SHENZHEN — An urban air traffic center for self-driving passenger aircraft opened in China’s southern metropolis of Shenzhen and started urban air traffic business on Tuesday.
Monthly Archives For December 2023
China Scholar Warns Relations With US Ally Facing ‘Point of No Return’
A Chinese academic predicts U.S. “militarization” will drive up South China Sea tensions in the next few years.
Only by Spurring Demand Can China Fully Unleash Its Economic Growth Potential, Researcher Says
(Yicai) Dec. 27 — China’s gross domestic product should be able to expand at a annual rate faster than 8 percent, but to fully unleash this potential, shrinking demand needs to be promptly reversed …
Aramco Ventures invests in Shenzhen diagnostic tech start-up amid closer ties between Beijing and Saudi Arabia
Aramco Ventures, a subsidiary of the world’s largest oil producer Saudi Aramco, to invest in Shenzhen Cispoly Bio-Tec; Saudi investors are increasing their investments in Chinese …
Will China Ease Its New Videogame Controls? Investors Think So.
After a market rout, gaming companies like Tencent and Netease rally on signals that regulators might apply proposed curbs on users less harshly than feared.
China’s crackdown on tech companies isn’t over, and it’s not going back to pre-2020’s ‘business-as-usual,’ says China Beige Book
China started a regulatory crackdown against the tech sector in late 2020.
Crypto ‘trading platforms’ were part of $2.2B illegal Chinese forex ring: Report
Chinese foreign exchange police have busted an underground banking syndicate offering illicit forex services via cryptocurrencies.
Corruption Scandal in Xi’s China Leads to Dozens of Arrests
Over the summer, Xi suddenly replaced top generals in the PLA Rocket Force, which oversees China’s nuclear and conventional arsenals. Li Shangfu and Qin Gang, who were then China’s defense minister …
Half of Russia’s 2023 oil and petroleum exports went to China – Russia’s Novak
Half of Russia’s oil and petroleum exports in 2023 will have gone to China while India’s share has risen in two years to 40%, Russia’s state news agencies cited Deputy Prime Minister Alexander Novak …
Michael Kors Taps Chinese Actor and Singer JC-T as Greater China Brand Ambassador
The 33-year-old performer will be featured in upcoming campaigns with additional social media collaborations and appearances.
Shenzhen promotes industrial tourism
Shenzhen has not only nurtured numerous tech companies but also boasts a plethora of innovative enterprises that have excelled in fields such as eyewear and apparel production. During a ceremony held …
China’s Xi claims ‘reunification’ with Taiwan is ‘inevitable’ as crucial election looms
The “reunification” of Taiwan with China is “inevitable,” Chinese leader Xi Jinping claimed in a speech Tuesday, reiterating Beijing’s long-held stance on the self-ruled island democracy ahead of a …
China’s BYD to overtake Tesla as world’s most popular electric car maker
It’s further confirmation of China’s growing clout in the global automotive industry. Read more at straitstimes.com.
