BEIJING, Dec. 14, 2023 /PRNewswire/ — The annual Central Economic Work Conference was held in Beijing from December 11 to 12. President Xi Jinping delivered a speech during this conference, reviewing …
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Beijing Review: Nipping Economic Risks in the Bud
China’s c.bank set to boost liquidity injection but keep key rate unchanged
China’s central bank is expected to ramp up liquidity injections while leaving the key interest rate unchanged when it rolls over maturing medium-term policy loans on Friday, a Reuters survey showed.
China’s generative AI market to exceed $1.4t in 2023: report
The China Center for Information Industry Development, a public institution under China’s Ministry of Industry and Information Technology, estimated that China’s the generative AI market is expected …
China’s Coffee Market Outpaces U.S. for the First Time in 20 Years
China now has more cafes than the United States, with indigenous brands like Luckin Coffee leading the industry’s growth.
Giant panda plays in snow in Beijing
A giant panda was seen rolling around playfully at Beijing Zoo and snow, blizzards and plunging temperatures swept northern China in what could be one of its most severe cold snaps in December.
China’s State Media Shows Military Using Microsoft’s HoloLens 2 Headsets
Microsoft’s HoloLens 2 system was released in 2019 and retails starting at $3,500. The product is available commercially inside China.
How to sneak billions of dollars out of China
In the third quarter of this year the net flow of foreign direct investment in China turned negative for the first time since the data began to be collected a quarter of a century ago.…
South Korea scrambles jets as China and Russia fly warplanes into its air defense zone
South Korea says 2 Chinese and 4 Russian warplanes entered its air defense zone for just less than 20 minutes, but “there was no invasion of airspace.” …
China EV maker Zeekr unveils fast-charging LFP battery
Zeekr , the premium electric vehicle brand of Chinese automaker Geely (GEELY.UL), unveiled on Thursday lithium iron phosphate batteries it developed that support fast charging.
UPDATE 1-China’s Beijing, Shanghai loosen home buying restrictions to aid housing market
Beijing and Shanghai relaxed home purchase restrictions on Thursday, including by lowering the minimum deposit ratio for first and second homes, suggesting renewed efforts by Chinese authorities to …
Ex-Bank of China Manager Jailed for Life Over $322 Million Fraud
China handed a life sentence to a former Bank of China Ltd. manager who was repatriated from the US two years ago over one of the Asian nation’s biggest bank frauds.
Is China understating its own export success?
But China’s current-account surplus is now modest: $312bn or 1.5% of GDP over the past year, according to the country’s State Administration of Foreign Exchange ( SAFE ). That is below the 3% …
Chinese biotech firm HighTide Therapeutics slashes Hong Kong IPO size by 80% to US$35.6 million
“Continuous US interest rate hikes and a slower-than-expected Chinese economic recovery sent market valuations down and constrained liquidity,” said Robert Lui at Deloitte China in the report. “As a …
