The executives on Monday joined a US business delegation meeting Vice-Premier He Lifeng and Foreign Minister Wang Yi. He urged American firms to “participate aggressively in China’s further reform and …
Monthly Archives For July 2024
U.S. Biotech Billionaire’s Success In China Is Giving New Jersey A Boost
BeiGene is investing $800 million on a New Jersey manufacturing facility opening Wednesday at a former Bristol Myers Squibb site.
China Makes Nuclear Weapons Demands to U.S. and Allies
China urged the U.S. to adopt the policy of “no-first-use of nuclear weapons” and to abandon its nuclear umbrella to its allies.
China encourages some firms to tap foreign debt to boost real economy
China’s top economic planner said on Tuesday it will support high-quality companies to borrow medium- and long-term foreign debt, to support the development of the real economy, according to an official statement published online.
China seeking hi-tech solutions to disaster relief challenges
Satellite technology was used to help rescue teams when heavy flooding struck the centre of the country earlier this month China is stepping up its use of technology such as satellites and radar in …
CEO of chip maker YMTC says China to see ‘explosive’ semiconductor growth in 3-5 years
Chen Nanxiang, who also chairs China’s top chip industry association, said the country will benefit from new applications and packaging technologies, as Moore’s Law slows.
‘Coms Superhighway’: China plans to connect Earth and Moon with a unique idea
Chinese scientists have proposed a comprehensive network infrastructure between Earth and the moon to facilitate space travel and communication.
China’s Baosteel to buy out Nippon Steel’s 50% stake in auto steel venture
China’s Baosteel says it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242 million.
A Neoclassical Solution For China
China’s recently concluded Party Plenum took inspiration from ancient philosophers to solve its modernization drive. It is a bold and ambitious mo
China’s Rate Cut Steals Plenum’s Muffled Thunder
China’s economic difficulties are too hard to ignore. At the five-yearly Third Plenum — a gathering of the Communist Party leadership — that ended last week, the urgency for fiscal reforms and …
China firms issue record $14 bln convertible bonds as market revives
China’s top companies have raised a record $14 billion in offshore convertible bonds so far this year as they diversify future funding needs while interest rates stay high.
Growing cooperation between Russia and China in Arctic, Pentagon says
Russia and China are increasingly cooperating in the Arctic region, which could impact regional stability, the U.S. military said as it released its strategy for the Arctic region on Monday. Russia …
Robotaxis: China faces tough balancing act to embrace tech, while losing traditional jobs
The transition to robotaxi services comes at a time when China is in a race to lead the world in the adoption of autonomous vehicle and artificial intelligence technologies.
