BEIJING/SHANGHAI, Oct 29 (Reuters) – China Construction Bank Corp, the country’s second-biggest lender by assets, reported a 4.1% fall in third-quarter net profit on Thursday after setting aside … ( read original story …)
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China Construction Bank posts 4.1% fall in third-quarter profit
Boeing’s China aviation business in the spotlight after Beijing announces sanctions on defence unit
China’s sanctions on Boeing Defense do not include penalties on the firm’s commercial aviation business, but analysts say Beijing is ‘sending a message’. ( read original story …)
China turns to domestic demand to power economy
Xi Jinping’s administration will focus on ‘self-sufficiency’ in a range of technological sectors dominated by the US … ( read original story …)
China Says Economy Will Reach ‘Moderately Developed’ Level Within 15 Years
Chinese leaders vowed Thursday to pull China’s per-capita output levels up to that of “the middle level of developed economies” within 15 years, an ambitious task that economists say will require … ( read original…
China’s leaders vow to become self-reliant technology power
China’s leaders are vowing to make their country a self-reliant “technology power” as a feud with Washington cuts access to U.S. computer chips and other high-tech components, hampering Beijing’s … ( read original story …)
TikTok owner ByteDance launches education technology brand Dali for China
By Yingzhi Yang and Brenda Goh BEIJING (Reuters) – Beijing-based ByteDance announced a standalone education technology (edtech) brand Dali for the Chinese market on Thursday, becoming another major … ( read original story …)
Chinese leaders target ascent as a ‘technology power’
China’s leaders vowed Thursday to speed up its development as a self-reliant “technology power” as a feud with Washington cuts access to U.S. components and hampers Beijing’s … ( read original story …)
The Biggest IPO in World History Is Stoking an Investor Frenzy
I was lucky.” Ant may not be a household name in most of the world, but the Chinese fintech behemoth controlled by Jack Ma has set off an investor frenzy for the history books. Brokers…
China’s Next Economic Transformation: Going Carbon Neutral by 2060
In the biggest climate commitment made by any nation, China pledged to go carbon neutral by 2060. While it will be challenging for Beijing to achieve its goal, China’s plan to become a green ……
China’s Alibaba And Ant Group Billionaire Jack Ma Calls For Radial U.S. Banking Overhaul
Ma has warned new “digital currencies,” such as bitcoin and China’s digital yuan, could be used to establish a new type of banking and financial system—and called for an overhaul of U.S.-led banking … (…
Will China’s Digital Yuan Replace the Dollar? | Opinion
The real story of digitalization of the yuan is not what it will do to further currency internationalization but what it says about a rapacious party-state demanding complete control internally. ( read original story …)
China blasts US charges against agents seeking man’s return
China on Thursday accused the U.S. of seeking to smear Beijing’s efforts to pursue fugitives, a day after the Justice Department charged eight people with seeking to coerce a New Jersey man who was ……
Factbox: Key details from fifth plenum of China’s Communist Party
Chinese President Xi Jinping and the Central Committee, the largest of the ruling Communist Party’s top decision-making bodies, have concluded a four-day meeting on China’s economic and social policy … ( read original story …)