President Xi Jinping is doubling down on China’s manufacturing capacity to enhance its global power, at the expense of needed reforms. The post Xi’s Bet on Manufacturing Capacity Can Still Pay Off for …
FINANCE
Beijing’s envoy calls on South Korea to protect its workers after fire kills 17 Chinese
China’s ambassador to South Korea has asked for a thorough investigation and urged businesses to “safeguard the lives and health” of Chinese citizens after a factory fire on Monday killed 17 Chinese …
Russia Dealt Payments Blow by Top China Bank
One of China’s top lenders has dealt Russia’s economy a significant blow by suspending transactions with Russian banks sanctioned by the U.S. over the invasion of Ukraine, according to Russian media.
China’s ‘combat’ tax operations rattle firms already under pressure amid economic slowdown
Reports in China on the opening of a series of joint task forces between police and tax authorities have rattled already weak business confidence amid concerns over the economic outlook.
China’s public sector accelerates AI adoption in 2024 as Zhipu and iFlyTek emerge as winners
Large Chinese firms have accelerated their pace of adopting artificial intelligence (AI) this year, with the number of related contracts surging in the first half, government data show. The number of …
China’s yuan eases to 7-month low on PBOC’s weak guidance
China’s yuan eases to a seven-month low against the dollar, set for a sixth straight monthly decline in June. The central bank guides official fixing weaker amid capital outflows and speculation of …
China Hi-Tech Fair Gearing up for Its 26th Edition on November 14 in Shenzhen
The 26th China Hi-Tech Fair will kick off on Nov. 14-16, 2024 in Shenzhen under the theme “Technology Leads Development, Industry Integrates Fusion”.
China May Be the Ukraine War’s Big Winner
Putin’s invasion of Ukraine has given Xi Jinping a way to stir trouble for the West and make Moscow dependent on Beijing.
China’s faltering tech giants pushing workers to the limit
“I only care about results.“ After Qu’s short videos went viral in China, Baidu let her go and said her views did not represent the company’s culture. But tech workers who spoke with the Financial…
China contemplates ‘countermeasures’ after US takes steps to curb outbound tech, AI investment
China’s Ministry of Commerce had harsh words for the United States on Monday after the latter country announced it would proceed with curbs against hi-tech investments destined for the East Asian …
China contemplates ‘countermeasures’ after US takes steps to curb outbound tech, AI investment
China’s Ministry of Commerce had harsh words for the United States on Monday after the latter country announced it would proceed with curbs against hi-tech investments destined for the East Asian …
China ‘taking advantage’: Freeland announces hurried EV tariff consult over summer
Finance Minister Chrystia Freeland said goal is to ‘protect … The government will also seek perspectives on China’s labour and environmental standards. China has emerged as the largest manufacturer …
China’s national pension insurer introduces foreign investor as financial opening-up picks up speed
Analysts said that foreign financial institutions and patient capital continue to hike investment in China’s pension finance market, indicating their confidence in the country’s long-term economic …
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