These scandals aren’t the only roadblocks that could severely undermined Xi’s ambitions to get China to achieve tech self-reliance. In October 2022, the US unveiled a sweeping set of export controls that ban Chinese companies…
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The Shenzhen government warns people from stablecoin scams
Chinese humanoid robot cooks steak remotely via VR from 1,800km away
Global Digital Economy Collaboration Forum Held in Beijing as Part of GDEC 2025
Calls grow for China’s household sector to be bigger economic driver
China approves Ethiopian soymeal imports to diversify supply
Beijing’s tussle with Brussels: China retaliates on EU medical devices
EU and China stand-off over climate action pledge before leaders meet
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China is pumping another $47.5 billion into its chip industry
China Unveils $48 Billion Fund to Bolster Chip Industry
China has set up a nearly $48 billion fund to help its semiconductor industry build up a local supply chain and close the technology gap with the U.S., coming as the country wrestles with restricted…
China presents mega semiconductor investment fund to reduce dependence on foreigners
In a significant move aimed at bolstering its domestic semiconductor manufacturing capabilities, China has unveiled its largest investment fund dedic …
China’s Push to Defuse Financial Risks & Revive Property Sector
China’s leaders emphasized the importance of preventing and defusing financial risks, linking them to national security. Given the property market’s drastic valuation drops, measures have been taken …
China Creates $47.5 Billion Chip Fund to Fuel Self-Resilience
China has set up the country’s largest-ever semiconductor investment fund to propel development of the domestic chip industry, the latest effort from Beijing to achieve self-sufficiency as the US …
China Vanke sells Shenzhen land plot at loss-making reserve price
Cash-strapped China Vanke has sold a Shenzhen land plot via auction for 2.24 billion yuan ($309.18 million), a filing on Monday showed, more than 27% below the price it paid for the same 19,000 square-metre…
South China Sea: Beijing risks conflict with Philippines over ‘Monster’ ship to enforce anti-trespassing policy
Beijing has deployed two vessels near Scarborough Shoal including the 165-metre Chinese coastguard vessel dubbed ‘The Monster’ Disputes in the South China Sea might lead to miscalculations and trigger a wider regional conflict,
{Hot Stocks}CHINA UNICOM(00762) quoted at HK$6.39, up 3.1%
Hot Stocks}2 listed firms see price swing at 11:13am 27/05/2024 11:04 {Hot Stocks}CHINA RES POWER quoted at HK$22.85, up 3.2% 27/05/2024 10:43 {Hot Stocks}CNOOC(00883) quoted at HK$20.2, up 3% …
Seoul, Tokyo, Beijing biz leaders agree to form private-sector economic consultative body
Business leaders of South Korea, Japan and China have agreed to form a trilateral economic consultative body to promote economic cooperation and resolve pending issues, the country’s main business lobby said Monday.
China sets up third fund with $47.5 bln to boost semiconductor sector
China has set up its third planned state-backed investment fund to boost its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion), according to a filing with a …
China sets up $47.5 billion state fund to boost semiconductor industry
China has set up a new state-backed investment fund with registered capital of 344 billion yuan ($47.5 billion) to boost the country’s semiconductor industry. The third phase of its national …
China’s real estate in worrying state as middle class reluctant to purchase properties
The current index level is even lower than during the early stages of the Covid-19 pandemic, surpassing the 102.6 recorded in the second quarter of 2020. The study evaluates spending intentions among …
Beijing and Vanuatu Forge Stronger Ties Amid Global Scramble
Top Chinese Communist Party official Liu Jianchao met Vanuatu’s Prime Minister Charlot Salwai, strengthening strategic ties. As China is a major creditor to Vanuatu, both nations agreed to cooperate closely,
