The Shenzhen Component index closed the day by rising 0.79 percent to 8,975.97 points, while the tech-heavy ChiNext index grew by 0.36 percent to 1,752.48 points. Automobile makers and financial …
Monthly Archives For February 2024
China’s biggest banks are finally getting scared by the West’s sanctions against Russia
Chinese banks are tightening compliance checks with Russian businesses as they fear getting caught up in secondary sanctions.
Ex-Business Partner Claims Joe Biden Compromised by China
Joe Biden faces escalating challenges as Anthony Bobulinski, a former business partner of Hunter Biden, testifies about the Biden family’s dubious business dealings, particularly with CEFC China …
Starbucks unveils pork flavored latte in China. See CNN reporter give it a try
Starbucks is introducing a pork flavored latte in China to mark the new lunar year. CNN’s Marc Stewart decided to give it a try.
China Mobile launches world’s first Test 6G Satellite : What makes this important
China Mobile launches the world’s first 6G satellite, marking China’s advancement in communication technologies. The satellite offers lower latency and higher data transfer rates. China Mobile plans …
Beijing shuts highways after heavy snowfall
Beijing shut some highways on Wednesday after heavier-than-expected snowfall hit the Chinese capital overnight. A cold spell has been sweeping through swathes of China this week, with freezing rain …
Beijing crushing Tibetans, exiled political leader says
As Tibetans prepare to mark 65 years since a failed uprising against Chinese rule and questions loom over the Dalai Lama’s successor, the diaspora’s elected leader said Beijing is crushing his people.
China needs to do more on ‘silent crisis’ of debt, says World Bank official
Beijing must be more ready to support countries facing distress, says deputy chief economist …
China’s Property Stocks Gain as Lending Rate Cut Boosts Sentiment
Among individual movers, developer Shimao Group was up 8.3%, China Resources Land added 4.7% and New World Development rose by 5.3%.
Japan to scrap public aid for COVID-19 treatment
The government will also scrap payments to large hospitals that secure beds for COVID-19 patients, which range from 29,000 yen to 174,000 yen depending on the state of infections, the report added. (1 …
China’s Coal Boom Slows as Top Mining Hubs Focus on Renewable Energy
China’s coal boom is slowing as top mining regions limit growth and steer investment to the clean energy that will replace the dirtiest fossil fuel.
Experts: China still dominates manufacturing
The notion that global industry is looking to relocate from China is often rooted in rhetoric Despite narratives of decline, China’s manufacturing dominance remains unshaken, evolving and adapting to …
Navy envisions ‘hundreds of thousands’ of drones in the Pacific to deter China
With DIU contracting for prototypes, Pacific Fleet is experimenting with unmanned craft that may one day defend Taiwan.
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