China’s President Xi Jinping said China and Russia have always moved forward “hand in hand” along the right path of non-alliance, non-confrontation, and not targeting any third party, the official …
Monthly Archives For December 2024
China’s financial corruption crackdown reeled in dozens of naughty bankers in 2024
With hopes of becoming a ‘financial superpower’, China has been ramping up efforts to curb risks and keep malfeasance in check China’s financial sector has undergone profound changes, marked by …
China’s factory activity growth misses expectations as experts decry insufficient stimulus measures
China’s factory activity expanded for a third straight month in December, although missing Reuters’ expectations.
China’s new forex rules require banks to tighten scrutiny on cryptocurrency trades
The State Administration of Foreign Exchange wants banks to monitor and report risky trades, including those involving cryptocurrencies.
China Dec manufacturing activity expands for third month
BEIJING, Dec 31 (Reuters) – China’s manufacturing activity expanded for a third straight month in December but at a slower pace, an official factory survey showed on Tuesday, suggesting a blitz of fresh stimulus is…
China rolls out world’s first military-proof 5G that can connect 10,000 army robots
A mobile communications system that can move through complex terrains has been developed by Chinese scientists China has unveiled the world’s first mobile 5G base station, which, after passing …
Policies expected to focus on bolstering demand, stability of yuan
On Friday, the central bank, in a financial stability report, vowed to “enhance the resilience of the foreign exchange market, stabilize market expectations and keep the yuan exchange rate basically …
Chinese toy maker Bloks Group files for up to $188 million Hong Kong IPO
Bloks Group is looking to raise as much as HK$1.46 billion ($188.01 million) in a Hong Kong initial public offering, as the Chinese toy maker aims to ramp up product development and output while …
China’s Dominance In EVs Is A Warning For U.S. Automakers
A seismic shift is taking place inside the electric vehicle (EV) market. The market shift is coming from China – and auto makers are taking notice.
Donald Trump Advisor Elon Musk May Pose ‘National Security Risks’ Due to Business Ties With China, Retired General Claims
Elon Musk has swiftly risen through the ranks from campaign supporter to advisor to President-elect Donald Trump as the 78-year-old prepares to return to the White House, but according to retired Lt.
China And Musk Could Both Contribute To Tesla’s (TSLA) Commercial Deployment of Robotaxis
As the political temperature cools down in the aftermath of Donald Trump’s victory, analysts are now starting to evaluate the possible implications. Everyone saw Elon Musk’s involvement in the …
Takeda-backed Ascentage Pharma files for $100M IPO
Takeda-backed Ascentage Pharma Group (AAPG) has filed to raise up to $100M through a U.S. initial public offering. The Chinese drug developer didn’t specify terms in its SEC filing, but indicated in a …
WHO still waiting for Covid-19 data from China five years on
Five years after the first cases of a new lung disease were reported in the Chinese city of Wuhan, the World Health Organization (WHO) is still waiting for full cooperation from Beijing to clarify the…
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