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Posted 27/05/2024

China Launches $47.5 Billion State-Backed Fund to Boost Semiconductor Industry

China has officially set up its third state-backed investment fund aimed at bolstering its...

Posted 27/05/2024

China’s Major Industrial Firms Report 4.3% Profit Growth in First Four Months

According to official data released on Monday by the National Bureau of Statistics, profits...

Posted 24/05/2024

Tesla Slashes Model Y Production in China Amid Weakening Demand and Fierce Competition

Tesla has reduced the production of its popular Model Y electric vehicle by a...

Posted 24/05/2024

US Sanction Is Squeezing Nvidia’s Margin Dry

Nvidia posted impressive results in the first quarter, surpassing expectations as its EPS surged...

Posted 21/05/2024

China’s Economy Thrives on Tourism Boom

Tourism has become a key industry driving China's high-quality development, experiencing rapid growth since...

Posted 20/05/2024

China Sanctions Boeing and Two American Defense Firms Over Taiwan Arms Sales

China's Ministry of Commerce has imposed sanctions on Boeing and two U.S. defense companies...

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