Mercedes-Benz Group has received approval from Beijing to conduct level-4 autonomous driving tests on its roads and expressways, the first international carmaker to obtain such a permit in China’s …
Monthly Archives For August 2024
China’s naval commandos rode electric skateboards into a combat exercise with drones disguised as birds, then left in a pickup truck
Special forces for China’s navy showcased a jet-powered surfboard, electric skateboards, and an exploding drone in a televised live-fire exercise.
China central bank asks some institutions to report daily long-term bond holdings: sources
CHINA’S central bank asked some financial institutions to report daily changes in their long-term treasury bond positions and balances, four people familiar with the matter said on Monday (Aug 5), as …
China’s internet explodes with pride at ending US swim relay reign – and a sense of vindication
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — China’s internet exploded with…
China’s Honor Receives Strong State Backing Ahead of IPO
Chinese smartphone maker Honor is receiving significant support from local government backers as it prepares for an initial public offering (IPO). The former Huawei unit is benefiting from …
China’s city dwellers will soon have more pets than toddlers, and there’s 1 way investors can cash in on the trend, Goldman Sachs says
Cash gifts and subsidies haven’t stopped China’s baby bust But the incentives don’t seem to have changed the minds of Chinese women, who told Business Insider in February that they were turned off by …
Vietnam’s coast guard visits Philippines for joint drills as both face maritime tensions with China
A Vietnamese coast guard ship arrived in Manila on Monday for a four-day goodwill visit and joint exercises as the two countries attempt to put aside their own territorial disputes in the face of rising…
China’s city dwellers will soon have more pets than toddlers, and there’s one way investors can cash in on the trend, Goldman Sachs says
China’s baby bust could see its urban pet population outnumbering the number of toddlers by 2030, investment bank Goldman Sachs wrote in a July 28 report. “We expect to see stronger momentum in pet …
China asks large state financial institutions to drop auditor PwC, say sources
BOC, China Life, PICC, China Taiping and China Cinda did not immediately respond to a request for comment. The MOF is the biggest shareholder in more than 20 large state financial institutions …
China spends big on beef from Latin America-Caribbean as copper drops among exports
For the first time since China became a major trading partner of Latin American and Caribbean (LAC) nations, frozen beef ranked among the top five imports from the region into China in 2023, …
Royal Air Maroc revisits Beijing route after pandemic wrecked previous launch
Oneworld alliance carrier Royal Air Maroc is restarting a service to Beijing after the pandemic forced it to abandon the route just weeks after a previous launch attempt. Royal Air Maroc opened the connection in…
China Economy: Xi Jinping Projects “Pro-Business” Image Amid Crackdowns
Chinese economy has been gripped by a slowdown. China’s mouthpieces are projecting the Chinese leader as “business friendly”. But Beijing’s crackdown of private companies and business owners has …
Exclusive-China’s Honor gets “unusually” strong state backing as it readies IPO
SHENZHEN, China (Reuters) -Chinese smartphone maker Honor is receiving an “unusually” high level of support from local government backers, as the former Huawei unit prepares an initial public offering …
