Chinese banks had combined local and foreign currency assets of CNY467.3 trillion (USD64.4 trillion) as of the end of the second quarter, up 7.9 percent from a year earlier, according to figures …
Featured Posts Title
Beijing AI academy slams inclusion on US Entity List
Oil prices are high but could be much worse. Trump has China’s Xi to thank for that
Trump will be at the airport to greet Xi when China’s leader arrives for his US state visit
Beijing Seeks Trade Stability With Washington Ahead of Xi-Trump Meeting
US Treasury’s Bessent to discuss AI, trade, rare earths with China’s He, source says
Tehran sees Beijing as potential bridge to Washington
US, China discuss cutting tariffs on US LNG ahead of Xi visit
Recent Posts
China’s Banks See Bad Loans Drop, Net Interest Margins Steady in Second Quarter
China’s EV industry is spending more on factories abroad than at home for the first time
The bulk of announced overseas investment, or 74%, was in battery factories, the report said. But it noted investment in assembly plants abroad was also “growing rapidly.” …
China Merchants Bank Subsidiary Opens New Crypto Exchange In Hong Kong
In a significant move that underscores China’s growing interest in the cryptocurrency sector, China Merchants Bank International (CMBI) has partnere …
China is run by engineers, and the US by too many lawyers
Dan Wang’s compelling and provocative book explores both the merits and the madness of China’s engineering state …
China Unicom 5G-A network powers world’s first humanoid robot games
Leading Chinese telco offers robot showcase next gen 5G network that supports embodied AI realising seamless connectivity for both spectators and robots even during peak usage.
China’s Property Investment Drops 12% in First Seven Months
This chart shows the year-on-year change in China’s real estate development investment (in percent).
China CITIC Financial Asset Management Reports Strong First Half of 2025
The latest update is out from China Huarong Asset Management Co., Ltd. Class H ( ($HK:2799) ). China CITIC Financial Asset Management Co., Ltd.
China rare earth exports rise to six-month high on July shipment surge
US Trade Representative Jamieson Greer said earlier this month that China was “about halfway there” in terms of returning magnet supplies to where they were prior to the controls …
Swatch apologizes for ‘slanted eye’ ad after online backlash in China
The incident is the latest setback for a firm whose shares have fallen by more than half since early 2023 and which is facing a 39% tariff on its exports to the United States.
India, China envoys discuss border peace, trade to boost cooperation
Indian Foreign Minister Subrahmanyam Jaishankar and his Chinese counterpart Wang Yi on Monday discussed border peace, trade issues and bilateral exchanges, aiming to strengthen cooperation between the …
China extends probe into EU dairy products as trade tussle goes on
China extended on Monday its anti-subsidy investigation into European Union dairy imports by six months, one front in a wider trade war with Brussels and Washington.
China Unicom deploys 5G Standalone network for Humanoid Robot Games
Inside the venue, China Unicom deployed its 5G-A digital indoor system, which utilizes 300MHz ultra-high-bandwidth spectrum. According to the telco, it’s able to deliver uplink speeds above 100 Mbps, …
China’s military prepares to show off huge submarine drones
Naval News added that China now runs the world’s largest XLUUV program, with at least five types already “in the water” over the past several years, and the parade will be the first public showcase…