China’s newly created National Data Administration has unveiled a three-year action plan to use the country’s massive troves of data to boost the economy.
Monthly Archives For January 2024
Exclusive-China’s State Banks Act to Stem Yuan Slide Onshore and Offshore -Sources
China’s major state-owned banks were active in onshore and offshore foreign exchange markets this week trying to contain the yuan’s slide, four people with direct knowledge of the matter said. The …
China Launches Anti-dumping Probe Into Imported EU Brandy
China said Friday it had launched an anti-dumping investigation into brandy imported from the European Union, as commercial tensions flare between the two trading superpowers.
China’s Xpeng claims its latest EV model could be an industry ‘game changer’
Chinese electric vehicle company Xpeng said Friday that its newly launched X9 model could be a “game changer” in the industry.
Finland unit Amer’s US$1 billion New York IPO to help Chinese sportswear maker Anta chase down likes of Nike, Adidas at home
Amer, which is known for its Wilson tennis rackets and Salomon ski boots, has applied for a listing in New York and will probably be valued at as much as US$10 billion after the stock…
Covid vaccine misinformation resurfaces after China’s winter surge in respiratory illnesses
Social media posts have falsely claimed that children vaccinated for Covid-19 in China were more vulnerable to a surge in respiratory illnesses last winter. Health experts and public health …
Coronavirus could impact NHL’s plans to play in China this year
The coronavirus epidemic could impact the National Hockey League’s plans to have preseason games in China later this year, according to a report on the North American league’s website. The NHL held …
Weather tracker: Beijing experiences its coldest December since 1951
Weather observatory records period of more than 300 hours in which temperatures remained below freezing …
Exclusive: Iran’s oil trade with China stalls as Tehran demands higher prices
China’s oil trade with Iran has stalled as Tehran withholds shipments and demands higher prices from its top client, tightening cheap supply for the world’s biggest crude importer, refinery and trade …
Beijing targets vehicle-grid integration to manage power demand amid EV ramp-up
China’s state planner has issued new rules on strengthening the integration of new energy vehicles with the electric grid, as the world’s biggest electric vehicle market aims to manage its power …
Tesla to recall 1.6 mn cars in China to fix steering software: regulator
Tesla is recalling more than 1.6 million electric vehicles in China, the country’s market regulator said Friday, owing to software issues that could pose safety risks while driving.”For vehicles …
China’s best-performing fund strikes gold in nascent Beijing bourse for start-ups
China’s best-performing mutual fund of 2023 sees more gains in the volatile corner of the market where it derived enough upside to beat its more than 7,000 competitors last year.
Engaging China: A New Vision for a Western Global Debt Restructuring
In the ever-evolving sphere of global finance, China’s approach to debt relief and restructuring marks a clear departure from Western norms …
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