China’s Adm. Dong Jun sought to assuage fears of confrontation between the Chinese and American militaries a day after the U.S. defense chief did the same.
Monthly Archives For June 2024
China’s commercial banks see stable credit asset quality
At the end of the first quarter, the total domestic and foreign currency assets of China’s banking financial institutions stood at 429.6 trillion yuan, an increase of 8.1 percent year-on-year, the …
Nobel laureate Paul Krugman agrees Beijing is making too much stuff: ‘The world will not accept everything China wants to export’
China’s economy suffers from “vastly inadequate” domestic spending, the Nobel Prize-winning economist said in a television interview.
China’s lunar probe could return with answer to origins of solar system
China’s Chang’e-6 lunar probe looks set to begin its historic journey back to Earth from the moon’s far side after collecting samples that scientists expect will help answer key questions about the …
China’s manufacturing surges, Caixin PMI shows, but global risks grow
China’s factory activity grew the fastest in about two years in May due to production gains and new orders, particularly at smaller firms, a private sector survey showed on Monday, lifting the outlook …
Sharif’s Beijing trip: Can China-Pakistan Economic Corridor be revived?
Sharif will visit Beijing, Xi’an and Shenzhen — the southern city that China showcases as a poster child of its dramatic economic rise since the 1980s. Shenzhen was handpicked by then-leader Deng …
After China, Zara expands live shopping experiment to Europe and US
Zara will expand its live shopping broadcasts to the UK, Europe and the United States this year, testing a format that is already wildly popular in China but one with which Western shoppers are less…
China’s Tourists to Spend Nearly $1 Trillion on Holidays at Home
Chinese tourists embarking on adventures closer to home are forecast to pump a record 6.79 trillion yuan ($938 billion) into the mainland economy this year — topping pre-pandemic levels for the first time.
Traditional Chinese attire meets AI at Beijing exhibition
A Beijing exhibition, blending traditional Chinese clothing with cutting-edge AI technology, is captivating visitors until June 13. Co-organized by Beijing Normal University and supported by the …
Asia Green Fund U.S.-China Green Fund I Partner Conference 2023 is Successfully Held in Beijing
The Asia Green Fund U.S.-China Green Fund I Partner Conference 2023 was successfully held. Under the theme “Aiming at the Green New Force, Being the Patient Capital”, many investor representatives, …
Absa aims to use new Beijing office to strengthen China-Africa business ties
The financial services group will develop relationships with Chinese firms, advise on the capability that Absa Group has across its footprint in Africa, Absa China CEO Kaempfer says.
China’s $889M Auto Trade-in Subsidies for 2024
China’s finance ministry has allocated 6.44 billion yuan ($889.02 million) for auto trade-in subsidies in 2024. This significant amount aims to incentivize scrapping old cars for new ones, boosting …
Are the days of cheap finance for Chinese solar over?
The Chinese PV industry has benefited from the availability of substantial finance over the past two decades, supporting the development of the renewable, zero-carbon capability essential for meeting …
