China will include Australia in its visa waiver program, Premier Li Qiang announced after meeting with Prime Minister Anthony Albanese in Canberra, in the latest sign of warming relations between the two countries.
Monthly Archives For June 2024
What Are China’s Nuclear Weapons For?
The recent expansion of China’s nuclear arsenal has been a striking feature of its progress toward great-power status. Even during the most intense periods of Cold War rivalry, Beijing maintained a small and remarkably vulnerable…
China refinery output slips 1.8% y/y on maintenance, falling profit margins
China’s oil refinery output slipped 1.8% from year-ago levels in May, statistics bureau data showed on Monday, as refiners undertook planned maintenance overhauls and processing margins were pressured by rising crude costs.
Hyundai: India’s biggest IPO could come from South Korean car manufacturer
Hyundai Motor’s India unit sought regulatory approval on Saturday for a stock market listing in Mumbai, which could be the nation’s biggest and will see the South Korean parent sell a stake of up to …
China’s property investment declines further in January-May
NEW DELHI: Property investment in China witnessed a 10.1% decline compared to the same period in the previous year in the initial five months of 2024, a further drop from the 9.8% decrease recorded in…
China new home prices fall at fastest clip in nearly 10 years
China’s new home prices fell at the fastest pace in more than 9-1/2 years in May, official data showed on Monday, with the property sector struggling to find a bottom despite government efforts to …
YOFC and China Mobile Debut World’s First 800G Hollow-Core Fibre Transmission Network
On June 6, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), in collaboration with China Mobile, unveiled the world’s first 800G hollow-core fibre transmission test network in Shenzhen-Dongguan,
China’s Supreme Court Rules WM Motor to Pay Geely Record USD88 Million in IP Theft Lawsuit
(Yicai) June 17 — China’s supreme court ruled troubled electric vehicle startup WM Motor Technology to compensate automotive giant Geely Automobile a record of CNY640 million (USD88 million) over the infringement of trade secrets and…
China’s central bank adds liquidity via reverse repos, MLF
File photo shows an exterior view of the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s central bank injected liquidity into the banking system through reverse repos and …
US as many as 15 years behind China on nuclear power, report says
WASHINGTON, June 17 (Reuters) – The U.S. is as many as 15 years behind China on developing high-tech nuclear power as Beijing’s state-backed technology approach and extensive financing give it the edge, a report said…
Weekly news roundup: Rising exports indicate China’s semiconductor overcapacity
These are the most-read DIGITIMES Asia stories in the week of June 10 – June 14. Save my User ID and Password Some subscribers prefer to save their log-in information so they do not have…
Beijing, Shenzhen, Shanghai top cities in China’s AI development
[Photo provided to chinadaily.com.cn] Beijing, Shenzhen, and Shanghai take the top three spots among the 100 most competitive cities in artificial intelligence development in China, according to the …
China says a Chinese vessel and Philippine supply ship collided in the disputed South China Sea
A Chinese vessel and a Philippine supply ship collided near the disputed Spratly Islands in the South China Sea on Monday, China’s coast guard said …