The Chinese real estate market has remained cold during the three-day Dragon Boat Festival despite cities lowered the floor on mortgage rates for buyers after the central bank cut the loan prime rate.
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China home sales require more easing to escape ‘current malaise’, analysts say
Among 13 cities selected by China Index Academy, one of the country’s largest independent real estate researchers, home sales by gross floor area rose 18.5 per cent in June compared to the previous …
AI to drive China’s new wave of tech revolution, industrial transformation, People’s Daily says
People’s Daily, the mouthpiece newspaper of the ruling Communist Party, vows to intensify efforts to unleash the potential of artificial general intelligence in China.
Influencers under fire for promoting Shein’s China factory amid abuse allegations
Shein is under fire for promoting one of its Chinese factories in a new video just months after facing allegations for exploitive factory conditions.
The Shein influencer doubled down on her defense of the fast-fashion brand despite its history of labor abuses: ‘If you think it’s propaganda, that’s cool’
In a now-deleted TikTok, influencer Dani DMC says she has “so much more awareness of what’s going on behind the scenes than any of you ever could.” …
China Looking to Become Artificial Intelligence Global Leader, Report Says
The United States leads China in innovative national security technology and industrial might, but Beijing is rushing ahead in areas like artificial intelligence, where it feels it can be a global …
The world’s largest wind turbine is now being installed in China
The installation of a 16 megawatt wind turbine – the world’s largest – is taking place off China’s southeastern coast.
China’s ‘Volt Typhoon’ APT Turns to Zoho ManageEngine for Fresh Cyberattacks
A recent campaign shows that the politically motivated threat actor has more tricks up its sleeve than previously known, targeting a critical exploit and wiping logs to cover their tracks.
As MWC Shanghai 2023 approaches, what insights can we gain from China’s 5G development to date?
China has built or upgraded more than 2.7 million 5G base stations, accounting for 24.5% of the overall mobile base stations nationwide.
China now tops world in this key auto category
AlixPartners’ closely watched auto forecast puts a big emphasis on China’s auto growth and its potential to disrupt the rest of the industry.
China’s move to control the blockchain
On the mainland, Beijing has banned global crypto networks while developing and promoting more versions of next-generation monetary technology that provide greater control to Communist Party’s government.
Investor outflows from China jump as S&P cuts 2023 and 2024 economic growth forecasts
S&P now sees a 5.2% expansion in 2023, down from its earlier forecast of 5.5%, and 4.7% growth in 2024, down from a 5% view.
Beijing residents experience multi-day record temperatures
The heat wave in Beijing has set a multi-day temperature record. The capital city of China recorded temperatures above 104 degrees Fahrenheit for three days straight.