China’s economic development won’t be upended by external containment, while the nation’s technology self-reliance will be strengthened, the Foreign Ministry said on Wednesday. Lin Jian, a ministry …
Monthly Archives For July 2024
US containment policy cannot stop China’s technology advance: Foreign Ministry
China’s economic development won’t be upended by external containment, while the nation’s technology self-reliance will be strengthened, the Foreign Ministry said on Wednesday. Lin Jian, a ministry …
China to Ban Export of Unregulated Civilian Drones Amid Scrutiny Over Russia-Ukraine Conflict
China has announced a prohibition on exporting unregulated civilian drones that could be used for military or terrorist activities. This decision comes amid Western criticism of China’s stance on the …
China Wants to Start a National Internet ID System
The government said the proposal would protect online privacy. Critics said it could further concentrate government control over the internet.
China Stocks Spur Emerging-Market Gauge as Focus Moves to Fed
Emerging-market equities rose the most in three weeks, buoyed by earnings and a rally in Chinese stocks as weak data fueled hopes for stimulus.
Olympics-Table Tennis-China’s newly crowned Wang suffers shock elimination by Swedish Moregard
By Krystal Hu Paris – Less than 24 hours after celebrating his gold medal win in the table tennis mixed doubles, China’s Wang Chuqin suffered a shock exit in the singles event to Sweden’s Truls…
PBoC Gold Conduit Revealed – Chinese Central Bank Did Not Stop Buying Gold In May
At the core of the Chinese domestic gold market, which excludes Free Trade Zones, is the Shanghai Gold Exchange, where predominantly 1Kg gold bars are traded.
‘Worst is behind us’ on China property crisis, says HSBC boss
Mr Quinn is to step down in September and be replaced by finance chief Georges Elhedery, who will become the bank’s first Mandarin-speaking chief executive. Mr Quinn said: “The real estate market in …
Skadden and Commerce & Finance Advise on Chinese Robotaxi Firm’s $100M US IPO
WeRide’s debut would follow that of industry counterpart, Zeekr Intelligent Technology Holding Ltd., which raised $440 million earlier this year.
China’s Economic Tea Leaves Offer Optimism for Metals Bulls
For more evidence that we might be at a turning point, look no further than the red metal. The bellwether industrial commodity has lost almost a fifth of its value since mid-May, largely on the…
China Home Sales Slump Drags On Despite Latest Rescue
China’s residential slump deepened again in July despite the country’s most forceful efforts yet to support the property market.
China Expands Military Drone Export Curbs After Ukrainian Visit
China has adjusted its export controls on drones intended for military use, as Beijing faces growing criticism from the US and it allies over bolstering Russia’s battlefield efforts in Ukraine.
The US is about to introduce a new rule to clamp down on AI chip equipment exports to China, Reuters reports
The Biden Administration is preparing to announce a new rule that will give the US powers to block exports to Chinese chipmakers, Reuters reported.