Category: China
China’s 2024 chip imports surged 10.4% to US$385 billion amid tighter US tech sanctions
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Many Chinese firms stockpiled chips ahead of the planned roll-out of more expansive and stringent trade sanctions by Washington. https://www.scmp.com/tech/tech-trends/article/3294570/chinas-2024-chip-imports-surged-104-us385-billion-amid-tighter-us-tech-sanctions?utm_source=rss_feed
Read MoreChinese military delegation to visit Japan in bid to mend strained ties
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Members of PLA command that oversees East China Sea, where the neighbours have a territorial dispute, will meet Japanese defence officials. https://www.scmp.com/news/china/military/article/3294574/chinese-military-delegation-visit-japan-bid-mend-strained-ties?utm_source=rss_feed
Read MoreCleaners in China go through tonnes of trash to retrieve man’s lost cash
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The cleaners received some money as a token of appreciation. https://www.scmp.com/news/china/article/3294548/cleaners-china-go-through-tonnes-trash-retrieve-mans-lost-cash?utm_source=rss_feed
Read MoreHuawei to offer AI support to Chinese aviation, steel conglomerate Fangda
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The deal between Huawei and Fangda comes as the Shenzhen-based technology giant is deepening its footprint in traditional industries. https://www.scmp.com/tech/big-tech/article/3294546/huawei-offer-ai-support-chinese-aviation-steel-conglomerate-fangda?utm_source=rss_feed
Read MoreChina ‘confident’ in 2025 economic rebound, Hong Kong is key: central bank chief
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Mainland’s property market is improving, PBOC governor Pan Gongsheng says, reiterating importance of special-purpose bonds for buying idle land and unsold homes. https://www.scmp.com/economy/china-economy/article/3294530/china-confident-2025-economic-rebound-hong-kong-key-central-bank-chief?utm_source=rss_feed
Read MoreMainland China ramps up integration push with local Taiwan affairs offices in Fujian
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Fujian will also roll out policies to support Taiwanese people who seek education and work in the province, Communist Party official says. https://www.scmp.com/news/china/politics/article/3294523/mainland-china-ramps-integration-push-local-taiwan-affairs-offices-fujian?utm_source=rss_feed
Read MoreChina’s CATL poised to pick banks for US$5 billion Hong Kong share sale
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. World’s top maker of EV batteries is considering a second listing in Hong Kong that could help it raise at least US$5 billion. https://www.scmp.com/business/banking-finance/article/3294515/chinas-catl-poised-pick-banks-us5-billion-hong-kong-share-sale?utm_source=rss_feed
Read MoreTo boost China’s yuan, central bank makes it easier for firms to borrow more foreign debt
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. For companies that have reached the upper limit of overseas financing, a relaxation may be welcome, but the move’s effectiveness remains unclear as rate spread with US dollar widens. https://www.scmp.com/economy/china-economy/article/3294504/boost-chinas-yuan-central-bank-makes-it-easier-firms-borrow-more-foreign-debt?utm_source=rss_feed
Read MoreChinese universities given military procurement ban for rigging bidding process
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Two Chengdu-based establishments have been banned by the PLA’s cyberspace branch for three years. https://www.scmp.com/news/china/military/article/3294441/chinese-universities-given-military-procurement-ban-rigging-bidding-process?utm_source=rss_feed
Read MoreUS ‘risks electronic warfare’ with China, Malaysia drug deaths: 5 weekend reads you missed
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. From Hong Kong sending task force to Thailand to why Snakes may have unlucky year, here are five stories you may have missed over the weekend. https://www.scmp.com/news/world/article/3294477/us-risks-electronic-warfare-china-malaysia-drug-deaths-5-weekend-reads-you-missed?utm_source=rss_feed
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