The city’s meteorological service forecast that Beijing will see heavy rain cumulatively exceeding 100 millimeters in some areas from Saturday afternoon to Sunday, which could induce secondary …
Monthly Archives For August 2024
Catherine Thorbecke: China’s AI video rush is a wake-up call for the world
The rush to offer these services to the Chinese public stands in stark contrast to firms in the United States,” Thorbecke writes.
US Leads the Way in Climate-Tech Funding, As China Falls Behind
The US supplanted China as the world’s top market for climate-tech financing in this year’s first half even as the amount invested fell, according to a new analysis from BloombergNEF. Companies in the US raised…
China puts IPO bankers on notice
China is planning to name and shame the bankers responsible for withdrawn or rejected IPOs, as part of an ongoing effort to improve the quality of domestic IPOs. The Securities Association of China …
Alibaba and Walmart Are Bellwethers. What Their Results Say About China, U.S. Economies.
Alibaba and Walmart, two of the world’s largest retailers, reported earnings this week, with their respective reports revealing starkly different trends about the world’s two largest economies. Less …
China’s biodiesel producers seek new outlets as hefty EU tariffs bite
Henan Junheng and Longyan Zhuoyue Group in an export business that was worth $2.3 billion last year. Some larger producers are eyeing the marine fuel market in China and Singapore, the world’s top …
China will focus on boosting consumption to improve economy, premier says
China’s Premier Li Qiang told a cabinet plenary session on Friday that great efforts must be made to boost the economy and the country will focus on stimulating consumption, state media reported.
New tariffs on imports from China ‘seem very likely’ in a second Trump term: GS
Fresh tariffs on imports from China “seem very likely in a second Trump administration,” Goldman Sachs (NYSE:GS) strategists said in a note, citing “clear” authority to impose them and “fairly broad …
China Plans Marriage Law to Stop Population Free Fall
The draft legislation would remove a longstanding restriction to boost the number of marriages, which have been trending downward for a decade.
China Unicom profit continues climb as capex drops
China Unicom trimmed its capex in H1 2024, with the operator registering an eighth consecutive year of double-digit profit growth.
Commentary: China’s AI video rush is a wake-up call for the world
China is narrowing the gap with the United States when it comes to AI technology. It’s also opening a Pandora’s Box, says Catherine Thorbecke for Bloomberg Opinion.
Chinese commercial bank chairman killed, stabbed in office, ex-subordinate held: report
Bank of Handan chairman Zheng Zhiying died in hospital on Thursday having been allegedly killed by his former employee, according to reports.
Donald Trump reveals he owns $1m in crypto and made $300k from branded Bibles
Donald Trump’s stance on cryptocurrency has evolved since his presidency, when he initially dismissed it as a scam, but he now wants to build a “crypto army.” …
