Cumulative profits at major industrial firms climbed 3% in April, brushing off the impact from prohibitive U.S. tariffs and persistent deflationary pressures.
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China’s industrial profits rise 1.4% in January-April
BEIJING (Reuters) -Profits at China’s industrial firms expanded 1.4% in the first four months of 2025 from the same period last year, official data showed on Tuesday, following a 0.8% gain in the …
China’s industrial profits maintain growth momentum in April despite trade tensions
China’s industrial profits picked up pace in April, official data showed on Tuesday, signalling economic resilience in the face of trade tensions with the United States and lingering deflationary …
China Consumer Spending Is Poised To Quicken: Shaun Rein
I’ve been in China for 28 years. Last year was probably the most bearish I’ve ever been on the economy,” Rein said in a Zoom interview from Shanghai earlier this month. “Youth unemployment hit 18.8%.
McDonald’s to accelerate store expansion in China
China continues to play a central role in McDonald’s international strategy. Of the roughly 2,200 new stores the company plans to open globally in 2025, nearly 1,000 are expected to be in China, the …
New green hydrogen fuel to power Beijing buses
CHN Energy Guohua Energy Investment’s Hebei branch will supply Sinopec’s Beijing Petroleum with hydrogen sufficient to fuel approximately 88 hydrogen fuel cell buses daily. This is estimated to allow …
China’s industrial profits rise 3% in April after output beat estimates despite U.S. tariffs
Cumulative profits at major industrial firms climbed 3% in April, brushing off the impact from prohibitive U.S. tariffs and persistent deflationary pressures.
Developing nations face ‘tidal wave’ of China debt: report
[SYDNEY] The world’s poorest nations face a “tidal wave of debt” as repayments to China hit record highs in 2025, an Australian think tank warned Tuesday in a new report. China’s Belt and Road …
China, EU and ASEAN should ‘deepen’ trade ties
In the face of persistent trade tensions with the United States, China and other economies should deepen regional economic cooperation and defend the multilateral trade system, said a senior trade …
Smoking in Beijing drops sharply after 10 years of strict ban
BEIJING — Beijing has reduced its adult smoking rate to 19.2 percent among residents aged 15 and older, reflecting a 4.2 percent decline since the city implemented strict tobacco control measures a …
China accuses Taiwan of cyberattack on tech company
Chinese public security authorities in the city of Guangzhou have attributed a cyberattack on an unnamed technology company to the Taiwan government, a statement showed on Tuesday.
China’s AI robotics ‘progressing fast’, focus turns to robot ‘brain’ and VLA model: Goldman Sachs
Goldman Sachs Jacqueline Du sees a 5-10 year runway ahead for commercial applications of AI-based humanoid robots materializing as regulatory hurdles stand in the way of deployment to the masses.
China spawns an x86 supercomputing monster, with an AMD connection
China has spawned a supercomputing contender. This story starts in 2016 when AMD licensed its first-generation Zen CPU design and the x86-64 architecture it used to a Chinese outfit called Tianjin …
