Chinese President Xi Jinping said on Thursday China is ready to expand investment and finance cooperation, enhance a multifaceted framework for energy cooperation and promote a balanced framework for …
Monthly Archives For May 2024
China releases 3-year action plan on artificial intelligence
China has released a three-year action plan to “strengthen standards” in emerging technologies, including artificial intelligence (AI).
China to impose controls on exports of aviation and aerospace equipment
China’s Commerce Ministry said Thursday it will restrict exports of aviation and aerospace-related equipment and technology beginning July 1. A notice seen Thursday on the ministry’s website said the …
How China’s EV makers aim to beat Tesla, legacy carmakers in Europe
Those rock-bottom prices have alarmed carmakers and their political allies in the US and Europe. In May, US President Joe Biden quadrupled tariffs on Chinese EVs to 100%. The EU is investigating China …
Toyota’s global volumes fall in April, led by drops in China and Japan
Toyota Motor’s April global sales and production fell from a year earlier, hurt by an intense price war in China and a decline in Japan after a production stoppage of some models and a safety…
China unveils national disease control action plan for 2024-25
BEIJING — China has released a comprehensive national disease prevention and control action plan for 2024-25, detailing 10 specific measures aimed at enhancing the country’s public health system.
Biden’s New Tariffs Should Raise Alarm Bells in Beijing
Washington slapped new tariffs on China in what looks at first glance like the latest round of a familiar trade spat. The White House imposed duties of 25 to 50 percent on a range of…
Internet lawsuits involving children jump in Beijing
Internet lawsuits involving children have risen rapidly in Beijing over the past three years, with many related to refund of tips made to livestreaming hosts or online games, cyberbullying and personal information protection, according to…
US-China, wars, and South China Sea likely to dominate Asian security meeting
The fraught relationship between China and the United States is expected to loom over Asia’s top security meeting this week, as are the wars in Ukraine and Gaza, and simmering South China Sea tensions …
China to invest $845 million on ramping up its advanced EV battery ambitions
China plans to invest around 6 billion yuan ($845 million) to develop next-generation battery technology powering electrical vehicles (EVs), even as its industrial policy has sparked overcapacity …
Pressure mounts on Beijing to allow renminbi to weaken
Markets are pushing for a weaker yuan to reflect the gap in bond yields with the US — 10-year Treasury yields trade at 4.57 per cent, while 10-year Chinese government bonds offer just 2.3 per…
Shipping Hong Kong’s waste to mainland China is not the answer, authorities stress amid concerns over collaborative plan
City government stresses importance of collaboration with Greater Bay Area, after minister calls for integrated waste handling prompts concerns of rubbish importing Collaboration proposal might go …
China’s chrome ore imports in April reached 1.6319 million mt, demand growth left supply gap [SMM Analysis]
According to customs statistics, China imported 1.6319 million mt of chrome ores in April, down 15,100 mt MoM (-0.92% MoM) but up 158,200 mt YoY (+10.73% YoY). The imports in January-Apirl totalled …