This 2022 photo shows a sensor from Hesai on top of a “robotaxi” autonomous vehicle developed by … [+] Baidu Apollo as it drives along a street in Shenzhen in China southern. (Photo ...
Tag: China
Economic And Corporate Profit Rebound Lifts Markets
China Last Night KraneShares Key News Asian equities were largely lower following a decline in US stocks, though China and Hong Kong had a strong day. Shanghai, Shenzhen, and Hong Kong all opened lowe...
Asia IPOs In U.S. Poised To Increase As Region’s Economies Recover, Nasdaq Vice Chairman Says
Huang Ping, the Chinese consul general in New York, rang the opening bell at the Nasdaq on Jan. 25. Courtesy of Nasdaq In 2019, the year before Covid upended global travel and business, the Nasdaq att...
Here Are All The U.S. Sanctions Against China
Topline China has been subjected to mounting U.S. sanctions in recent years—and tensions between the two countries have escalated over the past week after the Biden Administration shot down a suspecte...
Spy Balloon Part Of Worldwide Chinese Surveillance Program Meant To Evade Radar, Report Says
Topline The suspected Chinese surveillance balloon shot down Saturday afternoon by U.S. fighter jets over Myrtle Beach, South Carolina, is part of a worldwide Chinese program to spy on military bases ...
Yum China Provides A Look At China’s Consumer, Tik Tok Flip Flops On Food Delivery Launch
China Last Night KraneShares Key News Asian equities were largely higher overnight as Taiwan and South Korea outperformed while China, Hong Kong, Japan, Malaysia, and Thailand posted declines. Unfortu...
Did China Print Half a Trillion? – Trustnodes
While the money supply is contracting in both the United States and Europe, China’s printer is at full swing. It has added about 24 trillion CNY over last year, worth $3.5 trillion, bringing their M3 ...
Tesla Stock Rally Continues As China Market Share Shifts Now Favor Tesla: Analyst| Investor’s Business Daily
TSLA shares pared losses, edging higher Tuesday after data showed Tesla (TSLA) vehicle insurance registrations surged in China last week. In addition, a top analyst forecast Tesla demand would grow as...
Tool Maker’s IPO Mints China’s Latest Billionaire
A woman walks down a flight of stairs at the Shenzhen Stock Exchange in 2019. Photographer: Qilai … [+] Shen/Bloomberg © 2019 Bloomberg Finance LP Today’s listing at the Shenzhen Stock Exchange ...
Yum China Profit Plunged 89% In 4th Qtr As Covid Wave Hurt Spending
A Pizza Hut and a KFC restaurant operated by Yum China in Shanghai last year. Photographer: Qilai … [+] Shen/Bloomberg © 2021 Bloomberg Finance LP Widespread Covid outbreaks in mainland China in...
U.S. Navy Releases First Official Photos Of Chinese Spy Balloon In Atlantic Ocean
Sailors assigned to Explosive Ordnance Disposal Group 2 recover a high-altitude surveillance balloon … [+] off the coast of Myrtle Beach, South Carolina, Feb. 5, 2023. DVIDS / U.S. Navy Photo by...
Pentagon Warns China Has More Nuclear Missile Launchers Than U.S. But There’s One Big Catch
Maxar satellite imagery of a missile silo being constructed under inflatable domes at a training … [+] area in north-central China. Satellite image (c) 2021 Maxar Technologies. DigitalGlobe/Gett...
Remarkably And Counterintuitively, Data Shows 2022 Was Extremely Good For Trade
President Joe Biden and his predecessor, President Donald Trump, have had trade policies that … [+] include massive tariffs on Chinese imports. AFP via Getty Images U.S. merchandise trade topped...
The Missed Opportunities for China
A Missed Opportunity While China moves forward with its CBDC efforts, it still imposes a complete ban on all cryptocurrency-related operations. Huang Yiping, former advisor to China’s central bank, su...
China Doles Out Free Digital Yuan During New Year To Boost Adoption
Join Our Telegram channel to stay up to date on breaking news coverage Chinese cities have announced the launch of various digital yuan initiatives worth more than 180 million yuan ($26.6 million) to ...
China Luxury Goods Market Poised To Recover, Bain Says
Pedestrians holding umbrellas walk past a Gucci luxury goods store, operated by Kering SA, in … [+] Shanghai in 2015. Photographer: Qilai Shen/Bloomberg © 2015 Bloomberg Finance LP China’s luxur...
Trump Officials Admit Chinese Spy Balloons Flew Over U.S. During Previous Administration According To Latest Report
File photo of Donald Trump arriving at the airport before visiting the Carrier air conditioning and … [+] heating company in Indianapolis, Indiana on December 1, 2016. (Photo by TIMOTHY A. CLARY...
China Distributes e-CNY Worth $26.5 million To Promote CBDC
A recent report from Global Times China, a state-directed media outfit, reveals that a number of Chinese cities participated in a campaign to promote the country’s Central Bank Digital Currency,...
Disney Drops ‘Simpsons’ Episode In Hong Kong Alluding To ‘Forced Labor’ In China
Topline Disney took down a Simpsons episode poking fun at Chinese human rights abuses from its Disney+ streaming service in Hong Kong, according to several reports Monday, as the entertainment giant a...
China Distributes CBDC during Lunar New Year Holidays to Enhance Adoption
Apart from the Lunar New Year activities, the Chinese government has been taking steps to improve the use of its CBDC. During the Lunar New Year season, the Chinese government distributed millions of ...
China Launch Activities to Reiterate Digital Yuan’s Usage
China organises extra curricular activities to boost CBDCs adoption. Senior ruling party official says CBDCs adoption is decreasing. Over 180 million yuan worth $26.6 million were distributed in se...
Stop Fighting And Build The Light Amphibious Warship
LAWs may change the shape and size of America’s amphibious assault fleet Getty Images If the U.S. Navy fights China half as hard as it is currently fighting the U.S. Marine Corps over the Light ...
Digital Yuan Gifts In China During Holiday To Increase Adoption, Report Says
Recent events in China indicate the country’s paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a significant part of the Chinese currency through its rapid dev...
China Promotes CBDC Through Millions of Digital Yuan Giveaway
2 hours ago | 2 mins read Editors News Over $26.5 million (or 180 million yuan) in CBDC was apparently distributed. Citizens in Hangzhou spent the e-CNY distributed in only 9 seconds. Over the Lunar N...
China Pushes CBDC Mass Adoption During Holidays
In an effort to increase adoption, China’s central bank digital currency (CBDC), commonly referred to as the digital yuan, was promoted during the Lunar New Year. According to a report by the Global T...
China urges calm after U.S. shoots down suspected spy balloon
“What I want to emphasize regarding this unexpected accident is that both sides, especially the U.S., should remain calm,” said China’s Ministry of Foreign Affairs spokesperson Mao N...
Balloon Controversy Threatens to Deepen China Stock Losses
(Bloomberg) — Chinese stocks extended losses as tension with the US over a suspected spy balloon triggered fears of economic retaliation by the Biden administration. Most Read from Bloomberg REA...
China gives away digital Yuan (e-CNY) worth million to boost adoption
Chinese cities have launched digital yuan (e-CNY) activities worth over $26.6 million (180 million yuan) to promote its adoption. During the Spring Festival, nearly 200 digital yuan activities were la...
China doles out millions in digital yuan in bid to boost adoption: Report
Millions of dollars worth of China’s central bank digital currency (CBDC) has been handed out across the country over the Lunar New Year period in a bid to boost its takeup. According to a Feb. 6 repo...
Tesla stock target raised as China demand swings to a ‘tailwind’
Shares of Tesla Inc. rallied toward a three-month high Monday, after Wedbush raised its price target, saying China demand has swung to a “tailwind” from a “headwind.” The stock TSLA, +2.11% climbed as...