China’s development of the H-20 stealth bomber marks a significant leap in its military capabilities, particularly in nuclear deterrence. -The H-20, expected to have a range of up to 8,077 miles and a payload of…
Monthly Archives For November 2024
China’s eastern Zhejiang province rolls out platform to grow cross-border e-commerce
Eastern China’s Zhejiang province, which accounts for about a fifth of the country’s annual online exports and imports, has launched a cross-border initiative that streamlines government processes and …
Apple misses on China revenue
Apple came up short on Greater China revenue, which may be weighing on its stock. The company saw its China business largely stabilize, coming in at $15.03 billion versus $15.08 billion a year before.
China Economy Picks Up on Stimulus Push Ahead of US Election
China’s economy showed signs of stabilizing after Beijing unleashed the boldest stimulus measures since the pandemic, although an upcoming US election injects uncertainty into the recovery.
China Could Regret Not Buying More Trump Insurance
Beijing thinks it can handle a return of the former US president without easing tensions with Europe and Japan. That’s a mistake.
Marc Andreessen says the US needs a $20,000 EV if it doesn’t want to ‘lose the auto industry’ to China
Marc Andreessen and Ben Horowitz said Chinese electric vehicles from companies like Xiaomi are beating US offerings on both price and quality.
Survey shows 90% of foreign firms feel satisfied or better about China’s business environment
A recent survey of foreign businesses showed that the vast majority of those surveyed found China’s business environment satisfactory or better, with most of them holding favorable views toward …
China Sanctions US Drone Maker Skydio Over Taiwan Deal
Skydio is currently supplying products to Ukraine’s military but was sanctioned because it was recently approved to sell drones to Taiwan’s fire agency.
China’s Rising Display Industry Could Hurt US National Security, Report Warns
China’s rise in the display industry comes as a result of the Chinese government subsidizing 50% to 70% of investment costs through “investments, cash benefits, and discounts on loans, land, and infrastructure,” according to the…
China’s central bank conducts 500 bln yuan of outright reverse repos in October
China’s central bank said on Thursday it conducted 500 billion yuan ($70.24 billion) of outright reverse repurchase agreements in October.
China’s central bank holds steady with 200 billion yuan net bond purchase
Consistency of bond purchase, kept at the same level as previous month, seen as key gauge of China’s monetary and fiscal policy coordination.
Businesses Ready Price Hikes on Imports to Offset Trump Tariff Costs
Many manufacturers and retailer relying on imports are already planning to pass on the added expenses from proposed protectionist duties to customers.
BIS to leave China-backed central bank digital currency project
The Bank for International Settlements said on Thursday it would quit the cross-border payments platform Project mBridge, raising questions about how the scheme backed by China will evolve at a time …
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