CXMT is stoking fears that its blockbuster stock market debut could pull cash from China’s equities.
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China braces for heavy rain as tropical storm Noul edges closer
HONG KONG, July 24 (Reuters) – China on Friday warned of heavy rain and severe flood risks as the third tropical cyclone this month tracked closer to the country’s southern coast, where it is expected…
China’s gold imports surge as international prices slump
Gold purchases climb for a third straight month to about 173 tonnes, the highest since March 2024, as the yuan strengthens.
World Bank confirms plan to phase out China lending by 2031
The World Bank on Thursday confirmed that it plans to phase out its lending to China by 2031, according to the organization’s new country partnership framework (CPF) for the world’s second-largest …
Trump Says ‘We’re Leading China’ in Crypto, But Beijing Would ‘Love to Take That Over’
President Donald Trump reiterated on Thursday that the U.S. must lead in cryptocurrency or risk ceding dominance to China. ‘America First’ in Crypto During the Ratepayer Protection Pledge event, …
What is China’s Kimi K3 and why is the US so rattled by it?
Remember DeepSeek? The Chinese artificial intelligence startup that rattled the US tech industry. China may have done it again.
China’s Gold Imports Surge After International Prices Slump
Chinese gold imports rose to a two-year high in June, underscoring resilient demand in the world’s biggest bullion market after a plunge in international prices.
China to conduct 500b-yuan MLF operation to sustain banking liquidity
BEIJING – The People’s Bank of China on Thursday announced that it will carry out a 500-billion-yuan ($73.6 billion) one-year medium-term lending facility (MLF) operation on Friday, aiming to maintain …
China’s largest memory chipmaker sparks fears of a cash drain before blockbuster IPO
CXMT’s massive listing is prompting investors to raise cash, fueling concerns over a temporary market liquidity drain. Analysts say the IPO is amplifying China’s tech sell-off, amid a broader global …
China Rewrites the ‘Soft Power’ Playbook for the A.I. Age
In a speech last week, China’s leader, Xi Jinping, described so-called open-source A.I. as key to China’s ambitions to shape the global development of the technology. Mr. Xi hailed open-sourcing, in …
Inside China’s All-Out Push to Catch Up With American AI Chips
Xi confidant leads fevered effort for domestic alternatives to win AI race. Chinese AI companies get warned that anyone who resisted using local chips was a traitor.
PLA conducts live-fire drills in Taiwan Strait after Beijing calls Lai speech ‘reckless’
Beginning of exercise coincides with completion of Beijing’s fisheries resources survey conducted in waters east of Taiwan Beijing launched a two-day live-fire drill in the Taiwan Strait on Thursday, …
China is gaining troubling military know-how from Russia
T he help China gives Russia in the war in Ukraine has long caused dismay in Western countries. Exports of ostensibly civilian components such as engines and electronics end up in …
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