Country, estimated to be owed up to $1.5trn, is increasing penalties for late payments and cutting back on infrastructure projects
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WuXi Biologics’ medical research unit eyes up to $471 million in Hong Kong IPO
China-headquartered WuXi XDC, the contract medical researching unit of WuXi Biologics (Cayman), said on Tuesday it intends to raise up to HK$3.68 billion ($470.56 million) in one of Hong Kong’s top …
China has acquired a global network of strategically vital ports
But China has already secured a significant stake in a network of global ports that are central to world trade and freedom of navigation. Although the stated goal of the investments was commercial, the United…
Yellen to host China’s He Lifeng for ‘intensive diplomacy’ ahead of APEC
U.S. Treasury Secretary Janet Yellen will discuss economic partnerships with PRC Vice Premier He Lifeng in San Francisco this week.
China Vice-Premier He Lifeng to visit US this week as ties shine at Shanghai expo
The US Department of Agriculture unveiled its first pavilion at the China International Import Expo in Shanghai on Monday, with 17 exhibitors on show.
Survey of wealthy nations finds favorable views rising for U.S., declining for China
P ublic opinions in 24 countries — mostly rich nations — have grown more favorable of the United States than of China, according to the latest survey by the Washington-based Pew Research Center.
China’s durian demand sees Philippines score CIIE trade deal despite heated South China Sea dispute
China’s love for durian has skyrocketed in recent years, giving the world’s major producers in Southeast Asia a massive market to tap Agreement at China International Import Export will see more Philippine durians and papayas…
Ant Group gets green light from Beijing to release new AI products, built on its own large language model, to the public
The Chinese fintech giant said its Bailing large language model will also be used across its various operations to help the firm develop more innovative AI products.
Beijing Tries To Breathe New Life Into Its Belt And Road Initiative
Given the growing dissatisfaction among participants in China’s Belt and Road Initiative (BRI), Beijing had to feel pressure for some gesture at rejuvenation at this year’s summit. But while Chinese President Xi Jinping spoke glowingly…
Archbishop of Beijing to make return visit to Hong Kong
The Diocese of Hong Kong announced last week that Archbishop Joseph Li Shan of Beijing – the president of the Chinese Patriotic Catholic Association – would make a five-day visit to the city on 14…
Northeast China sees first major blizzard this season and forecasters warn of record snowfall
Northeastern China experienced its first major snowstorm of the season, shutting down transport hubs and closing schools across the region.
China’s BTC Digital Bolsters Bitcoin Mining Capability with 220 Units – Crypto Mining Making a Comeback?
BTC Digital, a Chinese Bitcoin mining firm with operations in the US, has announced the purchase of 220 mining machines.
Hong Kong welcomes spot crypto ETFs, won’t ‘let the U.S. have all the fun’
Officials in Hong Kong are moving toward regulations that would enable investment into spot exchange-traded fund (ETF) products built on crypto, with China increasingly seeking to reestablish a …