Thanks to these new drivers, economic added value in 2020 reached 16.93 trillion yuan ($2.61 trillion), up 4.5 percent over the previous year. The new economy has become an important driver of China’s …
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US targets China’s shadow trade with Iran in sweeping sanctions
US imposes sanctions on a China-based oil refinery and 40 shippers over Iranian oil
Beijing Auto Fair 2026 spotlights AI driving amid sales fall
New Mercedes GLC L EV Long Wheelbase Unveiled in Beijing Boasting Extra Legroom and Superior Comfort
2026 Beijing Int’l Automotive Exhibition kicks off
China car giant BYD says it can thrive without US
Denza Z revealed at Beijing: Electric GT convertible targets Porsche 911 territory
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New economy continues to script China’s success story
PFL appoint ex-NBA China CEO to board, promise ‘tangible stakes in the ground’ for Chinese expansion
CEO Peter Murray says Professional Fighters League will put ‘stakes in the ground’ in China with revamped digital and broadcast coverage next season.
Didi Chuxing, Ant Group backer Temasek remains ‘bullish’ on China as Beijing cracks down on tech sector
China remains the largest part of the Singapore’s Temasek Holdings’ portfolio, accounting for 27 per cent of its assets in the 2021 financial year.
China claims it has improved people’s lives in Xinjiang after US warning
Beijing’s latest white paper says the region ‘is now a stable and orderly society’, ethnic minorities have political representation and living standards are rising.
China’s bank regulator warns of rising bad loans due to uneven recovery
China has implemented monetary and fiscal policies since last year to support an economy jolted by the COVID-19 pandemic. Financial institutions were encouraged to lower rates for virus-stricken firms …
Tech: What Didi’s IPO flop means for Grab and GoTo
IT had been billed “the IPO of the year” and the largest China listing in the US since e-commerce giant Alibaba Group Holding Ltd’s debut in 2014. Yet, when Beijing-based Didi Global Inc, the Uber…
Amid Calls to Boycott Beijing 2022 Olympics, State Dept. Still ‘Consulting With Allies and Partners’
The Biden administration is still “consulting with allies and partners” over the question of Beijing’s hosting of the 2022 Winter Olympics, State Department spokesman Ned Price told a briefing Tuesday …
UPDATE 1-Beijing asks Pakistan to punish perpetrators of bus attack
China has asked Pakistan to punish the perpetrators of a bus attack that killed at least 10 people including Chinese nationals on Wednesday, the foreign ministry said.
China Sends Ships to Senkaku Islands After Japan Names Country Top Security Threat
The Chinese government vessels sailed into the territorial sea around the disputed East China Sea islets on Wednesday morning.
China Deals Another Blow to Its Crypto Miners
China dealt another blow to its beleaguered cryptocurrency industry, with Anhui province becoming the latest to pledge to crack down on the practice of using power-hungry machines to mint Bitcoin and …
China’s crackdown on crypto continues as more mining projects shut down
The crypto industry in China was further hit today as Anhui province said it would close all crypto mining operations due to energy concerns.
US to become Bitcoin mining hub while China strengthens ‘War on Crypto’
Standard Power is set to mine Bitcoin in a nuclear power plant in Ohio. The carbon-free mining operation will be set up in an abandoned paper mill, likely to ward off environmental concerns of …
China shuts down crypto mining in Anhui province
Related: Chinese hydropower plants on sale as crypto miners move abroad The Anhui province of China is known for once being one of China’s poorest provinces, having only been removed from the …
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