Humanoid robots (front) and industrial robots (back) produced by Siasun or Xinsong during the 2026 World Robot Conference in Beijing on August 20, 2026. Adek BERRY/AFP via Getty Images China’s official factory barometer rose to 49.8 in August, beating expectations but remaining below the expansion threshold for a second consecutive month — and buried inside…
STEERING AN economy has never been easy. In a candid presentation in 1975 Charles Goodhart, then of the Bank of England, shared some of Britain’s “unhappy” experiences after sterling lost its link to the dollar four years before. Instead of defending an exchange rate, the bank had hoped to use interest rates to control the…
China’s factory activity slowed in May as disruptions from a five-day break added to pressures on global demand and input costs from the continuing conflict in the Middle East. The official manufacturing purchasing managers’ index fell to 50 from 50.3 in April, the National Bureau of Statistics said Sunday. The median estimate of economists surveyed…
The Lunar New Year festival, China’s biggest holiday, took place in February, which also likely hurt sales 1 min read Last Updated : Mar 11 2026 | 3:07 PM IST China’s domestic passenger car sales fell 34.2 per cent in February from a year earlier, an industry association said Wednesday, reflecting weakening demand as…
China signaled the world’s second-largest economy is entering an era of slower expansion, setting a target for gross domestic product growth of between 4.5% and 5% this year. Office buildings in the central business district in Beijing. It is the lowest growth target set since at least the 1990s and follows three years in which…
Last Updated:March 05, 2026, 10:09 IST Presenting the annual work report, Chinese Premier Li Qiang said the government will aim for growth between 4.5% and 5% this year and will strive for better results in practice. China’s latest growth target signals one of the most cautious economic outlooks in recent years. China on Thursday lowered…
TOI correspondent from Washington : Tariffs? What tariffs? In a resounding rebuff to US efforts to corral its manufacturing might and gargantuan growth, China announced a $ 1 trillion trade surplus with the world on Monday, leaving Washington, New Delhi, Brussels among others capitals wringing their hands. It is the first time in human history…
A mild uptick in bitcoin mining in China has prompted calls for Beijing to loosen its restrictions and let the power-hungry industry tap into the country’s oversupply of energy, but experts said the likelihood of China ending its mining ban was low. China’s bitcoin mining market share by hash rate rose from 13.75 per cent…
China’s rise in the Pacific isn’t just about aid or diplomacy — it’s about survival and power. As domestic demand slows and Western tariffs squeeze exports, Beijing has been forced to turn its industrial surplus outward. Behind the roads, mines and ports it is building across the Pacific lies a deeper urgency: China has more…
Until recently Yu Faxin was best known as a leading scientist and entrepreneur, specialising in advanced semiconductors for military applications. But on September 22nd he made headlines for another reason. His company, Shanghai-listed Great Microwave Technology, disclosed that Mr Yu had been taken away by China’s anti-corruption agency. Mr Yu is in liuzhi, an extra-judicial…