Bank of China’s vice president said on Wednesday that the bank’s asset quality is still under pressure, as bad loans from personal business loans and mortgages grew.
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Bank of China’s 2024 profit rises 2.6%
Bank of China beat forecasts on Wednesday with a 2.6% rise in 2024 net profit, according to a filing. Profit climbed to 237.84 billion yuan ($32.74 billion) from 231.90 billion yuan in 2023, the bank…
China Flies Next-Generation Fighter After Trump Announces US F-47 Jet
Two Chinese fighter prototypes were seen flying for the first time on Boxing Day, including the J-36, that has been spotted twice in the last two weeks.
India-China direct flight soon? Chinese envoy signals warming ties, says ‘spring of relations is arriving’
Direct flights between India and China were suspended in early 2020 following the outbreak of the Covid-19 pandemic, as both countries imposed strict international travel restrictions.
China Sends Ominous Warning to US Ally: ‘Playing With Fire’
China said that military cooperation between the Philippines and other countries should not target any third party.
China’s artificial intelligence boom might help mitigate some tariff pain
For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump’s first and second terms is generative artificial intelligence.
Lao Airlines to start operating a C909 jet as China’s COMAC expands internationally
Government-owned Lao Airlines is set to start operating COMAC’s C909 regional jet, a spokesperson for the country’s flag carrier said, joining several other Southeast Asian nations preparing to add …
Beijing residents shaken in their beds by 4.5 magnitude quake
A light earthquake rattled Beijing overnight, waking residents and sending students rushing from their dorms as videos of shaking living rooms went viral on Chinese social media on Wednesday.
China urges US to stop viewing China through ‘hegemonic mentality’
China’s foreign ministry on Wednesday urged the United States to stop thinking of China through its own “hegemonic mentality,” in response to the U.S. calling China the top military and cyber threat.
China has ‘very big’ policy room to spur growth, central bank adviser says
China wields significant policy room to stimulate its economy this year while some reform was needed to boost consumption, Huang Yiping, an advisor to China’s central bank and a professor at Peking …
China to expand carbon trading market to steel, cement and aluminium
China released plans on Wednesday to expand its carbon trading market into the steel, cement and aluminium smelting industries, a move that will force another 1,500 firms to buy credits to cover their …
Nvidia’s China sales face threat from Beijing’s environmental curbs
Nvidia has increasingly been caught in the crosshairs of Chinese regulators. The State Administration for Market Regulation launched an antitrust probe in December, digging into whether Nvidia pulled …
Pakistan, China in talks about security issues Chinese nationals face
Pakistan and China are in discussions about the security threats that Chinese nationals face in the South Asian country, Pakistan’s ambassador to China said on Wednesday.
