THE People’s Bank of China (PBOC) provided 150 billion yuan (S$28.5 billion) worth of low-cost funds for lending to housing and infrastructure projects last month, stepping up support for the economy.
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Humanoids break records at Beijing Robot Games
China is training up thousands of humanoid robots
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Chinese robots beat Usain Bolt’s 100m world record at Beijing Games
Chinese humanoid robots smash human records at Beijing robot games
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At China’s robot Olympics, the finish line comes with a padded wall and a stretcher
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China’s central bank adds 150 billion yuan in cheap housing funds
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China’s central bank adds $21 billion in cheap housing funds
Authorities have stepped up policy support for the real estate sector recently, with plans to reveal the first list of housing projects eligible for financing. Chinese cities including the southern …
China pledges to stick with fiscal expansion to spur economy
China will maintain fiscal expansion this year to spur an economic recovery, Vice Finance Minister Wang Dongwei said on Thursday, reinforcing market views that public spending will be the government’s …
China’s leaders are flailing as markets drop
I n recent weeks, China’s economic policymaking has been not just inadequate but a little skittish. On January 23rd draft rules on video games disappeared from the regulator’s …
U.S. Companies Find It More Challenging to Generate Profits in China Compared to Pre-Pandemic Period
More U.S. companies are encountering challenges in maintaining profitability in China compared to the period before the pandemic, raising concerns about their sustained presence in the market.
India begins to flex its naval power as competition with China grows
For decades, India has focused its defense policy on its land borders with rivals Pakistan and China. Now, as its global ambitions expand, it is beginning to flex its naval power in international …
S.Korea Exports Rise for Fourth Month on Surge in Chip Sales, China Rebound
By destination, China-bound shipments gained 16.1%, snapping a 19-month streak of declines. Exports to the United States rose 26.9%, extending gains to a sixth straight month, while those to the European Union climbed 5.2%.
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