A Chinese oil and natural gas giant has made a major discovery in the energy-rich waters of the South China Sea. The 100-million-ton oil field is located in the Pearl River Basin near China’s …
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China is making it much easier for foreigners to use mobile pay
Foreign visitors to China can now spend up to $2,000 a year using the mobile app Alipay without having to register their ID, the app operator said Friday. Ant Group also announced that for …
Shenzhen goes above and under
To achieve greater development with limited land resources, Shenzhen has set its sights on the sky and underground.
China Prepares $27 Billion Chip Fund to Counter Growing US Restrictions, Bloomberg Reports
(Reuters) – China is in the process of raising more than $27 billion for its largest chip fund to date to accelerate the development of cutting-edge technologies to counter a U.S. campaign to thwart …
China’s February new yuan loans seen retreating from record high
China’s bank lending likely pulled back sharply in February from an all-time high in January due to seasonal factors, a Reuters poll showed, even as the central bank seeks to spur sluggish economic …
India Moves 10,000 More Troops to Restive China Border
India will deploy an additional 10,000 troops along the disputed border with China as the tensions between the two nuclear-weapon states continue.
China’s top court, prosecutors report surging cyberscams, stress protecting national security
China has reported large increases in arrests and cases of phone and internet scams last year, as leaders showcase the ruling Communist Party’s determination to safeguard national security and public …
China doubles down on manufacturing, leaving real estate behind
China revealed this week it aims to spend more than a billion dollars to bolster manufacturing and domestic tech in a bid to remain globally competitive.
China’s leaders have pledged to upgrade the economy. Why are investors so skeptical?
Chinese leaders have pledged to achieve an ambitious growth rate this year, while reshaping its economic model to focus on technology innovation.
Taiwan Urges China Not to Change ‘Status Quo’ Around Waters Near Kinmen Islands
TAIPEI (Reuters) – Taiwan’s Mainland Affairs Council on Friday urged China not to change the “status quo” around waters near Taiwan-controlled Kinmen islands by sending coast guard boats into …
Hong Kong unveils its second national security law, aligning city more closely with mainland China
Hong Kong’s government unveiled a new suite of powerful national security laws on Friday that critics and foreign governments warn could deepen the ongoing crackdown in the city and further undermine …
Shenzhen Was China’s Top NEV Production Hub for First Time Last Year
Shenzhen’s advantage lies in having the world’s most complete NEV ecosystem, Wei Fulei, director of the finance, taxation, trade, and industrial development center of the China Development Institute, …
China EV sales slow in January-February as competition intensifies
China’s pure electric vehicle sales slowed in January-February from the same period a year earlier, industry data showed on Friday, as competition intensified with market leader BYD heading a deeper …
