Workers speak out about the impact of wage cuts in the finance sector in China, while simultaneous hikes to public sector pay packets leaves many people confused.
Tagged By china
US promises first-ever crypto summit as ‘golden age’ is threatened by Trump’s tariff threats
The first-of-its-kind cryptocurrency summit is set to be held at the White House on Friday, as President Donald Trump‘s tariff threats have contributed to about $400 billion being wiped out of the …
Weekly crypto recap: Bitcoin loses key support level, IP leads altcoin gains
Bitcoin broke below its multi-month support level at $90,000 and wiped out mostly all of the gains accrued in the post-election rally that began in November after President Donald Trump won the 2024 …
Deepseek AI Takes Root In China’s Banks
State-owned giants Postal Savings Bank and Industrial and Commercial Bank of China (ICBC), as well as regional lenders Bank of Jiangsu, Bank of Nanjing, Haain Rural Commercial Bank, and Bank of …
China accuses US of ‘blackmail’ after Trump warns of increased tariffs
China’s officials condemned President Trump for his decision to add a 10 percent tariff on Chinese imports over the country’s alleged complicity in the international smuggling of fentanyl, a
China vows ‘all necessary measures’ against new U.S. tariffs
Beijing’s reaction came hours after President Donald Trump announced an additional 10% tariff would take effect March 4.
China’s DeepSeek claims theoretical cost-profit ratio of 545% per day
Chinese AI startup DeepSeek on Saturday disclosed some cost and revenue data related to its hit V3 and R1 models, claiming a theoretical cost-profit ratio of up to 545% per day, though it cautioned …
China’s M&A deals to rise from decade-low as DeepSeek, AI spur interest, experts say
PwC said M&A could grow at a double-digit pace, while French investment bank Natixis said a 10 to 15 per cent increase would be a safe bet. The catalysts could come from demand fo …
Look Out McDonald’s And KFC: Here Comes China’s Alan Song
China’s largest restaurant chains aren’t as well-known globally as McDonald’s and KFC. Yet one of the country’s most successful venture capitalists thinks their international heft will increase over time, pointing to an important trend for…
U.S. IPO Weekly Recap: Small Asia-Based Names List, As TV Adtech MNTN And Others Join The Pipeline
Inflammation biotech Apimeds Pharmaceuticals US ( APUS) is tentatively scheduled to raise $20 million at a $58 million market cap. The company is developing Apitox, an intradermally administered bee …
China’s Feb second-hand home prices narrows for seventh straight month, report says
The average price of second-hand residential properties across 100 Chinese cities fell by 0.4% month-on-month in February, according to a report by a Chinese real estate research institute, narrowing …
China national coal association proposes import, production controls
China’s national coal association on Friday issued a statement to members proposing controls on coal production and imports of low-calorie, low-quality coal amid weak demand and high inventories.
China February manufacturing hits 3-month high, but US tariff war clouds outlook
China’s manufacturing activity expanded at the fastest pace in three months in February as new orders and higher purchase volumes led to a solid rise in production, an official factory survey showed …
ADVERTISEMENT
