Chinese President Xi Jinping awoke in Paris on Monday on his first visit to the region in five years, with trade and Russia’s war with Ukraine on the agenda in talks with France’s Emmanuel Macron…
Monthly Archives For May 2024
GM-Backed Self-Driving Firm Momenta Said to File for IPO in US
Chinese self-driving firm Beijing Momenta Technology Co. has filed confidentially for an initial public offering in the US, according to people familiar with the matter.
Chinese homebuyers favour ‘second-hand’ houses as property crisis bites
Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Deep in the heart of Shanghai’s former French Concession, buyers are inspecting an old apartment, taking in the …
China’s EV makers, unfazed by US, European export curbs, will push overseas vehicle shipments to new heights, analysts say
China’s overseas vehicle shipments are set to grow at a clip this year, bolstered by surging sales in markets like Southeast Asia and the Middle East, as the country’s heft in manufacturing electric cars goes…
Hungary and Serbia’s autocratic leaders to roll out red carpet for China’s Xi during Europe tour
Chinese leader Xi Jinping will spend the bulk of his five-day tour in Europe this week in two small countries at the continent’s eastern half
China’s hype video for its lunar base showed what looked like a NASA Space Shuttle lifting off, which it then realized and tried to fix
The CGI clip in the China National Space Administration was later blurred out in a state media version of the lunar base teaser.
Debunking China’s Overcapacity Myth
China shifted the preponderance of its exports to the Global South away from developed markets, and at the same time bui
Macron sets Ukraine as top priority as China’s Xi Jinping pays a state visit to France
French President Emmanuel Macron will seek to press China’s Xi Jinping to use his influence to move Russia toward ending the war in Ukraine during a two-day state visit to France. Both leaders were also…
Chinese dissidents living in U.S. endure harassment campaigns they claim come from Beijing
American officials say foreign countries like China intimidate, harass and sometimes plot violence against political opponents and activists in the U.S.
In China, Ruled by Men, Women Quietly Find a Powerful Voice
Women in Shanghai gather in bars, salons and bookstores to reclaim their identities as the country’s leader calls for China to adopt a “childbearing culture.”
China’s Ant Group doubles down on global expansion with cross-border payments offering Alipay+
Ant introduced Alipay+ in 2020, allowing foreigners to use certain mobile payment apps from their home countries to scan Alipay QR codes to pay in China.
China’s central bank survey shows ‘precarious’ job market, low consumption demand still weighing on economy
More than 46 per cent of urban residents polled by People’s Bank of China say job market is ‘uncertain’, while 62 per cent aim to save more Findings present continued challenges for policymakers …
China Development Bank lends 104b yuan for transportation, logistics infrastructure development in Q1
BEIJING — China Development Bank said it had issued 104 billion yuan ($14.63 billion) in loans during the first quarter of 2024, in an effort to bolster the advancement of transportation and …