China: News
Revolutionary wireless charger can power medical implants inside human body
A team of scientists at Lanzhou University, China, has created a wireless charger capable of powering bioelectronic implants, such as fully biodegradable drug delivery systems.
Joaquin Phoenix's 'Napoleon' to release in China; release date inside
Acclaimed director Ridley Scott's Napoleon is one of the most anticipated films of 2023.
Why Apple's supplier shifted $330mn investment from India to Vietnam
Apple's key Chinese supplier, Luxshare, has reportedly opted to invest in Vietnam over India due to ongoing political tensions between China and India.
Modi influences countries to resolve conflict: Goyal after Biden-Jinping meet
Union Commerce and Industry Minister Piyush Goyal said nations worldwide were heeding Prime Minister Narendra Modi's call for dialogue in resolving conflicts.
Biden-Jinping summit results in key agreements: Everything to know
United States (US) President Joe Biden and Chinese President Xi Jinping met in San Francisco, US, for the first time since their summit in Bali, Indonesia last year.
Biden calls Jinping 'dictator' again, just hours after 'productive' meeting
Hours after their first physical meeting in a year, United States (US) President Joe Biden on Wednesday reiterated his stance that Chinese President Xi Jinping is a dictator.
Chinese influencer promotes products for 3 seconds; earns Rs.118 crore
Would you believe it if we said you could earn millions of money by working for just three seconds?
Tencent Q3 revenue climbs 10% as games sales recover
Chinese tech giant Tencent Holdings saw a 10% surge in its third quarter revenue, hitting 154.6 billion yuan (Rs. 1.78 lakh crore).
IEA raises oil demand growth forecasts for 2023 and 2024
The International Energy Agency (IEA) has revised its oil demand growth projections for 2023 and 2024 upward, despite a slowdown in economic growth among major economies.
China to inject $137 billion for housing market boost
China has unveiled plans to allocate a minimum of 1 trillion yuan ($137.22 billion) in affordable financing for urban village renovations and low-cost housing initiatives, as reported by Bloomberg News.
Markets worldwide rise ahead of US inflation data, US-China summit
Global stocks experienced a mostly positive trend on Tuesday, as investors eagerly awaited major events such as the US-China summit and economic data releases from the US, Japan, and China.
Global EV sales remain strong, China sees record monthly demand
Electric vehicle (EV) sales remain robust worldwide, with China experiencing record-setting monthly sales in October despite the end of subsidies, according to market research company Rho Motion.
Diwali retail sales hit record Rs. 3.75L crore in India
During this year's Diwali festivities, the push for made-in-India products resonated with the public, leading to a surge in sales of locally produced goods over Chinese imports.
What China's ICBC is doing to recover from ransomware attack
Last week, the Industrial and Commercial Bank of China's (ICBC) US broker-dealer, ICBC Financial Services, experienced a severe ransomware attack, resulting in a $9 billion debt to BNY Mellon.
China's Didi bounces back, posts first quarterly profit since 2021
Didi Global, China's top ride-hailing firm, has registered its first quarterly profit since 2021, indicating a recovery from regulatory hurdles.
Everything we know about China's Martian sample return mission
China aims to bring back Martian soil and rock samples to Earth by 2031, about two years before NASA and ESA's planned Mars Sample Return (MSR) mission.
China may end its freeze on Boeing 737 Max deal
China is thinking about buying Boeing 737 MAX planes at the APEC Summit in San Francisco, where Presidents Joe Biden and Xi Jinping will meet, reported Bloomberg.
China's Country Garden targets offshore debt restructuring by year-end
Country Garden, China's leading private real estate developer, is devising a preliminary strategy to reorganize its overseas debt by the end of this year, Reuters reported.
Meta to return to China after 14-year hiatus: Here's how
Meta has struck a deal with Tencent to sell a new, low-cost virtual reality (VR) headset in China, as per a Wall Street Journal report.
China's biggest bank ICBC falls victim to ransomware attack
The US division of China's Industrial and Commercial Bank of China (ICBC), called ICBC Financial Services, fell victim to a ransomware attack causing disruptions in US Treasury trades, reported Reuters.
NVIDIA to launch 3 new AI chips for Chinese market
NVIDIA is said to be preparing for the launch of three new chips specifically for the Chinese market, as reported by local media source STAR Market Daily.
Falling pork prices push China back into deflation: Here's how
In October, China saw a 0.2% drop in consumer prices, indicating a return to deflation and highlighting the country's difficulties in boosting growth through domestic demand.
India eases visa rules for Chinese employees in PLI sectors
India has introduced new regulations to speed up visa processing for Chinese nationals employed in the Production Linked Incentive (PLI) sectors, a government insider told Moneycontrol.
Tesla to import EVs from German Gigafactory to India
Tesla is planning to start its operations in India by directly importing vehicles from its German Gigafactory, reported Moneycontrol citing 'well-informed' sources.
Oil prices struggle to pick up after hitting 3-month low
Oil prices tumbled on Wednesday, slipping to a three-month low. These declines were due to worries about lowered demand in major oil-consuming nations, such as the United States and China.
US pours $553mn into Sri Lankan port to counter China
The US International Development Finance Corporation (DFC) has committed $553 million (about Rs. 4,603.4 crore) to finance a port terminal in Colombo, Sri Lanka, which is being developed by Gautam Adani.
This convenience store in China is a cliffhanger, literally!
Unlike the convenience stores around us, this store in China is difficult or rather "inconvenient" to reach.
India-Canada ties turn 'worst-ever' over Khalistani issue: Report
The relationship between India and Canada has turned into a "deep crisis," with some officials and experts calling it the "worst ever," per Reuters.
Apple experiencing subdued demand in China after Huawei's robust comeback
Apple's iPhone demand in China has reportedly dropped, especially for the iPhone 14 Pro and Pro Max.
'Will collapse like USSR': Hamas issues warning to US
Palestinian terror group Hamas has reportedly issued a warning to the United States (US) for supporting Israel in Gaza.
China welcomes Micron's expansion as ties with the US improve
China's Commerce Minister, Wang Wentao, has indicated that Beijing is open to US semiconductor firm Micron Technology Inc, expanding its presence in the Chinese market.
China joins US, EU in global AI risk management effort
At the AI Safety Summit in Bletchley Park, England, China has committed to collaborating with the United States (US), European Union (EU), and other nations to address the potential risks associated with artificial intelligence (AI).
Russian banks now allow Indians to open account remotely
The Russian government has introduced simplified processes for Indian citizens to open bank accounts in Russia.
Top five countries with the most UNESCO World Heritage Sites
The United Nations Educational, Scientific and Cultural Organization (UNESCO) World Heritage Sites are jewels of human history and natural beauty.
China Evergrande proposes new debt restructuring plan
China Evergrande has put forth a new debt restructuring proposal for its offshore bondholders, suggesting they exchange their debts for a 30% equity stake in each of the developer's two Hong Kong-listed subsidiaries, Reuters reported.
China Evergrande granted one last chance to avoid liquidation
The winding-up hearing for China Evergrande Group, the world's most indebted property developer with over $300 billion in liabilities, has been postponed by a High Court judge in Hong Kong until December 4.
Incoming Maldives president confirms talks with India on troops removal
The Maldives has begun talks with India regarding the removal of its military presence from the island nation, President-elect Mohamed Muizzu revealed during an interview with Bloomberg News on Friday.
Former Chinese premier dies of heart attack at 68
Former Chinese Premier Li Keqiang suffered a sudden heart attack on Thursday and passed away in the early hours of Friday in Shanghai at 68, Xinhua reported.
China launches its youngest-ever crew to Tiangong space station
China's youngest space crew to date embarked on a mission to the Tiangong space station aboard the Shenzhou 17 spacecraft today.