The Shanghai Composite rose 0.1% to around 3,870 while the Shenzhen Component advanced 1% to 12,600 on Wednesday, extending strong August gains as Chinese technology stocks continued to lead the rally. Cambricon Technologies climbed another 3% and is now up 102% this month after the AI chipmaker reported record first-half profits, supported by Beijing’s push…
Children in Indonesia cultivate a sense of “protecting nature and safeguarding green” at the nursery and planting base of Indonesia Morowali Industrial Park — a landmark project of cooperation between China and Indonesia under the Belt and Road Initiative framework. [Photo provided to chinadaily.com.cn] To attract residents” attraction to industry and technology, and their love…
BEIJING (Reuters) -Damage to China’s roads caused by recent flooding across 23 provinces, regions and municipalities was estimated at more than 16 billion yuan ($2.24 billion), state broadcaster CCTV reported on Wednesday. So far, some 540 million yuan in emergency road repair subsidies have been … Source link
Macau casino concessionaire Sands China Ltd says the first cohort of 12 students has recently graduated from its Stage Technology and Event Production course. The three-year programme aims to support Macau’s development as a ‘City of Performing Arts’, via the development of local talent, said the firm in a recent press release. According to the…
By Alimat Aliyeva Chinese software developer KylinSoft has officially released its next-generation operating system — KylinOS V11, Azernews reports. According to reports, the new version features a completely redesigned and more robust architecture, delivering significant improvements in both user experience and system security. KylinOS is an independently developed Chinese operating system, fully optimized for domestic…
BEIJING (Reuters) -Damage to China’s roads caused by recent flooding across 23 provinces, regions and municipalities was estimated at more than 16 billion yuan ($2.24 billion), state broadcaster CCTV reported on Wednesday. So far, some 540 million yuan in emergency road repair subsidies have been allocated to local authorities by the transport and finance ministries,…
An art and culture lover’s guide to China’s technology capital, Shenzhen Getty Source link
By Liam Mo and Brenda Goh BEIJING (Reuters) -China’s Alibaba is likely to highlight its artificial intelligence strategy with its quarterly results on Friday, but in line with its peers Tencent and Baidu, may struggle to show that its big AI investments are paying off. The companies have invested … Source link
The U.S.-China relationship has long been a fulcrum of global economic and technological competition. The 2025 Xi-Trump summit, marked by a 90-day tariff truce extension and conditional trade agreements, underscores a pivotal shift in how these two powers are recalibrating their rivalry. For investors, the implications are profound: supply chains are fracturing, tech sector dynamics…
By Liam Mo and Brenda Goh BEIJING (Reuters) -China’s Alibaba is likely to highlight its artificial intelligence strategy with its quarterly results on Friday, but in line with its peers Tencent and Baidu, may struggle to show that its big AI investments are paying off. The companies have invested billions of dollars into AI over…