Beijing hopes the record spend will help China fully capitalize on its lead in the global green energy transition.
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China to invest $800B in creaking electricity grid to speed up green transition
Weak Chinese Demand Dents India’s Diamond Exports
MUMBAI, (REUTERS) – India’s cut and polished diamond exports have been faltering due to weak demand from the key market, China, and they are unlikely to stabilize unless the government provides support to the industry,…
China’s businesses are ‘noticeably ahead’ of the rest of the world when it comes to adopting AI—and preparing for the inevitable regulations
A survey from SAS finds that 80% of Chinese business leaders are already using GenAI in their organization’s operations.
China Vanke Expects to Post First Half Loss as Sales Stall
China Vanke Co. said it is expected to post a net loss of about 7 billion yuan ($962 million) to 9 billion yuan ($1.2 billion) in the first half amid a mixed picture in the…
China Fortifies Space Station
Space Station Armor Two astronauts ventured outside of China’s Tiangong space station to armor its exterior against incoming space debris kicked up by an exploding Russian satellite last week. “The spacewalk primarily focused on installing…
China is freaking out over an ‘open secret’ that its cooking oil was ferried for years in chemical tanks that weren’t cleaned
China is up in arms after state media discovered trucks interchangeably delivered soy oil and chemicals for fuel without cleaning their tanks.
China’s Real Estate Data Trending In Wrong Direction And Hitting Historic Lows
China is rapidly earning the distinction of being one of the world’s worst real estate markets, and two new data points only strengthen its grip on that unwanted mantle. Reuters recently reported that …
China’s central bank faces a dilemma that also explains Beijing’s economic woes
The yuan has had a tough time of late. It has weakened more than 10 per cent against the dollar since the Federal Reserve began raising rates in March 2022. That has left it trading…
China Stops Paying Russia for Cargo Train Shipments
Since May, payments for about half of these rail shipments are now being refused, Amsterdam-based news agency The Moscow Times wrote on Sunday, citing a Russian source working in logistics. This is reportedly five times…
China puts on brave face amid US tech restrictions as it looks to next stage of internet development
Delegates at a conference to mark 30 years since China’s first internet connection highlighted the nation’s determination to become self-sufficient in AI and future online technologies.
Honest China woman shocked by US$310,000 cash transfers, returns the lot to rightful owner
Stranger sends money via mobile payment app, incident is viewed 140 million times on Weibo A woman in China who received multiple money transfers amounting to 2.26 million yuan (US$310,000) from a …
CHINA MOBILE, PICC GROUP Sign Strategic Cooperation Agreement, Covering AI Tech
CHINA MOBILE (00941.HK) and PICC GROUP (01339.HK) entered into a strategic cooperation agreement today (9th), according to Chinese media. It is learnt that the two parties will work together to …
Taiwan soldier charged with leaking military secrets to China
A Taiwanese sergeant has been indicted for allegedly photographing and leaking confidential defence information to China, prosecutors said Tuesday. The sergeant, surnamed Chen, worked at a navy …
