As Chinese scientists analyzed the soil samples that their lunar probe brought back from the moon, they realized something groundbreaking: There was water found along with minerals in the soil.
Monthly Archives For August 2024
China’s Steel Exports Face Headwinds as Trade Backlash Worsens
China’s flood of steel exports could ease in coming months, as a backlash from trade partners seeking to protect their domestic industries builds momentum.
Trump Says Government Shouldn’t Be Selling Bitcoin: ‘Crypto Is Like AI, If We Don’t Build It, China Will’
Former President Donald Trump lent his support to cryptocurrencies once again, noting that the U.S. government shouldn’t be selling Bitcoin (CRYPTO: BTC).
In June, China’s tin ore imports rebounded, with imports from Africa continuing to gain momentum [SMM Analysis]
In June, China’s tin ore imports amounted to 12,800 mt (equivalent to 5,159 mt in metal content), up 52.33% MoM, down 40.79% YoY, an increase of 1,377 mt in metal content compared to May.
China starts testing national cyber-ID before consultation on the idea closes
Chinese app developers have signed up to beta test a national cyberspace ID system that will use facial recognition technology and the real names of users, according to Chinese media.
Nezha-SeaDart: China tests air-sea hybrid drone with flight, dive capabilities
Chinese scientists from Shanghai Jiao Tong University (SJTU) have recently made a significant breakthrough by creating a novel hybrid aerial underwater vehicle (HAUV) known as Nezha-SeaDart. This …
China launches first satellites of constellation to rival Starlink, newspaper reports
A Chinese state-owned enterprise on Monday launched the first batch of satellites for a megaconstellation designed to rival U.S. company Space X’s Starlink’s near-global internet network, a …
The 20 Measures China’s Unveiled to Get People to Spend Their Cash
China has announced a 20-step plan to get people to spend more, but offered little in the way of financial incentives to rev up domestic demand.
Made-in-China Goes Upscale as a New Generation of Brands Battles Slowdown
Homegrown brands such as Boox, Narwal and Laifen are seeking a hedge as concerns about domestic economic weakness grow.
Yum Brands China CFO to step down
KFC owner Yum Brands said Andy Yeung, finance chief of its Yum China Holdings, intends to resign for personal reasons, effective Sept. 30.
US-China Olympic races include Nike vs. Anta, Comcast vs. TikTok
While the world’s best athletes face off at the Olympics, investors and strategists may be more interested in the competition for corporate power between the media and sports brands using sponsorships …
Secure Jobs, Uncertain Future: China’s Growing Appetite for Government Employment
While a robust public sector is essential, an overreliance on government employment could significantly reshape China’s future.
China announces huge stimulus package to boost lagging economy
Economists estimate that a 10% increase in US import tariffs could cut China’s real economic growth by at least 0.3 percent next year. China’s policies have favored businesses and manufacturers at the …
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