China kept its benchmark lending rates unchanged on Monday for the sixth month in a row, locking in the one-year loan prime rate at 3.1% and the five-year …
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China to import more Indonesian products, foreign minister says
China is willing to import more Indonesian products, Foreign Minister Wang Yi told his Indonesian counterpart on Monday, describing the two countries as “defenders of economic globalisation and free …
India to put 12% temporary tariff on steel to curb cheap China imports, source says
India is set to impose a temporary tariff, known locally as safeguard duty, of 12% on steel imports, said a government source with direct knowledge of the matter, to try and curb a surge in…
China’s CATL launches new sodium-ion battery brand
China’s CATL on Monday launched a new brand for its sodium-ion batteries, Naxtra, which it said would go into mass production in December, and a second generation of its fast-charging battery for …
China Lives In 2050! Unveils First 10G Broadband Network with Huawei and China Unicom in Hebei
In a landmark technological breakthrough, China launched its first 10G broadband network on 20 April in Sunan County, Hebei Province. Powered by Huawei and China Unicom’s 50G-PON technology, the …
China launches world’s first 10G broadband network
China has launched its first 10G broadband network in Sunan County, Hebei Province, a collaborative effort by Huawei and China Unicom. This advancement promises download speeds up to 9,834 Mbps and …
Aramco Agrees With China’s BYD to Explore New EV Technology
Saudi Arabia’s state oil company and one of China’s main electric carmakers agreed to explore closer collaboration on new energy vehicle technology, a move that would bring the world’s biggest crude …
We learnt not to underestimate the ‘pace and magnitude’ of China’s tech progress: Portfolio manager
Vikas Pershad from M&G Investments says he is still constructive on Chinese equities and sees lots of opportunities in the technology hardware sectors. He adds that China is becoming self-sufficient …
Trump tariffs: China returns new ‘expensive’ Boeing aircraft as 125% import duty prevails on all US imports
A Boeing 737 Max, which was set to be added to the Xiamen Airlines fleet, returned to Boeing’s Seattle airbase after high tariffs of US imports into China prompted the higher costs of purchasing the…
China’s Export-Led Growth Exposes Economy to Steeper Tariff Hit
China’s stronger-than-expected growth in the first quarter masks a key vulnerability: a growing dependence on foreign demand, which increases the threat of a sharper economic hit as trade tensions …
At China auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla ‘killers’
More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the …
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U.S. chip controls will benefit China’s Nvidia rivals like Huawei: Analysts
The U.S. Commerce Department said last week that it would require export licenses for Nvidia’s H20 graphics processing units in a move that has halted the product’s sale to China. The move is expected …
