Goldman Sachs Tuesday lowered its annual economic growth forecast for China as nationwide power cuts hit millions of homes and halted production at factories, including some supplying Apple and Tesla.
TECHNOLOGY
China takes responsible approach in global cyberspace governance
World Internet Conference Wuzhen Summit, which kicked off on Sunday in Wuzhen, east China’s Zhejiang Province, has become an epitome illustrating China’s responsible role in global cyberspace …
PT Expo: 5G development gains momentum in China
G is gaining traction in China two years after the launch of its commercial use in the country. This trend can be seen at China’s annual International Postal and Telecommunication Expo, known as PT …
Crypto exchange giants Huobi, Binance stop taking China users
Two of the worlds largest bitcoin exchanges Huobi and Binance have stopped new registrations for Chinese users in compliance with Chinas cryptocurrency ban. The Peoples Bank of China (PBOC) announced …
Status of satellite unknown after China conducts pair of launches in 2 hours
The status of a classified satellite launched from southwest China Sept. 27 remains unknown more than 12 hours after liftoff.
Some Apple, Tesla suppliers suspend production in China amid power pinch
Several Apple Inc and Tesla Inc suppliers have suspended production at some Chinese factories for a number of days to comply with tighter energy consumption policies, putting supply chains at risk in …
China’s Woes Could Spell Trouble for S&P 500 Companies. Here Are the Risks.
As China tries to reshape its economy, a slew of U.S. companies including those in materials and technology sectors, may feel some pain.
Has China already won?
China’s wolf warrior diplomats have done the communist nation’s bidding abroad and have been winning friends in places where Americans are shunned.
China rocked by power crunch as Apple and Tesla suppliers suspend work
The power crunch comes as strict orders from Beijing to cut emissions collide with surging coal and gas prices as well as rising demand for electricity.
China’s raid on its Wall Street to keep many bankers awake at night as Beijing probes top institutions
China’s disciplinary watchdog will send inspectors into China’s top 25 financial institutions in the coming weeks to look for signs of corruption, negligence and disloyalty.
CNOOC plans Shanghai share sale amid U.S. sanctions
CNOOC, one of the three Chinese state-owned oil and gas conglomerates, plans to list in the mainland amid pressure from U.S. authorities to delist from New York. The company late on Sunday said it is…
CTM, China Mobile sign digital content delivery deal
Companhia de Telecomunicações de Macau (CTM) and China Mobile International (CMI) have signed a strategic cooperation framework on digital content delivery. The deal aims to accelerate the development …
China sees breakthroughs in quantum technology, yet faces challenges
Quantum information technology has become the focus of emerging technology attracting worldwide attention, igniting the second quantum revolution, which will have a profound impact on the global …
