Beijing wants regions to shape AI to local needs, avoiding the fierce competition plaguing some sectors and weighing on the economy.
Monthly Archives For August 2025
China parade inspires military-themed haircuts for children
The parade on Sep. 3 will unveil cutting-edge equipment like fighter jets, missile defense systems, and hypersonic weapons, marking the 80th anniversary of the end of World War II.
China ups soybean imports from Argentina, Uruguay as US trade war deepens
China is reshaping global soybean trade flows by turning to Argentina and Uruguay for record shipments, as the trade conflict with the US continues to disrupt agricultural commerce. Chinese importers …
Foreign fast-food brands eye quick expansion
Meanwhile, Restaurant Brands International, the parent company of quick-service chain Burger King, is also making strides in China. CEO Joshua Kobza highlighted the progress at Burger King China in …
EXCLUSIVE: Zhang Ruonan Is Givenchy’s New Brand Ambassador in China
The Chinese actress warmed hearts with roles in the movie “Cry Me a Sad River” and the series “The First Frost.” …
Forever 21 looks to resurrect China, North America business with new partners
Fast fashion brand Forever 21 is making its fourth run at the Chinese market, having previously entered and exited the world’s second-largest economy three times since 2008.
Chinese banks face profit squeeze as loan growth falters
Top Chinese banks’ first-half results on Friday will underline the impact of slowing loan growth in a deflationary economy, a piling up of bad loans as defaults by small businesses and consumers rise, …
Chinese bank lending likely plunged in July as seasonal factors outweigh policy support
New bank loan issuance in China likely plunged in July from June, a Reuters poll showed on Thursday, weighed down by weak credit demand and seasonal factors even as the central bank keeps monetary …
China’s ‘big five’ banks pressured by consumer woes
Deflationary pressures have been weighing on China’s economy, with real wages at non-state-owned companies rising just 1.7 per cent in 2024, according to the latest official data available. A real …
China Is Trying to Expand Its Social Safety Net. Yet Many Chinese Are Worried.
A move to force employers to pay into benefits for their employees has left people worrying that small businesses will close and jobs will be lost.
North Korea’s Kim Jong Un to join Putin at China military parade
North Korea’s leader Kim Jong Un will attend a military parade in Beijing next week alongside Russia’s Vladimir Putin, China has said, in what will be a landmark visit. This is Ki …
Russia eyes China trade revival as Putin prepares for Xi summit, sources say
Russia-China trade, which soared to record levels as the war in Ukraine left Moscow isolated, is now falling, a trend President Vladimir Putin is seeking to reverse as he prepares for a summit with …
Exclusive-Taiwan Estimates China Spent 40% More on Pacific Drills Last Year to Hit $21 Billion
China spent $21 billion on military exercises in the Taiwan Strait, the East and South China Sea and the Western Pacific last year, nearly 40% higher than 2023, according to Taiwan government …
