What Lei calls his “erotic clothing” showroom is one of the few already open in WeMet Industrial Park, whose Chinese name translates as “Victoria’s Secret Town” – though it has no official affiliation to the US brand. In an industrial park being built with Chinese state support in the middle of a sprawling farming community, […]
Read MoreAI or artificial intelligence is being added to the curriculum of primary and secondary schools in China. This is what the country’s government has decided. The matter has been confirmed by local media South China Morning Post. According to the report, a directive from the Chinese Ministry of Education to primary and secondary schools said […]
Read MoreChina’s Communist Party must “turn the knife inward” to eliminate problems of discipline, including corruption, President Xi Jinping said, a new call to hunt down corrupt officials and those who corrupt them. Since coming to power over a decade ago, Xi has cracked down on corruption involving party members, whether they were corrupt high-ranking “tigers” […]
Read MoreThe Chinese oil and gas major said CNOOC Energy Holdings USA entered into a sales agreement with a subsidiary of INEOS relating to CNOOC’s upstream oil and gas assets in the US part of the Gulf of Mexico. China’s CNOOC Ltd has sold its US subsidiary, together with its upstream oil and gas assets in […]
Read MorePolicymakers have pledged to do more to shore up growth and ease price declines, using some of their most direct language in years, as Beijing braces for a trade war with Donald Trump’s return to the White House. China’s spiral into deflation is proving hard to fix. Prices in the world’s second-biggest economy have fallen […]
Read MoreIt would be unprecedented for a leader of China, a top US geopolitical rival, to attend a US presidential inauguration and China experts said it was highly unlikely that Xi would come to Washington. US President-elect Donald Trump has invited Chinese President Xi Jinping and other foreign leaders to his inauguration next month in Washington, […]
Read MoreJust over a year ago, China gave Bashar al-Assad and his wife a warm welcome during their six-day visit to the country, offering the former Syrian leader a rare break from years of international isolation since the start of a civil war in 2011. As the couple attended the Asian Games, President Xi Jinping vowed […]
Read MoreChina said on Monday it has launched an investigation into Nvidia Corp over suspected violations of the country’s anti-monopoly law, in a move widely seen as a retaliatory shot against Washington’s latest curbs on the Chinese chip sector. The statement from the State Administration for Market Regulation (SAMR) announcing the probe did not elaborate on […]
Read MoreThe world’s second-largest economy is battling sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt — all of which threaten Beijing’s official growth target for this year. Chinese President Xi Jinping and other top leaders said today (9 December) they would adopt a more “relaxed” approach to monetary policy as […]
Read MoreThe resumption in purchases shows the People’s Bank of China is still keen to diversify its reserves and guard against currency depreciation, even with gold at historically expensive levels. China’s central bank expanded its gold reserves in November, ending a six-month pause in purchases after prices for the precious metal rose to a record. Bullion […]
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