China plans to inject at least 400 billion yuan ($55.13 billion) into its biggest banks in coming months as part of a broader stimulus package to revive growth in the economy, Bloomberg News reported …
Featured Posts Title
Exclusive – Microsoft retreats in China, but AI boom helps it keep a window open
Harvard-China links unearthed as Congress finds 140 papers co-authored by CCP military universities
China ride-hailing giant Didi Q2 swings to net profit
Shenzhen Children’s Palace is back with a new futuristic glow-up
China’s JD.com tops quarterly revenue estimates
China to keep imposing anti-dumping duties on Indian single-mode optical fibre imports
EVs dominate China’s car market: 5 takeaways from the country’s latest auto sales data
Recent Posts
China to start re-capitalizing banks with $55 billion, Bloomberg News reports
China Plans to Start Bank Capital Hike With at Least $55 Billion
China plans to start re-capitalizing several of its biggest banks in coming months, according to people familiar with the matter, following through on a broad stimulus package unveiled last year to …
Exclusive-CICC to merge with Galaxy Securities to form China’s No.3 brokerage, say sources
By Julie Zhu (Reuters) -State-owned China International Capital Corp (CICC) is set to merge with its peer China Galaxy Securities, said five sources, in a deal that would create the country’s …
Chinese Electric Truckmaker Zhizi Is Said to Plan $200 Million Hong Kong IPO
Chinese electric truckmaker Zhizi Automobile Technology Co. is considering an initial public offering in Hong Kong that could raise about $200 million, according to people familiar with the matter.
New Coronavirus Detected In China Wuhan Lab May Trigger Another Pandemic: CDC Says No Immediate Threat to Humans
CoV-2, with similarities to SARS-CoV-2. Read on to know more about the virus variant, and understand what CDC has to say about the current threat.
Premier Li makes house call to state telecoms as Beijing dials in on innovation
Message to nation’s state-owned service providers underpins China’s bid to achieve ‘high-level technological self-reliance’.
China’s HongShan hires ex-Bain Capital dealmaker in new Japan push, sources say
China’s HongShan Capital Group (HSG) has hired Komi Kyu from Bain Capital to head a new local office in Japan, three sources with knowledge of the matter said.
China Unicom: DeepSeek Series Models Upgraded w/ Optimizations, Saving 30% of Inference Computation on Avg.
China Unicom: DeepSeek Series Models Upgraded w/ Optimizations, Saving 30% of Inference Computation on Avg.
China’s premier calls on big three telcom firms to step up R&D
CHINESE Premier Li Qiang called on the country’s top three telecom companies to step up research and development (R&D) in the aid of broader innovation and economic growth – underscoring Beijing’s …
De minimis: China’s Shein workshops suffer as US tightens shipment rules
Small-scale factories supplying China’s e-commerce giants face an uncertain future as the US moves to end tax exemptions for small parcels Few of the factory owners in this ramshackle part of …
China’s ‘Puppy Mountain’ goes viral
When Shanghai-based designer Guo Qingshan posted a vacation photo on Valentine’s Day and captioned it “Puppy Mountain,” it became a sensation in China and even created a tourist destination.
Geely beats BYD to become No.1 in China – what’s next for its brands?
With Geely toppling BYD as the Chinese market’s top dog, each of its brands’ future model plans become especially interesting.
Elon Musk said Tesla used internet videos to train self-driving tech in China
Tesla rolled out self-driving features to some of its cars in China after BYD said all its cars would get its self-driving tech for free.