BEIJING (AP) — Chinese state media say an explosion has killed one person and injured 22 in a building outside Beijing.
Monthly Archives For March 2024
Korea to Review Risky Financial Products After China-Tied Losses
South Korea plans to review the sale of potentially high-risk investments after a probe found that banks missold China-linked structured products to retail investors who are facing more than $4 …
U.S. Announces $4 Billion Strategy to Counter China’s Influence
The move comes in response to China’s extensive Belt and Road Initiative, which has significantly overshadowed U.S. efforts in funding infrastructure development in developing countries. Chinese …
China’s aromatics building boom rattles the petrochemical industry
The country’s massive oil-to-chemical complexes have led to oversupply in polyester, nylon, and other aromatic-derived chemicals …
Sports and music lessons for China’s kids in sharp decline as purse strings tighten
Zhang Zhaolin pulled her 10-year-old son out of soccer classes that he loved after she was laid off from her job at a Chinese internet firm.
China Leads the World in Hypersonic Technology
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world …
Global electric car sales in February hurt by China’s New Year celebrations
The company said global sales hit 800,000 units. Sales in Europe grew 12% versus February of last year and rose 31% in the U.S. and Canada, but they fell 12% in China. “The reason for…
China eyes up unsettling counter-space weapons to blast US satellites from sky
Worry has started to spread as experts anticipate that “by 2030, China probably will achieve world-class status in all but a few space technology areas.” As China has placed more focus on space-based …
Beijing subway system is a lifeline for the city
A passenger on the Xiju station of Subway Line 14 in Beijing. [Photo/Xinhua] The Beijing subway system continues to be a beacon of efficiency and convenience for millions of commu …
Michael McGrath begins China trip ahead of St Patrick’s Day
The visit follows the Chinese premier’s visit to Ireland last month, which resulted in the country lifting its Irish beef suspension …
Confidence, certainty and potential behind China’s 2024 growth target
The average reserve requirement ratio (RRR) of China’s entire banking sector is 7 percent and there is still room for further RRR cuts, Pan said. Tian Xuan, vice dean with Tsinghua University’s PBC …
China’s Global South Exports Surge In 1St 2 Months
Brazil (+37.1%), and South Africa (14.8%), as well as Vietnam (+28.4%) and Indonesia (+22.2%). China’s exports to the Global South surpassed exports to all developed markets during late 2022 and 2023, …
China’s new development, world’s new opportunities
The continuous improvement of the international brand power of Chinese enterprises is inseparable from the core innovation ability. In the 2023 Global Innovation Index, China was the only …
