China’s southern tech hub of Shenzhen has pledged to invest 12 billion yuan (US$1.7 billion) in infrastructure for the low-altitude economy over the next two years, as the city aims to take a lead in…
Monthly Archives For November 2024
China will work with US on basis of mutual respect, foreign ministry says
China will continue to work with the United States on the basis of mutual respect, peaceful coexistence and win-win cooperation, a foreign ministry spokesperson said on Wednesday, after Donald Trump …
China’s Xpeng bets on extended-range hybrid tech to boost sales
Xpeng unveiled its extended-range hybrid technology on Wednesday, as the Chinese electric vehicle maker bets on a pivot to such products that are more cost-competitive than pure EVs to boost sales and …
China’s markets drop as Trump presidency looms
HONG KONG/SHANGHAI, Nov 6 (Reuters) – China’s yuan and stock markets fell sharply on Wednesday as the prospect of another Donald Trump presidency and Republican control of U.S. Congress risked …
China’s developers are borrowing more to sate thirst for capital after flood gates opened
Bond financing in the property sector rose for the second month in October, rising 3.2 per cent from last year to 29 billion yuan, according to the China Index Academy.
KITA participates in China’s largest import expo
The nation’s leading trade association is currently participating in China’s largest import exhibition to help Korean firms explore new export opportunities.
Number of private business entities in China surges over 4-fold in a decade: official data
The number of private business entities in China reached approximately 1.81 trillion by the end of September, accounting for 96.37 percent of the country’s total business entities and marking a more …
China’s state media focuses on US divisions as America awaits election results
In a string of election day news reports and commentaries, state media has attempted to portray the vote as a reflection of deep social divisions and political dysfunction in the United States, amid …
Brussels’ global infrastructure plan isn’t challenging Beijing — it’s relying on it
As Brussels gears up to challenge Beijing in the funding and construction of global infrastructure, it’s running up against an uncomfortable truth: Not only do its efforts sometimes overlap with its …
China’s navy warned its millennial and Gen Z sailors not to display their military credentials to attract attention on dating apps
“Young officers and soldiers eager for love may expose their military identity to gain attention,” the Chinese navy warned on Monday.
China’s Export Growth Likely Picked up Speed in Oct on Better Weather, Discounts: Reuters Poll
In contrast, Barclays expects China’s export growth to have slowed further last month, with the lowest forecast of just 2%. An official factory activity survey for October showed producers still felt …
China to import Russian tech and expertise to boost low-altitude defences: state media
Deal signed between Chinese firm and Russian aviation engineering institution comes as Beijing and Moscow step up military cooperation.
China’s issuance of US dollar bonds to bolster ties with Saudi Arabia
The planned issuance of US dollar bonds in Saudi Arabia by China’s Ministry of Finance is a “practical” move by Beijing to establish fundraising channels offshore and strengthen bilateral ties with a …
