China has imposed sanctions on two Lithuanian banks, in retaliation for recent EU curbs on two Chinese lenders as relations sour over Russia’s invasion of Ukraine.
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China’s Tencent revenue grows 15% in Q2 on strong gaming performance
Tencent reported second-quarter revenue growth of 15% on Wednesday, driven by robust gaming performance and AI-powered business expansion.
China says it ‘drove away’ U.S. warship near the disputed Scarborough Shoal
This comes after a Chinese warship crashed into one of its own country’s coast guard vessels as it chased a patrol boat belonging to the Philippines …
Unwed mother denied childcare subsidies sparks debate in China
BEIJING: A post by a Shenzhen resident claiming she was denied new childcare subsidies because she is unmarried has sparked a wave of debate across social media in China, drawing thousands of comments …
China’s solar power capacity growth to slow in H2 after pricing reforms
China’s new solar power capacity will slow in the second half of 2025 as reforms removing guaranteed pricing create uncertainty for new projects, though full-year additions will still likely reach a …
China subsidises consumer loans as deflation spectre looms
Under the plan, led by the finance ministry, China’s government will subsidise interest rates on some consumer loans for purchases worth up to Rmb50,000 ($7,000). Individuals will receive a 1 …
China’s Lead in Open-Source AI Jolts Washington and Silicon Valley
Chinese advances in AI have come one after another this year, starting with the widely heralded DeepSeek and its R1 reasoning model in January. This was followed by Alibaba’s Qwen and a flurry of …
Trump’s administration halted the sale of advanced computer chips to China back in April over national security concerns.
NEW YORK (AP) — Nvidia and AMD have agreed to share 15% of their revenues from chip sales to China with the U.S. government, as part of a deal to secure export licenses for the…
India and China may resume direct flights next month: Report
Passenger flights between India and China were suspended after the Covid-19 pandemic. Flyers were forced to go through hubs like through Hong Kong or Singapore.
China says it ‘drove away’ U.S. destroyer near the disputed Scarborough Shoal
This comes after a Chinese warship crashed into one of its own country’s coast guard vessels as it chased a patrol boat belonging to the Philippines …
Beijing urged to curb ‘free milk tea’-style cash burn in e-commerce battle
Instant retail has potential to boost domestic demand, but more government policy support needed to end excessive competition, central bank adviser says.
China pledges more financial support for consumption with loan interest subsidy
China plans to boost domestic consumption by offering interest subsidies on loans to households and businesses, aiming to reduce borrowing costs and spur spending, Vice Finance Minister Liao Min said …
China unveils new stimulus plan to subsidize consumption-tailored loans
In China’s latest effort to boost domestic consumption, three government departments announced a plan to provide subsidies on qualified personal consumer loans with a maximum of 3,000 yuan ($417.5) …
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