China has given approval for Qatar’s sovereign wealth fund to acquire a stake of 10% in its second-largest mutual fund company, the first such investment in the sector by a major Middle East investor …
Tagged By covid-19
China lowers deposit rate ceiling to protect banks’ interest margins, sources say
China has lowered the ceiling of deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks’ profit margins and discourage savings.
U.S., China hold first call since Geneva meeting, signaling progress in trade talks
The U.S. and China have agreed to maintain communication. The call came as Beijing and Washington continued to trade swipes at each other. Analysts say that the call is a “positive sign” following the …
Analysts downgrade China’s property price outlook in 2025 as trade tensions pose fresh risk: Reuters poll
Weakness in China’s property sector is expected to persist this year with home prices falling nearly 5% and set to remain stagnant in 2026, as low confidence continues to keep buyers at bay while the…
Beijing sees a ‘victory’ with the US tariffs truce. What’s it aiming for next?
A surprise truce in a spiraling tariff war between the US and China last week was hailed by Chinese pundits as a success for the country. But Beijing is gearing up for a rocky path…
China says U.S. dialogue to continue as Beijing hints trade talks are advancing
The U.S. and China have agreed to maintain communication. Both sides exchanged thoughts on crucial issues. The call came as Beijing and Washington continued to trade swipes at each other. The U.S. and …
U.S. reports cases of new COVID variant NB.1.8.1 behind surge in China
Preliminary data from researchers in China suggest the NB.1.8.1 variant is not better at evading the immune system compared to other strains on the rise, but it does have a greater ability to bind to…
Beijing remains consistent, firm despite impulsive levies
The primary architect and advocate of the extraordinarily reckless White House tariff project — widely labeled a “tariff tantrum” by leading Western media outlets — is Peter Navarro, key adviser to US …
AI hardware start-ups get fresh boost in Shenzhen with launch of US$1 billion funds
The Shenzhen government has launched funds of 5 billion yuan and 2 billion yuan dedicated to AI and robotics start-ups at the city’s AI expo China’s southern technology hub of Shenzhen is ramping up …
Cultural fair highlights link to tech innovations
The core exhibition area of the fair, which presents outstanding cultural and creative products from across China, has been expanded to 3,000 square meters. A separate AI pavilion displays the latest …
China’s Xiaomi to start selling YU7 in July, a rival to Tesla’s Model Y
Xiaomi will start selling its YU7 electric vehicle, in July, founder and CEO Lei Jun said on Thursday, disclosing the launch date of an SUV analysts say will be the strongest rival in China to…
In Trump Era, Taiwan Defense Chief Says U.S. Still Is a Check on China
Wellington Koo says the Trump administration has a shared interest in security in the region, but Taiwan must also ready its own forces for asymmetric warfare.
World biz representatives call for multilateralism at key trade summit in Beijing, praising China’s opening-up efforts amid global headwinds
World business representatives gathered in Beijing on Thursday for the Global Trade and Investment Promotion Summit 2025, where they voiced strong support for multilateralism and a rules-based trading …
