CHINA Aviation Oil (CAO) reported a 8.1 per cent fall in net profit to US$36 million for the second half ended Dec 31, from US$39.1 million in the previous corresponding period. Read more at The…
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Trump threatens to double tariffs on China and says punishing Mexico and Canada tariffs will go into effect March 4
President Donald Trump said Thursday tariffs of 25% on Mexican and Canadian goods are set to take effect on March 4, while also threatening to impose an additional 10% on Chinese imports on the same…
China avoiding US markets? Fewer homegrown firms now going for IPO on NY stock exchanges
A record number of Chinese firms got listed on US stock exchanges in 2024. Public records show 61 Chinese firms floated their stocks on US exchanges last year, considerably up from 37 in 2023 …
China’s 22,370-mile declassified spy satellite alarms US after 18-month secret reveal
This high-altitude system significantly surpasses US radar satellites, which remain confined to low Earth orbit. The project, led by senior engineer Ni Chong at the China Academy of Space Technology …
‘No need to overthink’: China Tesla fans unfazed by Musk politics
Tesla founder Elon Musk’s role in the Trump administration has risked isolating the firm’s traditionally liberal customers in its home market but consumers in US trade rival China seemed largely …
China’s Baidu, CATL to jointly develop ‘competitive’ driverless vehicles
China’s Baidu and electric vehicle battery giant CATL will jointly explore the development of “competitive” driverless vehicles and innovative business models, the companies said on Thursday.
Trump’s Harsh Tariffs on China Could Backfire on the US Economy
The US government has been placing heavy tariffs on goods coming from China for several years now. These extra taxes on imports started during Trump’s first term as president and were largely …
Hedge funds bet on turnaround in unloved China property sector
Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating lucrative returns when the sector recovers from its prolonged crisis.
Contract drug makers urge govt to ease rules, reduce reliance on China
India’s contract drug makers have urged the government to remove regulatory hurdles and grant faster clearance to vital raw material imports at a time when many global pharmaceutical firms are …
China urges US to halt tariff probe into copper imports
China’s commerce ministry on Thursday urged the United States to halt its tariff probe into copper imports as soon as possible, vowing to resolutely oppose it if U.S. goes ahead with the action.
CHINA UNICOM, ZTE Sink 6%+ Amid Notable Downtrend in CN Telecoms
Today (27th), the HSI surged past the 24,000 psychological mark before retreating amid pressure. Chinese telecom stocks faced hefty selling pressure. CHINA UNICOM (00762.HK) opened higher at $10.16 …
China declassifies tech of world’s first high orbit radar satellite, worrying US
Disclosures about surveillance satellite Ludi Tance 4-01confirm numerous breakthroughs in sensitive, electronic warfare-related technology After 18 months of eye-in-the-sky secrecy, Chinese scientists …
National high-tech zones host two-thirds of China’s unicorn firms
The country’s 178 national high-tech industrial development zones were home to approximately 67 percent of China’s unicorn firms by the end of 2024, the ministry told a press conference on Wednesday.
