The manufacturing sector in China slipped into contraction territory in May, the latest survey from the National Bureau of Statistics …
Monthly Archives For May 2024
Asian companies remain committed to China despite economic headwinds, trade tensions
As China saw a sharp drop in inbound foreign direct investments in the first four months of 2024, top leaders have stepped up engagement with foreign companies.
China’s factory activity unexpectedly contracts in May
China’s manufacturing activity unexpectedly fell in May, an official factory survey showed on Friday, keeping alive calls for fresh stimulus as a protracted property crisis continues to weigh on …
US officials meet China’s vice foreign minister after sanctions warning
U.S. Deputy Secretary of State Kurt Campbell and deputy national security adviser Jon Finer met China’s Vice Foreign Minister Ma Zhaoxu in Washington on Thursday, a day after Washington accused …
China Manufacturing Activity Falls Unexpectedly as Market Demand Shrinks
An official gauge of China’s manufacturing activity unexpectedly slid into contraction in May, snapping a two-month run of growth as market demand shrank sharply.
US-China defence chiefs to talk thorny issues, keep communication alive
U.S. Defense Secretary Lloyd Austin will meet with his Chinese counterpart on Friday for the first time since 2022 to discuss contentious issues such as Taiwan and the South China Sea, but also the …
How Researchers Cracked an 11-Year-Old Password to a $3 Million Crypto Wallet
Thanks to a flaw in a decade-old version of the RoboForm password manager and a bit of luck, researchers were able to unearth the password to a crypto wallet containing a fortune.
China Property Debt Rally to Face Volatility, Fund Managers Say
A recent rally in China’s property debt fueled by Beijing’s policy support runs the risk of tapering off as default risks for developers continue to linger. China’s junk dollar bonds rose for a fourth …
Harmonising heritage and high-tech between M’sia and China
“There is ample scope for cooperation in emerging technologies such as AI (artificial intelligence), IoT (Internet of Things), blockchain technology and the like. “China is a leader in these …
Military drill tempo picks up in Asia, but China still lags U.S. and allies, report says
The United States and China have significantly increased the volume of military exercises across Asia amid roiling regional tensions in recent years, though Beijing’s drills still lag in scale and complexity,
Affordable Redmi Note 13R smartphone now on sale in China for $193
Currently, the Redmi Note 13R is exclusively available through China Unicom’s official mall, with no confirmed details regarding global release or pricing for other markets.
China unveils ambitious three-year plan to dominate AI and computing standards
The plan focuses on strengthening research and developing standards for advanced chips, computing power infrastructure, quantum technology applications, brain-computer interfaces, and AI.
Morning Bid: China PMIs, Tokyo CPI eyed; month-end mood dims
Little wonder, perhaps, that investors are taking some chips off the table as the month end approaches.It may be month-end on Friday, but there will be no rest for Asian markets. Not if the economic…
