At the 2023 Boao Forum for Entrepreneurs early this month in Boao, a coastal town in South China’s Hainan province, Chinese entrepreneurs and experts said technological innovation empowers Chinese …
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Chinese brands focus on tech innovation
Founder of SenseTime, China’s AI Titan, Succumbs to Unknown Illness Amid US Short Seller Accusations
The billionaire founder of China’s artificial intelligence (AI … The nature of Tang’s illness remains undisclosed, reported Business Insider on Saturday. SenseTime, a partly state-owned company …
China’s property meltdown is battering middle class wealth
Some middle class households are pulling away from investing, or selling assets to free-up liquidity. Read more at straitstimes.com.
COVID-19 infections in China at low epidemic level, no unknown viruses have been found: China CDC
COVID-19 infections in China are at a low epidemic level and no unknown viruses or bacteria have been found during the monitoring of respiratory pathogens in China, according to Chinese health …
China’s economic conditions to improve in 2024 – central finance office
China’s economy is expected to see more favourable conditions and more opportunities than challenges in 2024, state media said citing a government readout. Macroeconomic policies will continue to …
Nissan to sell electric vehicles made in China globally in another sign of automakers responding to Chinese automotive prowess
Western and Japanese carmakers alike are shifting their strategies as affordable Chinese EVs spread around the globe.
End the ‘politically-motivated prosecution’ of Jimmy Lai, Lord Cameron tells China
The Foreign Secretary has called for the release of Jimmy Lai and the ending of his “politically-motivated prosecution”, ahead of the high-profile trial in Hong Kong of the pro-democracy newspaper …
China’s Real Estate Meltdown Is Battering Middle Class Wealth
Stock investments: down 30%. Salary package: down 30%. Investment property: down 20%. As Thomas Zhou reflects on 2023, his household finances are front of mind. Most Read from BloombergUS Frackers …
Asia markets take a breather, Bank of Japan decision and China LPR in focus this week
The Bank of Japan will hold its final meeting of 2023 on Tuesday, while China will announce its loan prime rates on Wednesday.
Economists’ take on China’s economic outlook in 2024
China heads into 2024 with relatively loose policy settings, but private sector sentiment constrained by property pessimism. Stimulus will reduce tail risks but we don’t expect it will be sufficient …
Tasmanian food and beverage producers bring home major deals from China
Tasmania’s participation in the China International Import Expo in Shanghai, one of the largest trade expos in the world, has yielded significant results, with several food and beverage companies …
Ex-Central Bank Chief Says China ‘Must Lead World’ in CBDC Adoption
The former Governor of China’s central bank, Dai Xianglong, has insisted that China needs to “lead the world’ in CBDC adoption, as the nation’s digital yuan pilot continues.
China’s economy in 2024 sees more opportunities than challenges – central finance office
There are more opportunities than challenges in China’s economy in 2024, and favourable conditions are stronger than unfavourable factors, state media said citing the Central Finance Office of the world’s second-largest economy.
