China’s Ministry of Industry and Information Technology disclosed bold ambitions for major tech breakthroughs by 2025.
Monthly Archives For January 2024
‘Invisibility cloak: China scientists create material that could make objects invisible on radar’
Researchers from Jilin and Tsinghua Universities in China have developed a hybrid material inspired by the Chimera, combining characteristics from the chameleon, glass frog, and bearded dragon. The …
China’s economy is facing a nightmarish Year of the Dragon
The failure of Evergrande, the world’s biggest property developer, is another headache for Beijing as it battles deflation and a stock-market slump.
A claim that Chinese scientists created a 100% fatal COVID-19 strain misconstrues a study’s findings
The study, which has not been peer-reviewed, involved a different coronavirus and genetically engineered mice. The results don’t apply to humans.
China, U.S. to cooperate on fentanyl, Beijing hopes for ‘positive energy’
The U.S. and China launched a joint counter-narcotics working group on Tuesday in the first overt sign of cooperation in tackling the spread of fentanyl since late 2019, before bilateral relations between the superpowers soured.
Philippines and Vietnam agree to cooperate on the disputed South China Sea as Marcos visits Hanoi
The Philippines and Vietnam have signed an agreement on preventing and managing incidents in the disputed South China Sea during Philippine President Ferdinand Marcos, Jr.’s visit to Hanoi
Henry Kissinger didn’t take much interest in the global economy at first–until he did and changed it forever
Henry Kissinger tours the Summer Palace in Beijing during his surprise visit to China in 1971. Bettmann Archive – Getty Images Much has been written in the past few weeks about the enormous impact …
Order to liquidate property giant China Evergrande is just one step in fixing China’s debt crisis
A Hong Kong court’s order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging o …
UK banks and Land Rover in firing line over China’s financial contagion risk, warns expert
China’s volatile economy is now at a point “where the rubber hits the road”, leaving UK banks HSBC and Standard Chartered vulnerable, as well as car manufacturer Land Rover, a financial expert has warned. Bob…
The Real Evergrande Reckoning Is for China’s Foreign Creditors
Offshore lenders to other property developers in the country should be worried about the precedent.
Analysis-Evergrande Liquidation Highlights Investor Despair at China Debts
Total U.S. dollar issuance for China collapsed to $42.5 billion last year from pre-pandemic levels above $200 billion, data from Dealogic showed and while resolving Evergrande’s debts could help, …
China issues 9.34 trln yuan local gov’t bonds in 2023
BEIJING, Jan. 30 (Xinhua) — China’s local governments issued new bonds worth around 9.34 trillion yuan (about 1.31 trillion U.S. dollars) in 2023, data from the Ministry of Finance showed. Of the …
Chinese Jewelry Chain Zhou Liu Fu Considering a Hong Kong IPO, Sources Say
Zhou Liu Fu Jewelry Co. is considering an initial public offering in Hong Kong as soon as this year, according to people with knowledge of the matter.Most Read from BloombergTraders Line Up for …
