You will lose a profit growth engine if you do not make petrol cars,” Geely Automotive Holdings’ CEO said in a recent interview.
Posts By admin
Beijing, Central Bank Outlooks Churn Asian Stock Markets
Asian stock markets were mixed on Wednesday, as traders weighed pending central bank decisions and new incentives from Beijing for listed, state-owned enterprises. Hong Kong and Shanghai gained ground …
China’s bull run on bonds triggers fresh warning from central bank amid record-low yields
Institutions are being warned as bearish investor sentiment, and an expectation of lower interest rates, continue to make the bond market a sought-after haven.
The U.S. has overtaken China as world’s IPO capital — even though India had more deals
U.S. stock exchange raised more investment through initial public offerings (IPOs) in 2024 than markets anywhere else in the world, even as India took the top spot as the country with the most public …
China tests supersonic engine to fly passengers from Beijing to New York in 2 hours
A Chinese aerospace firm tested a detonation ramjet engine for the first time, aiming to power aircraft capable of flying passengers from Beijing to New York in just two hours. The Jindouyun, or …
China Responds to EU Sanctions Over Ukraine War Support to Russia
The EU included Chinese firms in its latest round of sanctions, citing exports of dual-use goods, including components used to produce Russian drones.
China’s Quest for Supremacy Moves into Space
A new observatory rising in Chile adds to China’s extensive Latin American space network that is boosting its goal of civilian and military control in the skies …
China Pushes Back Against Bond Frenzy, Sends Yields Climbing
China’s central bank sent its first signal in months of its discomfort with the record-setting sovereign bond rally, triggering a slide in the market.
Discover Shanghai, Shenzhen and more Chinese cities by cruise
Discover an ancient culture, technological wonder and the stellar shopping behind the words ‘made in China’, writes Russell Higham …
China youth jobless rate falls for third straight month
Joblessness among the youth in Chinese cities eased for a third straight month in November after reaching its highest this year in August, official data showed on Wednesday.
China unveils global top 10 engineering achievements 2024
BEIJING — The Global Top 10 Engineering Achievements 2024 were announced Wednesday in Beijing by the Chinese Academy of Engineering’s journal, Engineering.
Trump’s Decision To Improve US-China Relations: A Positive For Crypto Industry, A Boon For Rollblock
US president-elect Trump is making waves again, this time with a bold move to improve US-China relations. But what does that mean for you? Well, if you’re into …
China November youth jobless rate at 16.1%, statistics bureau says
The jobless rate for 16-to-24-year-olds in China, excluding college students, fell to 16.1% in November from 17.1% in October, data from the National Bureau of Statistics showed on Wednesday.
