South Korea’s exports grew at a faster pace in December, beating market expectations, and ended the year with a record performance, trade data showed on Wednesday, though risks loom in the year ahead.
BUSINESS
(2nd LD) S. Korea’s exports rise 8.2 pct in 2024 to new annual record
South Korea’s exports advanced 8.2 percent on-year in 2024 to set a new annual record on robust shipments of semiconductors, data showed Wednesday. Outbound shipments came to US$683.8 billion last …
Trump Could Cut China’s Supply Of Cheap Iranian Oil
Iranian oil exports have rebounded under Biden’s administration but face potential declines with Trump’s return …
China-Laos railway serves as vital link
The lecture team members from Ning’er county narrate the story of the ethnic unity on the train of the China-Laos Railway. MING PEIYING/FOR CHINA DAILY . In early winter, as beans …
China, US should expand list and make bigger pie of cooperation
Both China and the US are great nations, and cooperation between them is a noble endeavor. The US should work with China in the same direction to find a right way for the two countries…
China’s Xi cites global ‘uncertainties’ in speech ahead of Trump inauguration
Chinese President Xi Jinping painted a picture of a strong Chinese economy in his New Year’s speech, while also alluding to external “uncertainties” as President-elect Trump …
China is catching up with America in quantum technology
Quantum computers can conduct calculations in minutes that would take the world’s whizziest supercomputers billions of years or longer. Communications using quantum bits, or qubits, are ultra-secure.
Why Nvidia’s (NVDA) China Revenue Is Guaranteed Despite Restrictions
Since 2022, the United States has placed export restrictions on many advanced semiconductor chips, including Nvidia’s Blackwell predecessor, the Hopper GPUs. Nvidia has circumvented this ban by …
China Implements Stricter Forex Controls Targeting Cryptocurrency Transactions
China’s State Administration of Foreign Exchange recently unveiled stringent regulations aimed at bolstering the scrutiny of financial transactions that include cryptocurrency dealings. These measures …
China’s Dec residential property sales stay flat in sign of stabilisation
The value of new-home sales from the 100 biggest real estate companies for the month remained unchanged from a year earlier at 451.4 billion yuan …
Alibaba slashes prices on large language models by up to 85% as China AI rivalry heats up
Alibaba is offering the price cuts on its visual language model, Qwen-VL, which is designed to perceive and understand both texts and images.
China’s Xi pledges more proactive economic policies in 2025
China’s 2024 gross domestic product (GDP) is expected to exceed 130 trillion yuan ($17.8 trillion), President Xi Jinping said on Tuesday in his New Year’s address, adding that the country would …
Xi says no one can stop China’s ‘reunification’ with Taiwan
No one can stop China’s “reunification” with Taiwan, Chinese President Xi Jinping said in his New Year’s speech on Tuesday, laying down a clear warning to what Beijing regards as pro-independence …
ADVERTISEMENT
