Henan province, a key wheat-producing area known as China’s granary, said it received 131.5 million yuan ($18.3 million) in funding from the central government on Monday to help support its …
Monthly Archives For August 2025
China did not ban crypto this week, so why does the internet say it did?
Posts and articles claiming the implementation of a new ban were viewed millions of times on Sunday, though they are seemingly based on lies.
Trump pressures China and India to stop buying cheap Russian oil
U.S. President Donald Trump is urging China and India to stop buying oil from Russia. He aims to pressure Russian President Vladimir Putin into agreeing to a ceasefire in Ukraine.
China’s Services Sector Activity Accelerates
A private gauge of China’s services sector showed activity expanded at the fastest pace in more than a year in July, as demand improved during the summer travel rush.
China denies new crypto ban amid market rumours
China has dismissed recent rumors of a renewed cryptocurrency ban, confirming that no new restrictions have been introduced.
Beijing evacuates more than 80,000 over heavy rains: state media
Chinese authorities evacuated over 82,000 people across Beijing at risk from heavy rainfall, state media said, after dozens of people died in flooding in the capital’s suburbs last week. State news agency Xinhua said tens…
Dasin Retail Trust’s China unit could face legal action if it fails to pay back offshore loans
SINGAPORE] Dasin Retail Trust announced on Monday (Aug 4) that its China subsidiary Zhongshan Yuanxin Commercial Property Management could face a legal action over its breach of an inter-creditor deed …
Robot soccer teams prepare for the World Humanoid Robot Games in Beijing
Robot teams from China and other countries preparing for the inaugural World Humanoid Robot Games which are scheduled to take place between August 14 and 17 in Beijing.
Nvidia claims H20 chips do ‘not have backdoors’ after reportedly being summoned by ‘Beijing authorities’ for a quick word
As reported by Bloomberg, Nvidia was summoned by “Beijing authorities” over suspected security risks with its H20 chips. Nvidia is said to have been asked to explain potential risks by the Cyberspace Administration of China,…
China’s services activity growth hits 14-month high in July, S&P PMI shows
China’s services activity expanded at its fastest pace in 14 months in July, fuelled by stronger demand, including a rise in new export orders, a private-sector survey showed on Tuesday.
DFI to cut Wellcome’s prices to compete with Shenzhen for Hongkongers’ grocery trolleys
DFI Retail Group’s Scott Price says its HK$5 pack of leafy greens has become so popular that vegetable sales have soared by 40 per cent.
Love Your Pet? Edison Deng Has Some Smart-Tech Ideas For You
Helping pet owners with smart-tech items also makes good business sense, Deng recently told Forbes China. “It’s an attractive consumer tech niche characterized by high price points, steep R&D barriers …
China closes gap in AI model development
White House AI czar David Sacks warns that the U.S. may be only three to six months ahead of China in AI development as DeepSeek gains 20 million daily users and tops app store downloads.
