China boosts AI, robotics research for industrial lead amidst US tech rivalry, transitions to new-energy exports, and aims for global tech apex.
Monthly Archives For November 2023
China confident to achieve annual economic and social development goal
BEIJING: The National Development and Reform Commission (NDRC) said China has the confidence, conditions and ability to achieve its annual economic and social development goals by the end of 2023 afte
U.S. veterans who flew for China in World War II are welcomed back as heroes
With U.S.-China relations at their lowest point in decades, centenarian U.S. veteran who flew as the Flying Tigers in WWII visit Beijing and are welcomed as heroes.
China Bans Japanese Seafood, U.S. Steps in to Import Scallops
China bans Japanese seafood imports due to Fukushima water discharge. U.S. buys Japanese scallops, while Japan struggles with surplus.
(CIIE) Xinhua Commentary: China’s import expo a catalyst for rebuilding global consensus on cooperation, multilateralism
Over the past five years, the annual China International Import Expo (CIIE) has become a symbol of China’s high-level opening-up and an emblem of its ongoing endeavors to build an open global economy.
The future is AI and humanoid robots, China’s industry minister says, in hi-tech research rivalry with US
More research needed in areas such as artificial intelligence to catch next wave of industrialisation, industry minister says.
China investigates former top bank official for suspected corruption
Mr Zhang previously served as the vice-chief of the Industrial and Commercial Bank of China (ICBC), one of the world’s largest banks. China’s President Xi Jinping has waged a sweeping campaign on deep …
Pet project: reluctant young woman moves into China family factory, rapidly ramps up profits, improves staff morale with dogs and cats policy
A young woman in China who reluctantly took over the family business has turned it around financially while bringing joy to its employees. Wang Siyuan, from Guangzhou, Guangdong province in southeastern China, began working for…
China Says Australia’s Exporters Can Come Back. Some Say No Thanks.
Australian coal exporters had to cultivate new markets on the fly after being locked out of China when its leaders reacted angrily to former Australian Prime Minister Scott Morrison’s call for an international investigation into…
China’s Xi Jinping says Communist Party control too weak in rural areas, new book reveals
In newly disclosed statements from 2022 speech, Chinese leader says ‘underworld forces’ have spread in some villages, with human trafficking, ‘money worship’ and gang activities among problems arising in areas with weak grass-roots leadership.
China, US hold first round of maritime consultations in Beijing
BEIJING: China and the US held their first round of consultations on maritime affairs yesterday in Beijing, China’s foreign ministry said. The two sides had a candid, in-depth and constructive exchange on the maritime situation,…
U.S. IPO Weekly Recap: Biotech Lexeo Stumbles After $100 Million IPO
As of 11/2/2023, the Renaissance IPO Index was up 23.5% year-to-date, while the S&P 500 was up 14.0%. Renaissance Capital’s IPO ETF tracks Renaissance IPO Index, and top ETF holdings include Palantir …
China is Hoarding the World’s Gold
China is the world’s largest producer of the precious metal, but of late its central bank has been buying up large quantities. So what is it doing with it?
