A flotilla of Chinese warships was kept under close watch last month as it visited Russia for its annual Navy Day celebrations.
Monthly Archives For August 2024
Beijing claims Iran has right to self-defense, condemns Haniyeh’s assassination
Chinese Foreign Minister Wang Yi speaks during the opening ceremony of the diplomatic symposium at the Diaoyutai State Guesthouse in Beijing (photo credit: REUTERS) In a phone call with Iran’s acting …
China Market Update: KE Holdings Beats, China “Tech 8” Forms Bullish Pattern
Mainland China had a lackluster day on the lightest volumes in a year, as both Shanghai and Shenzhen continue to sit at support levels. Most Mailand financial news was about the PBOC trying to cool…
Tough-on-China bills could get a vote next month
The House could vote on several China-related measures next month during a so-called China Week, aimed at building bipartisan consensus on how to respond to threats posed by Beijing. — Republicans are …
China’s autonomous vehicle startup WeRide seeks US IPO at $5B valuation
WeRide, a Chinese autonomous vehicle company, is officially gearing up for a U.S. public debut, over a year after China started easing its effective ban of foreign IPOs. The company is seeking a …
BA suspends costly Beijing route
British Airways (BA) will suspend flights from London, UK to Beijing, China in October following the longer flight times and increased costs that airlines
China’s Long March 2D Rocket Launches Yaogan-36 Series Satellite
China’s Long March 2D rocket launched the Yaogan-36 series remote sensing satellite from the Xichang Satellite Launch Center on Dec. 15, 2022. [Full Story](https …
Guangdong’s AI industry reaches US$25 billion as province competes with Beijing, Shanghai
Shenzhen’s AI industry accounts for more than 40 per cent of Guangdong’s output, but Beijing still reigns with AI output worth US$34.9 billion.
China Has a New Richest Man
Colin Huang has ended beverage mogul Zhong Shanshan’s three-year run amid the runaway success of e-commerce apps Temu and Pinduoduo.
Shanghai’s wealthy upgrade to new luxury homes despite property market downtrend
Sales of luxury homes in Shanghai are soaring as rich individuals, undeterred by China real estate market’s slump, purchase newly built units in prime locations. The city saw 1,544 luxury homes sold …
China’s treasury market rattled as central bank squares off with bulls
Chinese government bonds fell sharply on Monday following a turbulent week in which the central bank started intervening heavily to stem a plunge in long-dated yields even as the economy is struggling …
Inside the U.S.’s long, slow plan to undercut China on clean energy
Last year China invested more than $92 billion through its Belt and Road Initiative, according to the the Green Finance & Development Center at Fudan University in Shanghai. In contrast, the …
Denver firefighter took bronze in the 2008 Beijing Olympics
But there’s much more to his story than just fighting fires: 16 years ago, he was representing his country at the 2008 Beijing Olympics. John Elway’s Cherry Creek steakhouse to close due to mall construction…
