China’s financial regulator has extended a policy allowing banks to transfer bad personal loans in bulk until the end of this year, said two sources with knowledge of the matter, as lenders grapple …
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South China Sea joint statement says China’s maritime claims have no basis
After a decade of trying, China just installed a Shenzhen supercomputer ranked the most powerful on Earth, and the Top500 confirms it
Beijing Guoan mourns its former player Manú’s death
‘No legal basis’: US, EU and 13 nations reject Beijing’s South China Sea claims
Typhoon Bavi weakens but still brings strong winds and rain to China
Five Guys to open in Beijing as more US chains hunger for success in China
14 nations and the EU reaffirm 2016 ruling invalidating China’s claims in South China Sea
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China extends banks’ bulk bad loan disposal programme through end-2026, sources say
Baidu’s AI chip arm may raise up to US$2b in HK IPO, banks picked — Bloomberg
AI-related companies are going public in Hong Kong to tap investor demand for a sector deemed strategic by Beijing as it pushes for technological self-reliance.
China Sells the World on Its Duty-Free Island, Amid a $1 Trillion Trade Surplus
Policies meant to lure importers to Hainan, a resort island off China’s coast, signal an opening up, Beijing says. One expert calls it a “bait and switch.” …
Elon Musk says China will ‘far exceed the rest of the world in AI compute’
Elon Musk says China’s electricity advantage gives it the edge to “far exceed the rest of the world in AI compute.” …
Beijing mulls intervention in Meta’s deal to buy Manus amid AI ‘brain drain’ fears
Manus deal is cheering investors but worrying Beijing, where officials see a risky precedent for Chinese AI start-ups.
ByteDance boosts Shenzhen presence with ‘second headquarters’ for Douyin operations
The Chinese short video giant’s new base in Nanshan district was announced by the city’s publicity department on Tuesday.
Why China halted the world’s largest particle accelerator project
China’s decision to halt work on what was meant to be the world’s largest particle accelerator has reshaped the global race to probe the Higgs boson and the fabric of the universe. Instead of …
China bans certain rare earths and other exports to Japan for military purposes over Takaichi’s comments
China has banned exports of some rare earth elements and other items to Japan that could be used for military purposes, straining already tense relations between the two countries following the …
China bans dual-use goods exports for Japan military over Taiwan remarks
China has banned exports of dual-use items to Japan that can be used for military purposes, according to a commerce ministry statement on Tuesday, Beijing’s latest move in reaction to an early …
China extends policy allowing banks to sell bad personal loans
Chinese banks are accelerating write-offs and transfers of bad assets to shore up asset quality as margins have hit record lows Read more at The Business Times.
Japanese PM’s Taiwan comments prompt China to ban certain exports to Japan
China has banned exports of some rare earth elements and other items to Japan that could be used for military purposes, straining already tense relations between the two countries following the …
China bans military exports to Japan amid Taiwan tension
Chinese officials banned exports of some rare earth minerals and goods that might have military use following comments by Japan’s prime minister.
‘China’s Ethereum’ in civil war, Japan to embrace Bitcoin ETFs: Asia Express
China’s Ethereum” co-founders clash on New Year’s Eve over Neo’s treasury, major Asian economies warm up to Bitcoin ETFs. Asia Express …
