As of June 2024, the Chinese stock market has shown signs of weakening, with major indices like the Shanghai Composite and the CSI 300 experiencing slight declines amid economic slowdown concerns. This backdrop sets a cautious stage for investors looking at dividend-paying stocks in China. In such an environment, selecting strong dividend stocks often hinges […]
A senior US official has sent chills down Chinese students and their families by suggesting that their studies at American universities will be restricted to the humanities by geopolitics. Deputy secretary of state Kurt Campbell said on Monday that his country needed to recruit more international students in STEM subjects (science, technology, engineering and mathematics) […]
A Chinese rocket crashed after being accidentally launched during a ground test Sunday, its company Space Pioneer said in a statement. The crash happened when the first stage of the Tianlong-3 rocket detached from its launch pad during a test, due to structural failure. It landed in a hilly area of the city of Gongyi […]
A Chinese space rocket crashed into a mountain on Sunday after blasting off without warning during a test of its engines, according to dramatic footage captured by onlookers. The Tianlong-3 rocket, developed by a rival to Elon Musk’s SpaceX, took off unexpectedly during what was intended to be a ground test of its booster. Spectacular […]
Amazon.com‘s plan to launch a discount shopping section would appeal to mainland Chinese suppliers with pricing flexibility, but competing with Temu and Shein in selling low-priced merchandise will not be easy, according to analysts. The US e-commerce giant told Chinese merchants in an invite-only meeting on Wednesday that this new online budget marketplace will feature […]
By Neha Arora NEW DELHI (Reuters) – India’s steel and trade ministries are in talks over rising imports, particularly cheap Chinese goods, a government source with direct knowledge of the matter said on Saturday, amid persistent calls for higher tariffs from top producers. India turned net steel importer in the fiscal year that ended in […]
China’s domestic chip production is managing impressive feats regardless of U.S. restrictions. CPU developer Loongson announced to shareholders that its upcoming 3C6000/3D6000/3E6000 series of server-grade processors had been successfully sampled and returned and that these first chips are now being tested. Loongson plans to release the 3C6000 line in Q4 2024, exactly matching its roadmap. […]
What’s Going On With Chinese E-Commerce Stocks Alibaba, PDD And More On Thursday? Amazon.Com Inc (NASDAQ:AMZN) is set to launch a new section on its website dedicated to affordable fashion and lifestyle items, enabling Chinese sellers to ship directly to U.S. consumers. The storefront marks Amazon’s boldest move yet to counter rising competition from e-commerce […]
Biden’s debate performance on Thursday is earning him little praise in the US. Both Trump and Biden are disliked in China, but people focused especially on the latter’s demeanor. On Weibo, he’s being mocked for “looking like a robot” after people said he was barely blinking. As the first presidential debate of 2024 wrapped up […]
WASHINGTON (AP) — It’s a scenario that terrifies America’s auto industry. Chinese carmakers set up shop in Mexico to exploit North American trade rules. Once in place, they send ultra-low-priced electric vehicles streaming into the United States. As the Chinese EVs go on sale across the country, America’s homegrown EVs — costing an average of […]
Beijing is backing down from a law that would have punished those wearing clothes that “hurt the feelings of the Chinese people” amid a public backlash. In September, the standing committee of the National People’s Congress published draft legislation that would, among other things, outlaw speech and dress deemed to criticize the Chinese nation or […]
Michael Phelps is the most decorated swimmer in Olympic history – winning a total of 28 medals across five Games – Getty Images/Nathan Howard Michael Phelps, the most decorated Olympic athlete of all time, has suggested that the entire future of the Games is at stake following the World Anti-Doping Agency’s handling of Chinese swimmers […]