China’s Bank of Communications Co Ltd (BoCom) reported a 5.17% fall in second-quarter net profit on Wednesday, while warning of more bad debt from developers. Chinese banks have been facing a squeeze …
Featured Posts Title
Chinese colonialism? Beijing forcing 1 mn Tibetan children into boarding schools, erasing cultural identity
Wang Yi reiterates Beijing’s rejection of South China Sea ruling
China, ASEAN to submit upgraded free trade deal to leaders in October, says China’s foreign minister
Trump reportedly threatened to ‘bomb the [expletive] out of Moscow’ and Beijing. Here’s context
China’s Chery denies allegations of fraudulent subsidy declarations
Tale of two cities whets the appetite for adventure
Beijing’s Growing Boldness: China’s Stance On Ukraine Sparks EU Alarm
Recent Posts
Chinese bank BoCom warns of developers’ bad debts as profit dips
China ‘deeply’ concerned over escalation in occupied West Bank
Foreign Ministry spokesperson calls upon all parties concerned, Israel in particular, to ‘remain calm and exercise restraint’ – Anadolu Ajansı …
China’s new bubble has sent tremors through Beijing
The collapse of China’s property market nearly four years ago continues to reverberate within the country’s economy, forming a bubble that has led to some panicky responses from authorities.
China’s central bank buys government bonds, stirs intervention talk
China’s central bank said it bought special government bonds from primary dealers on Thursday, its first such bond purchase in nearly two years, reviving speculation it is preparing to intervene in …
China central bank will study new policy measures to boost economy, governor says
China’s central bank said it will stick with a supportive monetary policy stance and study new policy measures to support and consolidate the positive momentum of economic recovery, according to a …
China’s export restrictions on critical semiconductor materials shake global markets
China imposed stringent export controls on two critical semiconductor materials, germanium and gallium, in 2023, a move that has since rippled through global markets. These materials …
Economic Watch: Global companies upbeat about China’s open business environment
“Tianjin is an important economic center in northern China. It is also an important fulcrum of the Beijing-Tianjin-Hebei urban cluster. The consumer market here benefited not only the local area, but …
China’s upgraded light-powered ‘AGI chip’ is now a million times more efficient than before, researchers say
Scientists in China have unveiled Taichi-II … to learn new skills that lie beyond the confines of its training data. While this hypothetical technology is still many years away from reality (at …
US Embargo Fuels China’s $6B Plus Data Center Investment: Report
Recent reports indicated that Chinese AI developers bypass the U.S. embargo with blockchain technology to access advanced Nvidia chips. Chinese tech giants remain aggressive in their AI ambitions …
Chinese crypto’s $100mn ‘pig butchering’ problem fuels global surge in child abuse content, human trafficking: Report
A massive criminal network based in China has amassed over $100 million this year through elaborate cryptocurrency scams, while simultaneously driving a sharp rise in child sexual abuse material and …
European spirits stocks rise as China lifts provisional brandy restrictions
seen as retaliation against the EU’s decision to investigate whether Chinese EV manufacturers receive unfair state subsidies. French cognac producers were expected to be hit hard if China imposed any …
BYD’s First-Half Profit Rose on Strong EV Sales Despite Slowing China Demand
The Chinese EV giant said first-half net profit rose on higher electric-vehicle sales despite weak demand in the world’s largest auto market.
Sullivan meets Xi as wide-ranging China-US talks near end in Beijing
U.S. National Security Adviser Jake Sullivan met Chinese President Xi Jinping in Beijing on Thursday, wrapping up three days of talks aimed at easing friction between the two world powers ahead of …
