Only two of China’s 12 financial centers scored higher in the index. But four Chinese financial hubs climbed up the rankings. In addition to Shenzhen and Hong Kong, Chengdu advanced four places and …
Monthly Archives For September 2024
What’s Behind China’s Launch of an Intercontinental Ballistic Missile
China rarely tests ICBMs out in international waters, with some experts tracing the last such deployment back to May 1980, when Beijing launched a DF-5 missile into the South Pacific.
US Missile System Will Remain in the Philippines Despite China’s Alarm
Two Philippine officials say that American and Filipino security officials have agreed to keep a U.S. mid-range missile system in the northern Philippines indefinitely to boost deterrence despite …
China: Chinese firms make strides in hydrogen-related technology
As they continue accelerating their transition to a green energy future, China is making strides in hydrogen related technology for the production, storage and transportation of the clean energy source.
Would you like an AI gym buddy?
At the ongoing 2024 PT Expo China (PTEXPO), an ICT ecosystem’s leading event, Chinese communications giant China Mobile launched a new AI smart fitness assistant- Daily Ba Duan Jin (a traditional …
China’s cabinet issues guidelines to promote employment
China’s cabinet on Wednesday issued guidelines on promoting high-quality and sufficient employment, pledging to prioritise employment during socio-economic development and improve the reasonable growth of labour reward,
Uber is bringing robotaxis from China’s WeRide onto its platform — but not in the US
Uber announced a partnership with Chinese self-driving firm WeRide on Wednesday, which will allow users to access WeRide’s autonomous vehicles.
What China’s biggest stimulus since the pandemic means for US investors: Morning Brief
China just unveiled a stimulus package to pull itself out of its economic doldrums. But there could be consequences that ripple across the globe.
China is raising its shockingly low retirement age for the first time since the 1950s — and residents are angry about it. Are American workers next?
Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have you paying as little as $29/month; Commercial real estate has beaten th
China Announces Cash Handouts for the Poor in Rare Use of Aid
China said it will give one-off cash handouts to people in extreme poverty before Tuesday, in a rare announcement of direct aid just a day after unveiling a sweeping program to stimulate the world’s second-largest…
China to US: stop ‘unreasonable suppression’ of our firms
China urged the United States on Wednesday to stop “unreasonable suppression” of its companies, in response to U.S. proposals to ban Chinese software and hardware in vehicles on its roads due to national security concerns.
Is China’s new stimulus a strategic pivot in policy or a tactical move? Analysts weigh in
Some analysts see ‘panicking’ among China’s policymakers, others point to a rising sense of urgency in fighting deflation.
China stimulus plans spark a commodities rally, but a soft landing still isn’t a sure bet
Commodity prices climbed on Tuesday, with oil, silver, and copper among the standouts, buoyed by China’s stimulus measures, but traders should be wary about the outlook for the sector until they see …
