Chinese smartphone maker Honor has announced an investment from China Mobile’s parent company as it prepares for an initial public offering (IPO). The investment amount remains undisclosed. Formerly a …
Monthly Archives For August 2024
European farmers caught in crossfire of EU-China trade war as Beijing targets dairy
When he went to Beijing earlier this year, former EU agriculture commissioner Janusz Wojciechowski begged Chinese counterparts not to drag farmers into the row over EVs. “My intention is to do everything which is possible…
China central bank rolls over maturing loans, injects cash
China’s central bank rolled over maturing medium-term loans and injected cash through its liquidity instruments on Monday, underlining market expectations for further easing as the economy struggles …
China central bank rolls over maturing loans, injects cash
China’s central bank rolled over maturing medium-term loans and injected cash through its liquidity instruments on Monday, underlining market expectations for further easing as the economy struggles …
China’s Central Bank Keeps Key Policy Steady as Expected
China’s central bank kept its key policy rates unchanged, as widely expected after a flurry of rate cuts last month.
China’s fiscal revenue falls 2.6% in January-July
BEIJING: China’s fiscal revenue fell 2.6% in the first seven months of 2024 from a year earlier, narrowing slightly from a 2.8% slide in the first half, finance ministry data showed on Monday, as the…
A glimpse of the new ‘Great Game’ between the U.S. and China
The competition between the United States and China has seen geopolitical and economic flash points sprawl across continents.
China slams U.S. for adding firms to export control list over alleged support for Russian military
China on Sunday vowed action against a U.S. move to place some Chinese firms on its export control list. A China’s Ministry of Commerce spokesperson said the U.S. move “undermines the international trade order and…
Tesla’s Optimus faces stiff humanoid competition at Beijing robot conference
While Chinese companies last week showed off humanlike robots playing the zither or grabbing sodas, Tesla displayed its Optimus humanoid inside a clear box, next to its cars. The World Robot Conference that began Wednesday…
Participants of cross-Strait journalism camp visit Great Wall in Beijing
Participants of a cross-Strait journalism camp pose for a photo at Mutianyu section of the Great Wall in Beijing, capital of China, Aug. 25, 2024. A cross-Strait journalism camp for university students opened on Tuesday…
China Fines Seven Companies Over Tainted Cooking Oil Scandal
China has fined seven companies for their involvement in a tainted cooking oil scandal that caused a nationwide uproar over food safety last month.
China’s AI Engineers Are Secretly Accessing Banned Nvidia Chips
SINGAPORE—Chinese artificial-intelligence developers have found a way to use the most advanced American chips without bringing them to China.They are working with brokers to access computing power overseas,
German firms ramp up investment, not to miss out on China’s growth opportunities
Schumann echoed this sentiment, stating that China’s innovation leadership is gradually strengthening, and more German firms are investing strategically in the country to participate in local …
