China - page 13

Apple’s AI Push Faces Challenges in China
News

Apple’s AI Push Faces Challenges in China

Apple’s large-scale artificial intelligence push project is facing serious challenges in China, as the authorities of this Asian country adhere to very strict rules regarding the development and distribution of AI.

China Seeks to Make Green Hydrogen One of Pillars of Economy
News

China Seeks to Make Green Hydrogen One of Pillars of Economy

Last week, at the International Carbon Neutrality Expo in Shanghai, many scale models were presented that allowed experts to form a preliminary idea of how China intends to use hydrogen energy.

China’s Central Bank Leaves Key Rate Unchanged
News

China’s Central Bank Leaves Key Rate Unchanged

The People’s Bank of China has decided to leave the key interest rate unchanged.

China’s Property Crisis Worsens
Finance & Economics

China’s Property Crisis Worsens

Last month, China’s economic system demonstrated what can be described as ambiguous performance indicators, as evidenced by a kind of statistical situation in which the volume of investment in the Asian country’s real estate sector continued to be on a downward trajectory, but at the same time a moderate increase in consumer spending was recorded, […]

China’s Rate-Cut Calls Rise
News

China’s Rate-Cut Calls Rise

In China, calls for cutting interest rates are now becoming louder and louder, which are addressed to the central bank of this Asian country.

Shanghai Yangpu District Seeks to Expand Its Growing Digital Ecosystem
Finance & Economics

Shanghai Yangpu District Seeks to Expand Its Growing Digital Ecosystem

Shanghai’s northeastern Yangpu district, which has already become a kind of hub for many large technology companies, is seeking to gain smaller-scale firms.

Ant Group Spends $2.9 Billion on Research
Fintech & Ecommerce

Ant Group Spends $2.9 Billion on Research

Last year, Ant Group Co. spent a record 21.2 billion yuan ($2.9 billion) on research.

Worldpay Says About Growth of Demand for Digital Wallets in China and India
News

Worldpay Says About Growth of Demand for Digital Wallets in China and India

Based in the United Kingdom, Worldpay, a company specializing in the implementation of payment transaction processing activities, has published a report according to which there is currently an increase in the use of digital wallets at the global level.

US Reportedly Considers Further Restrictions on China’s Access to Chip Technology
News

US Reportedly Considers Further Restrictions on China’s Access to Chip Technology

The media reported that the administration of the President of the United States Joe Biden is currently considering the possibility of introducing additional restrictive measures regarding the possibility of China’s access to chip technologies.

China’s Exports Demonstrate Growth
News

China’s Exports Demonstrate Growth

In May, China recorded an increase in exports, which exceeded preliminary expectations.

China’s Factory Activity Growth Reaches 2-Year High
Finance & Economics

China’s Factory Activity Growth Reaches 2-Year High

In China, the level of factory activity was recorded in May, which demonstrated the fastest rising pace in about the last two years.

Mainland China Rolls Out New Crackdown on Macau’s Illegal Money Exchanges
Finance & Economics

Mainland China Rolls Out New Crackdown on Macau’s Illegal Money Exchanges

Mainland Chinese officials have called for measures to curb the illegal money exchange business at the casino hub in Macau.

IMF Lifts China Growth Forecast
News

IMF Lifts China Growth Forecast

The International Monetary Fund (IMF) expects China’s economic system to show growth of 5% in the current year.

Researchers Say About Advantage of Hong Kong’s Offshore Position for China
News

Researchers Say About Advantage of Hong Kong’s Offshore Position for China

Leading Chinese researchers advise Beijing to step up its efforts to raise large amounts of foreign investment by focusing on its role in the Asian supply chain and using Hong Kong’s offshore position for appropriate purposes.

Apple’s iPhone Sales in China Demonstrate Growth
News

Apple’s iPhone Sales in China Demonstrate Growth

In China, a significant increase in sales of Apple’s iPhone smartphones was recorded in April.

China’s Wary Investors Demonstrate Interest in Ultra-Long-Term Special Government Bonds
News

China’s Wary Investors Demonstrate Interest in Ultra-Long-Term Special Government Bonds

The surge in interest in China’s ultra-long-term special government bonds, which are extremely rarely offered, has become evidence that investors are interested in the so-called safe-haven assets since they need at least some guarantees and some protection during a period of significant economic instability.