WeRide is not alone in pursuing a U.S. IPO. Pony.ai, one of its main competitors, is also reportedly preparing to go public in the U.S. after its previous attempt in 2021 was delayed due to…
Monthly Archives For August 2024
Panic Investors Pulled Out $15 Billion in First Quarter as China Faces Economic Crisis
China, once a thriving hub for global investment, is now witnessing an alarming economic slowdown. This downturn is leading to a mass exodus of funds from the country by panic investors. In the last …
South China Sea: how will Manila answer as Beijing shifts tactics from water to sky?
It’s there specifically to ensure we do not reach a point in which armed conflict seems inevitable. If Manila invokes it soon and Beijing does not back down, then it loses a big part of…
World Youth Development Forum opens in Beijing
BEIJING — The 2024 World Youth Development Forum opened in Beijing on Monday, with more than 2,000 young people from over 130 countries and 20 international organizations participating both online and on-site. Monday marks International…
China stocks remain range-bound amid economic slowdown concerns
Chinese stocks traded within a narrow range on Monday as concerns about a potential slowdown in the world’s second-largest economy kept investors cautious, even as other regional markets advanced.
U.S. Officials to Visit China for Economic Talks as Trade Tensions Rise
The recently established U.S.-China Financial Working Group is set to meet for discussions about financial stability and curbing the flow of fentanyl. By Alan Rappeport Reporting from Washington A …
China celebrates historic Olympic gold medal tie with US after neck and neck battle
China is celebrating its best-ever performance at an overseas Olympics after winning the same number of golds as the United States at the Paris 2024 Games.
China trials cargo drones, air taxis as low-altitude economy gains speed
By Ryan Woo BEIJING (Reuters) -Engineers sent China’s biggest-yet cargo drone on a test run over the weekend while a helicopter taxi took to the skies on a soon-to-open 100-km (62-mile) route to …
Vietnam’s newly appointed party chief set to visit China next week
Vietnam’s top leader To Lam will visit China next week in his first foreign trip since his appointment as general secretary of the ruling Communist Party earlier in August, three officials familiar …
Guangdong’s imports and exports surge in July
Guangdong, the country’s biggest foreign trader, recorded double-digit growth in exports for the fourth month in a row, indicating a strong economic rebound and high domestic demand in the province, a …
China’s exports growth slows to 3-month low in July
“Due to base effect, China’s exports may keep a single-digit growth in the near future, but considering the slowing external demand and tariffs, the outbound shipments in the second half of 2024 will face bigger…
{Hot Stocks}CHINA UNICOM(00762) quoted at HK$6.16, down 2.8%
[ET Net News Agency, 12 August 2024] CHINA UNICOM (00762) fell 2.8% to HK$6.16, dipping below the 100-D SMA of HK$6.309. It hits an intra-day low of HK$6.13, hitting an 1-month low, and an intra-day…
Made-in-China sports exports surge amid Paris Olympics, showcasing China’s strong innovation, manufacturing capability
From hydrofoils to small table tennis balls, made-in-China products were in the spotlight at the Paris Olympic Games, showcasing China’s industrial advantages and strong manufacturing capability. Thanks to the event,
