researchers, including many from the University of …
Shakeup in China’s Leadership: Defense Minister’s Ouster Sparks Concerns Over President Xi Jinping’s Inner Circle Strength
In the heart of Beijing, a political tremor is unfolding with far-reaching implications. China’s Defense Minister, Li Shangfu, has been abruptly removed from office after nearly two months of …
US ‘frankly raised’ disagreements with China at first financial working group meeting
U.S. officials “frankly raised areas of disagreement” with China at the first meeting of a new financial working group, where financial stability, supervision and regulation were discussed, the U.S.
US-China Financial Working Group: A Step Towards Cooperation Amid Contention
In the midst of geopolitical power shifts and economic uncertainties, the United States and China have convened the inaugural meeting of the Financial Working Group (FWG). This newly established …
Xi Jinping steps up his attempt to rescue China’s economy
Officials will soon gather for a twice-a-decade conference on China’s financial system; another, annual meeting in December will help set economic policy for next year. Mr Xi may have also wished to …
China continues remote-sensing buildup with new launch of Yaogan satellites (video)
The China Aerospace Science and Technology Corporation (CASC), the country’s state-owned main space contractor, confirmed launch success shortly after liftoff and revealed the previously undeclared payloads to be a new set of Yaogan 39 series…
China bets big on new bonds to overcome economic hurdles
China is doubling down on its new sovereign bonds, playing a high-stakes game to overcome economic challenges and foster recovery.
Beijing’s ‘Bridge Man’ Protester Peng Lifa Leaves Legacy in China
Peng Lifa has been nominated for the Nobel Peace Prize for his one-man protest against China’s most powerful leader in decades.
China To Study Never Seen Never-Before-Seen Viruses, Raise Concerns For Future Pandemics
a new coronavirus dubbed CoV-HMU-1 was found to be a betacoronavirus — a sub-genre of coronaviruses that includes Covid. Chinese scientists have discovered eight never-before-seen viruses on Hainan, …
Analyzing the Role of Blockchain Technology in Strengthening Democracies
Blockchain technology has also induced the majority of the world’s governments to actively explore managing their national currencies by incorporating central bank digital currencies, with China, …
ADVERTISEMENT
