(Reuters) -British consumer healthcare company Haleon said on Friday it has agreed to increase its stake in its Chinese joint venture to 88% from 55% for 4.47 billion yuan ($637.35 million). The joint …
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Bitcoin Prices Show Positive 30-Day Correlation With China’s Central Bank Balance Sheet
The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.
Musk’s Robots Are Too Friendly, China’s Are Armed And Dangerous: GOP Senator
China’s humanoid robots may soon be “infiltrating our businesses, schools, communities and homes,” a Republican senator has warned.
China’s Nuclear-Submarine Mishap Points to Challenge of Catching Up With U.S.
Building a potent nuclear submarine force would help China tighten control over its peripheral waters and improve its ability to seize Taiwan.
LG’s China LCD plant sold for $1.5 billion — focus moves to OLED
Once a thriving business to replace the traditional CRT displays from the top of our desks, the LCD technology is seemingly now a liability for South Korean companies like LG and Samsung. This week LG…
China’s driverless heavy-haul train completes trial run
With the wide application of driverless technology, the average running speed of the heavy-haul trains is expected to increase by 1.7 kilometers per hour, while the traction energy consumption is …
China Shock 2.0: As Xi Jinping weaponises trade, the world looks unsettled
China’s trade surplus saw a significant increase at the pandemic’s onset, driven by a spike in exports of medical equipment and a global shift towards goods over services due to social distancing meas …
Alibaba, JD among surging Chinese stocks after Beijing offers stimulus to economy
Chinese stocks surge after government stimulus measures. Alibaba, JD.com, Baidu, and others see significant gains.
China’s Newest Nuclear Submarine ‘Sinks’ in Blow to its Ambitious Military Plans
Beijing: China’s ambitious plans to modernize its naval and military power have encountered a significant blow after its newest state-of-the-art nuclear submarine sank at a dock in Wuhan last year, as …
China’s FX conundrum mutes stimulus optimism: McGeever
It’s safe to say that the timing and scale of the stimulus measures unleashed by China this week were, in large part, prompted by the U.S. Federal Reserve’s jumbo-sized interest rate cut only a few…
AIIB adds new member as development bank emarks on grand global mission
Micronesian island of Nauru named as the 110th member of the Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) on Thursday.
US rate cut, China stimulus spark hope for more Asia private equity deals
U.S. interest rate cuts and China’s economic stimulus package for markets will be conducive to private equity deals in Asia, with lower funding costs and better market sentiment expected to make exits …
Exclusive-Shanghai, Shenzhen to lift key home purchase curbs to boost demand, sources say
Top Chinese cities Shanghai and Shenzhen are planning to lift key remaining restrictions on home purchases to attract potential buyers and shore up their flagging real estate markets, four sources …
