Tags: China

China's Xiaomi, Tesla's New Rival, Unveils Its First EV as It Aims to Be One of the World's Top 5 Automakers

Chinese tech giant Xiaomi unveiled its first EV model, the SU7, on Thursday, when it detailed plans to enter the competitive electric vehicle (EV) market.


2 Cities in China Halt Heavy Industries to Combat Pollution

Two cities in northwestern China have implemented preventive measures to address an anticipated heavy pollution surge in the coming days.

China's Latest Crackdown on Video Games Triggers an $80 Billion Market Meltdown

China's announcement of draft rules aimed at curbing spending in online games and restricting incentives that encourage prolonged online engagement resulted in an $80 billion market selloff.

China, Russia Boast Bilateral Trade at 'All-Time High' Despite Sanctions From the US and Its Allies

China and Russia have vowed ever closer economic ties despite disapproval from the West that promised to support Ukraine in its war with Russia.


Latest News

China's Mixed Economic Data: Industrial Expansion at Fastest Pace Since 2022; Retail Sales Growth Misses Expectations
China has reportedly recorded its fastest industrial expansion since February 2022 in November. China has reportedly recorded its fastest industrial expansion since February 2022 in November, which signals a complex recovery in the world's second-largest economy.
US, China Risk a 'New Cold War' as Economic and Trade Conflicts Escalate, IMF Official Warns
The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.
Italy Formally Withdraws From Belt and Road Agreement With China
Italy has officially informed China that it is withdrawing from the Belt and Road Initiative (BRI), marking a significant shift in its international economic alliances.
US to Prevent China From Supplying Battery Materials for EVs Set to Receive Billions in Tax Credits
The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).
JPMorgan Chase Ready to Leave China if Ordered by US Government, Bank CEO Jamie Dimon Says
JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.
Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach
Chinese-founded fast-fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States (US).
Alibaba Co-Founder Jack Ma, the Chinese Tech's Poster Boy, Moves Into Food Business
Alibaba co-founder Jack Ma, a longstanding figure in China's technology sector, is diversifying his business ventures into the food industry with the establishment of a new company, "Hangzhou Ma's Kitchen Food."
CHINA-TECHNOLOGY-AI-CONFERENCE
Amid the escalating trade tensions between the United States and China, the impact of the US chip export ban is reportedly taking a toll on Chinese artificial intelligence (AI) startups.
Joe Biden's Meeting With Xi Jinping Could Reduce Uncertainty for US-China Businesses, Analysts Say
US President Joe Biden's recent meeting with Chinese President Xi Jinping could signal a recouple in US and China's business relationships.
China’s Chipmaker SMIC Raises 2023 Annual Budget to $7.5 Billion as It Rushes to Buy Semiconductor Tools Amid US Sanctions
China's top chipmaker, Semiconductor Manufacturing International Corp (SMIC), has raised its 2023 annual budget to $7.5 billion, an 18 percent jump over 2022, amid US sanctions.
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