China

Finance & Economics

China Cuts Interest Rates

In the space of China’s economic system, which is currently the second largest in the world, an unexpected decision by the financial authorities was recorded in the form of lowering borrowing costs.

News

Xiaomi Presents First Flip Phone

Xiaomi on Friday, July 19, presented its first flip phone.

News

China to Intensify Support for Equipment Upgrades

Beijing intends to strengthen measures to support the implementation of the program for the modernization of equipment and trade in consumer goods.

Science & Technology

Huawei Collaborates With ZGCMC to Drive AI Adoption

Huawei Technologies has launched a partnership with Sichuan Zigong Conveying Machine Group Co (ZGCMC).

News

Xi Jinping to Unveil Vision for Chinese Economy

The head of the People’s Republic of China, Xi Jinping, will present his vision of the concept within which the development of the economic system of the Asian country should be carried out.

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China’s Economy Continues to Grow

The Chinese economy in the second quarter of the current year showed growth, the pace of which was lower than the dynamic expected by experts.

News

China’s Premier Positively Estimates Country’s Economy

Chinese Prime Minister Li Qiang estimates the current state of affairs in the space of the economic system of this Asian country in the context of a positive perception.

Science & Technology

ASML CEO Says World Needs Legacy China’s Chips

Chip buyers, including the German auto industry, are nowadays demanding older-generation computer microcircuits, in which chip manufacturers in China are actively investing.

Science & Technology

China’s Tech Boom Powers AI Career Coup

In China, the local artificial intelligence industry, which is currently on a trajectory of active growth, became the leader of the salary rating in the Asian country in the second quarter of 2024, shifting the financial sector from the position of leader.

News

People’s Bank of China Takes More Control Over Rates

The People’s Bank of China has tightened its control over interest rates, deciding to introduce a new mechanism to influence the cost of short-term borrowing.

Finance & Economics

China’s Demographic Situation Causes Economic Headwinds

China’s economic system, which is the second largest in the world, is currently in some sense struggling to recover amid a prolonged downturn in the local real estate sector and after a difficult period of the coronavirus pandemic, but this is not the whole list of problems on the path to the positive dynamic of […]

Science & Technology

China Leads Generative AI Patents Race

China has significantly outperformed other countries in the area of inventions using artificial intelligence, including such as chatbots.

Finance & Economics

China Faces Risks Amid Bond Market Bubble

Currently, there is a tendency in China, in which money flows rush into government bonds, the consequences of which are circumstances such as a sharp increase in the price index of these emission securities and a simultaneous drop in their yields to a level corresponding to a record low.

News

China’s Factory Activity Rises

In China, last month, an increase in the factory activity of local companies belonging to the private sector was recorded.

Finance & Economics

China’s Central Bank to Borrow Treasury Bonds From Primary Market

On Monday, July 1, the People’s Bank of China announced its intention to borrow treasury bonds from some traders in the primary market shortly.

News

Innotron to Invest $2.4 Billion in New Chip Plant

The controlling company of the largest Chinese chip manufacturer ChangXin Memory Technologies (CXMT) Inc. invests at least 17.1 billion yuan ($2.4 billion) in an advanced packaging plant in Shanghai that can be used to make AI memory.