China said it plans to tax interest income on bonds issued by the government and financial institutions, in a surprise move that’s prompted investors to reevaluate their debt market positions.
India and the Philippines stage joint sail and naval drill in the disputed South China Sea
India and the Philippines staged joint sail and naval exercises in the disputed South China Sea for the first time, a high-profile military deployment that will likely antagonize China. Beijing has separate territorial disputes with the two Asian democracies and a long-running regional rivalry with New Delhi.
China’s BYD breaks delivery growth streak as EV price war reshapes competition
While other major Chinese electric vehicle makers, including Li Auto and Nio, also reported a drop in July deliveries.
China Mobile buys over 14% stake in HKBN for $138 million
China Mobile , the world’s biggest wireless carrier by users, said on Monday it had bought a 14.4% stake in Hong Kong-based broadband service provider HKBN for HK$1.08 billion ($137.58 million).
China pushes back at US demands to stop buying Russian and Iranian oil
China has taken a firm stance against U.S. demands that it stop buying oil from Russia and Iran or face a possible 100% tariff.
Analysis-China’s independent oil firms elbow into Iraq’s majors-dominated market
China’s independent oil companies are ramping up operations in Iraq, investing billions of dollars in OPEC’s number two producer even as some global majors have scaled back from a market dominated by …
US Abandons Maglev Train Plans as China Rapidly Develops Technology
Maglev technology has been developed in Japan since 2002 and testing has also taken place in China where one line achieved speeds of over 620 miles per hour, faster than many commercial aircraft.
Donald Trump is helping China in the AI race. Why?
The Trump administration has allowed Nvidia to resume sales of top-level GPUs to China, just months after banning them from doing so …
China May Need to Trim Record Copper Output on Shortage of Ore
China’s copper smelters could be at a turning point, as a persistent shortage of ore forces them to trim production from record levels — just as the government ramps up its campaign against …
Hengqin, Macao honing model of collaborative development – Yahoo Finance
BEIJING, Dec. 20, 2024 /PRNewswire/ — A report from China Daily: Construction of a new campus of the University of Macau is underway in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin …