CHINA’S FIRST attempt at building a humanoid robot did not hit the mark. The machine produced in 2000 by a team at the National University of Defence Technology looked like a walking toaster. It had…
BUSINESS
China Vows to Clarify Web3, NFT Development Path
Moving forward, China’s Web3 strategy would encourage the development of new business models such as NFT and accelerate the innovative application of Web3, the Ministry of Science and Technology said.
‘Under-represented’ Saudi Arabia is the new China for investors hunting growth
Saudi Arabia now feels like China in the noughties Fergus Argyle … The market is still geared toward locals and many of this year’s IPOs, including MBC Group’s US$222 million listing and ADES …
China’s Ministry of Industry Aims to Foster NFT and Dapp Growth Despite Crypto Ban
China’s Ministry of Industry and Information Technology has outlined its current and future work on developing Web3 and related technologies, including metaverse, NFTs, and dapps.
Massive Brazilian soybean exports too heavily leaning on China?
Brazil’s 2023 soybean exports have surpassed 100 million metric tons, up at least 16% from 2021’s full-year record, though the world’s leading soybean exporter remains heavily dependent on China.
China pledges to boost NFT, decentralized application development despite crypto trading ban
China’s industrial ministry said it plans to formulate strategy documents to boost NFT and decentralized app development.
China oil output growth to slow in 2024 as supply harder to extract
China’s surging oil production growth in recent years, the result of a concerted investment push, is expected to ease in 2024 as falling output from mature fields requires state oil companies to tap …
China’s fuel oil imports, bunker exports fall in November
SINGAPORE: China’s fuel oil imports fell in November after rebounding in October, while exports for bunkering also fell, customs data showed on Wednesday. Imports totalled 1.21 million tons in …
China’s coal imports from Indonesia, Australia rise in November
China’s coal imports last month from top supplier Indonesia rose 16% from October while those from Australia were up nearly 30% as utilities restocked for winter power generation.
China’s imports of Russian crude oil increase in November
Russia remained China’s top oil supplier in November despite elevated prices for Russian crude, data showed on Wednesday, as Saudi supply cuts continue. China’s imports from Russia, including supplies …
China Share Sale Malaise Seen Persisting Amid Economic Slump
The slowdown in China’s equity offerings may not be over just yet as the country’s economy remains in the doldrums and regulations for new listings become stricter.
China’s Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters
China’s Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo.
China’s November unwrought aluminum alloy import and export data
Customs data shows China’s unwrought aluminum alloy imports in November 2023 at 111,800 mt, up 5.6% YoY and 2.6% MoM.
