China broadened a home appliance subsidy program just as inflation data showed continued weak consumer demand.
Taiwan has demonstrated its sea defenses against a potential Chinese attack as tensions rise with Beijing, part of a multitiered strategy to deter an invasion from the mainland
On December 31, 2024, in Beijing, China, @YH shared a video of a car parked in a very tight space between two trees. In the video, the author films the car, which is positioned with only a small gap between the vehicle and both trees,
A Chinese filmmaker has been sentenced to three-and-a-half years in prison for his documentary about China’s nationwide protests against Covid lockdowns in late 2022, as Beijing seeks to erase public memories of stunning scenes of dissent against its handling of the pandemic.
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.
So far, China has used carbon intensity — the amount of carbon dioxide emitted per unit of GDP — as its official target. It announced the metric in 2009, at the height of its economic growth, after facing pressur e to set a quantitative goal to curb its emissions. Its argument was that it was a target that wouldn’t constrain China’s growth.
Before Congress adjourned for Christmas, congressional leadership had set ambitious goals to counter the Chinese Communist Party. Speaker Mike Johnson (R-LA) and Chairman John Moolenaar (R-MI) identified three China policy priorities to address: closing trade loopholes that provided a highway for Uyghur slave labor-produced goods to America,
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the yuan’s value versus the dollar. Naturally, it caused pandemonium in world markets — at least briefly. The real fallout, though, was suffered by China itself, as huge waves of capital fled yuan-denominated assets.
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year, in an effort to revive sluggish domestic demand, an official policy document showed on Wednesday.
Nigeria and China plan to deepen cooperation in areas such as clean energy, defence and finance, with China pledging support for Nigeria's issuance of Panda bonds to fund infrastructure, the two countries' foreign ministers said on Thursday.
China's leaders are bracing for potential shocks to the economy from higher tariffs once U.S. President-elect Donald Trump takes office.
The move comes as Beijing intensifies efforts to convince cautious households to spend as rising external uncertainties threaten exports’ ability to prop up economic growth.