China: News

20 Nov 2023

Research

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.

17 Nov 2023

Hollywood

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.

17 Nov 2023

Apple

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.

17 Nov 2023

Narendra Modi

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.

16 Nov 2023

Joe Biden

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.

15 Nov 2023

Social Media

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?

15 Nov 2023

Tencent

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.

14 Nov 2023

Business

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.

14 Nov 2023

Stock Market

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.

14 Nov 2023

Electric Vehicles

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.

13 Nov 2023

Diwali

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.

13 Nov 2023

Cybersecurity

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.

13 Nov 2023

Business

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.

13 Nov 2023

NASA

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.

13 Nov 2023

Boeing

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.

10 Nov 2023

Business

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.

10 Nov 2023

Meta

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.

10 Nov 2023

Cybercrimes

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.

09 Nov 2023

NVIDIA

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.

08 Nov 2023

India

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.

08 Nov 2023

Tesla

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.

07 Nov 2023

Weird Stories

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.

06 Nov 2023

Justin Trudeau

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.

05 Nov 2023

Apple

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.

02 Nov 2023

United Kingdom

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).

01 Nov 2023

Russia

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.

01 Nov 2023

Italy

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.

01 Nov 2023

Business

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.

30 Oct 2023

Business

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.

27 Oct 2023

Maldives

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.

27 Oct 2023

Xi Jinping

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.

26 Oct 2023

Technology

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.