This credit credit-rating agency has joined Moody’s in allowing China to keep its still-high rating but downgrading the country’s “outlook.” …
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US Plans AI Chip Curbs on Malaysia, Thailand Over China Concerns
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Fitch Takes A Dim View Of China’s Financial Outlook
China Market Update: China Technology’s Outperformance Vs. US Tech Since February Widens
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China unveils world’s 1st diesel engine with 53.09% thermal efficiency
Chinese firm Weichai Power unveils an advanced diesel engine that achieves a remarkable 53.09 percent intrinsic thermal efficiency.
China science, technology news summary — April 22
The following is a summary of published science and technology news of China BRAIN-COMPUTER INTERFACE TOOL A team of Chinese scientists have found du
China may issue more savings bonds, cut purchase limits: finance ministry
VCG. China’s Ministry of Finance (MOF) vowed on Monday to promote the purchase of the nation’s saving bonds, including increasing the issuance volume an …
Souring China dreams force Western financial firms to cut costs
Just a few years ago, lucrative business prospects in China on the back of a booming economy led to a scramble among Western financial firms, from investment banking to asset management, to expand …
China reports general public budget spending near 7t yuan in Q1
BEIJING – China’s general public budget spending expanded 2.9 percent year-on-year to nearly 7 trillion yuan ($985 billion) in the first quarter of 2024, according to a Monday press conference.
China’s EV price wars continue in world’s largest EV market
Things are spicing up in Tesla’s (TSLA) latest EV pricing bout with Chinese competitors in China’s auto market, this time with Li Auto (LI) as both companies slash prices on electric vehicle models.
How China’s Millennials Are Driving the Luxury Market Boom
China’s luxury market is predicted to become the largest in the world. The shift in consumer trends, primarily among China’s younger population, is the main factor behind this growth. According to a …
China’s EV industry is going global. Why that has Tesla and other carmakers worried
The Alliance of American Manufacturing warned in a February report that allowing Chinese EVs into the country would be an “extinction-level event” for the U.S. auto industry. The group also cited the …
US and Ally Begin Major Military Exercise on ‘China’s Doorstep’
This year’s edition of the Balikatan exercise, the largest yet, is taking place near two Asia-Pacific hotspots.
China e-commerce exports, unreliable Red Sea shipping boost air cargo
The air cargo sector grew more than 10% during the first quarter on the back of e-commerce exports from China and supply chain disruptions in the Red Sea. The post China e-commerce exports, unreliable …
Global Impact: China posts better-than-expected first-quarter growth, but US trade actions test outlook
In this week’s issue of the Global Impact newsletter, we take the temperature of US-China relations at a difficult time for Beijing as it seeks to solidify the recovery of the world’s second-largest …