Cumulative profits at major industrial firms fell 1.1% in the first five months of 2025, compared to a year earlier. China’s exports this year have held up despite the erratic U.S. tariff policy, …
Featured Posts Title
At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up
A former ByteDance engineer says China’s AI industry is ‘far behind’ the US — and the gap is getting worse
White House accuses China of copying American AI models in ‘industrial-scale’ campaign
Chinese and Russian defence ministers agree to enhance cooperation, Beijing says
Chery Woos Canadian Car Dealers With Trip to Beijing Auto Show
China will send giant pandas to Atlanta again
Thailand says China foreign minister expressed hope for improvements in Thai-Cambodia relations
Recent Posts
China’s industrial profits plunge 9.1%, steepest fall in seven months
Guangdong takes various measures to boost robot industry
A dancing humanoid robot is pictured at a robot company in Shenzhen, south China’s Guangdong Province, June 25, 2025. In recent years, Guangdong Province has taken various measures to develop the …
MoonFox | Bilibili: A “Forever Young” Platform with a Long-term Vision
In contrast, back in April 2021, the age structure of users was younger. According to MoonFox Data, as of April 2021, Bilibili’s monthly active users had an average age of 23. At that time, 50.08%…
China’s industrial profits slip back into sharp decline in May
China’s industrial profits swung back into a sharp decline in May from a year earlier, as factories slowed activity in the face of broader economic stress and a fragile trade truce with the United States.
Financial measures to support consumption
China is expected to enhance the multi-tier financial services system to support consumption, by better coordinating financial resources and guiding financial institutions to enhance services from …
Nike plans to reduce reliance on China production for US market to soften tariff blow
U.S. President Donald Trump’s sweeping tariffs on imports from key trading partners could add around $1 billion to Nike’s costs, company executives said on a post-earnings call after the sportswear …
China’s industrial profits plunge 9.1% in May, signaling persistent deflation worries
Cumulative profits at major industrial firms fell 1.1% this year as of May, compared to a year earlier, the data showed.
Photos of the busy ports on the Yangtze River after China-US trade friction cools
Activity at Chinese ports has rebounded since U.S. President Donald Trump and China’s leader Xi Jinping agreed to resume trade talks and put off imposing massive tariffs on each other’s exports. That’s true,
Unmanned technology transforms sericulture
CHONGQING — In Yongchuan district of Southwest China’s Chongqing municipality, a modern sericulture base is transforming the ancient legacy of silkworm farming via cutting-edge unmanned technologies.
Donald Trump says US-China trade truce has been ‘signed’
Donald Trump said on Thursday the US and China had signed a trade deal two weeks after saying they had reached an understanding in London about how to implement a ceasefire in the countries’ dispute.…
GE Appliances to move washing machine production from China to Kentucky in $490M investment
GE Appliances invests $490 million to relocate washer production from China to Kentucky by 2027, adding 800 full-time jobs amid changing economic policies.
AIIB hailed as pioneer in intl financial governance
The AIIB, proposed by President Xi Jinping in late 2013, started operations in January 2016 and its Board of Governors held its first annual meeting in June that year. The bank is designed to develop…
Nike plans to reduce China production to soften US tariff blow, shares jump
Nike said it would cut its reliance on production in China to mitigate the impact from U.S. tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, sending its shares …