Corona cases are increasing rapidly in the country. An increase in corona cases has been registered in states like Maharashtra, Tamil Nadu, Karnataka and Gujarat. 15 more new cases of corona have been …
Monthly Archives For May 2025
Who is Justin Sun, the Chinese billionaire at Trump’s crypto dinner?
Sun, known for his showy publicity stunts, has spent more than $20 million on the $TRUMP meme coin, making him one of the largest holders of the coins.
China says US private talks will go on, hints at progress on trade front
China and the United States are still talking. They held a call to go over “key issues,” both governments said the next day in nearly identical statements.
China’s top exporter, Shenzhen, takes US tariff blow on the chin in April, lagging nation
In the southern metropolis of Shenzhen, the value of exports from local enterprises slipped by 2.9 per cent in April, year on year, to 243.95 billion yuan (US$33.86 billion), according to municipal …
China says Trump Harvard ban will ‘tarnish’ US image as students caught in crosshairs
The Trump administration’s move to bar Harvard University from enrolling international students has ricocheted across China, with officials and commentators seeing it through one lens: the growing …
China lowers deposit rate ceilings to protect bank interest margins, sources say
China has lowered the ceilings on deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks’ profit margins and discourage savings …
BYD Dealerships Failing Show Financial Pain in China Car Sector
Car dealership groups in two provinces have gone out of business since last month in China, both of them BYD Co. retailers, evidence of the tough competition in the nation’s auto market and proof that…
G7 Finance Leaders Pledge Joint Action on China’s Trade Tactics
Facing economic headwinds and political division, the world’s top democracies unite to address global imbalances.
China’s Xiaomi unveils electric SUV, new chip in bid to rival Tesla, Apple
Chinese consumer electronics giant Xiaomi has launched a new electric SUV and debuted a self-designed smartphone chip, in a push to expand beyond its roots in budget devices.
China pledges support for overseas students after Trump’s Harvard curb
China will safeguard the legitimate rights and interests of its overseas students and scholars, the foreign ministry said on Friday, responding to the Trump administration’s decision to block Harvard University from enrolling foreign students.
China’s Xiaomi to invest almost $28 billion in core technology R&D over next five years
China’s Xiaomi plans to invest a further 200 billion yuan ($27.8 billion) in core technology research and development over the next five years, founder and CEO Lei Jun said on Thursday.
How the US-China chip conflict is evolving under Trump
America targets Huawei’s AI chips amid tech tensions with China. The US shifts its approach to limit China’s access to vital semiconductors. Trump’s strategy differs from Biden’s, focusing on …
China approves Qatar sovereign fund to buy a tenth of its top asset manager
China has given approval for Qatar’s sovereign wealth fund to acquire a stake of 10% in its second-largest mutual fund company, the first such investment in the sector by a major Middle East investor …