Asian equities were mixed but mostly lower overnight as Mainland China’s STAR Board and Taiwan outperformed, while Vietnam and the Philippines underperformed.
Economic Watch: China’s financial sector reports remarkable progress over 14th Five-Year Plan period
China’s financial sector has achieved remarkable progress during the 14th Five-Year Plan period (2021-2025), with banking assets nearing 470 trillion yuan (66.2 trillion U.S. dollars) at the end of …
China’s $37B Stargate Rival Threatens to Close U.S. AI Data Center Gap
U.S. tech giants are once again in the sights of the Chinese government as it launched a $37 billion plan to build a huge “mega-cluster” of AI …
What We Do and Don’t Know About US TikTok Deal With China
After more than a year of negotiations, the US and China are nearing an agreement to hive off the US operations of social media platform TikTok to a consortium that includes software giant Oracle Corp.
China Achieves Major Aircraft Carrier Breakthrough
Chinese military aircraft conducted electromagnetic catapult-assisted takeoffs and arrested landings aboard the aircraft carrier CNS Fujian.
Texas Is Being Sued Over New Law Banning Foreign Buyers From Investing in Real Estate
Three Chinese citizens with ties to Texas are challenging the controversial new state law that restricts foreign nationals from countries such as China, Russia, North Korea, and Iran from buying, …
We welcome talent from across industries, countries, says China amid Trump’s H-1B move
China has also introduced a new work permit that aims to attract young science and technology professionals from around the world.
China’s monetary policy focuses on domestic imperatives, while balancing internal and external situations: central bank governor
China’s monetary policy is currently accommodative, with the emphasis placed on domestic imperatives while balancing both domestic and external situations, central bank governor Pan Gongsheng said on …
China central bank head pledges data-driven policy to aid recovery
China’s central bank head pledged on Monday to use a range of monetary policy tools to ensure ample liquidity, try to drive down funding costs and support economic recovery.
House members make rare China visit to stabilize ties
The bipartisan delegation, led by Democratic Rep. Adam Smith, met with Chinese Premier Li Qiang at the Great Hall of the People in Beijing.