China’s policymakers have announced a significant package of easing measures designed to lift China from a state of entrenched economic weakness.
Monthly Archives For September 2024
Bitcoin targets $70K as stablecoin inflows and China stimulus boost rally
Bitcoin has surpassed $65,000, driven by stablecoin inflows and Chinese stimulus, with a $70,000 price target in the next two weeks.
Charting the Global Economy: China Opens Up Stimulus Flood Gates
China’s policymakers uncorked sweeping stimulus measures aimed at bolstering demand and keeping the world’s second-largest economy from slipping into a deflationary spiral.
China keeps adding new countries to its visa-free program
Over the last year, China has taken the uncharacteristic step of slackening its rules for foreign visitors. In a pilot program meant to bring in tourist dollars post-pandemic, the country has launched …
China is a year behind US in AI models but the gap is ‘significant’, says expert
When it comes to LLMs with text generation, China is about half a year to a year behind, Roey Tzezana, a fellow at Yuval …
China wants its local companies to boycott billionaire Huang’s Nvidia Chips
China is re-enforcing efforts to encourage domestic companies to favour homegrown artificial intelligence (AI) chips over Jensen Huang’s Nvidia advanced …
China Lost a Brand New Nuclear Attack Submarine: We Want to Know Why
China’s ambitions to challenge U.S. naval supremacy suffered a major setback when its newest nuclear-powered attack submarine sank during construction earlier this year. U.S. defense officials …
China Cries Uncle With Big Pledge on Property Crisis
China’s leadership, after showing limited concern about the nation’s sluggish growth in recent months, finally reached what Goldman Sachs termed its “pain threshold.” …
China starts to reverse its ‘uninvestible’ image: Chart of the Week
After China announced broad measures to rescue its economy, Chinese stocks surged, our Chart of the Week shows. It’s not the first time the country has attempted to get out of the recent doldrums, but…
China starts import of dried sea cucumber from Kenya
CHANGSHA, Sept. 28 (Xinhua) — A batch of Kenyan dried sea cucumbers, weighing 300 kg, were transported to Changsha Huanghua International Airport in central China’s Hunan Province, marking the first …
The shipbuilding empire fueling China’s naval rise is a juggernaut, but tough questions remain
China’s shipbuilding capacity and ambitions are major strengths, but it faces potential struggles as it seeks to build a modern navy.
China holds military drills in South China Sea after talks with U.S
By Joe Cash BEIJING (Reuters) -Chinese air and naval forces are conducting manoeuvres in a disputed area of the South China Sea, the military said on Saturday, hours after the country’s top diplomat …
Sinner rallies for win in Beijing as WADA appeals his steroid case
Top-ranked Jannik Sinner rallied to beat Roman Safiullin 3-6, 6-2, 6-3 in the second round of the China Open and learned afterward that his steroid case is far from over.
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