The real estate sector continues to be a drag, with new home sales plunging over 29%.
... * In recent years, lighthouse factories, unmanned factories, and smart
China's Tencent Holdings posted a 7% rise in fourth-quarter revenue on Wednesday, trailing analysts' expectations, as China's economic slowdown takes a toll, and said it was expecting to at least double its share buybacks this year. The world's largest video game company and operator of the WeChat messaging platform reported revenue of 155.19 billion yuan ($21.56 billion) for the three months ended Dec. 31. That compared with the 157.2 billion yuan average of 23 analyst estimates compiled by...
That'll pump up the demand for oil imports!
Li Auto, Nio, and BYD are all pursuing different paths in China's EV market, the world's largest.
BEIJING, March 24 (Reuters) – China’s defense ministry warned the Philippines against “provocative” actions and said China would safeguard its territorial sovereignty on Sunday, a day after an incident in disputed waters
China's defense ministry warned the Philippines against "provocative" actions and said China would safeguard its territorial sovereignty on Sunday, a day after an incident in disputed waters of the South China Sea. "We warn the Philippines to stop making any remarks that may lead to the intensification of conflicts and
China said Tuesday the United States had "no right" to interfere in the South China Sea, after Secretary of State Antony Blinken said Washington stood by its commitments to defend the Philippines against armed attack in the disputed waterway. "The United States is not a party to the South China Sea issue and has no right to interfere in maritime issues that are between China and the Philippines," foreign ministry spokesman Lin Jian told a regular press conference in Beijing. Blinken is in the...
BEIJING: China said Tuesday the United States had "no right" to interfere in the South China Sea, after Secretary of State Antony Blinken said Washington stood by its commitments to defend the Philippines against armed attack in the disputed waterway."The United States is not a party to the South China Sea issue and has no right to interfere in maritime issues that are between China and the Philippines," foreign ministry spokesman Lin Jian told a regular press conference in Beijing.Blinken is in...
Chinese water cannon blasts hurt three Filipino crew members and caused damage to a Philippine vessel, Manila says.
China said the United States must refrain from "stirring up trouble" or taking sides on the South China Sea issue, after U.S. Secretary of State Antony Blinken said a security deal with the Manila extended to attacks on the Philippine coast guard. Blinken called the U.S. security commitment with the
In responding to China’s aggression, the U.S. has to, in the words of one expert, “draw a balance between doing nothing and doing too much.”