Search engine behemoth Baidu has been granted official permission to roll out its driverless commercial robotaxis in Wuhan and Chongqing. Baidu appears set to operate fully driverless commercial robot...
Tag: Chinas
China’s trade with Africa gets boost from rising commodity prices despite impact of Covid controls
Trade between China and Africa grew by 16.6 per cent to US$137.4 billion in the first half of this year, boosted by a recovery in commodity prices, especially oil. China imported goods worth US$60.6 b...
China’s Problem Isn’t Nancy Pelosi —It’s Turning Japanese
A staff member counts yuan notes deposited by customers at a bank in Haian, East China’s Jiangsu Province, July 12, 2022. CFOTO/Future Publishing via Getty Images Xi Jinping has a growing list o...
China’s ‘Zero Covid’ Mess Is Infecting Asia’s Economies
Chinese President Xi Jinping inspects the Chinese People’s Liberation Army PLA Garrison in Hong Kong on July 1, 2022. Li Gang/Xinhua via Getty Images Ten years of President Xi Jinping trying to ...
Jack Ma Reportedly Set To Relinquish Control Of Ant Group After China’s Tech Crackdown
Topline Tech billionaire Jack Ma will reportedly give up control of Chinese fintech major Ant Group as part of an effort to ease regulatory concerns around the company, the Wall Street Journal reporte...
China’s property sales set for a worse plunge than in 2008, S&P says
Most apartments in China are sold before developers finish building them. Pictured here on June 18, 2022, are people selecting apartments at a development in Huai’an, Jiangsu province, near Shan...
Why Taiwan’s Foxconn Is Investing $800 Million In China’s Chip Champion
Getty Taiwanese manufacturing giant Foxconn plans to invest about $800 million in Chinese chip conglomerate Tsinghua Unigroup, a move that will further expose the world’s largest contract assembler of...
China’s Clean Energy Push Grows, Week In Review
China Last Night KraneShares Week in Review Asian equities started the week on a strong note except for Japan, which was off for Marine Day, a national holiday meant to give thanks for the ocean’s bou...
China’s Xi wishes Biden a ‘speedy recovery’ from Covid
Pictured here is a news broadcast in China of President Xi Jinping during a virtual summit with U.S. President Joe Biden in November 2021. Kevin Frayer | Getty Images News | Getty Images BEIJING — Chi...
Biden says he expects to speak with China’s Xi in 10 days
U.S. President Joe Biden spoke with media on July 20, 2022, after disembarking Air Force One at Joint Base Andrews in Maryland. Brendan Smialowski | Afp | Getty Images BEIJING — U.S. President Joe Bid...
China’s latest spike in Covid cases strands tourists and restricts travel
The western province of Gansu is one of the hardest hit by China’s summer Covid outbreak. Pictured here is a Red Cross volunteer spraying disinfectant in Dingxi, Gansu. Vcg | Visual China Group ...
debt plagues young people despite China’s scrutiny of fintech microloans
Gary Wang, 25, could not pay for all his purchases, but he kept buying anyway. The smartphones and clothes that appeared on the Chinese apps he used for watching short videos or ordering takeaways see...
China’s Domestic Tourism Shrinks Amid Covid Lockdowns
The Great Wall of China has long been a popular tourist attraction in the country. (AP Photo/Ng Han … [+] Guan) Copyright 2020 The Associated Press. All rights reserved. A global focus of China’...
China’s Second-Quarter GDP Growth Plunges To Less Than 1% On Covid Hit
Health workers in protective gear walk out from a cordoned area after spraying disinfectant in Shanghai’s Huangpu district on January 27, 2021. STR/AFP via Getty Images China’s economic growth s...
China’s Economic Growth Sees Major Slump Following Months Of Stringent Covid Lockdowns
Topline China’s economy witnessed a major slowdown in growth in the second quarter of 2022, according to official data published on Friday, an outcome that is likely to raise fresh questions about the...
China’s messaging app WeChat seeks to ban misleading crypto promotion
Following China’s most popular instant messaging and calling app WeChat banning all cryptocurrency-related accounts in the midst of the Chinese government’s crypto crackdown, the messaging app is now ...
Luxury Takes Center Stage At China’s Fourth Busiest Airport You’ve Probably Never Heard Of
Chongqing Airport in China serves a large municipality of over 30 million inhabitants. (Photo by He … [+] Penglei/China News Service via Getty Images) China News Service via Getty Images More Ch...
China’s Plunging Markets Flash Fresh Warning Signs on Economy
(Bloomberg) — Chinese financial markets are flashing warning signs that another round of Covid shutdowns could create more turmoil for the economy. Most Read from Bloomberg The Hang Seng China E...
NIO stock gains as China’s Ministry offers tax breaks for new EV owners
Over the past weekend, China introduced new Covid-19 restrictions, which had a negative effect on electric vehicle (EV) makers’ stocks on Monday. NIO Inc.’s stock (NYSE: NIO) slid 3.2%, Xpeng Inc. sha...
US Targets China’s Largest Chipmaker After Huawei To Check Growing Chip Dominance
Reuters Videos Four stabbed at major Shanghai hospital STORY: Officers raced to the more than 100-year-old Ruijin Hospital on Saturday morning after receiving calls about an attack, police said.Videos...
EVs Help China’s Geely Auto Rebound In June; Stock Gains 6.7% In Hong Kong
Li Shufu, chairman of Zhejiang Geely Holding Group Co., in 2018. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Automobile Holdings, a China automaker controlled by billionaire L...
Bank of England’s vision for the digital pound differs from China’s model
Bank of England (BoE) Deputy Governor Jon Cunliffe said the digital pound would likely operate as an account-managed instrument at the “trade level,” instead of a direct to retail user currency, Bloom...
China’s Auto Sales Are Booming. Can the Rebound Last?
Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...
China’s Liu He, US Treasury Secretary Janet Yellen hold virtual talks
Chinese Vice Premier Liu He represented his country in the signing of a trade agreement with the U.S. in January 2020.C Saul Loeb | AFP | Getty Images BEIJING — China’s Vice Premier Liu He and U...
China’s Assault On European Electric Car Market Gathers Momentum
MG ZS electric vehicle (Photo by Vachira Vachira/NurPhoto via Getty Images) NurPhoto via Getty Images China’s long-term plans to conquer the European electric car market aren’t causing many headlines ...
Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data
This is especially true if they can leverage this with investors to juice a funding round. At one time, China was home to nearly 35,000 blockchain companies, according to publicly available corporate ...