Firefighters work at the site of a building fire in Xinyu City, east China’s Jiangxi Province, Wednesday, Jan. 24, 2024. Chinese state media say at least 39 people died and nine others were injured after…
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Wang Yi reiterates Beijing’s rejection of South China Sea ruling
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A fire in China’s Jiangxi province kills at least 39 people, state media says
China’s dominant EV exports are set to get even cheaper off the back of a huge new subsidy program to boost sales in Thailand
The Thai government just agreed to pay consumers up to $2,800 if they buy a Chinese-made EV, and factories are due to sprout up all over Thailand.
Boeing Set to Deliver 737 MAX to China, Ending Freeze on Import of Jet
Boeing is set to deliver its first 737 MAX to a Chinese airline since March 2019 on Wednesday, flight data shows. The delivery ends an almost five-year freeze on imports of the U.S. planemaker’s most…
U.S. firms view China as ‘risky’ for their supply chains and India as a favored destination, survey shows
At least a quarter of the executives who participated in the independent, third party survey, commissioned by marketplace India Index in December, do not currently import from either China or India.
China Is Fighting Economic Malaise. A Top Expert Says Stimulus Might Not Be Enough.
China is rolling out incremental measures to reignite its economy, but a veteran China policy expert says that isn’t enough to ease the malaise setting in.China’s underwhelming economic recovery since …
Chinese gaming stocks soar amid Beijing’s apparent U-turn on strict gaming regulations
Chinese gaming stocks soared after news that the country’s video game regulator had seemingly scrapped proposed rules aimed at curbing “obsessive” gaming. Proposals cause slump: In Dec. 2023, China’s …
China unveils the latest $140 billion lifeline to prop up its economy and markets
Policymakers in China are set to introduce a large shot of liquidity to prop up the country’s slumping economy and financial markets. China’s central bank announced Wednesday its largest “economic …
How Blockchain And AI Are Set To Transform Small Businesses In 2024
Blockchain and AI integrations in SMBs were evident in 2023, and their influence has continued to spread across enterprises globally in 2024 as well. With the global business blockchain adoption rate …
China cuts bank reserves to defend markets, spur growth
China’s central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, the first such cut for the year as policymakers extend efforts to shore up a fragile economic…
Thousands still shelter in freezing weather after 7.1 quake in western China killed key livestock
As aftershocks continued to rock western China on Wednesday, more than 12,000 people were staying in tents and other shelters, lighting bonfires to fend off the freezing weather.
German firms plan to increase China investment in next 2 years despite ‘reality check’ in 2023
Business Confidence Survey released on Wednesday by the German Chamber of Commerce in China highlighted a range of challenges Beijing is seeking to restore trust among China’s foreign business …
Hong Kong and China Stocks Surge on Stimulus Talk, But There Is a ‘But’
Is this the turning point for China plays? Perhaps, but China bulls have been burned too many times to call a bottom.
China smartphone maker Oppo ends protracted legal battle with Nokia, agrees to pay 5G royalties
Oppo did not comment on the deal’s implications for its German business. The Chinese firm is still grappling with legal challenges in Germany, where a Munich court ruled in late December that Oppo …