China lacks the ability to fully invade Taiwan but is developing new hypersonic weapons and other methods to threaten the island, Taipei ’s defence ministry has warned.
Monthly Archives For August 2024
China’s weak factory PMI raises pressure for consumer stimulus
BEIJING (Reuters) -China’s manufacturing activity sank to a six-month low in August as factory gate prices tumbled and owners struggled for orders, an official survey showed on Saturday, pressuring …
China’s BYD to use Huawei’s advanced autonomous driving system in off-road EVs
Chinese electric vehicle (EV) giant BYD (002594.SZ) has signed an agreement with Huawei (HWT.UL) to use the Chinese tech conglomerate’s advanced autonomous driving system in its off-road Fangchengbao …
With 24 km bridge-tunnel link, Shenzhen tech hub set to sprawl further
GUANGZHOU — Businesses based in the Chinese high-tech capital of Shenzhen are gearing up to branch out to other cities now that a new bridge and tunnel system has eased travel across the Pearl River…
India’s top 10 export destinations including China, UAE, USA, and more
India’s exports grew by 9.1% year-on-year to $38.13 billion by May 2024, driven by high demand for engineering goods, petroleum, and textiles. Key mar
China manufacturing contracts for fourth straight month
Chinese manufacturing contracted for a fourth consecutive month in August, official data showed Saturday, a worse-than-expected result reflecting the world’s second-largest economy’s struggle to …
China’s August manufacturing slips to 6-month low
The recovery most analysts had expected following China’s lifting of its strict COVID-19 pandemic curbs in 2022 has so far eluded the $19 trillion economy. Last month, Beijing signalled it was ready …
China’s Troubled Solar Industry May Be Nearing a Turning Point
China’s solar manufacturers have just been through a bloodbath of an earnings season, but there are tentative signs the massive glut that’s plaguing the industry could be starting to ease.
GETTING AHEAD IN SHENZHEN | Keeping up with the fast pace of China’s Silicon Valley
Many Filipinos might recognize the name “Shenzhen” from online shopping, where international parcels often pass through its sorting centers before reaching the Philippines. But as a first-time …
‘We also acquire leverage against China’: 16th Finance Commission head Arvind Panagariya makes strong case for allowing Chinese investments
Panagariya, talking about India’s economic output, dismissed fears of India falling into a middle-income trap, predicting that the country could sustain growth rates of over 7% if it avoids past economic mistakes.
China Steps Into Bond Market as Angst Grows About One-Way Bets
China’s decision to step into its government-debt market shows that officials are willing to act to curb a relentless bond rally, but it raises new questions about efforts to stimulate the world’s …
Move over Beijing, Mumbai is the new capital of Asian billionaires: Hurun India Rich List 2024
India’s financial lifeline Mumbai has beaten China’s Beijing to become the billionaire capital of Asia, according to the Hurun India Rich List 2024.
RTX fined $200 million for exports to China and others, US says
RTX Corp will pay a $200 million fine to settle allegations that the aerospace and defense company violated export laws by exchanging data and products with prohibited countries, including China, U.S.