The United Nations Educational, Scientific and Cultural Organization (UNESCO) has included the Beijing Central Axis in its world heritage list, recognizing its
Monthly Archives For August 2024
Banking on reform to secure economic growth
And China’s financial system needs to be reformed to facilitate the further deepening of reform comprehensively to advance Chinese modernization. The resolution issued by the third plenum has outlined five key areas for financial system…
Fears of slowing U.S. growth jolt markets around the world
Anxiety over a slowdown in the U.S. economy intensified Monday, with a retreat in markets that began last week snowballing into a global rout.
US trade restrictions may affect China’s AI progress and Samsung’s revenue
China’s artificial intelligence (AI) efforts face a looming threat with potential US trade restrictions forcing firms to stockpile chips.
Consumer giants from Starbucks to General Mills have one big sales problem: China
Starbucks reported China same-store sales dropped by 14% in the quarter ended June 30, far steeper than the 2% decline in the U.S. “Consumer sentiment in China is quite weak,” McDonald’s chairman, CEO …
Chinese-American agent for Beijing ‘accepts the verdict’ in Brooklyn trial after conviction
Shujun Wang and his attorney spoke with the press Tuesday after his guilty verdict in a Brooklyn court for spying on Chinese government dissidents. (Credit: Reuters) …
Finally, US figure skaters will get Beijing Olympic gold medals — under Eiffel Tower
For the first time in history, Winter Olympians will receive their gold medals at the Summer Olympics as the Kamila Valieva doping saga finally ends.
China stocks, yuan ease despite regional rebound; yields rise on bank selling
China stocks struggled to rise on Tuesday despite the rebound in regional markets as investors remain concerned about its lagging economic recovery.
Creditor China ‘closely monitors’ conditions in post-Hasina, debt-heavy Bangladesh
Beijing, one of Dhaka’s main lenders, says it hopes social stability will be restored in the South Asian country as soon as possible.
Vans-parent VF Corp posts smaller Q1 revenue drop than expected, on better China demand
VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its China business as well as leaner inventory levels, sending its shares up 5% in extended …
Yum China, owner of KFC and Pizza Hut, beats estimates as low-price strategy draws diners
The fast-food chain posted a net profit of US$212 million for the April to June quarter, beating analysts’ estimates of US$190 million.
US, China compete to study water on the moon: Why that matters for future missions
After NASA canceled its VIPER launch last month, the space agency is looking for other ways to explore and study water ice on the moon.
China and the United States lead in team artistic swimming after 2 rounds at Paris Olympics
China and the United States were the leaders after the team free routine in artistic swimming at the Paris Olympics.
