China

Science & Technology

Chinese Tech Firms Integrate DeepSeek LLM

Chinese AI startup DeepSeek is rapidly being adopted among domestic tech firms, particularly in the cloud services and semiconductor sectors.

Finance & Economics

China Unveils Series of Retaliatory Measures Against US

China on Tuesday, February 4, announced a broad package of economic measures against the United States as part of retaliatory actions, which were decided by Beijing after US President Donald Trump imposed 10% tariffs on goods imported from the Asian country.

News

Alibaba Releases New Version of Its AI Model

Chinese technology company Alibaba on Wednesday, January 29, released a new version of its artificial intelligence model Qwen 2.5.

Science & Technology

China’s DeepSeek AI Model Wreaks Havoc on Tech Stocks

The success of an open-source AI model, DeepSeek, created by a Chinese startup, caused significant declines in major tech stocks, including Nvidia, Microsoft, and Meta.

Finance & Economics

Survey Shows American Firms in China Fearful of Washington-Beijing Trade Turmoil

More than half of American businesses in China are currently concerned that the condition of interaction between the world’s two largest economies is nowadays on a downward trajectory.

News

Donald Trump Reportedly to Hold Off on Immediate China Tariffs

The media, citing insiders, published information according to which US President-elect Donald Trump will not unveil tariffs on goods imported from China on his first day in office.

News

China Hits 5% GDP Target

Last year, China’s economic system growth exceeded preliminary expectations.

News

Alipay Tap Debuts in Macao

Sands China, a resort developer and operator, launched the mainland payment service Alipay Tap at Sands Resorts Macao in collaboration with Macau Pass and Alipay.

Finance & Economics

China’s Central Bank Makes It Easier for Companies to Borrow More Foreign Debt

The People’s Bank of China has strengthened the defense of the yuan and the domestic foreign exchange market.

News

China’s Central Bank Chief Says About Confidence in 2025 Economic Rebound

The Chinese authorities are convinced that the Asian country has the capacity and tools sufficient to ensure the recovery and growth of its economy this year.

Finance & Economics

China’s Trade Surplus Reaches Record

China, on Monday, January 13, announced that its trade surplus in 2024 reached almost $1 trillion.

Finance & Economics

US Plans to Ban on Chinese Connected Vehicles

The administration of the President of the United States Joe Biden plans to finalize rules next week aimed at cracking down on Chinese vehicle software and hardware.

News

Goldman Sachs Estimates Likely Impact of Donald Trump’s Tariffs on China

Goldman Sachs chief economist Jan Hatzius said last Thursday, January 9, during a speech at the Atlantic Council in Washington, that despite the election promise of Donald Trump, who will return to the White House this month, to impose 60% tariffs on absolutely all goods imported from China, in reality, the US president-elect is likely […]

News

China’s Aviation Sector Reports Profit

In China, the local civil aviation sector has reported making a profit.

Finance & Economics

China’s Central Bank Halts Bond Buying

The People’s Bank of China on Friday, January 10, announced that it had suspended the purchase of treasury bonds, against which a jump in yields was recorded and rumors began to actively circulate that this decision by the Asian country’s financial regulator was aimed at protecting the yuan, which is currently on a trajectory of […]

Finance & Economics

Country Garden Proposes Deal to Reduce Offshore Debt by $11.6 Billion

The Chinese property development company Country Garden has proposed to its offshore creditors the deal, which will reduce the debt of this firm by $11.6 billion.