Xi Jinping, general secretary of the Communist Party of China Central Committee, Chinese president and chairman of the Central Military Commission, delivers an important speech at the Central …
Monthly Archives For December 2023
China Central Bank to Help Boost Consumer Prices Amid Deflation Risks
The People’s Bank of China said it would “promote price recovery from low levels and keep prices at reasonable levels.” …
Nvidia launches new gaming chip for China to comply with US export controls
U.S. chipmaker Nvidia on Thursday launched a modified version of an advanced gaming chip designed to comply with U.S. export controls targeting China.
China calls for crackdown on Tether stablecoin in illegal forex trading
Chinese authorities are moving to strengthen crackdown on the use of cryptocurrencies like Tether in foreign exchange trading.
China’s economy was supposed to be the comeback story of 2023. The lowest-ever foreign stock purchases didn’t help make that happen.
the head of Asia economics and strategy at Mizuho Bank in a Thursday note seen by Business Insider. China hasn’t announced its official growth target for 2024, but government advisors told Reuters in …
U.S. fast-food chains find China has a big appetite
A survey released in September by the U.S.-China Business Council, which represents American companies in China, suggested that the uncertainty has taken a toll: 43% of its members said China’s …
Social media users falsely claim China pneumonia outbreak ’caused by new Covid variant’
China has been battling a winter outbreak of a bacterial infection known as mycoplasma pneumonia, but some social media users have falsely claimed the surge is caused by a new variant of Covid-19.
China’s Fireworks Ban Sparks Fiery Debate Ahead of Lunar New Year
BEIJING (Reuters) – Chinese lawmakers on Friday weighed in on a fiery online debate on whether fireworks should be used to ring in the Lunar New Year in February, saying a total ban on pyrotechnics…
ChatGPT-aided ransomware in China results in four arrests as AI raises cybersecurity concerns
Four cyber attackers in China have been arrested for developing ransomware with the help of ChatGPT, the first such case in the country involving the popular chatbot that is not officially available …
UBTech, maker of Stormtrooper robots, gains in Hong Kong trading debut after pricing final IPO of 2023 at lower end of range
UBTech Robotics, China’s biggest manufacturer of educational and humanoid robots, climbed on the first day of trading in Hong Kong, after raising HK$1 billion (US$130 million) of proceeds in the …
Analyst Says China’s Economic Downturn To Deepen In 2024: ‘Will Be Slower Than 2023’
This view is consistent with the World Bank and International Monetary Fund (IMF) which forecast a further slowdown in China’s GDP in 2024.
China denies political pressure on Taiwan rock band
Reports allege Beijing asked Mayday to make pro-China comments and threatened the band when they refused.
Focus: China’s new thirst for coffee spurs cut-throat cafe competition
Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign coffee chains that have opened thousands of branded shops in recent months and surpassed the …
