57 h. ago Xi Jinping hails 'unstoppable' China as Trump accuses Beijing of conspiring against US

Xi Jinping hails 'unstoppable' China as Trump accuses Beijing of conspiring against US  Fox News

Politics

69 h. ago More military technologies targeted for civilian sector to boost economy

China will strengthen innovation by developing high-tech industries with military technologies to boost military-civil integration, a move that aims to cultivate new growth drivers and boost the economy, said a recent State Council guideline.

Events

4 d. ago GLOBAL ECONOMY European factories return to growth, Asia activity shrinks

GLOBAL ECONOMY European factories return to growth, Asia activity shrinks  Reuters

Politics

4 d. ago India’s ‘dead economy’ growth hailed, but Trump’s tariffs pose risks

India’s stronger-than-expected economic growth of 7.8 per cent in the April–June quarter has been hailed by leaders as a resounding retort to US President Donald Trump’s claim that the country’s economy is “dead”, even as experts warn that retaliatory tariffs from Washington could weigh on the outlook. Bilateral ties have plummeted recently after Trump enacted a 50 per cent import tariff on India last week, doubling a 25 per cent import tariff as a penalty for New Delhi’s purchase of sanctioned...

Events

7 d. ago Eric Trump hails China’s crypto power at Hong Kong’s bitcoin summit

Eric Trump, one of the final acts in Hong Kong’s biggest gathering of cryptocurrency enthusiasts, praised the city and China during his fireside chat with the organiser of the Bitcoin Asia conference. “There is no question that you have made an unbelievable mark on cryptocurrencies,” said the second son of the US President Donald Trump in his chat with Bitcoin Asia’s CEO David Bailey. “There is no question that China is a hell of a power when it comes to this.” The younger Trump, who was in Hong...

Politics

7 d. ago China doubles down on AI – but calls for rational, not ‘blind’, growth

China’s central government has cautioned against a nationwide rush into artificial intelligence (AI) investment, urging careful planning while pledging stronger support to expand computing capacity and embed the technology across industries. The country’s top economic planning agency said the roll-out of China’s “AI Plus” initiative – aimed at applying cutting-edge technology across the manufacturing and service sectors – should be tailored to local conditions, urging regions to build on their...

Politics

7 d. ago China’s stock boom will not do much to rejuvenate the economy, Nomura says

The ongoing rally in Chinese stocks will do little to boost growth in the mainland’s economy, as equity investments account for a small portion of total household assets, Nomura Holdings said. In a report on Wednesday, Lu Ting, the Japanese brokerage’s chief China economist, said Chinese households parked the majority of their wealth in the struggling property market. Stock holdings accounted for 1.3 per cent of total household assets, while the proportion for properties was 60 per cent, the...

Politics

1 week ago How China’s Gen Z sparked a doll fashion craze – and its impact on the economy

A booming market for miniature clothing has become the latest growth driver in China’s “doll economy” – fuelled by Gen Z’s passion for the toys and the emotional comfort they provide. “Loving ball-jointed dolls is as natural as breathing,” said 21-year-old Clementine Cai from Zhejiang. Two years after falling in love with the toys, she had spent over 3,000 yuan (US$417) on outfits alone – a sizeable amount given her roughly 2,000 yuan in monthly expenses. Unlike the wildly popular Labubu vinyl...

Politics

2 w. ago China tragedy: Under construction brige collapses into Yellow river; 12 dead, 4 missing

China tragedy: Under construction brige collapses into Yellow river; 12 dead, 4 missing  The Times of India

Events

2 w. ago Trade War Tensions: China ‘opposes’ Trump's 50% tariffs on India, hails Beijing & Delhi as ‘double engines of Asia'

Trade War Tensions: China ‘opposes’ Trump's 50% tariffs on India, hails Beijing & Delhi as ‘double engines of Asia'  Mint

Events

2 w. ago China’s coastal provinces look to ride economic wave with offshore action plans

China’s coastal provinces are leveraging their geographic advantages to align with the national strategy surrounding the marine economy, with plans to foster new growth in digitalised governance, offshore energy and tourism. Since China incorporated the marine economy into its 2035 vision, 10 provincial-level regions, including Shanghai, have rolled out marine-focused economic development plans since last year, according to a summary by Founder Securities. Southeast China’s Fujian province will...

Economics

3 w. ago Gordon Chang: China's economy can't rescue itself as growth slumps

Gordon Chang: China's economy can't rescue itself as growth slumps  Fox Business

Events

3 w. ago Indonesia’s Prabowo touts economic wins in defiant first state of nation address

Indonesia’s President Prabowo Subianto has used his first state of the nation address to spotlight the country’s economic resilience and independent foreign policy, striking a defiant tone against colonial legacies and geopolitical rivalry while positioning himself as a reformer at home. In a wide-ranging speech before the People’s Consultative Assembly on Friday, the 73-year-old leader – inaugurated last October – pointed to second-quarter growth of 5.12 per cent as a sign of the economy’s...

Economics

3 w. ago China's factory output, retail sales growth slump in blow to economy

China's factory output, retail sales growth slump in blow to economy  Reuters

Economics

3 w. ago (China Economic Roundtable) Xinhua Headlines: China's marine economy powers ahead for high

(China Economic Roundtable) Xinhua Headlines: China's marine economy powers ahead for high-quality growth  Big News Network.com

Economics

4 w. ago Hong Kong stocks surge on China’s surprisingly strong July exports

Hong Kong stocks extended gains into a fourth day on Thursday, as a strong reading on China trade data bolstered hopes that the world’s second-largest economy would sustain growth momentum throughout the year. The Hang Seng Index rose 0.5 per cent to 25,041.03 at the noon break, adding to an aggregate 1.6 per cent gain over the past three days. The Hang Seng Tech Index also rose by 0.5 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.1 per cent. Alibaba...

Politics