That’s on top of a $41bn discount programme that covers a wide range of things, from dishwashers and home decor to electric vehicles and smartwatches. It’s a spending spree that will encourage Chinese people to…
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Robot decapitated in world’s first-ever humanoid UFC fight
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Trump spares Beijing in probe of alleged Chinese election plot
Trump alleged China took US election data. Its leader is still planning for a lavish state visit to the US
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Recent Posts
Can China’s $40bn spending spree get people to open their wallets?
China Throws Money at Population Crisis
While China’s birth rate saw a slight uptick in 2024, marking the first increase in eight years, the overall population declined for a third consecutive year. The shift, largely attributed to the end of strict…
China to spend $55 billion on R&D in 2025 — Semiconductor, AI and quantum computing fields to benefit
China set to inject $55 billion in research and development of fundamental technologies and innovating enterprises.
China’s Xi may visit US in not-too-distant future, Trump says
U.S. President Donald Trump on Monday suggested that Chinese President Xi Jinping may visit the United States “in the not-too-distant future” for talks as economic tensions escalate between the powers …
Trump’s USAID Cuts Help China and Russia, Former Officials Argue in Court
The dismantling of USAID has destroyed America’s “credibility as a reliable partner,” according to a new court filing from a group of Republicans and Democrats.
China’s Central Bank Pushes for Artificial Intelligence Integration in Digital Finance
The People’s Bank of China outlined its 2025 agenda for artificial intelligence in finance while ensuring security and regulatory oversight.
Can anything get China’s shoppers to spend?
Economists reckon that total consumption—including state spending on things like running schools and hospitals—will have to contribute over 60% of China’s growth this year if the economy is to get close to the official growth…
New York Times columnist admits scientists ‘badly misled’ public on COVID-19: ‘Five years too late’
Zeynep Tufecki, a Times columnist and sociology professor at Princeton University, wrote in a recent opinion piece that the science community hid crucial facts from the public — an …
Retail Giant Target, Which Relies On China For 30% Of Its Merchandise, Warns Of Profit Hit As Trump’s Trade War Bites
Target Corp. (NYSE:TGT) has warned that President Donald Trump‘s tariffs could erode profits as the retail giant faces a combination of economic headwinds and consumer backlash over its recent retreat …
China renews export registrations for US pork, poultry plants, industry groups say
Beijing has renewed registrations that allow hundreds of U.S. pork and poultry facilities to export to China, industry groups said on Monday, after lapses threatened shipments to the world’s largest …
China made rare draw on crude oil inventories amid weak imports
China dipped slightly into crude stockpiles in the first two months of the year as refiners processed more oil and imports remained weak.
Exclusive-Cobalt produced by China’s Lygend in Indonesia skirts Trump tariffs
U.S. firms are buying cobalt metal produced in Indonesia by China’s Lygend Resources that does not incur the tariffs placed by the Trump administration on imports direct from China, three sources with …
Trump tariffs remind business leaders of COVID-19 disruptions, uncertainty
Trump’s threatened tariffs pose a unique threat to Michigan and expose US to vulnerability worldwide, Detroit panel says.
