President-elect Donald Trump’s pick of Scott Bessent as Treasury secretary may give Beijing room to negotiate with the US over their trade tensions, in part due to his moderate stance on tariffs.
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China Unicom Beijing, Huawei deploy large-scale 5G-Advanced intelligent network
Wireless operator China Unicom Beijing and equipment provider Huawei have deployed what they claim is the world’s first large-scale integrated 5G-Advanced intelligent network. According to Huawei, the …
Chinese startups suffer as IPO freeze prompts investors to exercise redemption rights
IPO freeze, economic issues lead to rise in redemption requests … “If it hadn’t been for the three-year pandemic, we might really be on the Beijing Stock Exchange by now,” Ma said. A slump in…
Robust growth dispels myths about China’s consumption
In the first half, GDP grew at a rate of 5 percent year-on-year, while retail sales rose 3.7 percent. Despite this, the outlook for Chinese consumption remains mixed, with some warning that the …
New coating can make China’s stealth aircraft invisible to anti-stealth radar: study
Chinese military scientists have achieved the impossible with a new stealth material that can defeat anti-stealth radar The Chinese military has unveiled a stealth material capable of blinding …
Chinese exports will hit record this year before Donald Trump’s second term
Export growth will accelerate to 7 per cent in the final three months from the same period last year, according to the median forecast of analysts surveyed by Bloomberg …
Thailand, the “Detroit of Southeast Asia” is at the forefront of China’s battle for the global auto market
He’s part of a growing number of Thai drivers buying EVs sold by Chinese car companies but made in Thailand, a nation that’s become one of the front lines in the global battle for auto-market…
Analysis-Chinese Startups Suffer as IPO Freeze Prompts Investors to Exercise Redemption Rights
In August last year, Zibo Tianheng New Nanomaterials Technology said failure to conduct an IPO by the end of 2023 could trigger redemption requests from investors Luxin Capital and Zibo Hightech …
China Keeps Policy Loan Rate Unchanged for Second Month
China’s central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up monetary stimulus.
China exports to hit record this year before second Trump term
“In the next few months, Chinese exports might benefit from panic-stockpiling by foreign companies,” said Erica Tay, an economist with Maybank Investment Banking Group. “The spectre of a trade war …
China investors digest another letdown from big tech earnings
FROM Tencent Holdings to Alibaba Group Holding, China’s tech leaders delivered underwhelming numbers for a quarter beset by economic and geopolitical uncertainty. Whether or not they can win back …
China develops recoil-free AK-47 for drones to advance unmanned warfare
Chinese researchers have successfully developed an automatic rifle with near-zero recoil, making it compatible for use on a wide range of drones.
Canaan Inc. (CAN): $73.6 Million Revenue and Strategic Expansion in Blockchain Mining
chips and systems for blockchain-related applications. The company also engages in the design, research, and sale of Integrated circuits (IC) and leases mining equipment by integrating IC products for …
