In the latest sign of stress facing Chinese companies, official data released Sunday showed China’s industrial profit declined 1.8% from a year earlier in the first half of the year.
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Beijing Pivots to Rein In Excess Capacity Amid Squeezed Industrial Profit
China’s industrial profits fall further in June
China’s industrial profits continued to fall in June, data showed on Sunday, as entrenched producer deflation put more margin pressure on businesses in the face of subdued domestic demand and …
China’s Industrial Profits Drop for Second Month Amid Price Wars
China’s industrial earnings fell for a second straight month, with authorities set to intensify their drive to rein in excessive competition that’s dragging down prices and compounding the pain from …
China’s industrial profits fall 1.8% in first half
Profits at China’s industrial firms dropped 1.8% in the first half of 2025 from the corresponding period last year, official data showed on Sunday.
China Aims to Bridge AI Gap, Challenges US Lead in Crypto and Beyond
China proposes a global AI cooperation organization to promote inclusive development. Will the country challenge US dominance in crypto?
Voters in Taiwan reject bid to oust China-friendly lawmakers in closely watched poll
Taiwanese voters have rejected a bid to oust about one-fifth of their lawmakers from the opposition Nationalist Party in a recall election.
China Places Alipay, Tenpay, NetsUnion Under Direct AML Oversight: Report
Under the 2014 framework, institutions subject to direct AML oversight included three policy banks, six state-owned commercial banks, nine joint-stock …
China calls for the creation of a global AI organization
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COVID-19 cases are on the rise in MA, CDC says. What to know about ‘Nimbus’ strain.
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These Iconic Food Brands Are Owned By Chinese Companies
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China releases AI action plan days after the U.S. as global tech race heats up
China on Saturday released a global action plan for artificial intelligence that called for international cooperation on tech development and regulation.
Taiwanese voters reject bid to oust lawmakers from China-friendly party in closely watched poll
Taiwanese voters have rejected a bid to oust about one-fifth of their lawmakers from the opposition Nationalist Party in a recall election.
Beijing warns of geological disasters as storms lash Baoding again
Beijing issued on Saturday a warning for geological disasters including landslides and mudslides after intense rainfall the day before, with storms circulating China’s north unleashing for a second …
