China is looking to take a lead in nuclear fusion research, and is spending as much as $1.5 billion per year on research
Monthly Archives For July 2024
China Regulator Said to Ask Some Banks to Cut Back Bond Risk
China’s financial regulator asked some rural lenders to shorten the average duration of their bond holdings, according to people familiar with the matter, as authorities seek to safeguard the banking sector amid a relentless rally…
China to further diversify soybean imports for stable supply: experts
China will continue to diversify sources for soybean imports following China’s reported first soybean purchase from the US in 2024, which came in about seven months late. The move aims to further safeguard a stable…
Songs, pandas and praise for Xi: how China courts young Taiwanese
They aim to immerse Taiwanese high-schoolers and university students in Chinese culture and to foster their sense of Chinese nationalism. Before 2020 several thousand Taiwanese students went to China each summer for internships and exchanges.
Hungary will not support NATO becoming ‘anti-China’ bloc, minister says
BUDAPEST, July 11 (Reuters) – Hungary does not want NATO to become an “anti-China” bloc, and will not support it doing so, Foreign Minister Peter Szijjarto said on Thursday.
Beijing financial court strengthens support for private businesses
As an intermediate-level court, it mainly handles finance-related civil and administrative disputes in Beijing, including those involving securities, insurance, bank cards, and financial loan …
Why China Is Trying to Curb Short Selling of Stocks
while state-owned China Securities Finance Corp. stopped lending securities to brokerages starting July 11. Earlier this year, China’s largest brokerage — state-controlled Citic Securities — stopped …
Biden administration targets China with new tariffs on steel and aluminum
Share on Facebook Share on Twitter The Biden administration on Wednesday announced new tariffs on steel and aluminum imports from all nations (with certain exceptions for Canada and Mexico) in a bid t …
The 2 apex predators designed to help NATO stop Russia – and China should take note, too
If Putin ever attacks a NATO country, he’s going to send tanks. And pop a missile barrage over Europe’s cities, just as he did to five cities in Ukraine on Monday.
Gasgoo Daily: SAIC-GM-Wuling, China Unicom forge strategic partnership
On July 2, 2024, Chinese automaker JAC Group officially put its first DI platform-powered electric vehicle, the E30X (known as EV 3 in China), onto the UAE market. The launch event took place at La…
China home to over 4,500 AI companies
China now hosts more than 4,500 artificial intelligence (AI) companies, reflecting the country’s efforts to embrace the AI boom, according to official figures …
Mainland China customs seizes more than 100 snakes from man at Hong Kong-Shenzhen border
Mainland Chinese customs officers have seized more than 100 live snakes concealed in a man’s trousers as he tried to cross the border from Hong Kong into Shenzhen. The unidentified man was intercepted …
Nato summit live: China accuses alliance of seeking security at expense of others after Ukraine row
Chinese foreign ministry spokesperson responds after Nato labels China ‘decisive enabler’ of Russia’s war against Ukraine