A staff member demonstrates his interaction with a virtual human during the Global Digital Economy Conference 2024 in Beijing, capital of China, July 2, 2024. [Xinhua/Ren Chao] BEIJING — Beijing municipality’s digital economy continued to…
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Luxury Brands Navigating ‘New Normal’ in China
Luxury brands are facing several challenges in China, including a slowdown in consumer spending and a growing gray market for selling authenticated goods bought overseas as Chinese shoppers head …
China’s Honor gets strong state backing as it readies IPO
The handset maker has declined to disclose any IPO details such as how much it reckons it is worth now. It is looking to list on China’s A-share market where it expects a higher valuation,…
Part 2 | Flagging in: China’s new approach to maritime and seafood power
China has been buying its way into restricted national fishing grounds. The method typically involves the use of business partnerships to register foreign ships under the flag of another country, …
China sees growing foreign trade volume of tea in H1
During the period, China’s import volume of tea reached 24,400 tons, an increase of 41.54 percent, while the import value of tea reached $72 million, up 10.14 percent year-on-year. Belt and Road …
Beijing is increasingly establishing itself as a diplomatic hub of growing influence
He spent several days discussing how to end the two deadliest conflicts in the world today. First, Wang hosted the gathering in Beijing of 14 Palestinian factions, including bitter rivals Fatah and Hamas, for peace…
Exclusive | China’s property bender has led to long, tough hangover: economist Mao Zhenhua
and was among the first to warn about the underlying pressure on China’s property prices. In this latest interview in the Open Questions series, Mao analyses China’s struggling property sector, …
Absa and blockchain: A Journey of innovation and learning
One of the key areas of innovation that Absa has been leveraging is blockchain technology, which has the potential to revolutionize various aspects of the financial industry, such as payments, …
NITI Aayog member proposes JVs with China to boost manufacturing, lower imports
I think of it as de-monopolisation. Monopolies are not good for the consumer.” China is the biggest source of imports for India with consignments touching $102 billion in FY24, accounting for 15% of …
CEB defers Manila-Beijing service amid WPS dispute
Cebu Pacific said over the weekend it deferred the resumption of several flights to China over the soured Philippines-China relations and low demand from Chinese travelers. This also followed the ban on Philippine offshore gaming…
Olympic Medal Count Shows China Could Make History. Can Team USA Stop Them?
China is looking to reach heights as a global sporting superpower only attained by the United States and the former Soviet Union.
Possibility of Trump 2.0 should push China to recalibrate foreign policy
Trump’s threat to impose higher tariffs on Chinese imports could deal a major blow to China’s exports and manufacturing, but it should be read in the global context that he would go after everyone …
China Evergrande’s EV arm units to enter bankruptcy, reorganization proceedings
China Evergrande New Energy Vehicle said on Monday a local court ruled that two of its units would enter bankruptcy and reorganization, a week after individual creditors of those relevant units sought …