When a Taiwanese telecoms company detected that an international undersea cable was damaged earlier this month, it worked to divert internet traffic from the broken line to keep customers on the island connected.
China’s Central Bank Stops Buying Bonds
BEIJING: China emitted 13 billion metric tons of climate-warming greenhouse gases in 2021, up 4.3 per cent from a year earlier, it said in its latest official submission to the United Nations, published by state media on Friday (Jan 10).
China’s economy is a disaster, and it’s no secret. The government’s latest attempt to stabilize the yuan and calm the markets is falling flat, leaving traders and analysts unimpressed. Despite frantic efforts by the People’s Bank of China (PBOC),
China has ample fiscal policy space and tools to support economic growth this year and it will step up spending to spur investment, Vice Finance Minister Liao Min said on Friday. More proactive fiscal policy can be expected in 2025,
Chinese President Xi Jinping will send a high-level envoy in his place to U.S. President-elect Donald Trump's Jan. 20 inauguration, the Financial Times reported on Thursday.
Britain’s Treasury chief is travelling to China this weekend to discuss economic and financial cooperation between the countries, as the U.K.
A top Civil Affairs Ministry official stressed new reforms must be rolled out over the next decade to be effective.
China's exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ahead of U.S. President-elect Donald Trump's return to the White House this month and fresh trade risks.
Ford has made a particular effort to be a part of the Chinese economy with the Lincoln Nautilus, a mid-size luxury crossover SUV, whose second generation is produced by Changan Ford in China while Ford is retooling their Oakville Assembly plant to produce electric vehicles.
This underperformance marks a pivotal shift in the narrative surrounding China’s economic trajectory. 2024 has been a turning point, where Beijing’s previously optimistic outlook has been tempered by a persistent post-COVID malaise.
It was almost a year before a handful of Chinese AI chatbots received government approval for public release. Some questioned whether China’s stance on censorship might hobble the country’s AI ambitions.