The renewable energy arm of China Resources Power Holdings is issuing 2.11 billion shares at 10.11 yuan each, according to filings. If the overallotment option is fully exercised, China Resources New …
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Return to the top: China’s LineShine beats US El Capitan in Top500 supercomputer rankings
Built in Shenzhen, it regained the world’s fastest supercomputer crown for China since Sunway TaihuLight’s achievement in 2017 China has reclaimed the world’s fastest supercomputer crown for the first …
China is luring the world to the yuan—and hobbling Western sanctions
Iran and Russia have used the currency to carry out oil sales and other trade, evading controls on dollar transactions.
China Weakens Yuan Fixing for Fourth Session as Dollar Advances
China’s central bank set the daily guidance rate for the yuan weaker for a fourth straight session, showing flexibility in the currency management to the US dollar’s advance.
Lutnick threatens action on Chinese state-subsidized robotics imports a day after Beijing’s rare earth retaliation
Commerce Secretary Howard Lutnick told business leaders at a private roundtable on Monday that the Commerce Department is reviewing Chinese state-subsidized robotics imports and could take action once …
Dense ecosystem sees Beijing emerge as China’s AI capital
Han Yaqi, branding head of the company that operates Beijing AI Genesis Community, one of Beijing’s growing networks of artificial intelligence startup hubs, said, “Sometimes you come here for a cup …
China, Philippines in naval head-to-head near Scarborough Shoal
By IntelliNews Chinese and Philippine naval vessels were involved in a rare stand-off near the disputed Scarborough Shoal on June 20, according to Philippine media reports cited by the South China …
Chinese warships arrive in Russia as tensions simmer in Pacific
The partners have stepped up joint naval training and patrols in a challenge to U.S. military dominance in the Pacific.
Supreme Court kills suit claiming Cisco’s technology helped China persecute Falun Gong members
The Supreme Court has granted tech giant Cisco’s bid to shut down a lawsuit claiming that the company’s technology was used to persecute members of the Falun Gong spiritual movement in China.
China’s space plane appears to have released a mystery object in orbit
“This activity is consistent with sub-satellite deployments conducted by the space plane in previous missions,” private space surveillance company LeoLabs wrote after detecting the object.
China’s newest aircraft carrier sails through the Taiwan Strait
The Fujian carrier first sailed through the narrow body of water separating China and Taiwan in a trial run last September. It later transited the strait for the first time as a fully commissioned …
China shows aircraft carrier’s dangerous encounter with Japanese warship
China accused Japan of provocative maneuvers during the carrier group’s deployment.
China Resources New Energy draws $943 billion in retail bids for biggest Shenzhen IPO
By Yantoultra Ngui SINGAPORE, June 23 (Reuters) – China Resources New Energy’s Shenzhen IPO drew about 6.4 trillion yuan ($943.2 billion) in bids from retail investors, a filing showed on Tuesday, as …
