Three days before his communist government turns 75, China’s foreign minister is warning fellow leaders against an “expansion of the battlefield” in Russia’s war with Ukraine.
Monthly Archives For September 2024
China’s central bank conducts reverse repos Sunday
BEIJING – China’s central bank conducted 182 billion yuan ($25.96 billion) of seven-day reverse repos at an interest rate of 1.5 percent Sunday. The move aims to keep liquidity in the banking system …
New tech at digital trade expo signals China’s foreign trade momentum
The third Global Digital Trade Expo, currently unfolding in Hangzhou, capital of east China’s Zhejiang Province, is offering a glimpse into avant-garde technologies that are unlocking the country’s …
China showcases its first lightweight lunar spacesuit designed for 2030 moon landing
China has unveiled its first-ever lunar spacesuit design, advancing its plans for a crewed moon landing by 2030.
Should You Sell Nvidia; Buy China? That’s What This Billionaire Investor Is Doing
Tepper’s fund dumped 3.73 million shares of Nvidia, or roughly $450 million worth of the top artificial intelligence (AI) stock, in Q2. That wasn’t quite all of Appaloosa’s stake. But it was more than …
Beijing is seriously concerned about the Chinese economy
China’s leaders and economic policymakers – who have been optimistic and confident about the economy for years – are clearly spooked. Just two weeks ago, Chinese state media was happily insisting …
China showcases lightweight lunar spacesuit designed for 2030 moon landing
China has unveiled its first-ever lunar spacesuit design, advancing its plans for a crewed moon landing by 2030.
WWD China Hosts 60 X 60 Designers and Muses Gala in Shanghai
The gala runway show included 60 Chinese designers and is a part of the 2024 edition of the World Design Cities Conference in Shanghai.
Wuhan is in the news again after the COVID-19 outbreak; this time a Chinese attack submarine sank at a shipyard in the city
A new Chinese nuclear-powered assault submarine sank at a Wuhan shipyard, raising questions about China’s military capabilities and governance. Satellite photographs corroborated the salvage efforts …
Can China Sustain Stimulus-Fueled Market Rally?
Chinese assets including stocks and the yuan extended gains a day after top officials unleashed a wave of stimulus measures. Bloomberg Intelligence analysts Marvin Chen and Stephen Chiu discuss …
Wang touts China’s role as peacemaker, calls for Mideast ceasefire
Chinese Foreign Minister Wang Yi sought to burnish his country’s credentials as a global peacemaker at the United Nations General Assembly on Saturday, calling for a cessation of fighting in the Middle East and touting…
Technology growth, closer China-Nepal cooperation boost potential in advancing BRI
Since Nepal’s participation in the China-proposed Belt and Road Initiative (BRI) began several years ago, practical bilateral cooperation in various fields has noticeably accelerated, making a …
Lufax, Futu, Qifu dominate weekly financial gainers after China stimulus blitz
Chinese financial stocks scored the biggest weekly gains among financials after China announced a series of stimulus measures aimed at revitalizing the economy, the likes of which haven’t been seen …
