The move comes as Trump pressures the semiconductor industry, including with the threat of a 100% tariff on imported chips.
China’s campaign to ease local government debt scores first big win in Inner Mongolia
China’s debt relief campaign for local governments, launched last year, has delivered its first major success story after Inner Mongolia exited the central government’s high-risk list. The autonomous …
China Eyes RMB Stablecoin To Challenge Dollar Dominance After CBDC Plans Stall
China is pivoting from its digital yuan (e-CNY) to explore stablecoins amid growing use of USDT and USDC in trade. Hong Kong has passed new …
Unusual protest erupts in China as anger mounts over latest case of teen bullying
Police in Sichuan province scuffled this week with protesters demanding greater justice for a 14-year-old girl who was verbally and physically attacked by her schoolmates.
China Clashes With US Ally Over Rocket Launch
A Philippine senior official said China’s rocket launch caused alarm and concern in the country over “loud explosions.” …
Five killed in China’s Xinjiang after cable on suspension bridge snaps
Five people were killed after a cable on a suspension bridge snapped in northwestern China’s Xinjiang region, causing them to fall off the bridge, state-run news agency Xinhua reported on Thursday.
Pakistan’s top govt officers are buying land in this country, not US, UK, Dubai, China, Saudi Arabia, Europe, Singapore, Maldives, name is….
Pakistan’s Defence Minister Khawaja Asif said that these officers got rich through corruption and are now living a comfortable and fancy life after retiring.
China’s Property Slump to Last Longer Than Expected, UBS Says
UBS Group AG, which had been among the few firms predicting a recovery in China’s property sector, now expects a delay following a renewed sales slowdown in the second quarter.
Sceptical investors call time on China’s anti-price war rally
Fund manager Yang Tingwu was quick to harvest his gains after a furious July rally in Chinese steel and cement stocks, spurred by Beijing’s campaign against price wars and excess industrial production …
China’s Exports Surged Again in July, but Not to America
China is shipping more goods to Southeast Asia and other regions that often re-export them to the United States. China still sells three times as much to the United States as it buys.