China’s gross domestic product is expected to expand around 5% for the full year of 2024, President Xi Jinping said, signaling the world’s second-largest economy is on track to meet its official …
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China Maintains Crypto Ban, Hong Kong Offers New Opportunities for Crypto Firms
China’s central bank emphasizes strict cryptocurrency regulations while Hong Kong adopts a more favorable approach with new licensing.
China Tightens Cryptocurrency Oversight with New Forex Rules
According to Liu Zhengyao, a lawyer at ZhiHeng law firm in Shanghai, the new regulations will serve as an additional legal foundation for penalizing cryptocurrency-related transactions. In a WeChat …
On This Day: China reports first cases of COVID-19 to WHO
In 2019, the Wuhan Municipal Health Commission in China first reported a cluster of cases of pneumonia. Epidemiologists later identified the cause of the diseases as a novel coronavirus. The COVID-19 pandemic killed more than…
China unveils prototype for what could be the world’s fastest high-speed train
China has revealed a prototype of its next generation high-speed train, a vehicle it says is on track to be the world’s fastest.
The Obstacles to China’s AI Power
There is evidence, however, that China still faces significant obstacles that may slow its implementation of military AI. These challenges include the PLA’s lack of militarily relevant training data, …
China factory activity grows more slowly, services recover
China’s manufacturing activity barely grew in December though services and construction recovered, an official survey showed on Tuesday, suggesting policy stimulus is trickling into some sectors as …
Tencent-backed online healthcare platform WeDoctor revives plan for Hong Kong IPO
Tencent Holdings-backed WeDoctor has revived its Hong Kong initial public offering (IPO) plan, confirming an earlier report in the Post. The Hangzhou-based online healthcare platform submitted its IPO …
A better year expected for IPO bankers as Hong Kong claws its way back into top 10 markets
After a satisfying year for investment bankers in Hong Kong, who helped lift the city back into the top 10 ranking in initial public offerings (IPOs) worldwide, the new year could be merrier as Hong…
WHO urges China to share Covid origins data, five years on from pandemic’s emergence
The World Health Organization has urged China to share data to help understand the origins of Covid-19, five years on from the start of the pandemic in the Chinese city of Wuhan.
Beijing unveils plans to boost driverless vehicle use in capital
China’s capital Beijing passed new regulations on Tuesday to encourage autonomous driving technology in the city, with authorities planning to eventually allow driverless public buses and taxis.
Beijing Pushes to Use China-Made Chips in Its EVs
China wants the chips inside EVs to be Chinese-made, while the U.S. is objecting to the country’s push for self-sufficiency in the $80 billion business.
U.S. reveals China-backed hackers breached U.S. Treasury in ‘major incident’
The Biden administration revealed Monday that China-backed hackers infiltrated the U.S. Treasury Department earlier this month in what officials are calling a “major cybersecurity incident.” …
