China’s new home prices dropped 0.1% in February, official data showed on Monday, as demand in the crisis-stricken sector remains subdued despite the government’s promises of more stimulus measures.
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China unveils plan to boost domestic consumption
BEIJING] China on Sunday (Mar 16) unveiled an action plan it hopes will help Beijing to overcome stubbornly low consumer demand and meet its ambitious growth target, state news agency Xinhua reported.
Beijing cracks down on stock market misinformation
SHANGHAI: China’s securities watchdog has stepped up monitoring of fake information in the stock market and is working with the police and cyberspace regulators to crack down on those who disseminate …
Nanshan Aluminium looking to raise up to $358 million in Hong Kong IPO
(Reuters) -China-based Nanshan Aluminium, an affiliate of Malaysia’s Press Metal is seeking to raise up to HK$2.78 billion ($357.7 million) in a Hong Kong initial public offering, according to a …
China puts American AI industry on notice yet again with ‘Ernie X1,’ Baidu’s new open-source reasoning model
Chinese tech giant Baidu has released open-source AI models Ernie X1 and Ernie 4.5, intensifying competition with US AI companies.
Chinese cities strengthen policy efforts to help stabilize real estate market
Shenzhen, South China’s Guangdong Province, on Sunday announced plans to raise the maximum housing provident fund loan to 2.31 million yuan ($319,155), while further lowering the minimum down payment …
Pentagon is closely monitoring Russia and China test military capabilities in space
US military officials believe Russia and China are aggressively testing new offensive space capabilities, pointing to a series of satellite training missions conducted by both countries in recent …
How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
For decades, the U.S. has led the race to clean, limitless nuclear fusion energy. Now China is catching up, spending twice as much and building projects faster.
Facing Trump Tariffs, China Outlines Plan to Bolster the Economy
Beijing’s leaders are ordering fiscally strapped local governments to spend more to help workers, consumers and businesses.
China looks to boost consumption amid consumer squeeze
China’s State Council unveiled on Sunday what it called a “special action plan” to boost domestic consumption, featuring measures including increasing residents’ income and establishing a childcare …
UpperHills: The 2025 Spartan Race Elevating Shenzhen’s Status as an International Consumption Hub
On March 15, the globally renowned obstacle racing event, the Spartan Race, kicked off its 2025 season at Bijiashan Park in the downtown of southern China’s Shenzhen city.
Lovelorn men duped into buying homes in romance scam
A bizarre housing scam in south China’s Shenzhen has come to light, where more than 30 men who believed they were in a romantic relationship were deceived into buying homes.
Shenzhen’s Black Technology: Transforming Golf from an Aristocratic Sport to a National Sport
Wang Jijun embarked on his journey in the golf industry back in 1995 when he founded his company in 1998, committing over 30 years of effort to this cause. His core mission revolves around using…