China and America are also waging a bitter battle of ideas. China defends authoritarianism, whereas America, at least until now, has championed democracy and the rule of law. This battle, which includes what those two…
NEWS
China’s property loan contraction eases after government support
China’s outstanding property loans were down 0.2% at the end of the fourth quarter, less than the prior year’s 1% decline, central bank data showed on Friday, indicating government efforts to bolster …
Shipments of foreign-branded phones in China up 0.6% y/y in December, says CAICT
Shipments of foreign-branded smartphones, including Apple Inc’s iPhone, in China rose 0.6% in December year-on-year, according to data released on Friday by a government-affiliated research firm.
Philippines voices concern over China-Australia air encounter in South China Sea
The Philippine foreign ministry said on Friday it was “concerned” over what it described as “unsafe manoeuvres” and the use of flares by a Chinese air force plane against an Australian Air Force …
China’s electric vehicle giants are betting big on humanoid robots
Technical know-how and existing supply chains give Chinese electric-vehicle makers a significant head start in the sector.
China January new bank loans surge to 5.13 trillion yuan, beat expectations
Chinese banks extended 5.13 trillion yuan ($706.40 billion) in new yuan loans in January, up sharply from December, outpacing analysts’ forecasts and hitting an all-time high, as the central bank …
China rights monitors suspend work, lay off staff after U.S. aid freeze
Dozens of non-government groups monitoring dissent, human and labour rights in China have laid off staff after being forced to suspend work following a freeze on foreign aid by U.S. President Donald …
China’s agriculture ministry issues guidelines to promote biotech cultivation
China’s agriculture ministry issued guidelines on Friday to promote biotech cultivation from 2024 to 2028, a ministry statement showed.
Shenzhen-Hong Kong Marathon: officials reveal details of test event for National Games
Shenzhen Bay Port to be closed on morning of test race as Hong Kong prepares to co-host November’s Games alongside Guangdong and Macau.
China’s Baidu to make latest Ernie AI model open-source as competition heats up
BEIJING (Reuters) -Chinese search engine giant Baidu said on Friday it would make its next-generation artificial intelligence model Ernie open-source from June 30, a major shift in strategy as …
China’s defence ministry accuses Australia of South China Sea provocation
China accused Australia of deliberately “provoking” China in the South China Sea this week, and of “invading” and “breaking into” the homes of others, its defence ministry said on Friday.
Why the Trump storm is a boon for Beijing
The suspension of US aid to human rights NGOs and the US withdrawal from the WHO and the Paris Agreement are all openings for China, which could take advantage of them to assert its positions.
Saudi crude to China to fall in March after prices hit over one-year high, sources say
Saudi Arabia’s crude oil supply to China is set to slide in March from the prior month, trade sources said on Tuesday, after the …