In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition …
Monthly Archives For October 2024
China debuts first-of-its-kind hydrogen-powered high-speed train with remarkable capabilities: ‘A new green upgrade for passenger transport’
The train can cover 1,200 kilometers before needing a recharge. China debuts first-of-its-kind hydrogen-powered high-speed train with remarkable capabilities: ‘A new green upgrade for passenger …
U.S. Wiretap Systems Targeted in China-Linked Hack
AT&T and Verizon are among the broadband providers breached in the China-linked “Salt Typhoon” hack, potentially accessing information from systems the federal government uses for court-authorized …
‘Banking crisis that puts the 2008 Global Financial Crisis in its shade’ looms for China
China’s government has applied an economic defibrillator to restart the nation’s beating heart. But the looming spectre of its expansive “ghost cities” may mean it’s already too late.
From bustling hub to ghost town: heart of China’s e-commerce sector feels price war pain
As China’s economy struggles, a rat race in the e-commerce sector has taken a toll on merchants and manufacturers To the unsuspecting outsider, Beixiazhu looks like any unremarkable Chinese village.
Daily Voice: RBI rate call looms amid Israel-Iran tensions; IPO market set for Rs 60,000 cr in upcoming issues
RBI will aim to strike a balance between the risk of currency depreciation and the need to stimulate the growth, which seems to be slowing down, said Vaibhav Porwal.
China Buys Nearly All of Iran’s Oil Exports, but Has Options if Israel Attacks
Iran exports nearly half of its oil production and uses the rest for its own domestic needs. The sliver of Iran’s oil exports that China does not purchase is shipped mainly as economic assistance or…
The EU’s trade war with China will not be enough to save its bloated car industry
In the end, it was a close-run thing. On Friday afternoon, the European Union voted to impose punishing tariffs on Chinese-made electric vehicles, attempting to block them from the market, and buying time for European…
China’s National Day holiday subdued amid sluggish economy
Despite returning from a holiday in Japan in September, a 37-year-old white-collar worker in Beijing chose to join the crowd of travelers during China’s National Day holiday for a seven-day vacation …
China’s dairy production changes export opportunities
A dairy market analyst says the global marketing picture is changing faster than many people expected. Mary Ledman with RaboResearch tells Brownfield the increased dairy self-sufficiency of China is having a domino effect on world…
China ahead of India in technology and production rate of military equipment: IAF Chief
Chief of Air Staff Air Chief Marshal AP Singh on Friday said the IAF is aiming to have its entire inventory produced in India by 2047 under the indigenisation programme even as he asserted that…
China could wage economic war on Taiwan to force surrender, report says
U.S. military officials and analysts have for years warned of possible armed attacks or blockades by China on the self-governed island of Taiwan, but a new report raises a red flag about possible …
EU tariff vote on China EVs a ‘fatal signal’ for sector, German carmakers warn, urging compromise
Germany’s car industry on Friday urged Brussels and Beijing to avert tariffs on imports of China-made electric vehicles through a negotiated deal, after the European Commission received enough support …