Gold traders divert shipments from China as proposed customs rule threatens hefty new taxes on imports. September volumes hit 6-month low. Peru copper supplies at risk …
Tagged By beijing
$1.80 dinners and budget clothes? The spread of frugality is hurting China’s economy
“This is so economical,” she marveled over a $1.80 dinner. “They also included fried chicken.” Other accounts tout $8 gym memberships and the merits of waiting for sales at fast-fashion clothing …
US Concerned About China’s Use of AI, Says It Could Make Countries Vulnerable to Coercion
The U.S. government is concerned about China’s use of artificial intelligence to repress its population, spread misinformation and undermine the security of the United States and its allies, White …
Hong Kong IPO Swells China Software Tycoon’s Fortune to $1 Billion
Shares of his company Horizon Robotics Inc., which debuted in Hong Kong on Thursday, rose more than 30% in early trading, lifting the machine learning expert’s fortune to as much as $1.2 billion, …
Hong Kong IPO Swells China Software Tycoon’s Fortune to $1 Billion
Shares of his company Horizon Robotics Inc., which debuted in Hong Kong on Thursday, rose more than 30% in early trading, lifting the machine learning expert’s fortune to as much as $1.2 billion, …
HKEX posts best third-quarter earnings since 2021 on China stimulus, 15 IPOs; Morningstar keeps HK$300 fair value
HKEX reported its best third-quarter earnings in three years on Oct 23, with net profit up 7% y-o-y to HK$3.15 billion in 3QFY2024 ended Sept 30.
Global food giants deepen price cuts to tempt China’s wary shoppers
International companies such as Danone and Nestle have deepened price cuts or are seeking to boost online shopping volumes to win over China’s increasingly reluctant customers, executives said.
IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms
The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday …
Beijing Daxing Airport to launch new international routes amid civil aviation recovery
A key highlight is the expansion of international routes at Beijing Daxing International Airport, further cementing its status as a major global hub. Saudia Airlines will launch a new route from …
China rivalry will continue ‘into the next decade,’ U.S. ambassador tells NBC News
The United States will judge China “on its actions, not just its words,” U.S. Ambassador to China Nicholas Burns said, as the two rivals try to improve ties.
India and China have struck a deal that could ease border tensions ahead of expected leader meeting
India and China have reached an agreement on military disengagement along their disputed border, New Delhi said, a step toward reducing frictions between the nuclear-armed neighbors that comes ahead …
‘We have to compete:’ U.S. Ambassador to China, Nicholas Burns, tells NBC News
The U.S. Ambassador to China, Nicholas Burns, told NBC News’ Janis Mackey Frayer in Beijing that, “We have to be clear eyed by the dangers and the threat that China poses to the U.S.” …
CATL, China’s king of EV batteries, unveils new product for hybrid cars amid rising demand
Freevoy battery offers 400km of driving range before resorting to the fuel tank, twice the current ‘normal’ capability, CATL says.
