China congratulates Biden on winning the presidency
BEIJING – China on Friday congratulated U.S. President-elect Joe Biden, who won the Nov. 3 election that President Donald Trump has not conceded, nearly a week after the former vice president clinched enough states for the win. “We respect the … Continue reading China congratulates Biden on winning the presidency
Xi: China strives to achieve tech breakthroughs
BEIJING – China will strive to achieve major breakthroughs in key technologies, state media quoted President Xi Jinping as saying on Thursday. China will build trading platforms for international financial assets, Xi was quoted as saying. (Reuters)
AI industry flourishes in China
PINGDINGSHAN, China – In a village in central China’s Henan province, amid barking dogs and wandering chickens, villagers gather along a dirt road to trade images of their faces for kettles, pots and tea cups. At the front of the … Continue reading AI industry flourishes in China
Toyota, Honda: Bright outlook on Chinese market
TOKYO – Japan’s two biggest car manufacturers, Toyota Motor and Honda Motor more than doubled their operating profit forecasts, helped by recovering demand in China as it rebounds from the coronavirus pandemic. While China’s trade friction and worsening ties with the … Continue reading Toyota, Honda: Bright outlook on Chinese market
Shanghai stock exchange suspends Ant Group’s IPO
HONG KONG/NEW YORK – China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma. The … Continue reading Shanghai stock exchange suspends Ant Group’s IPO