Under the so-called “new financing policy tool,” the nation’s three policy banks will raise funds and buy stakes in projects, one of the people said.
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China Preps $70 Billion in New Capital to Supercharge Investment
China plans to allocate 500 billion yuan ($70 billion) of capital that could be leveraged up to fast track new infrastructure projects as authorities seek to cushion the economy from US tariffs, …
Unitree Robotics changes to joint stock limited company, fanning IPO speculation
China’s top humanoid robot start-up Unitree Robotics has converted into a company limited by shares, a move that has fanned speculation around its public listing plans, as Chinese robotics firms …
Fast-growing Chinese tea company Chagee issues its first earnings report since IPO
Chagee Holdings Limited (NASDAQ:CHA) released its first earnings report as a publicly traded company on Friday. Revenue increased by 35.4% year-over-year to RMB3,392.7 million ($467.5 million). Total …
In US-China Trade War, Latin America Takes Sides With Beijing
In the tit-for-tat trade war between the US and China, Latin America is siding with Beijing.Calls for closer economic ties with China are growing louder in the region, particularly in Mexico, the US’s …
DJI to build global smart aviation headquarters in Shenzhen after acquiring plot for $315 million
Chinese drone maker DJI has acquired a plot of land in Shenzhen for RMB 2.287 billion ($315 million), where it plans to establish its global headquarters …
AI race: Is China moving away from Nvidia after Trump’s chip clampdown?
Nvidia’s Jensen Huang has on more than one occasion called for lowering the export curbs before American companies lose market share to homegrown rivals such as Huawei.
China signals softer stance on rare earth export curbs
China said it would cooperate further with other countries over its rare earth export controls as shortages put auto and semiconductor makers in Europe and India at risk of closure.
Synopsys suspends sales in China to comply with US export curbs – report
Synopsys (NASDAQ:SNPS) has directed its employees in China to suspend services and sales in the country and stop taking new orders to adhere to new U.S. export curbs, Reuters reported citing an …
La Liga, SFBT launch LALIGA Club in China
La Liga has formalised an agreement with SFBT (Spanish Football Blockchain Technology) to the innovative technological project LALIGA Club in China for the new …
Shenzhen int cultural industries fair opens
At the recent 21st China Shenzhen International Cultural Industries Fair in Shenzhen, Guangdong province, the database of Chinese inscriptions on precipices and the digital gene bank of Mawangdui …
China Reacts to Trump Taiwan Arms Report: ‘Red Line’
China warned the U.S. of its “first red line that cannot be crossed” after a report that President Donald Trump intends to increase arms sales to Taiwan.
How Trump’s Crackdown on International Students Could Escalate Trade Tensions With China
Beijing said the decision to “aggressively” revoke Chinese student visas would “damage the image and reputation of the U.S.” …
