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Monthly Archives For January 2024
China’s manufacturing sector unleashes full potential
China’s manufacturing sector continues to unleash its growth potential, as many manufacturers rush to fulfill orders and drive innovation as the year kicks off, CCTV News reported on Monday. High-tech …
China’s high-standard opening-up boosts foreign investment, global prosperity
China’s Foreign Ministry said Thursday that in 2024, China will continue to expand high-standard opening-up, further ease market access, and share with the world new opportunities brought by the …
China accuses Britain of spying; detains foreign national
China on Monday said it has uncovered a British espionage plot involving a foreign national who used their position as the head of an overseas consulting agency to steal state secrets for MI6.
Taiwan slams Chinese balloons as safety threat, psychological warfare
Taiwan’s defence ministry accused China on Saturday of threatening aviation safety and waging psychological warfare on the island’s people with a recent spate of balloons spotted near or over the island,
Shadow bank Zhongzhi files for bankruptcy as China’s debt and property crisis deepens
China’s shadow banking conglomerate Zhongzhi Enterprise Group filed for bankruptcy liquidation late on Friday.
Hong Kong leads losses in Asia markets, China shadow bank Zhongzhi files for bankruptcy
The mainland Chinese CSI 300 was down 0.89% after shadow banking conglomerate Zhongzhi Enterprise Group filed for bankruptcy liquidation late Friday.
Beijing faces a difficult choice on what to do with its troubled lenders
The Chinese government’s strategy for avoiding a financial system bailout looks set to be tested by the latest bankruptcy of the shadow banking giant Zhongzhi.
Nvidia to launch China-focused AI chip in Q2 2024 -sources
U.S. chipmaker Nvidia plans to begin mass production in the second quarter of 2024 of an artificial intelligence (AI) chip it designed for China to comply with U.S. export rules, two people familiar with the…
【信息图】2023年中国游戏产业发展数据亮点速览 China gaming industry snapshot 2023
Despite global economic headwinds, the sales revenue of China’s self-developed games in the domestic market reached 256.38 billion yuan ($35.85 billion) in 2023, up 15.29% year on year.
Shares of China Evergrande EV unit plunge 23% after executive director is detained
Liu Yongzhuo, vice chairman and executive director of Evergrande New Energy vehicle, was detained “on suspicion of illegal crimes” …
China seeks to ease video game industry’s fears of another crackdown
Beijing is acting quickly to ease fears of another regulatory crackdown on China’s video game industry, including firing a prominent official and convening consultations on new measures at short …
Shenzhen revitalizes the city through drones
Shenzhen, a city in South China’s Guangdong province, has a global leading unmanned aerial vehicle industry chain formed by hundreds of high-tech companies. Now, drones from these companies are …
