The world’s most advanced hypergravity machine – capable of generating forces thousands of times greater than Earth’s surface gravity – has been switched on in China, a step that scientists say will advance their understanding of events like the rise of mountains, or catastrophes such as dam collapses. Once fully operational, the Centrifugal Hypergravity and…
The window for a fiscal expansion to aid in China’s economic recovery might be narrower than previously thought, analysts said, as any new round of stimulus would need to be approved by the nation’s top legislature – a body whose governing committee has a meeting scheduled for later this month. Officials of the National Development…
The explosive Chinese stock rally over the last month finally lost steam today after a press conference by Chinese officials failed to sustain investor exuberance over previously announced stimulus measures. Shares of the electric carmaker Li Auto (NASDAQ: LI) traded nearly 7.5% lower as of midday, while shares of the search giant and artificial intelligence…
(Bloomberg) — Iron ore slumped from a five-month high and base metals fell, as a much-anticipated briefing by China’s top economic planner ended without new pledges to boost government spending. Most Read from Bloomberg Officials from the National Development and Reform Commission offered little to investors who had been expecting aggressive stimulus measures to add…