Tag: china
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China’s Q2 economic growth cools to 3.5-year low as imbalances worsen
BEIJING: China’s economy expanded at its slowest pace in over three years in the second quarter, with weak household consumption clouding strong manufacturing and exports and intensifying concerns over the long-term sustainability of its unbalanced growth model.At 4.3 per cent, gross domestic product growth i
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China detains US nuclear expert on spying charge, his family says
Chen Youlin’s family says he has been wrongfully detained for nearly two years on spying charges.
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China posts slowest GDP growth since 2022 at 4.3%, missing expectations
That second-quarter growth came below Beijing’s full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.
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UK approval for China’s mega embassy in London challenged in court by locals
Local residents argue that officials failed to take into account the risk that the new embassy could curtail protests or be used to monitor and intimidate Chinese dissidents.
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More than 260,000 evacuated in China as Typhoon Bavi brings severe floods
HONG KONG: The most powerful storm to strike mainland China this year forced more than 260,000 people to evacuate their homes in northeastern Liaoning province, as Typhoon Bavi brought intense flooding.
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China expels former Politburo member Ma Xingrui from Communist Party after graft probe
Ma Xingrui, 67, became the third member of the Politburo to come under investigation in the current term that began in 2022, a situation unseen in decades.
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China’s June trade tops forecasts buoyed by AI boom
BEIJING: China’s exports surged in June, buoyed by demand for chips and data centre computing power to fuel the global AI boom, giving policymakers grappling with how to boost domestic demand in the world’s second-largest economy a much-needed buffer.The stronger-than-expected trade performance shows Chinese
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China exports in June jump at fastest pace since 2021 as AI boom, tariff rush lift trade
China’s trade growth accelerated far more than expected in June, as booming global demand for AI hardware and a rush by exporters to beat anticipated tariff hikes turbocharged shipments.
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‘Listing is a must’: Chinese humanoid startups are rushing to launch IPOs
Shenzhen-based LimX Dynamics is the latest humanoid company in China to raise capital in recent weeks as investors eye IPO exits.
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CNBC’s The China Connection newsletter: Betting on Shenzhen over Silicon Valley
The coastal Chinese city of Shenzhen has become a hub for tech hardware that U.S. firms can’t ignore.
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