China’s exports of new energy vehicles (NEVs) soared 110 percent year on year in the first eight months of 2023 amid the rapid expansion of the sector, industry data shows. This was reported by The…
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China rolls out its version of the H-1B visa to attract foreign tech workers
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City Reflection and Palm Trees in Shenzhen
How the US overtook China as Africa’s biggest foreign investor
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China’s NEV exports skyrocket 110 pct in first eight months
U.S. and China officials meet to mend relations
The recent power play between two of the world’s most influential giants, the U.S. and China, took an unexpected turn as they sought to bridge the gap in Malta. Let’s be frank here. With tensions…
AI start-up Beijing Fourth Paradigm among 3 Chinese firms launching Hong Kong IPOs
Beijing Fourth Paradigm, an AI start-up … which equates to 70.6 per cent of the IPO, the filings showed. Fourth Paradigm was added to the US “Entity List” this year, which means US suppliers are…
China’s battery makers build plants abroad to benefit local industry
CATL, China’s largest battery maker, has two overseas factories: one operating in Germany and the other under construction in Hungary. It will be the largest battery factory in Europe when production …
WHO chief pushes China for ‘full access’ to determine Covid-19’s origins, Financial Times reports
The chief of the World Health Organization (WHO) urged Beijing to offer more information on the origins of Covid-19 and is ready to send a second team to probe the matter, the Financial Times reported…
Pinned down by property paralysis, China needs a big holiday but they’re getting a long staycation instead
The portents are all good. China’s COVID-19 era restrictions are now done and dusted, and China Railway just struck “a new single-day record in ticket sales”, flogging 22.9 million tickets on Friday …
Beijing institute turns to powering rotorcraft
The Beijing Power Machinery Institute, a subsidiary of China Aerospace Science and Industry Corp, is known for its engine products that propel the nation’s cruise missiles. And now, engineers at the institute have used their…
Home Office looking at stopping special Mandarin teaching visa scheme over links to Beijing
The Home Office is exploring stopping a special visa scheme that allows foreigners to come and teach Mandarin for the Confucius Institutes amid criticism of the body’s ties to Beijing. Suella Braverman’s officials are looking…
Nippon Paint targets China expansion despite property market slowdown
Nippon Paint’s co-president Yuichiro Wakatsuki said he remains “cautiously optimistic” about China despite investor concerns about the impact of the slowdown for the Japanese group, which makes 35 per cent of its revenues in the…
Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million
Beijing Fourth Paradigm, an AI startup … which equates to 70.6% of the IPO, the filings showed. Fourth Paradigm was added to the U.S. “Entity List” this year, which means U.S. suppliers are barred …
China still has tools to revitalize economy
China’s real estate sector and equity markets have struggled this year, along with negative growth in exports from January to July and a number of economic indexes falling short of expectations.
For all its flaws, China’s belt and road has lifted the Global South
China saw that infrastructure investment paves the way for development, though it perhaps underestimated the challenges of putting together long-gestation infrastructure projects Whatever the criticism and the numerous projects that have fallen short of expectations,
China stored huge volumes of crude oil in August, giving it options: Russell
China’s record crude oil processing and robust imports in August have painted a bullish picture of demand in the world’s largest importer.