Home » TRAVEL TECHNOLOGY NEWS » China’s Automakers Surge Ahead with New Travel Technology as BYD and Chery Are Outpacing Western Rivals in Global Markets Tuesday, July 15, 2025 In recent years, the automotive industry has witnessed a profound transformation, particularly within China’s rapidly growing market. One of the most significant factors contributing to China’s…
The People’s Bank of China, China’s central bank, announced it will carry out 1.4 trillion yuan (US$195 billion) in reverse repurchase agreements on Tuesday. The Bank said the move is intended to ensure liquidity in the banking system remains “reasonably ample.” The reverse repos will have maturities of three and six months. — Also from…
This year, Beijing’s Tsinghua University is up two spots to be just outside the top 10. Peking University and Zhejiang University have also moved up the list, climbing to 25th and 45th respectively. The rankings are the latest list of the Best Global Universities compiled by American media company US News and World Report, which…
Nvidia CEO dismisses concerns China will use his chips – CBS News Watch CBS News The United States has a ban on sales of Nvidia’s high-level chips to Chinese firms, but Nvidia CEO Jensen Huang says China doesn’t actually need Nvidia’s chips. Stephen Witt, author of the book “The Thinking Machine: Jensen Huang, Nvidia, And…
Plenty of data on the way from China today. Expectations for Q2 GDP are running ahead of the government target: China’s economy likely grew faster than the government’s annual target in Q2 Expectations for June month data are more mixed, steady for IP and Investment while retail sales are expected to drop back to a…
Democrats on the Senate Foreign Relations Committee accused the Trump administration of “ceding global leadership to China,” citing the trade war and a retreat from international engagement through cuts to foreign aid and media agencies. Source link
Chinese biotech is no longer playing catch-up it’s becoming the main event. In 2024, more than 1,250 innovative drugs entered development in China, nearly overtaking the US and leaving the EU behind. This isn’t just a numbers game. Chinese firms like Akeso (AKESF) are now developing therapies that are outperforming global blockbusters like Merck’s Keytruda…
Chinese Vice Premier Ding Xuexiang held the sixth China-EU High-Level Environment and Climate Dialogue jointly with Teresa Ribera, Executive Vice President of the European Commission, on Monday in Beijing, News.az reports citing Xinhua. Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, urged both…
WASHINGTON (AP) — President Donald Trump’s foreign aid cuts, tariffs on allies and restrictions on international students have “deeply” undermined America’s ability to compete with China, Senate Democrats say. In a report released Monday, Democrats on the Senate Foreign Relations Committee called … Source link
China achieved a historic trade surplus of approximately $586 billion in the first six months of the year. (AI image) China seems to have diversified its export markets away from the US, reporting a record trade surplus despite the global turmoil and uncertainty created by American President Donald Trump’s tariff war.China achieved a historic trade…