BEIJING, March 21 (Xinhua) — The People’s Bank of China (PBOC) said Friday it would maintain ample liquidity in the financial system while guiding financial institutions to increase credit supply, …
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Eyeing China threat, Trump announces Boeing wins contract for secretive future fighter jet
WASHINGTON (AP) — President Donald Trump announced Friday that Boeing will build the Air Force’s future fighter jet, which the Pentagon says will have stealth and penetration capabilities that far exceed those of its current…
Meituan joins China’s AI spending race, says investing ‘billions’ in chips
Wang Xing, CEO of China’s largest food delivery firm Meituan , said on Friday in a post-earnings call that the company is pouring “billions” into chips used to train AI models, with more investment planned…
China’s central bank says it will boost forex market resilience
China’s central bank will cut banks’ reserve requirement ratio and interest rates at the “appropriate time” and strengthen the resilience of its forex market, it said on Friday during a quarterly …
Deepspace mobile game takes over China, lifelike 3D characters create a web of love
Love and Deepspace combines AI, voice recognition, and action gameplay to create immersive virtual relationships.
Musk To Visit Pentagon, Denies China War Plan Briefing Rumors: Live Updates
Musk to visit Pentagon Friday; officials deny reports he’ll be briefed on China war plans, calling claims “false” and “malicious.” Follow Newsweek’s live blog.
China’s Bank of Communications 2024 profit flat, warns of margin pressure
China’s Bank of Communications Co Ltd (BoCom) , reported a 0.9% rise in 2024 net profit, while warning of margin pressure and bad debt.
Vietnam Cops Probe Chinese Tea Brand Over South China Sea Map
Vietnamese police are investigating a Chinese tea brand over an online map featuring Beijing’s disputed claims in the South China Sea, authorities said.
Biotech designed to commercialize Ascendis’ endocrinology drugs in China files $86M IPO
Endocrine-disease-focused Visen Pharmaceuticals is making its public market debut in Hong Kong, filing papers for an $86.5 million IPO. | Endocrine-disease-focused Visen Pharmaceuticals is making its …
AstraZeneca to invest $2.5 billion in Beijing hub as it seeks to move on from China probes
British pharmaceutical giant AstraZeneca announced on Friday that it will invest $2.5 billion in a research and development center in the Chinese capital.
AstraZeneca investing $2.5 billion in China as drugmaker seeks to recover from scandals
AstraZeneca said on Friday it will spend $2.5 billion on a research and development hub in Beijing, as the drugmaker scrambles to revive business in its second-biggest market after scandals including the arrest of its…
China to strengthen oversight of fees charged to businesses, cabinet meeting says
China will strengthen oversight of the fees government agencies charge to businesses, state broadcaster CCTV reported on Friday, citing a cabinet meeting.
China asks lenders to raise credit limit for consumer loans, report says
China has asked banks to raise credit limits for consumer loans, financial media outlet 21jingji reported on Friday, as part of its efforts to boost consumption to revive a slowing economy.
